PAO NOVATEK, an independent oil and gas company, engages in the acquisition, exploration, development, production, processing, marketing, and export of natural gas and liquid hydrocarbons. The company principally holds interests in reserves located in the Yamal-Nenets Autonomous Region, Western Siberia. It sells natural gas, stable gas condensate, gas condensate refined products, liquefied petroleum gas, crude oil, naphtha, diesel fuel, jet fuel, methanol, and petrol. The company also provides transportation, geological and geophysical research, repair and maintenance of energy equipment, and rent and other services; and operates retail stations. It sells its products in Russia, Europe, the Asia-Pacific region, the Middle East, North America, and internationally. PAO NOVATEK has a strategic cooperation agreement with Japan Bank for International Cooperation to cooperate on projects to produce hydrogen and ammonia, carbon capture, utilization, and storage technologies, as well as renewable energy projects in Russia. The company was formerly known as OAO NOVATEK and changed its name to PAO NOVATEK in October 2016. PAO NOVATEK was founded in 1994 and is based in Tarko-Sale, Russia.
P/S ratio for PAO NOVATEK (NVTK.ME)
P/S ratio as of 2023: 2.26
According to PAO NOVATEK's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.26. At the end of 2021 the company had a P/S ratio of 4.47.
P/S ratio history for PAO NOVATEK from 2005 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.26 |
| 2021 | 4.47 |
| 2020 | 5.32 |
| 2019 | 4.40 |
| 2018 | 4.08 |
| 2017 | 3.51 |
| 2016 | 4.45 |
| 2015 | 3.76 |
| 2014 | 3.67 |
| 2013 | 4.06 |
| 2012 | 4.98 |
| 2011 | 0.01 |
| 2010 | 10.11 |
| 2009 | 13.15 |
| 2008 | 14.93 |
| 2007 | 18.99 |
| 2006 | 23.98 |
| 2005 | 30.78 |