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, SKYX Platforms's share price is $1.01.
SKYX Platforms's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.65. Hence, SKYX Platforms's PS Ratio for today is 1.55.
The historical rank and industry rank for SKYX Platforms's PS Ratio or its related term are showing as below:
SKYX'
s PS Ratio Range Over the Past 10 Years
Min: 0.5 Med: 15.73 Max: 15780
Current: 1.55
During the past 9 years, SKYX Platforms's highest PS Ratio was 15780.00. The lowest was 0.50. And the median was 15.73.
SKYX's PS Ratio is ranked better than 53.34% of 2975
companies
in the Industrial Products industry
Industry Median: 1.73
vs SKYX: 1.55
During the past 3 years, the average Revenue per Share Growth Rate was 449.90% per year.
During the past 9 years, SKYX Platforms's highest 3-Year average Revenue per Share Growth Rate was 449.90% per year. The lowest was -82.50% per year. And the median was -63.30% per year.
Back to Basics: PS Ratio
SKYX Platforms PS Ratio Historical Data
The historical data trend for SKYX Platforms'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 SKYX Platforms's PS Ratio
For the Electrical Equipment & Parts subindustry, SKYX Platforms'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.
SKYX Platforms's PS Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, SKYX Platforms's PS Ratio distribution charts can be found below:
* The bar in red indicates where SKYX Platforms's PS Ratio falls into.
SKYX Platforms 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.
SKYX Platforms's Share Price of today is $1.01. SKYX Platforms'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 $0.65.
* 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.
SKYX Platforms PS Ratio Related Terms
Thank you for viewing the detailed overview of SKYX Platforms's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
SKYX Platforms (SKYX Platforms) Business Description
SKYX Platforms Corp operates in the business of developing proprietary technology that enables a quick and safe installation of electrical fixtures, such as light fixtures and ceiling fans. The company's technology consists of a weight bearing, fixable socket and a revolving plug for conducting electric power and supporting an electrical appliance attached to a wall or ceiling. The socket is comprised of a nonconductive body that houses conductive rings connectable to an electric power supply through terminals in its side exterior. The plug is also comprised of a nonconductive body that houses corresponding conductive rings, attaches to the socket via a male post and is capable of feeding electric power to an appliance. The Company generates its income from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SKYX has been successfully added to your 