State Street Price / Sales Ratio TTM:
3.209 for May 17, 2013State Street Historical Price / Sales Ratio TTM Data
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| Data for this Date Range | |
|---|---|
| May 17, 2013 | 3.209 |
| May 16, 2013 | 3.143 |
| May 15, 2013 | 3.133 |
| May 14, 2013 | 3.132 |
| May 13, 2013 | 3.037 |
| May 10, 2013 | 2.971 |
| May 9, 2013 | 2.966 |
| May 8, 2013 | 2.983 |
| May 7, 2013 | 2.939 |
| May 6, 2013 | 2.932 |
| May 3, 2013 | 2.928 |
| May 2, 2013 | 2.837 |
| May 1, 2013 | 2.830 |
| April 30, 2013 | 2.880 |
| April 29, 2013 | 2.864 |
| April 26, 2013 | 2.850 |
| April 25, 2013 | 2.871 |
| April 24, 2013 | 2.870 |
| April 23, 2013 | 2.869 |
| April 22, 2013 | 2.820 |
| April 19, 2013 | 2.804 |
| April 18, 2013 | 2.783 |
| April 17, 2013 | 2.822 |
| April 16, 2013 | 2.872 |
| April 15, 2013 | 2.840 |
| April 12, 2013 | 2.943 |
| April 11, 2013 | 2.979 |
| April 10, 2013 | 2.952 |
| April 9, 2013 | 2.880 |
| April 8, 2013 | 2.855 |
| April 5, 2013 | 2.835 |
| April 4, 2013 | 2.816 |
| April 3, 2013 | 2.803 |
| April 2, 2013 | 2.892 |
| April 1, 2013 | 2.868 |
| March 28, 2013 | 2.957 |
| March 27, 2013 | 2.973 |
| March 26, 2013 | 2.991 |
| March 25, 2013 | 2.969 |
| March 22, 2013 | 2.991 |
| March 21, 2013 | 2.952 |
| March 20, 2013 | 3.029 |
| March 19, 2013 | 2.966 |
| March 18, 2013 | 2.968 |
| March 15, 2013 | 3.004 |
| March 14, 2013 | 3.000 |
| March 13, 2013 | 2.993 |
| March 12, 2013 | 2.959 |
| March 11, 2013 | 2.972 |
| March 8, 2013 | 2.963 |
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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STT Price / Sales Ratio TTM Benchmarks
| Companies | |
|---|---|
| Fifth Third Bancorp | 2.601 |
| Bank of New York Mellon | 2.453 |
| T. Rowe Price Group | 6.601 |
STT Price / Sales Ratio TTM Rankings
| Overall |
56th percentile 3322 of 7593 |
| Sector |
44th percentile 507 of 921 in Financial Services |
| Industry |
79th percentile 17 of 84 in Asset Management |
STT Price / Sales Ratio TTM Range, Past 5 Years
| Minimum | 0.5803 | Jan 20 2009 |
| Maximum | 3.209 | May 17 2013 |
| Average | 2.137 |