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, IVD Medical Holding's share price is HK$1.59.
IVD Medical Holding's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.50. Hence, IVD Medical Holding's PS Ratio for today is 0.64.
The historical rank and industry rank for IVD Medical Holding's PS Ratio or its related term are showing as below:
HKSE:01931'
s PS Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.04 Max: 9.55
Current: 0.65
During the past 8 years, IVD Medical Holding's highest PS Ratio was 9.55. The lowest was 0.45. And the median was 1.04.
HKSE:01931's PS Ratio is ranked worse than 55.21% of 96
companies
in the Medical Distribution industry
Industry Median: 0.51
vs HKSE:01931: 0.65
IVD Medical Holding Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of IVD Medical Holding was 10.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 5.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 32.80% per year.
During the past 8 years, IVD Medical Holding's highest 3-Year average Revenue per Share Growth Rate was 110.50% per year. The lowest was -0.20% per year. And the median was 91.70% per year.
Back to Basics: PS Ratio
IVD Medical Holding PS Ratio Historical Data
The historical data trend for IVD Medical Holding'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 IVD Medical Holding's PS Ratio
For the Medical Distribution subindustry, IVD Medical Holding'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.
IVD Medical Holding's PS Ratio Distribution in the Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, IVD Medical Holding's PS Ratio distribution charts can be found below:
* The bar in red indicates where IVD Medical Holding's PS Ratio falls into.
IVD Medical Holding 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.
IVD Medical Holding's Share Price of today is HK$1.59.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IVD Medical Holding's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.50.
* 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:
IVD Medical Holding (HKSE:01931) 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.
IVD Medical Holding PS Ratio Related Terms
Thank you for viewing the detailed overview of IVD Medical Holding's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
IVD Medical Holding (HKSE:01931) Business Description
IVD Medical Holding Ltd is principally engaged in the sale and manufacture of medical equipment and consumables and the provision of consultancy and maintenance services related to medical equipment. It has three segments. The distribution business, which is the key revenue driver, involves the trading of IVD analysers, reagents, and other consumables to customers such as distributors, hospitals and healthcare institutions, and logistics providers. The After-sales Services provided by Vastec include maintenance and repair services, installation services and end-customer training. Its Self-branded Products Business, distributes its self-developed IVD products under its own brand which includes IVD analysers and reagents under the IVD testing category of Point-of-care testing.
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