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, PetVivo Holdings's share price is $0.7802.
PetVivo Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.08. Hence, PetVivo Holdings's PS Ratio for today is 9.75.
The historical rank and industry rank for PetVivo Holdings's PS Ratio or its related term are showing as below:
PETV'
s PS Ratio Range Over the Past 10 Years
Min: 7.3 Med: 1091.67 Max: 9111.11
Current: 9.75
During the past 13 years, PetVivo Holdings's highest PS Ratio was 9111.11. The lowest was 7.30. And the median was 1091.67.
PETV's PS Ratio is ranked worse than 83.27% of 807
companies
in the Medical Devices & Instruments industry
Industry Median: 3.22
vs PETV: 9.75
During the past 13 years, PetVivo Holdings's highest 3-Year average Revenue per Share Growth Rate was 348.10% per year. The lowest was -30.70% per year. And the median was 26.00% per year.
Back to Basics: PS Ratio
PetVivo Holdings PS Ratio Historical Data
The historical data trend for PetVivo Holdings'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 PetVivo Holdings's PS Ratio
For the Medical Devices subindustry, PetVivo Holdings'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.
PetVivo Holdings's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, PetVivo Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where PetVivo Holdings's PS Ratio falls into.
PetVivo Holdings 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.
PetVivo Holdings's Share Price of today is $0.7802. PetVivo Holdings'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 $0.08.
* 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:
PetVivo Holdings (OTCPK:PETV) 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.
PetVivo Holdings PS Ratio Related Terms
Thank you for viewing the detailed overview of PetVivo Holdings's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
PetVivo Holdings (PetVivo Holdings) Business Description
PetVivo Holdings Inc is an emerging biomedical device company. The group is focused on the manufacturing, commercialization, and licensing of medical devices and therapeutics for companion animals. A key strategy of the company is to leverage human therapies for the treatment of companion animals cost-effectively and in a timely manner. The accelerated timeline to revenues for veterinary medical devices is a key component of this strategy, which enter the market much earlier than pharmaceuticals and biologics. The product pipeline includes approximately seventeen products intended to treat animals and people. Its patent protection extends to biomaterials, products, production processes, and methods of use provided by the company's portfolio of nineteen patents.
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