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Kurita Water Industries (Kurita Water Industries) PS Ratio

: 1.63 (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, Kurita Water Industries's share price is $38.95. Kurita Water Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $23.85. Hence, Kurita Water Industries's PS Ratio for today is 1.63.

Warning Sign:

Kurita Water Industries Ltd stock PS Ratio (=1.89) is close to 1-year high of 1.96

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

KTWIF' s PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.56   Max: 2.51
Current: 1.89

During the past 13 years, Kurita Water Industries's highest PS Ratio was 2.51. The lowest was 0.94. And the median was 1.56.

KTWIF's PS Ratio is ranked worse than
55.12% of 2970 companies
in the Industrial Products industry
Industry Median: 1.64 vs KTWIF: 1.89

Kurita Water Industries's Revenue per Sharefor the three months ended in Dec. 2023 was $6.08. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $23.85.

Good Sign:

Kurita Water Industries Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Kurita Water Industries was 15.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.40% per year.

During the past 13 years, Kurita Water Industries's highest 3-Year average Revenue per Share Growth Rate was 9.80% per year. The lowest was -3.80% per year. And the median was 4.50% per year.

Back to Basics: PS Ratio


Kurita Water Industries PS Ratio Historical Data

The historical data trend for Kurita Water 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.

Kurita Water Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.23 1.06 1.99 1.77 1.97

Kurita Water 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 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 1.87 1.97 1.71 1.57 1.63

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Kurita Water 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.


Kurita Water Industries PS Ratio Distribution

For the Industrial Products industry and Industrials sector, Kurita Water Industries's PS Ratio distribution charts can be found below:

* The bar in red indicates where Kurita Water Industries's PS Ratio falls into.



Kurita Water 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.

Kurita Water Industries's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=38.95/23.845
=1.63

Kurita Water Industries's Share Price of today is $38.95.
Kurita Water 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 $23.85.

* 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.


Kurita Water Industries  (OTCPK:KTWIF) 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.


Kurita Water Industries PS Ratio Related Terms

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Kurita Water Industries (Kurita Water Industries) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

Kurita Water Industries (Kurita Water Industries) Headlines

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