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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, Natural Gas Services Group's share price is $23.545. Natural Gas Services Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $9.78. Hence, Natural Gas Services Group's PS Ratio for today is 2.41.
Warning Sign:
Natural Gas Services Group Inc stock PS Ratio (=2.38) is close to 3-year high of 2.57
The historical rank and industry rank for Natural Gas Services Group's PS Ratio or its related term are showing as below:
During the past 13 years, Natural Gas Services Group's highest PS Ratio was 5.66. The lowest was 0.75. And the median was 2.74.
Natural Gas Services Group's Revenue per Sharefor the three months ended in Dec. 2023 was $2.92. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $9.78.
During the past 12 months, the average Revenue per Share Growth Rate of Natural Gas Services Group was 41.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 24.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 11.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 0.30% per year.
During the past 13 years, Natural Gas Services Group's highest 3-Year average Revenue per Share Growth Rate was 34.50% per year. The lowest was -12.30% per year. And the median was 2.85% per year.
The historical data trend for Natural Gas Services Group'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.
Natural Gas Services Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
PS Ratio | Get a 7-Day Free Trial | 2.05 | 1.85 | 1.89 | 1.66 | 1.64 |
Natural Gas Services Group Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
PS Ratio | Get a 7-Day Free Trial | 1.66 | 1.39 | 1.24 | 1.67 | 1.64 |
For the Oil & Gas Equipment & Services subindustry, Natural Gas Services Group'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.
For the Oil & Gas industry and Energy sector, Natural Gas Services Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Natural Gas Services Group's PS Ratio falls into.
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.
Natural Gas Services Group's PS Ratio for today is calculated as
PS Ratio | = | Share Price | / | Revenue per Share (TTM) |
= | 23.545 | / | 9.776 | |
= | 2.41 |
Natural Gas Services Group's Share Price of today is $23.545.
Natural Gas Services Group'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 $9.78.
* 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.
Natural Gas Services Group (NYSE:NGS) 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.
Thank you for viewing the detailed overview of Natural Gas Services Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Georganne Hodges | director | 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042 |
John D. Bittner | officer: Interim CFO | 1920 MCKINNEY AVENUE, SUITE 950, DALLAS TX 75201 |
Brian L Tucker | officer: Chief Operating Officer | 1250 NE LOOP 410, #1000, SAN ANTONIO TX 78209 |
Donald J Tringali | director | C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030 |
Justin Jacobs | director | 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830 |
James D Faircloth | officer: Interim CFO | 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705 |
Leslie Ann Beyer | director | C/O NATURAL GAS SERVICES GROUP., INC., 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705 |
James R Hazlett | officer: Vice President-Technical Svcs. | 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705 |
Stephen Charles Taylor | director, officer: President and CEO | 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705 |
John Chisholm | director | C/O FLOTEK INDUSTRIES, INC., 2930 W. SAM HOUSTON PARKWAY N., STE. 300, HOUSTON TX 77043 |
Micah C. Foster | officer: Chief Financial Officer | 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705 |
Nigel Jenvey | director | 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705 |
James R Lawrence | officer: VP & Chief Financial Officer | C/O NATURAL GAS SERVICES GROUP, INC., 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705 |
David L Bradshaw | director | 508 WEST WALL STREET, SUITE 550, MIDLAND TX 79701 |
G Larry Lawrence | officer: Chief Financial Officer | C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701 |
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