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Sparebanken Ost (OSL:SPOG) PS Ratio : 1.20 (As of May. 04, 2024)


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What is Sparebanken Ost 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, Sparebanken Ost's share price is kr52.48. Sparebanken Ost's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was kr43.82. Hence, Sparebanken Ost's PS Ratio for today is 1.20.

Good Sign:

Sparebanken Ost stock PS Ratio (=1.19) is close to 3-year low of 1.11

The historical rank and industry rank for Sparebanken Ost's PS Ratio or its related term are showing as below:

OSL:SPOG' s PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.43   Max: 1.71
Current: 1.21

During the past 13 years, Sparebanken Ost's highest PS Ratio was 1.71. The lowest was 1.07. And the median was 1.43.

OSL:SPOG's PS Ratio is ranked better than
83% of 1453 companies
in the Banks industry
Industry Median: 2.41 vs OSL:SPOG: 1.21

Sparebanken Ost's Revenue per Sharefor the three months ended in Dec. 2023 was kr10.99. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was kr43.82.

During the past 12 months, the average Revenue per Share Growth Rate of Sparebanken Ost was 31.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.20% per year.

During the past 13 years, Sparebanken Ost's highest 3-Year average Revenue per Share Growth Rate was 18.00% per year. The lowest was -5.00% per year. And the median was 0.50% per year.

Back to Basics: PS Ratio


Sparebanken Ost PS Ratio Historical Data

The historical data trend for Sparebanken Ost'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.

Sparebanken Ost PS Ratio Chart

Sparebanken Ost 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 1.57 1.26 1.56 1.40 1.14

Sparebanken Ost 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 1.40 1.26 1.23 1.11 1.14

Competitive Comparison of Sparebanken Ost's PS Ratio

For the Banks - Regional subindustry, Sparebanken Ost'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.


Sparebanken Ost's PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebanken Ost's PS Ratio distribution charts can be found below:

* The bar in red indicates where Sparebanken Ost's PS Ratio falls into.



Sparebanken Ost 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.

Sparebanken Ost's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=52.48/43.818
=1.20

Sparebanken Ost's Share Price of today is kr52.48.
Sparebanken Ost'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 kr43.82.

* 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.


Sparebanken Ost  (OSL:SPOG) 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.


Sparebanken Ost PS Ratio Related Terms

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Sparebanken Ost (OSL:SPOG) Business Description

Traded in Other Exchanges
N/A
Address
Bragernes Torg 2, PO Box 67, Hokksund, Drammen, NOR, 3301
Sparebanken Øst is a savings bank in Norway. It offers banking products and services to retail and corporate customers in the areas of loans, payment services, insurance products, property management as well as advisory services. Its mission is to be a non-affiliated, independent and locally managed provider of financial services, to enable people in general, along with small and medium-sized enterprises, to exploit their financial resources in the best possible manner.

Sparebanken Ost (OSL:SPOG) Headlines

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