Time to revive this thread!
(Unhappily for holders, happily for new buyers.)
Jeff Mills posted some PSR numbers on the Ascend thread (see his post for a good table:http://www.exchange2000.com/~wsapi/investor/s-6301/reply-22030). Disk drive stocks:
(Sorry, can't get the table to line up--the columns are, in order, Company name, Share price, No. Shares, Mkt Cap, Trailing 12 mnth sales, PSR)
Comp. Price Shares Mkt Cap TTM PSR
WDC 23.625 93.96 $2,220 $4,383 0.51
QNTM 30.125 167.5 5,046 6,040 0.84
SEG 26.25 244.6 6,422 8,773 0.73
TTM = Trailing 12 mnth sales
PSR = Price to Sales ratio
Note: with the dive in stock prices, some of the share outstanding numbers (which probably included vested options which aren't vested anymore) may be a little high. Also I don't think it takes into account share buyback programs, which both WDC and SEG have going on.
Except for GTW, these are the only stocks that Jeff listed that have PSRs under 1 (GTW at 0.79). Of course, cheap could always get cheaper.
Sam |
