The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Aster DM Healthcare's share price is ₹358.95.
Aster DM Healthcare's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹74.89. Hence, Aster DM Healthcare's PS Ratio for today is 4.79.
The historical rank and industry rank for Aster DM Healthcare's PS Ratio or its related term are showing as below:
BOM:540975'
s PS Ratio Range Over the Past 10 Years
Min: 0.54 Med: 1 Max: 6.95
Current: 4.78
During the past 10 years, Aster DM Healthcare's highest PS Ratio was 6.95. The lowest was 0.54. And the median was 1.00.
BOM:540975's PS Ratio is ranked worse than 78.42% of 658
companies
in the Healthcare Providers & Services industry
Industry Median: 1.615
vs BOM:540975: 4.78
Aster DM Healthcare Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Aster DM Healthcare was 23.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -24.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -17.60% per year.
During the past 10 years, Aster DM Healthcare's highest 3-Year average Revenue per Share Growth Rate was 20.10% per year. The lowest was -29.60% per year. And the median was 9.20% per year.
Back to Basics: PS Ratio
Aster DM Healthcare PS Ratio Historical Data
The historical data trend for Aster DM Healthcare's PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Aster DM Healthcare's PS Ratio
For the Medical Care Facilities subindustry, Aster DM Healthcare's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Aster DM Healthcare's PS Ratio Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Aster DM Healthcare's PS Ratio distribution charts can be found below:
* The bar in red indicates where Aster DM Healthcare's PS Ratio falls into.
Aster DM Healthcare PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Aster DM Healthcare's Share Price of today is ₹358.95. Aster DM Healthcare's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹74.89.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Aster DM Healthcare (BOM:540975) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Aster DM Healthcare PS Ratio Related Terms
Thank you for viewing the detailed overview of Aster DM Healthcare's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Aster DM Healthcare (BOM:540975) Business Description
Aster DM Healthcare Ltd is an India-based company that engages in the provision of healthcare solutions. The company operates in multiple business divisions of the healthcare industry, including hospitals, clinics, and retail pharmacies and provides health care services to patients across economic segments in several GCC states through various brands Aster, Medcare and Access. Its segments are Hospitals, Clinics, Retail pharmacies and others, of which key revenue is derived from the Hospitals segment The company conducts operations in all GCC states, comprising of United Arab Emirates, Qatar, Oman, Kingdom of Saudi Arabia, Jordan, Kuwait and Bahrain; India, and UAE.
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