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Natural Gas Services Group (Natural Gas Services Group) PS Ratio : 2.47 (As of Apr. 25, 2024)


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What is Natural Gas Services Group 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, Natural Gas Services Group's share price is $24.18. 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 2.47.

Warning Sign:

Natural Gas Services Group Inc stock PS Ratio (=2.48) 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:

NGS' s PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 2.8   Max: 5.66
Current: 2.48

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 2.80.

NGS's PS Ratio is ranked worse than
73.07% of 947 companies
in the Oil & Gas industry
Industry Median: 1.17 vs NGS: 2.48

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.

Back to Basics: PS Ratio


Natural Gas Services Group PS Ratio Historical Data

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.

* Premium members only.

Natural Gas Services Group PS Ratio Chart

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 Premium Member Only Premium Member Only 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 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 1.66 1.39 1.24 1.67 1.64

Competitive Comparison of Natural Gas Services Group's PS Ratio

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.


Natural Gas Services Group's PS Ratio Distribution in the Oil & Gas Industry

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.



Natural Gas Services Group 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.

Natural Gas Services Group's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=24.18/9.776
=2.47

Natural Gas Services Group's Share Price of today is $24.18.
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.


Natural Gas Services Group PS Ratio Related Terms

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.


Natural Gas Services Group (Natural Gas Services Group) Business Description

Traded in Other Exchanges
N/A
Address
404 Veterans Airpark Lane, Suite 300, Midland, TX, USA, 79705
Natural Gas Services Group Inc provides natural gas compression equipment and services to the energy industry. The company manufacture, fabricate, rent, sell and maintain natural gas compressors and flare systems for oil and natural gas production and plant facilities. Its operating units include Gas Compressor Rental, Engineered Equipment Sales, Service, and Maintenance. The company generates the majority of its revenue by renting out low- to medium-horsepower compression equipment to natural gas production companies in unconventional oil and gas regions of the United States.
Executives
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