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Pingtan Marine Enterprise (Pingtan Marine Enterprise) PS Ratio : 0.14 (As of May. 12, 2024)


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What is Pingtan Marine Enterprise PS Ratio?

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, Pingtan Marine Enterprise's share price is $0.27. Pingtan Marine Enterprise's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2022 was $1.90. Hence, Pingtan Marine Enterprise's PS Ratio for today is 0.14.

The historical rank and industry rank for Pingtan Marine Enterprise's PS Ratio or its related term are showing as below:

PME's PS Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.96
* Ranked among companies with meaningful PS Ratio only.

Pingtan Marine Enterprise's Revenue per Sharefor the three months ended in Jun. 2022 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2022 was $1.90.

Back to Basics: PS Ratio


Pingtan Marine Enterprise PS Ratio Historical Data

The historical data trend for Pingtan Marine Enterprise'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.

* Premium members only.

Pingtan Marine Enterprise PS Ratio Chart

Pingtan Marine Enterprise Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.81 3.14 1.10 1.69 0.30

Pingtan Marine Enterprise Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.67 0.47 0.30 0.79

Competitive Comparison of Pingtan Marine Enterprise's PS Ratio

For the Farm Products subindustry, Pingtan Marine Enterprise'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.


Pingtan Marine Enterprise's PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pingtan Marine Enterprise's PS Ratio distribution charts can be found below:

* The bar in red indicates where Pingtan Marine Enterprise's PS Ratio falls into.



Pingtan Marine Enterprise 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.

Pingtan Marine Enterprise's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.27/1.902
=0.14

Pingtan Marine Enterprise's Share Price of today is $0.27.
Pingtan Marine Enterprise's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.90.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Pingtan Marine Enterprise  (NAS:PME) PS Ratio Explanation

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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Pingtan Marine Enterprise PS Ratio Related Terms

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Pingtan Marine Enterprise (Pingtan Marine Enterprise) Business Description

Traded in Other Exchanges
N/A
Address
No. 154 Hudong Road, 18-19th Floor, Zhongshan Building A, Gulou District, Fujian Province, Fuzhou, CHN, 350001
Pingtan Marine Enterprise Ltd is a marine enterprises group primarily engaging in ocean fishing. The company provides high-quality seafood to a diverse group of customers including distributors, restaurant owners and exporters in the China. It harvests a range of fish species with its owned and licensed vessels operating within the Indian Exclusive Economic Zone, Indo-Pacific waters, the Arafura Sea of Indonesia, and international waters of Atlantic and Pacific Oceans. Pingtan derives revenue primarily from the sales of frozen seafood products.
Executives
Liming Yung officer: Chief Financial Officer 18/F, ZHONGSHAN BUILDING A, NO. 154 HUDONG ROAD, FUZHOU F4 350001
Xinrong Zhuo director, 10 percent owner, officer: Chief Executive Officer FLOOR 18, TOWER A, ZHONG SHAN BUILDING, NO 154, HUDONG ROAD, GULAU DISTRICT, FUHOO CITY, FUJAN PROVINCE F4 00000
Lin Lin director 18-19/F, ZHONGSHAN BUILDING A,, NO. 154 HUDONG ROAD, FUZHOU F4 350001
Xingan Lin director 18-19/F, ZHONGSHAN BUILDING A,, NO. 154 HUDONG ROAD, FUZHOU F4 350001
Yang Yu officer: CFO 561 XIAN FENG ROAD, HARBIN HEILONGJIANG XX 1540000
Yeliang Zhou director FLOOR 18, TOWER A, ZHONGSHAN BUILDING, NO 154, HUDONG ROAD, GULOU DISTRICT, FUZHOU CITY, FUJIAN PROVINCE F4 00000
Zengbiao Zhu director FLOOR 18, TOWER A, ZHONGSHAN BUILDING, NO 154, HUDONG ROAD, GULOU DISTRICT, FUZHOU CITY, FUJIAN PROVINCE F4 00000
Lin Bao director FLOOR 18, TOWER A, ZHONGSHAN BUILDING, NO 154, HUDONG ROAD, GULOU DISTRICT, FUZHOU CITY, FUJIAN PROVINCE F4 00000
Bin Lin director, officer: Senior Vice President FLOOR 18, TOWER A, ZHONGSHAN BUILDING, NO 154, HUDONG ROAD, GULOU DISTRICT, FUZHOU CITY, FUJIAN PROVINCE F4 00000
Jin Shi director, 10 percent owner, officer: Chief Executive Officer 1818 CANGGONG ROAD, FENGXIAN, SHANGHAI, CHEMICAL INDUSTRY PARK, SHANGHAI F4 201417
Teng Zhou director 1818 CANGGONG ROAD, FENGXIAN, SHANGHAI, CHEMICAL INDUSTRY PARK, SHANGHAI F4 201417
Xuesong Song director, 10 percent owner, officer: Chief Financial Officer 1818 CANGGONG ROAD, FENGXIAN, SHANGHAI, CHEMICAL INDUSTRY PARK, SHANGHAI F4 201417
Xuechu He director 1818 CANGGONG ROAD, FENGXIAN, SHANGHAI, CHEMICAL INDUSTRY PARK, SHANGHAI F4 201417
Michael W Zhang director A12 JIANGUOMENWAI AVENUE, NCI TOWER SUITE 1602, BEIJING F4 100022
Xue Bai director A12 JIANGUOMENWAI AVENUE, NCI TOWER SUITE 1602, BEIJING F4 100022

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