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, Tangoe's share price is $10.20.
Tangoe's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2015 was $1.34. Hence, Tangoe's PS Ratio for today is 7.59.
The historical rank and industry rank for Tangoe's PS Ratio or its related term are showing as below:
TNGO's PS Ratio is not ranked *
in the Software industry.
Industry Median: 2.24 * Ranked among companies with meaningful PS Ratio only.
Tangoe's Revenue per Sharefor the
three
months ended in Sep. 2015 was $1.44.
Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2015 was $1.34.
Back to Basics: PS Ratio
Tangoe PS Ratio Historical Data
The historical data trend for Tangoe'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.
For the Software - Infrastructure subindustry, Tangoe'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.
Tangoe's PS Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Tangoe's PS Ratio distribution charts can be found below:
* The bar in red indicates where Tangoe's PS Ratio falls into.
Tangoe 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.
Tangoe's Share Price of today is $10.20. Tangoe's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.34.
* 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.
Tangoe PS Ratio Related Terms
Thank you for viewing the detailed overview of Tangoe's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Tangoe Inc was incorporated in Delaware under the name TelecomRFQ, Inc. in February 2000 and changed its name to Tangoe, Inc. in December 2001. The Company provides connection lifecycle management, or CLM, software and services to a wide range of enterprises and service providers. CLM covers the entire spectrum of an enterprise's connection-based assets and services such as voice and data services, mobile devices and usage, machine-to-machine connections, cloud software and services, enterprise social and information technology connections, and encompasses the entire lifecycle of these assets and services including planning and sourcing, procurement and provisioning, inventory and usage management, mobile device management, or MDM, real-time telecommunications expense management, or rTEM, invoice processing, expense allocation and accounting, and asset decommissioning and disposal. Its solution can provide a significant return on investment by enabling an enterprise to identify and resolve billing errors, to optimize service plans for its usage patterns and needs, to manage used and unused connection assets and services, to proactively monitor usage and to prevent bill overages. As of December 31, 2013, more than 1,000 recurring revenue customers were using its software or services. It competes with technology providers and outsourced service providers selling a range of TEM, MDM, EMM and MMS solutions.
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