Ring Energy, Inc.REINYSE
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Price to Sales: Discounted Valuation
Below historical average, structural decline.
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Price-to-sales ratio
Latest
0.73
↓ 82% below average
Average (9y)
4.08
Historical baseline
Range
High:16.30
Low:0.43
CAGR
-21.4%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.73 | -4.6% |
| 2023 | 0.77 | -10.3% |
| 2022 | 0.86 | -25.6% |
| 2021 | 1.15 | +171.2% |
| 2020 | 0.43 | -52.6% |
| 2019 | 0.90 | -64.3% |
| 2018 | 2.52 | -76.5% |
| 2017 | 10.71 | -34.3% |
| 2016 | 16.30 | +154.5% |
| 2015 | 6.41 | - |