Advance Nanotek Price/Sales
What is the Price/Sales of Advance Nanotek?
The Price/Sales of Advance Nanotek Limited is 13.54
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 Materials sector on ASX compared to Advance Nanotek
What does Advance Nanotek do?
Advance ZincTek Limited, together with its subsidiaries, manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. It produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. The company operates through a network of distributors. The company was formerly known as Advance NanoTek Limited and changed its name to Advance ZincTek Limited in November 2021. Advance ZincTek Limited was incorporated in 1997 and is based in Rocklea, Australia.
Companies with price/sales similar to Advance Nanotek
- Entheon Biomedical has Price/Sales of 13.53
- Kolibri Global has Price/Sales of 13.53
- EMvision Medical Devices has Price/Sales of 13.54
- Inphi Corp has Price/Sales of 13.54
- Inphi has Price/Sales of 13.54
- LXI REIT Plc has Price/Sales of 13.54
- Advance Nanotek has Price/Sales of 13.54
- Noxopharm has Price/Sales of 13.55
- Prosus N.V has Price/Sales of 13.55
- Lifespot Health Ltd has Price/Sales of 13.55
- Cyclo Therapeutics has Price/Sales of 13.56
- Doximity has Price/Sales of 13.57
- Shanghai Sanyou Medical Co has Price/Sales of 13.58