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, Sumitomo Bakelite Co's share price is 円4616.00.
Sumitomo Bakelite Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円3,030.02. Hence, Sumitomo Bakelite Co's PS Ratio for today is 1.52.
Warning Sign:
Sumitomo Bakelite Co Ltd stock PS Ratio (=1.47) is close to 10-year high of 1.53
The historical rank and industry rank for Sumitomo Bakelite Co's PS Ratio or its related term are showing as below:
TSE:4203'
s PS Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.8 Max: 1.53
Current: 1.51
During the past 13 years, Sumitomo Bakelite Co's highest PS Ratio was 1.53. The lowest was 0.42. And the median was 0.80.
TSE:4203's PS Ratio is ranked worse than 51.02% of 1527
companies
in the Chemicals industry
Industry Median: 1.48
vs TSE:4203: 1.51
Sumitomo Bakelite Co Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Sumitomo Bakelite Co was 0.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 11.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.30% per year.
During the past 13 years, Sumitomo Bakelite Co's highest 3-Year average Revenue per Share Growth Rate was 11.30% per year. The lowest was -9.40% per year. And the median was 1.25% per year.
Back to Basics: PS Ratio
Sumitomo Bakelite Co PS Ratio Historical Data
The historical data trend for Sumitomo Bakelite Co'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 Sumitomo Bakelite Co's PS Ratio
For the Specialty Chemicals subindustry, Sumitomo Bakelite Co'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.
Sumitomo Bakelite Co's PS Ratio Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sumitomo Bakelite Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Sumitomo Bakelite Co's PS Ratio falls into.
Sumitomo Bakelite Co 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.
Sumitomo Bakelite Co's Share Price of today is 円4616.00. Sumitomo Bakelite Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,030.02.
* 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:
Sumitomo Bakelite Co (TSE:4203) 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.
Sumitomo Bakelite Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Sumitomo Bakelite Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Sumitomo Bakelite Co (TSE:4203) Business Description
Sumitomo Bakelite Co Ltd manufactures and sells plastics and chemical-based products. The firm's three segments are based on product type. The high-performance plastics segment, which generates more revenue than any other segment, sells phenolic molding compounds and phenolic resins used to make the interiors of aerospace and automotive vehicles. The quality-of-life segment sells medical-device products including endoscopic, surgery, drainage, and circulation devices. The semiconductor materials segment sells epoxy resin molding compounds and liquid resins used for semiconductor encapsulation in smartphones and other consumer electronic devices. The majority of revenue comes from Asia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:4203 has been successfully added to your 