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, Thunder Energies's share price is $0.0833.
Thunder Energies's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00. Hence, Thunder Energies's PS Ratio for today is .
The historical rank and industry rank for Thunder Energies's PS Ratio or its related term are showing as below:
During the past 12 years, Thunder Energies's highest PS Ratio was 2600.00. The lowest was 0.05. And the median was 2.00.
TNRG's PS Ratio is not ranked *
in the Asset Management industry.
Industry Median: 8.72 * Ranked among companies with meaningful PS Ratio only.
During the past 12 years, Thunder Energies's highest 3-Year average Revenue per Share Growth Rate was 155.60% per year. The lowest was 155.60% per year. And the median was 155.60% per year.
Back to Basics: PS Ratio
Thunder Energies PS Ratio Historical Data
The historical data trend for Thunder Energies'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 Thunder Energies's PS Ratio
For the Asset Management subindustry, Thunder Energies'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.
Thunder Energies's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Thunder Energies's PS Ratio distribution charts can be found below:
* The bar in red indicates where Thunder Energies's PS Ratio falls into.
Thunder Energies 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.
Thunder Energies's Share Price of today is $0.0833. Thunder Energies'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 $0.00.
* 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:
Thunder Energies (OTCPK:TNRG) 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.
Thunder Energies PS Ratio Related Terms
Thank you for viewing the detailed overview of Thunder Energies's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Thunder Energies (Thunder Energies) Business Description
Thunder Energies Corp is engaged in increasing the shareholder value by divesting from its CBD/Hemp retail cannabidiol business model and expanding its investments footprint into the following business sectors to create a diversified portfolio of the following: 1) Diversified cash flowing assets such as fixed-income, 2) Commercial real estate projects that include resorts and associated timeshare and condo developments, 3) Entertainment venues including indoor outdoor water parks, family entertainment centers, adventure parks, 4) Residential real estate projects that include eco-friendly multi-family housing and Precious metal/mineral mining ventures.
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