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, Quorum Information Technologies's share price is C$0.74.
Quorum Information Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.55. Hence, Quorum Information Technologies's PS Ratio for today is 1.34.
Warning Sign:
Quorum Information Technologies Inc stock PS Ratio (=1.35) is close to 1-year high of 1.43
The historical rank and industry rank for Quorum Information Technologies's PS Ratio or its related term are showing as below:
TSXV:QIS'
s PS Ratio Range Over the Past 10 Years
Min: 0.25 Med: 1.86 Max: 3.98
Current: 1.34
During the past 13 years, Quorum Information Technologies's highest PS Ratio was 3.98. The lowest was 0.25. And the median was 1.86.
TSXV:QIS's PS Ratio is ranked better than 65.55% of 2752
companies
in the Software industry
Industry Median: 2.27
vs TSXV:QIS: 1.34
During the past 13 years, Quorum Information Technologies's highest 3-Year average Revenue per Share Growth Rate was 30.40% per year. The lowest was -7.50% per year. And the median was 3.70% per year.
Back to Basics: PS Ratio
Quorum Information Technologies PS Ratio Historical Data
* 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 Quorum Information Technologies's PS Ratio
For the Software - Application subindustry, Quorum Information Technologies'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.
Quorum Information Technologies's PS Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Quorum Information Technologies's PS Ratio distribution charts can be found below:
* The bar in red indicates where Quorum Information Technologies's PS Ratio falls into.
Quorum Information Technologies 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.
Quorum Information Technologies's Share Price of today is C$0.74. Quorum Information Technologies'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 C$0.55.
* 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:
Quorum Information Technologies (TSXV:QIS) 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.
Quorum Information Technologies PS Ratio Related Terms
Thank you for viewing the detailed overview of Quorum Information Technologies's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Quorum Information Technologies (TSXV:QIS) Business Description
Quorum Information Technologies Inc is an information technology company engaged in the automotive retail business. It develops, markets, implements, and supports its software products, XSELLERATOR, a Dealership Management System for the automotive market; Autovance Desk, Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service and Sales Customer Relationship Management (CRM" system and Business Development Centre (BDC); and Quorum Advantage showroom system. The Company works with original equipment manufacturers to bring integration between the auto manufacturers and the systems that dealers use. The Company operates in one segment, the computer network, and the business software industry. Its geographical segments are Canada and the United States.
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