Price to Sales ratio Analysis of Third Coast Bancshares Inc - Deep Dive


Latest FY PS
Period Ending - Dec-23

1.34


Good PS
Period Ending - Dec-22
1.76

Good PS
Growth
-23.93 %
Trailing Twelve Months PS
Period Ending - Dec-23

309.42


Very Poor PS
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
CodePricePrevious PricePrice ChangeSector
TCBX21.0920.77 1.54 % Banks-Regional
Fundamental AnalysisTechnical Analysis
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 ..
Price to Sales Formula

PS Related Ratios
PriceToBookRatioPriceToEarningRatioAssetTurnoverRatio

Tsr Value Index
Low Value Stock
FY - Historical Price to Sales of Third Coast Bancshares Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
PS1.341.762.903.917.88
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)