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Karoon Energy (ASX:KAR) PS Ratio : 1.16 (As of May. 12, 2024)


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What is Karoon Energy 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, Karoon Energy's share price is A$1.97. Karoon Energy's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.69. Hence, Karoon Energy's PS Ratio for today is 1.16.

Good Sign:

Karoon Energy Ltd stock PS Ratio (=1.34) is close to 3-year low of 1.26

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

ASX:KAR' s PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.17   Max: 5.7
Current: 1.16

During the past 13 years, Karoon Energy's highest PS Ratio was 5.70. The lowest was 1.16. And the median was 2.17.

ASX:KAR's PS Ratio is ranked better than
50.26% of 953 companies
in the Oil & Gas industry
Industry Median: 1.16 vs ASX:KAR: 1.16

Karoon Energy's Revenue per Sharefor the six months ended in Dec. 2023 was A$1.01. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.69.

During the past 12 months, the average Revenue per Share Growth Rate of Karoon Energy was 31.60% per year.

Back to Basics: PS Ratio


Karoon Energy PS Ratio Historical Data

The historical data trend for Karoon Energy'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.

Karoon Energy PS Ratio Chart

Karoon Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.39 1.77 1.33

Karoon Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 1.77 - 1.33 -

Competitive Comparison of Karoon Energy's PS Ratio

For the Oil & Gas E&P subindustry, Karoon Energy'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.


Karoon Energy's PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Karoon Energy's PS Ratio distribution charts can be found below:

* The bar in red indicates where Karoon Energy's PS Ratio falls into.



Karoon Energy 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.

Karoon Energy's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.97/1.691
=1.16

Karoon Energy's Share Price of today is A$1.97.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Karoon Energy's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.69.

* 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.


Karoon Energy  (ASX:KAR) 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.


Karoon Energy PS Ratio Related Terms

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Karoon Energy (ASX:KAR) Business Description

Traded in Other Exchanges
Address
6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006
Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.