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Definition of 'Sales Per Share'
A ratio that computes the total revenue earned per share over a 12-month period. It is calculated by dividing total revenue earned in a fiscal year by the weighted average of shares outstanding for that fiscal year:
 Also known as "revenue per share".
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Investopedia explains 'Sales Per Share'
The sales-per-share ratio is used to evaluate a company's business activities in comparison to share price. The higher the ratio, the more active the company.
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Predicting sales growth can be something of a black art - unless you ask the right questions.
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If used properly, this ratio can give you insight into a company's productivity and financial health.
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If you don't know how to evaluate a company's present performance and its possible future performance, you need to learn how to analyze ratios.
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