Sterling Plc Price/Sales
What is the Price/Sales of Sterling Plc?
The Price/Sales of Sterling Energy Plc is 42.44
What is the definition of Price/Sales?
Price to sales ratio is a company’s stock price compared to its revenues.
ttm (trailing twelve months)
The price to sales ratio, Price/Sales ratio, P/S ratio, or PSR, is a valuation metric for stocks. It is calculated by dividing the company's market cap by the revenue in the most recent year. It can also be calculated by dividing the per-share stock price by per-share revenue. The price to sales ratio is for trailing twelve months so the reported sales are for the four previous quarters. Longer time periods can be examined at times.
A smaller price to sales ratio is usually thought to be a better investment since the investor is paying less for each unit of sales. However, sales do not reveal the whole picture, as the company may be unprofitable with a low P/S ratio. Because of the limitations, this ratio is usually used only for unprofitable companies, since they don't have a price to earnings ratio (P/E ratio). The metric can be used to determine the value of a stock relative to its past performance. It may also be used to determine relative valuation of a sector or the market as a whole.
Price to sales ratios vary greatly between sectors, so they are most useful in comparing similar stocks within a sector or sub-sector. Comparing P/S ratios carries the implicit assumption that all firms in the comparison have an identical capital structure.
Price/Sales of companies in the Energy sector on LSE compared to Sterling Plc
What does Sterling Plc do?
Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. The company was incorporated in 1983 and is headquartered in London, the United Kingdom.
Companies with price/sales similar to Sterling Plc
- Quantgate Sys Inc has Price/Sales of 42.17
- Aberdeen Diversified Income & Growth Trust Plc has Price/Sales of 42.22
- Timber Pharmaceuticals has Price/Sales of 42.26
- Seelos Therapeutics has Price/Sales of 42.30
- Arbutus Biopharma Corp has Price/Sales of 42.30
- Odyssey Semiconductor Technologies has Price/Sales of 42.39
- Sterling Plc has Price/Sales of 42.44
- Ascletis Pharma Inc has Price/Sales of 42.45
- Ocugen Inc has Price/Sales of 42.49
- Grande Armee Investissement SA has Price/Sales of 42.61
- Livongo Health has Price/Sales of 42.64
- Internet of Things has Price/Sales of 42.78
- Sun Pharma Advanced Research has Price/Sales of 42.82