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, Toho Gas Co's share price is 円4030.00.
Toho Gas Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円6,020.71. Hence, Toho Gas Co's PS Ratio for today is 0.67.
Warning Sign:
Toho Gas Co Ltd stock PS Ratio (=0.63) is close to 2-year high of 0.66
The historical rank and industry rank for Toho Gas Co's PS Ratio or its related term are showing as below:
TSE:9533'
s PS Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.81 Max: 1.64
Current: 0.67
During the past 13 years, Toho Gas Co's highest PS Ratio was 1.64. The lowest was 0.35. And the median was 0.81.
TSE:9533's PS Ratio is ranked better than 71.51% of 509
companies
in the Utilities - Regulated industry
Industry Median: 1.28
vs TSE:9533: 0.67
Toho Gas Co Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Toho Gas Co was -10.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 13.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 2.20% per year.
During the past 13 years, Toho Gas Co's highest 3-Year average Revenue per Share Growth Rate was 13.60% per year. The lowest was -11.00% per year. And the median was 4.10% per year.
Back to Basics: PS Ratio
Toho Gas Co PS Ratio Historical Data
The historical data trend for Toho Gas 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.
For the Utilities - Regulated Gas subindustry, Toho Gas 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.
Toho Gas Co's PS Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Toho Gas Co's PS Ratio falls into.
Toho Gas 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.
Toho Gas Co's Share Price of today is 円4030.00. Toho Gas 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6,020.71.
* 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:
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.
Toho Gas Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Toho Gas Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Toho Gas Co Ltd is a Japanese natural gas provider operating in the Tokai region of the Japanese island of Honshu. Toho Gas is mainly involved in the supply and distribution of natural gas and liquefied petroleum gas, or LPG, to urban areas within Tokai. The company segments its operations into Gas Sales, Gas Appliance Sales and Related Construction, and LPG and Other Energies business units. Toho Gas's Gas Sales division derives the vast majority of the company's total revenue from the sale and supply of natural gas to the many manufacturing plants and industrial customers that inhabit its home region. The company's sales of LPG and thermal energy to mainly industrial consumers also represent a significant revenue stream. Toho Gas is one of the largest city gas providers in Japan.
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