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Sumitomo Rubber Industries (TSE:5110) PS Ratio : 0.41 (As of May. 14, 2024)


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What is Sumitomo Rubber Industries 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, Sumitomo Rubber Industries's share price is 円1844.50. Sumitomo Rubber Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円4,476.54. Hence, Sumitomo Rubber Industries's PS Ratio for today is 0.41.

Warning Sign:

Sumitomo Rubber Industries Ltd stock PS Ratio (=0.42) is close to 2-year high of 0.43

The historical rank and industry rank for Sumitomo Rubber Industries's PS Ratio or its related term are showing as below:

TSE:5110' s PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.45   Max: 0.72
Current: 0.41

During the past 13 years, Sumitomo Rubber Industries's highest PS Ratio was 0.72. The lowest was 0.27. And the median was 0.45.

TSE:5110's PS Ratio is ranked better than
67.6% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 0.85 vs TSE:5110: 0.41

Sumitomo Rubber Industries's Revenue per Sharefor the three months ended in Dec. 2023 was 円1,242.11. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円4,476.54.

During the past 12 months, the average Revenue per Share Growth Rate of Sumitomo Rubber Industries was 7.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 14.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.40% per year.

During the past 13 years, Sumitomo Rubber Industries's highest 3-Year average Revenue per Share Growth Rate was 14.20% per year. The lowest was -3.70% per year. And the median was 3.90% per year.

Back to Basics: PS Ratio


Sumitomo Rubber Industries PS Ratio Historical Data

The historical data trend for Sumitomo Rubber Industries'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.

Sumitomo Rubber Industries PS Ratio Chart

Sumitomo Rubber Industries 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 0.39 0.29 0.33 0.28 0.34

Sumitomo Rubber Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.28 0.28 0.32 0.37 0.34

Competitive Comparison of Sumitomo Rubber Industries's PS Ratio

For the Auto Parts subindustry, Sumitomo Rubber Industries'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 Rubber Industries's PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Rubber Industries's PS Ratio distribution charts can be found below:

* The bar in red indicates where Sumitomo Rubber Industries's PS Ratio falls into.



Sumitomo Rubber Industries 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 Rubber Industries's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1844.50/4476.54
=0.41

Sumitomo Rubber Industries's Share Price of today is 円1844.50.
Sumitomo Rubber Industries'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4,476.54.

* 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.


Sumitomo Rubber Industries  (TSE:5110) 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.


Sumitomo Rubber Industries PS Ratio Related Terms

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Sumitomo Rubber Industries (TSE:5110) Business Description

Traded in Other Exchanges
Address
3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, JPN, 651-0072
Sumitomo Rubber Industries makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. More revenue comes from Japan than any other region.

Sumitomo Rubber Industries (TSE:5110) Headlines

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