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PSX (Phillips 66) PS Ratio : 0.35 (As of Oct. 31, 2024)


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What is Phillips 66 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, Phillips 66's share price is $121.82. Phillips 66's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $344.04. Hence, Phillips 66's PS Ratio for today is 0.35.

Good Sign:

Phillips 66 stock PS Ratio (=0.35) is close to 1-year low of 0.35

The historical rank and industry rank for Phillips 66's PS Ratio or its related term are showing as below:

PSX' s PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.4   Max: 0.62
Current: 0.35

During the past 13 years, Phillips 66's highest PS Ratio was 0.62. The lowest was 0.20. And the median was 0.40.

PSX's PS Ratio is ranked better than
77.5% of 920 companies
in the Oil & Gas industry
Industry Median: 1.09 vs PSX: 0.35

Phillips 66's Revenue per Sharefor the three months ended in Sep. 2024 was $84.83. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $344.04.

During the past 12 months, the average Revenue per Share Growth Rate of Phillips 66 was 6.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 30.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.60% per year.

During the past 13 years, Phillips 66's highest 3-Year average Revenue per Share Growth Rate was 30.60% per year. The lowest was -16.90% per year. And the median was 4.55% per year.

Back to Basics: PS Ratio


Phillips 66 PS Ratio Historical Data

The historical data trend for Phillips 66'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.

Phillips 66 PS Ratio Chart

Phillips 66 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 0.47 0.48 0.29 0.29 0.41

Phillips 66 Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.37 0.41 0.49 0.41 0.38

Competitive Comparison of Phillips 66's PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Phillips 66'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.


Phillips 66's PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Phillips 66's PS Ratio distribution charts can be found below:

* The bar in red indicates where Phillips 66's PS Ratio falls into.



Phillips 66 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.

Phillips 66's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=121.82/344.043
=0.35

Phillips 66's Share Price of today is $121.82.
Phillips 66's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $344.04.

* 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.


Phillips 66  (NYSE:PSX) 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.


Phillips 66 PS Ratio Related Terms

Thank you for viewing the detailed overview of Phillips 66's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Phillips 66 Business Description

Traded in Other Exchanges
Address
2331 CityWest Boulevard, Houston, TX, USA, 77042
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
Executives
Kevin J Mitchell officer: Exec. VP, Finance and CFO 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Timothy D. Roberts officer: Executive Vice President C/O PHILLIPS 66 PARTNERS LP, 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Joseph Scott Pruitt officer: Vice President and Controller 2331 CITYWEST BLVD., HOUSTON TX 77042
Richard G Harbison officer: Senior VP, Refining 2331 CITYWEST BLVD., HOUSTON TX 77042
Zhanna Golodryga officer: Executive Vice President PO BOX 10247, BIRMINGHAM AL 35202-0247
Vanessa Allen Sutherland officer: EVP, GC and Secretary 650 W PEACHTREE ST NW, ATLANTA GA 30308
Greg C. Garland officer: Chairman, Pres. and CEO-Desig 2331 CITYWEST BLVD., HOUSTON TX 77042
Brian Mandell officer: Senior Vice President 370 17TH STREET, SUITE 2500, DENVER CO 80202
Gregory Hayes director 870 WINTER STREET, WALTHAM MA 02451
Paula Ann Johnson officer: SVP, Gen Counsel & Sec (Desig) 600 N. DAIRY ASHFORD, HOUSTON TX 77079
Robert A Herman officer: Executive Vice President 3010 BRIARPARK DRIVE, 9TH FLOOR, HOUSTON TX 77042
Douglas T Terreson director 2331 CITYWEST BLVD., HOUSTON TX 77042
Denise R Singleton director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Mark E Lashier officer: President and COO 2331 CITYWEST BLVD., HOUSTON TX 77042
Charles M Holley director