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, New Times Energy's share price is HK$0.082.
New Times Energy's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.98. Hence, New Times Energy's PS Ratio for today is 0.03.
The historical rank and industry rank for New Times Energy's PS Ratio or its related term are showing as below:
HKSE:00166'
s PS Ratio Range Over the Past 10 Years
Min: 0.02 Med: 2.35 Max: 24.29
Current: 0.03
During the past 13 years, New Times Energy's highest PS Ratio was 24.29. The lowest was 0.02. And the median was 2.35.
HKSE:00166's PS Ratio is ranked better than 99.46% of 736
companies
in the Metals & Mining industry
Industry Median: 1.67
vs HKSE:00166: 0.03
New Times Energy Corp Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of New Times Energy was 25.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 73.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 184.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 49.60% per year.
During the past 13 years, New Times Energy's highest 3-Year average Revenue per Share Growth Rate was 345.20% per year. The lowest was -69.20% per year. And the median was 14.95% per year.
Back to Basics: PS Ratio
New Times Energy PS Ratio Historical Data
The historical data trend for New Times 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.
Competitive Comparison of New Times Energy's PS Ratio
For the Other Industrial Metals & Mining subindustry, New Times 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.
New Times Energy's PS Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Times Energy's PS Ratio distribution charts can be found below:
* The bar in red indicates where New Times Energy's PS Ratio falls into.
New Times 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.
New Times Energy's Share Price of today is HK$0.082.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New Times Energy's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.98.
* 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:
New Times Energy (HKSE:00166) 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.
New Times Energy PS Ratio Related Terms
Thank you for viewing the detailed overview of New Times Energy's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
New Times Energy (HKSE:00166) Business Description
New Times Energy Corp Ltd is an investment holding company. The company's operating segment includes Upstream, which is engaged in the exploration, development, production, and sale of crude oil; and the General and commodities trading segment includes trading of non-ferrous metals, gold, and petroleum-related products. The Company operates its business through two segments. The General and Commodities Refinery and Trading segment and The Upstream segment. It generates maximum revenue from the Commodities trading segment. The company's geographical segments are Hong Kong, Mainland China, Argentina, Singapore, and the United Arab Emirates, of which Hong Kong accounts for the majority of its revenue.
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