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AXA (AXAHY) PS Ratio

: 0.73 (As of Today)
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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, AXA's share price is $36.195. AXA's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $49.84. Hence, AXA's PS Ratio for today is 0.73.

Warning Sign:

AXA SA stock PS Ratio (=0.83) is close to 10-year high of 0.86

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

AXAHY' s PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.48   Max: 0.86
Current: 0.75

During the past 13 years, AXA's highest PS Ratio was 0.86. The lowest was 0.26. And the median was 0.48.

AXAHY's PS Ratio is ranked better than
65.98% of 485 companies
in the Insurance industry
Industry Median: 1.02 vs AXAHY: 0.75

AXA's Revenue per Sharefor the six months ended in Jun. 2023 was $20.12. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $49.84.

Warning Sign:

AXA SA revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of AXA was 37.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was -8.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was -3.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was -1.40% per year.

During the past 13 years, AXA's highest 3-Year average Revenue per Share Growth Rate was 35.70% per year. The lowest was -15.40% per year. And the median was -1.30% per year.

Back to Basics: PS Ratio


AXA PS Ratio Historical Data

The historical data trend for AXA'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.

AXA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.48 0.45 0.56 0.64

AXA Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
PS Ratio 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 Premium Member Only Premium Member Only Premium Member Only - 0.56 - 0.64 -

Competitive Comparison

For the Insurance - Diversified subindustry, AXA'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.


AXA PS Ratio Distribution

For the Insurance industry and Financial Services sector, AXA's PS Ratio distribution charts can be found below:

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



AXA 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.

AXA's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=36.195/49.844
=0.73

AXA's Share Price of today is $36.195.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AXA's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $49.84.

* 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.


AXA  (OTCPK:AXAHY) 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.


AXA PS Ratio Related Terms

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


AXA (AXAHY) Business Description

Address
25, Avenue Matignon, Paris, FRA, 75008
AXA's origins date back to Ancienne Mutuelle, which was one of the few insurers that remained after the creation of the French security system. With the threat of nationalization, a merger took place between three insurance groups The Drouot Group, AXA (still known as Mutuelles Unies in 1982), and Presence Group. Ten years later AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought UAP, a large French insurer at that time. Yet, as markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in U.S. investment bank Donaldson, Lufkin & Jenrette. A few years later the firm expanded again with the acquisition of Swiss insurer Winterthur. About 5 years ago AXA began reshaping its portfolio again.

AXA (AXAHY) Headlines

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