sales per share
Definition
Annual revenue of an organization divided by the average shares outstanding for that fiscal year. A ratio which measure how much each share earned per year. A high ratio indicates an active company that has successfully used its resources to produce sales.
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How the Price to Sales Ratio is UsefulPrice-to-sales ratios are calculated by dividing share price by annual sales per share and can be useful when evaluating companies with little or no profits. ... Read more
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