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News Network PCL (BKK:NEWS) PS Ratio : 0.05 (As of May. 26, 2024)


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What is News Network PCL 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, News Network PCL's share price is ฿0.01. News Network PCL's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ฿0.21. Hence, News Network PCL's PS Ratio for today is 0.05.

Good Sign:

News Network Corp PCL stock PS Ratio (=0.05) is close to 10-year low of 0.05

The historical rank and industry rank for News Network PCL's PS Ratio or its related term are showing as below:

BKK:NEWS' s PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 2   Max: 60
Current: 0.05

During the past 13 years, News Network PCL's highest PS Ratio was 60.00. The lowest was 0.05. And the median was 2.00.

BKK:NEWS's PS Ratio is ranked better than
99.16% of 2752 companies
in the Software industry
Industry Median: 2.27 vs BKK:NEWS: 0.05

News Network PCL's Revenue per Sharefor the three months ended in Mar. 2024 was ฿0.21. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ฿0.21.

During the past 12 months, the average Revenue per Share Growth Rate of News Network PCL was 1117.60% per year.

During the past 13 years, News Network PCL's highest 3-Year average Revenue per Share Growth Rate was 17.00% per year. The lowest was -78.60% per year. And the median was -40.20% per year.

Back to Basics: PS Ratio


News Network PCL PS Ratio Historical Data

The historical data trend for News Network PCL'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.

News Network PCL PS Ratio Chart

News Network PCL 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 2.00 5.00 - - -

News Network PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.76 1.18 0.59 - 0.10

Competitive Comparison of News Network PCL's PS Ratio

For the Software - Application subindustry, News Network PCL'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.


News Network PCL's PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, News Network PCL's PS Ratio distribution charts can be found below:

* The bar in red indicates where News Network PCL's PS Ratio falls into.



News Network PCL 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.

News Network PCL's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.01/0.207
=0.05

News Network PCL's Share Price of today is ฿0.01.
News Network PCL's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.21.

* 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.


News Network PCL  (BKK:NEWS) 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.


News Network PCL PS Ratio Related Terms

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News Network PCL (BKK:NEWS) Business Description

Traded in Other Exchanges
Address
Rama 4 Road, 944 Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
News Network Corp PCL engages in the business activities of the securities business and the main business of the Company is the distribution, installation and development of software information systems, providing consultation and development of information technology system integrators, including computer network systems, acquisition of hardware and software development. The company operates in two segments information technology and Securities. The majority of revenue is derived from the information technology segment.

News Network PCL (BKK:NEWS) Headlines

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