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Bassett Furniture Industries Price/Sales

What is the Price/Sales of Bassett Furniture Industries?

The Price/Sales of Bassett Furniture Industries Inc. is 0.46

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 Consumer Discretionary sector on NASDAQ compared to Bassett Furniture Industries

What does Bassett Furniture Industries do?

bassett furniture industries, inc. is a leading manufacturer and marketer of high quality, mid-priced home furnishings. with more than 90 company- and licensee-owned stores, bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. as part of a licensing program with hgtv home, bassett offers custom-built furniture that is ready for delivery in the home within 30 days. the stores also feature the latest on-trend furniture styles, more than 1,000 upholstery fabrics, free in-home design visits, and coordinated decorating accessories. bassett is also growing its traditional wholesale business with more than 500 accounts on the open market, across the united states and internationally.

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