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, nVent Electric's share price is $75.69.
nVent Electric's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $19.40. Hence, nVent Electric's PS Ratio for today is 3.90.
Warning Sign:
nVent Electric PLC stock PS Ratio (=3.84) is close to 10-year high of 4.03
The historical rank and industry rank for nVent Electric's PS Ratio or its related term are showing as below:
NVT'
s PS Ratio Range Over the Past 10 Years
Min: 1.12 Med: 2.24 Max: 4.03
Current: 3.83
During the past 9 years, nVent Electric's highest PS Ratio was 4.03. The lowest was 1.12. And the median was 2.24.
NVT's PS Ratio is ranked worse than 77.38% of 2971
companies
in the Industrial Products industry
Industry Median: 1.66
vs NVT: 3.83
During the past 12 months, the average Revenue per Share Growth Rate of nVent Electric was 12.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 18.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.30% per year.
During the past 9 years, nVent Electric's highest 3-Year average Revenue per Share Growth Rate was 18.10% per year. The lowest was 0.10% per year. And the median was 6.15% per year.
Back to Basics: PS Ratio
nVent Electric PS Ratio Historical Data
The historical data trend for nVent Electric'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 nVent Electric's PS Ratio
For the Electrical Equipment & Parts subindustry, nVent Electric'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.
nVent Electric's PS Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, nVent Electric's PS Ratio distribution charts can be found below:
* The bar in red indicates where nVent Electric's PS Ratio falls into.
nVent Electric 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.
nVent Electric's Share Price of today is $75.69. nVent Electric'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 $19.40.
* 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.
nVent Electric PS Ratio Related Terms
Thank you for viewing the detailed overview of nVent Electric's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
nVent Electric (nVent Electric) Business Description
nVent Electric PLC is a provider of electrical connection and protection solutions. The company segments include Enclosures, Thermal Management, and Electrical and Fastening Solutions. It generates maximum revenue from the Enclosures segment. The Enclosures segment provides inventive solutions that protect, connect and manage heat in critical electronics, communication, control, and power equipment. Geographically, it derives a majority of revenue from the U.S. and Canada. The company serves the Commercial and Residential, Energy, Industrial Solutions, and Infrastructure industries. Its products include Cabinets and Electronic Packaging, Electrical Fasteners, Hangers and Support, Concrete Reinforcing Steel Connections, Data Center and Networking Systems and others.
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