The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Kornit Digital's share price is $15.88.
Kornit Digital's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.47. Hence, Kornit Digital's PS Ratio for today is 3.55.
The historical rank and industry rank for Kornit Digital's PS Ratio or its related term are showing as below:
KRNT'
s PS Ratio Range Over the Past 10 Years
Min: 2.93 Med: 5.09 Max: 27.26
Current: 3.4
During the past 12 years, Kornit Digital's highest PS Ratio was 27.26. The lowest was 2.93. And the median was 5.09.
KRNT's PS Ratio is ranked worse than 75.46% of 2971
companies
in the Industrial Products industry
Industry Median: 1.66
vs KRNT: 3.40
Kornit Digital Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Kornit Digital was -18.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -0.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 4.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.60% per year.
During the past 12 years, Kornit Digital's highest 3-Year average Revenue per Share Growth Rate was 24.40% per year. The lowest was -0.70% per year. And the median was 10.40% per year.
Back to Basics: PS Ratio
Kornit Digital PS Ratio Historical Data
The historical data trend for Kornit Digital's PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Kornit Digital's PS Ratio
For the Specialty Industrial Machinery subindustry, Kornit Digital's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kornit Digital's PS Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kornit Digital's PS Ratio distribution charts can be found below:
* The bar in red indicates where Kornit Digital's PS Ratio falls into.
Kornit Digital PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Kornit Digital's Share Price of today is $15.88. Kornit Digital's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.47.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Kornit Digital PS Ratio Related Terms
Thank you for viewing the detailed overview of Kornit Digital's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Kornit Digital (Kornit Digital) Business Description
Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.
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