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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, NeuroMetrix's share price is $4.30. NeuroMetrix's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.75. Hence, NeuroMetrix's PS Ratio for today is 0.75.
The historical rank and industry rank for NeuroMetrix's PS Ratio or its related term are showing as below:
During the past 13 years, NeuroMetrix's highest PS Ratio was 9.92. The lowest was 0.10. And the median was 0.75.
NeuroMetrix's Revenue per Sharefor the three months ended in Dec. 2023 was $1.14. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.75.
Warning Sign:
NeuroMetrix 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 NeuroMetrix was -38.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was -33.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -44.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was -52.30% per year.
During the past 13 years, NeuroMetrix's highest 3-Year average Revenue per Share Growth Rate was -7.70% per year. The lowest was -71.10% per year. And the median was -46.10% per year.
The historical data trend for NeuroMetrix'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.
NeuroMetrix Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
PS Ratio | Get a 7-Day Free Trial | 0.45 | 1.29 | 3.11 | 1.29 | 0.64 |
NeuroMetrix Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
PS Ratio | Get a 7-Day Free Trial | 1.29 | 1.39 | 1.02 | 0.87 | 0.64 |
For the Medical Devices subindustry, NeuroMetrix'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.
For the Medical Devices & Instruments industry and Healthcare sector, NeuroMetrix's PS Ratio distribution charts can be found below:
* The bar in red indicates where NeuroMetrix's PS Ratio falls into.
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.
NeuroMetrix's PS Ratio for today is calculated as
PS Ratio | = | Share Price | / | Revenue per Share (TTM) |
= | 4.30 | / | 5.746 | |
= | 0.75 |
NeuroMetrix's Share Price of today is $4.30.
NeuroMetrix's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.75.
* 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:
PS Ratio | = | Market Cap | / | Revenue |
The Revenue here is for the trailing 12 months.
NeuroMetrix (NAS:NURO) 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.
Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.
Be Aware
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.
Thank you for viewing the detailed overview of NeuroMetrix's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Bradley M Fluegel | director | 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204 |
Thomas T Higgins | officer: Chief Financial Officer | |
Topline Capital Management, Llc | other: See Explanation in Footnotes | 544 EUCLID STREET, SANTA MONICA CA 90402 |
Topline Capital Partners, Lp | 10 percent owner | 544 EUCLID STREET, SANTA MONICA CA 90402 |
Mcbirney Collin | other: See Explanation in Footnotes | 544 EUCLID STREET, SANTA MONICA CA 90402 |
Shai Gozani | director, officer: Chairman, President and CEO | C/O NEUROMETRIX, INC., 62 FOURTH AVENUE, WALTHAM MA 02451 |
Francis X Mcgillin | officer: Senior VP, Consumer | C/O NEUROMETRIX, INC., 62 FOURTH AVENUE, WALTHAM MA 02451 |
Avermaete David Van | director | C/O NEUROMETRIX, INC., 62 FOURTH AVENUE, WALTHAM MA 02451 |
Krishnamurthy Balachandran | officer: S. VP and GM, International | C/O NEUROMETRIX, INC., 62 FOURTH AVENUE, WALTHAM MA 02451 |
Nancy E Katz | director | CALYPTE BIOMEDICAL CORP, 1265 HARBOR BAY PKWY, ALAHEDA CA 94502 |
Neurometrix Inc | officer: Senior Vice President & GM | |
Walter Christensen | officer: Sr. VP, Global Sales | C/O NEUROMETRIX, INC., 62 FOURTH AVENUE, WALTHAM MA 02451 |
Timothy R Surgenor | director | 100 FOXBOROUGH BOULEVARD, SUITE 240, FOXBOROUGH MA 02035 |
Deerfield Management Company, L.p. (series C) | 10 percent owner | 345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10010 |
Deerfield Mgmt L.p. | 10 percent owner | 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017 |
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