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MetroCity Bankshares (MetroCity Bankshares) PS Ratio : 5.47 (As of May. 11, 2024)


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What is MetroCity Bankshares 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, MetroCity Bankshares's share price is $25.37. MetroCity Bankshares's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $4.64. Hence, MetroCity Bankshares's PS Ratio for today is 5.47.

Warning Sign:

MetroCity Bankshares Inc stock PS Ratio (=5.47) is close to 10-year high of 5.9

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

MCBS' s PS Ratio Range Over the Past 10 Years
Min: 2.18   Med: 3.74   Max: 5.9
Current: 5.47

During the past 9 years, MetroCity Bankshares's highest PS Ratio was 5.90. The lowest was 2.18. And the median was 3.74.

MCBS's PS Ratio is ranked worse than
89.19% of 1452 companies
in the Banks industry
Industry Median: 2.41 vs MCBS: 5.47

MetroCity Bankshares's Revenue per Sharefor the three months ended in Mar. 2024 was $1.28. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $4.64.

Warning Sign:

MetroCity Bankshares Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of MetroCity Bankshares was -7.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.60% per year.

During the past 9 years, MetroCity Bankshares's highest 3-Year average Revenue per Share Growth Rate was 26.50% per year. The lowest was 0.50% per year. And the median was 10.45% per year.

Back to Basics: PS Ratio


MetroCity Bankshares PS Ratio Historical Data

The historical data trend for MetroCity Bankshares'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.

MetroCity Bankshares PS Ratio Chart

MetroCity Bankshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only 4.39 4.07 5.27 4.13 5.19

MetroCity Bankshares 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 3.40 3.70 4.34 5.19 5.38

Competitive Comparison of MetroCity Bankshares's PS Ratio

For the Banks - Regional subindustry, MetroCity Bankshares'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.


MetroCity Bankshares's PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MetroCity Bankshares's PS Ratio distribution charts can be found below:

* The bar in red indicates where MetroCity Bankshares's PS Ratio falls into.



MetroCity Bankshares 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.

MetroCity Bankshares's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=25.37/4.637
=5.47

MetroCity Bankshares's Share Price of today is $25.37.
MetroCity Bankshares'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 $4.64.

* 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.


MetroCity Bankshares  (NAS:MCBS) 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.


MetroCity Bankshares PS Ratio Related Terms

Thank you for viewing the detailed overview of MetroCity Bankshares's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MetroCity Bankshares (MetroCity Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
5114 Buford Highway, Doraville, GA, USA, 30340
MetroCity Bankshares Inc is a holding company of its subsidiary Metro City Bank. It provides commercial banking services such as consumer and commercial checking accounts, savings accounts, certificates of deposits, commercial and consumer loans, money transfers and a variety of other banking services. The banks generate revenue from interest income. Its customers include small business owners, professionals, consumers, and real estate developers.
Executives
Nack Y Paek director, officer: Chief Executive Officer
William J. Hungeling director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Sam Sang-koo Shim director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Ajit A. Patel director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Howard Hwasaeng Kim director, officer: Executive Vice President C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Farid Tan director, officer: President C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Feiying Lu director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Don Leung director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Frank S. Rhee director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Young K. Park director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Francis Lai director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Frank Glover director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Lucas Stewart officer: Chief Financial Officer C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
William M. Hungeling director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Samuel Benton Gunter officer: Executive VP and CAO C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340

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