GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » MGE Energy Inc (NAS:MGEE) » Definitions » PS Ratio

MGE Energy (MGE Energy) PS Ratio : 4.07 (As of Apr. 28, 2024)


View and export this data going back to 1990. Start your Free Trial

What is MGE Energy 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, MGE Energy's share price is $77.60. MGE Energy's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $19.08. Hence, MGE Energy's PS Ratio for today is 4.07.

The historical rank and industry rank for MGE Energy's PS Ratio or its related term are showing as below:

MGEE' s PS Ratio Range Over the Past 10 Years
Min: 2.03   Med: 3.88   Max: 5.23
Current: 4.07

During the past 13 years, MGE Energy's highest PS Ratio was 5.23. The lowest was 2.03. And the median was 3.88.

MGEE's PS Ratio is ranked worse than
87.45% of 510 companies
in the Utilities - Regulated industry
Industry Median: 1.25 vs MGEE: 4.07

MGE Energy's Revenue per Sharefor the three months ended in Dec. 2023 was $4.55. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $19.08.

Warning Sign:

MGE Energy Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of MGE Energy was -3.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 0.90% per year.

During the past 13 years, MGE Energy's highest 3-Year average Revenue per Share Growth Rate was 8.50% per year. The lowest was -4.20% per year. And the median was 1.70% per year.

Back to Basics: PS Ratio


MGE Energy PS Ratio Historical Data

The historical data trend for MGE Energy'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.

MGE Energy PS Ratio Chart

MGE Energy 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 4.80 4.63 4.90 3.56 3.79

MGE Energy 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 3.56 3.89 3.98 3.46 3.79

Competitive Comparison of MGE Energy's PS Ratio

For the Utilities - Regulated Electric subindustry, MGE Energy'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.


MGE Energy's PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MGE Energy's PS Ratio distribution charts can be found below:

* The bar in red indicates where MGE Energy's PS Ratio falls into.



MGE Energy 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.

MGE Energy's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=77.60/19.081
=4.07

MGE Energy's Share Price of today is $77.60.
MGE Energy'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 $19.08.

* 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.


MGE Energy  (NAS:MGEE) 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.


MGE Energy PS Ratio Related Terms

Thank you for viewing the detailed overview of MGE Energy's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MGE Energy (MGE Energy) Business Description

Traded in Other Exchanges
N/A
Address
133 South Blair Street, Madison, WI, USA, 53788
MGE Energy Inc is a U.S. public utilities holding company based in Wisconsin. The firm generates, purchases, and distributes electricity and natural gas, and also provides transmission services, the company generates electricity from coal and purchased power, but also from natural gas, fuel oil, and renewable sources. MGE operates through five segments, which include Regulated electric utility operations, Regulated gas utility operations, Non-regulated energy operations, Transmission investments, and All other segment which includes investing in companies and property and financing the regulated operations. The majority of electric retail revenue is derived from commercial consumers whereas the majority of natural gas revenue is derived from residential consumers.
Executives
Scott Robert Smith officer: VP Bus. Regulatory Strategy 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
James G Berbee director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James Jerome Lorenz officer: VP Business Operations 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Noble Lynnwood Wray director 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Lynn K Hobbie officer: Exec VP Marketing & Corp Comm 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Gary J Wolter director 133 SOUTH BLAIR ST., P.O. BOX 1231, MADISON WI 53701-1231
Cari Anne Renlund officer: VP and General Counsel 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James L Possin director 133 SOUTH BLAIR STREET, P.O. BOX 1231, MADISON WI 53701-1231
Tamara Jean Johnson officer: VP Accounting and Controller 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Jared Joseph Bushek officer: VP Finance, CIO & Treasurer 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Marcia M Anderson director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
Jeffrey M Keebler officer: Sr. VP-Energy Supply & Plan 133 S BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Regina M Millner director 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Donald D Peterson officer: VP - Energy Technology 133 S. BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Thomas R Stolper director 133 SOUTH BLAIR STREET, POST OFFICE BOX 1231, MADISON WI 53701-1231

MGE Energy (MGE Energy) Headlines

From GuruFocus

MGE Energy Reports First-Quarter 2022 Earnings

By Business Wire Business Wire 05-05-2022

MGE Energy Issues Third-Quarter Financial Update

By Business Wire Business Wire 11-04-2022

MGE Energy Reports First-Quarter 2023 Earnings

By Business Wire Business Wire 05-04-2023

MGE Energy Issues First-Quarter Financial Update

By Business Wire Business Wire 05-06-2022

MGE Energy Reports Second-Quarter 2023 Earnings

By Business Wire 08-03-2023

MGE Energy Issues September 2023 'Inside View'

By Business Wire 09-15-2023

MGE Energy Declares Regular Dividend

By Business Wire Business Wire 05-16-2023

MGE Energy Issues June 2022 'Interim Report'

By Business Wire Business Wire 06-16-2022

MGE Energy Reports Third-Quarter 2023 Earnings

By Business Wire 11-02-2023