Formula Systems (FORTY)

21.68 +0.44  +2.07%  May 17, 8:00PM
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Formula Systems Price / Sales Ratio TTM:

0.4014 for May 17, 2013
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Formula Systems Price / Sales Ratio TTM Chart

    Formula Systems Historical Price / Sales Ratio TTM Data

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    Data for this Date Range  
    May 17, 2013 0.4014
    May 16, 2013 0.3933
    May 15, 2013 0.3894
    May 14, 2013 0.3935
    May 13, 2013 0.394
    May 10, 2013 0.407
    May 9, 2013 0.4029
    May 8, 2013 0.4101
    May 7, 2013 0.4052
    May 6, 2013 0.4097
    May 3, 2013 0.4079
    May 2, 2013 0.4033
    May 1, 2013 0.3953
    April 30, 2013 0.3857
    April 29, 2013 0.3764
    April 26, 2013 0.3683
    April 25, 2013 0.3735
    April 24, 2013 0.3648
    April 23, 2013 0.3648
    April 22, 2013 0.3624
    April 19, 2013 0.3622
    April 18, 2013 0.3615
    April 17, 2013 0.3638
    April 16, 2013 0.3737
    April 15, 2013 0.3703
       
    April 12, 2013 0.374
    April 11, 2013 0.374
    April 10, 2013 0.3638
    April 9, 2013 0.3568
    April 8, 2013 0.3546
    April 5, 2013 0.3533
    April 4, 2013 0.3546
    April 3, 2013 0.3546
    April 2, 2013 0.3592
    April 1, 2013 0.3531
    March 28, 2013 0.3531
    March 27, 2013 0.3588
    March 26, 2013 0.3564
    March 25, 2013 0.3564
    March 22, 2013 0.3555
    March 21, 2013 0.3542
    March 20, 2013 0.3518
    March 19, 2013 0.3481
    March 18, 2013 0.3411
    March 15, 2013 0.3314
    March 14, 2013 0.3311
    March 13, 2013 0.3351
    March 12, 2013 0.3379
    March 11, 2013 0.35
    March 8, 2013 0.3426

    About Price to Sales Ratio

    The price to sales ratio (PS ratio) is calculated by dividing stock price by the revenue per share. It is most useful for comparing companies within a sector or industry because "normal" values for this ratio vary from industry to industry. In general, low price to sales ratios are more appealing because they suggest that a company is undervalued.

    An example illustrating why PS ratios should not be compared across industries: On June 21, 2010, Starbucks had a PS ratio of 1.12 while Yahoo! had a PS ratio of 2.56. In other words, Yahoo! shareholders were paying $2.56 for $1 of sales while Starbucks shareholders would only pay $1.12 for $1 of sales. However, at that same moment, the two companies' price to earnings ratios were virtually identical (Starbucks: 28.09 and Yahoo!: 27.78). Hence, shareholders were paying nearly the same amount for $1.00 in earnings. The PS ratios, though, are less comparable since Yahoo!'s profit margins are much higher than that of Starbucks.
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    FORTY Price / Sales Ratio TTM Benchmarks

    Companies
    Sapiens International Corporation 1.825
    Accenture 1.967
    Syntel 3.737

    FORTY Price / Sales Ratio TTM Rankings

    Overall 92nd percentile
    589 of 7590
    Sector 87th percentile
    110 of 905 in Technology
    Industry 82nd percentile
    9 of 51 in Information Technology Services

    FORTY Price / Sales Ratio TTM Range, Past 5 Years

    Minimum 0.0984 Mar 9 2009
    Maximum 0.5044 Feb 8 2011
    Average 0.3175