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, Innovative Designs's share price is $0.15465.
Innovative Designs's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.01. Hence, Innovative Designs's PS Ratio for today is 17.18.
Good Sign:
Innovative Designs Inc stock PS Ratio (=15.47) is close to 3-year low of 15.44
The historical rank and industry rank for Innovative Designs's PS Ratio or its related term are showing as below:
IVDN'
s PS Ratio Range Over the Past 10 Years
Min: 7.78 Med: 31.05 Max: 84
Current: 17.18
During the past 13 years, Innovative Designs's highest PS Ratio was 84.00. The lowest was 7.78. And the median was 31.05.
IVDN's PS Ratio is ranked worse than 98.18% of 1100
companies
in the Retail - Cyclical industry
Industry Median: 0.675
vs IVDN: 17.18
During the past 12 months, the average Revenue per Share Growth Rate of Innovative Designs was 42.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 12.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 0.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -16.00% per year.
During the past 13 years, Innovative Designs's highest 3-Year average Revenue per Share Growth Rate was 124.10% per year. The lowest was -35.20% per year. And the median was -3.50% per year.
Back to Basics: PS Ratio
Innovative Designs PS Ratio Historical Data
The historical data trend for Innovative Designs'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 Innovative Designs's PS Ratio
For the Apparel Retail subindustry, Innovative Designs'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.
Innovative Designs's PS Ratio Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Innovative Designs's PS Ratio distribution charts can be found below:
* The bar in red indicates where Innovative Designs's PS Ratio falls into.
Innovative Designs 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.
Innovative Designs's Share Price of today is $0.15465. Innovative Designs's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01.
* 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:
Innovative Designs (OTCPK:IVDN) 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.
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.
Innovative Designs PS Ratio Related Terms
Thank you for viewing the detailed overview of Innovative Designs's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovative Designs (Innovative Designs) Business Description
Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low density foamed polyethylene with buoyancy, scent block and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment.
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