Price to Sales ratio Analysis of Third Coast Bancshares Inc - Deep Dive
Latest FY PS
Period Ending - Dec-23
Good PS
1.34
Period Ending - Dec-22
Good PS
1.76
Growth
-23.93 %
Trailing Twelve Months PS
Period Ending - Dec-23
Very Poor PS
309.42
PS Analysis of Third Coast Bancshares Inc
P/S Ratio of Third Coast Bancshares Inc with value of 309.42 indicates that stock price is high compared to sales of the company and may be overvalued. |
PS Ratio of TCBX drastically fell by -23.93 % this year. |
PS Ratio with value of 7.88 was highest in Year Dec-19 in last Five Years. |
PS Ratio of TCBX trending down for at least three Years. |
Latest PS Ratio with value of 1.34 is lower than Average PS of 3.55 in last five years. |
Other PS Related Info of TCBX that may interest you.
Third Coast Bancshares Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
TCBX | 21.09 | 20.77 | 1.54 % | Banks-Regional |
Defination of Price to Sales
The Price to Sales Ratio indicates how much investors are willing to pay for each rupee of sales generated by a company. Price-to-Sales Ratio is used to determine whether a stock is currently profitable or less profitable, which is helpful for better investment decisions. more ..PS Related Ratios
PriceToBookRatio | PriceToEarningRatio | AssetTurnoverRatio |
Tsr Value Index
Low Value Stock |
FY - Historical Price to Sales of Third Coast Bancshares Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
---|---|---|---|---|---|
PS | 1.34 | 1.76 | 2.90 | 3.91 | 7.88 |
Change | -23.93 % | -39.51 % | -25.70 % | -50.41 % |
FY Chart of Price to Sales of Third Coast Bancshares Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)