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, INVO Bioscience's share price is $0.89.
INVO Bioscience's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $1.95. Hence, INVO Bioscience's PS Ratio for today is 0.46.
The historical rank and industry rank for INVO Bioscience's PS Ratio or its related term are showing as below:
INVO'
s PS Ratio Range Over the Past 10 Years
Min: 0.27 Med: 34.6 Max: 12180.65
Current: 0.46
During the past 13 years, INVO Bioscience's highest PS Ratio was 12180.65. The lowest was 0.27. And the median was 34.60.
INVO's PS Ratio is ranked better than 92.46% of 809
companies
in the Medical Devices & Instruments industry
Industry Median: 3.29
vs INVO: 0.46
INVO Bioscience Inc 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 INVO Bioscience was 18.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -20.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -11.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 47.10% per year.
During the past 13 years, INVO Bioscience's highest 3-Year average Revenue per Share Growth Rate was 232.00% per year. The lowest was -49.40% per year. And the median was -6.00% per year.
Back to Basics: PS Ratio
INVO Bioscience PS Ratio Historical Data
The historical data trend for INVO Bioscience'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 INVO Bioscience's PS Ratio
For the Medical Devices subindustry, INVO Bioscience'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.
INVO Bioscience's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, INVO Bioscience's PS Ratio distribution charts can be found below:
* The bar in red indicates where INVO Bioscience's PS Ratio falls into.
INVO Bioscience 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.
INVO Bioscience's Share Price of today is $0.89. INVO Bioscience'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 $1.95.
* 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:
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.
INVO Bioscience PS Ratio Related Terms
Thank you for viewing the detailed overview of INVO Bioscience's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
INVO Bioscience (INVO Bioscience) Business Description
INVO Bioscience Inc operates as a medical device company focused on the Assisted Reproductive Technology (ART) marketplace that is creating simplified, lower-cost treatments for patients diagnosed with infertility. The company has developed the INVOcell device and procedure, the first Intravaginal Culture (IVC) system granted FDA clearance in the United States used for the incubation of eggs and sperm during fertilization and early embryo development. The company sells its products to physicians directly; and IVF centers, medical practices, and physicians through distributors.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
INVO has been successfully added to your 