thanks for the info... best chart site I have found so far... I haven't yet completely explored the site... do you know if there is a way to get a single x-y price-date chart, superimposed, of all the issues that I list?
And please: what IS the "Price/Sales ratio" on the chart???
sorry if that is THE dumb question... I might be having a brain cramp... and thanks again for your post
Motley Fool is a great place to go for definitions of everything. Valuing Stocks Revenues-Based Valuations VALUATION: THE PRICE/SALES RATIO
Every time a company sells a customer something, it is generating revenues. Revenues are the sales generated by a company for peddling goods or services. Whether or not a company has made money in the last year, there are always revenues. Even companies that may be temporarily losing money, have earnings depressed due to short-term circumstances (like product development or higher taxes), or are relatively new in a high-growth industry are often valued off of their revenues and not their earnings. Revenue-based valuations are achieved using the price/sales ratio, often simply abbreviated PSR.
The price/sales ratio takes the current market capitalization of a company and divides it by the last 12 months trailing revenues. The market capitalization is the current market value of a company, arrived at by multiplying the current share price times the shares outstanding. This is the current price at which the market is valuing the company. For instance, if our example company XYZ Corp. has ten million shares outstanding, priced at $10 a share, then the market capitalization is $100 million.
Some investors are even more conservative and add the current long-term debt of the company to the total current market value of its stock to get the market capitalization. The logic here is that if you were to acquire the company, you would acquire its debt as well, effectively paying that much more. This avoids comparing PSRs between two companies where one has taken out enormous debt that it has used to boast sales and one that has lower sales but has not added any nasty debt either.
Market Capitalization = (Shares Outstanding * Current Share Price) + Current Long-term Debt
The next step in calculating the PSR is to add up the revenues from the last four quarters and divide this number into the market capitalization. Say XYZ Corp. had $200 million in sales over the last four quarters and currently has no long-term debt. The PSR would be:
(10,000,000 shares * $10/share) + $0 debt PSR = ----------------------------------------- = 0.5 $200 million revenues
There is a bit more and very useful. Suggest you click on the site address and read the rest target=new >http://www.fool.com/School/RevenueBasedValuations.htm