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, Wuxi AppTec Co's share price is ¥43.91.
Wuxi AppTec Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ¥13.59. Hence, Wuxi AppTec Co's PS Ratio for today is 3.23.
Good Sign:
Wuxi AppTec Co Ltd stock PS Ratio (=3.15) is close to 10-year low of 3.1
The historical rank and industry rank for Wuxi AppTec Co's PS Ratio or its related term are showing as below:
SHSE:603259'
s PS Ratio Range Over the Past 10 Years
Min: 3.1 Med: 11.23 Max: 26.25
Current: 3.22
During the past 10 years, Wuxi AppTec Co's highest PS Ratio was 26.25. The lowest was 3.10. And the median was 11.23.
SHSE:603259's PS Ratio is ranked worse than 53.36% of 223
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.93
vs SHSE:603259: 3.22
Wuxi AppTec Co Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Wuxi AppTec Co was 8.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 32.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 30.80% per year.
During the past 10 years, Wuxi AppTec Co's highest 3-Year average Revenue per Share Growth Rate was 39.60% per year. The lowest was 17.10% per year. And the median was 21.60% per year.
Back to Basics: PS Ratio
Wuxi AppTec Co PS Ratio Historical Data
The historical data trend for Wuxi AppTec Co'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 Wuxi AppTec Co's PS Ratio
For the Diagnostics & Research subindustry, Wuxi AppTec Co'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.
Wuxi AppTec Co's PS Ratio Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Wuxi AppTec Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Wuxi AppTec Co's PS Ratio falls into.
Wuxi AppTec Co 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.
Wuxi AppTec Co's Share Price of today is ¥43.91. Wuxi AppTec Co'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 ¥13.59.
* 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.
Wuxi AppTec Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Wuxi AppTec Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Wuxi AppTec Co Ltd provides a portfolio of research and manufacturing services through the discovery, development, and manufacturing spectrum for small-molecule drugs, cell therapies, and gene therapies as well as providing testing services for medical devices. Its segments comprise China-based laboratory services; U.S.-based laboratory services; Clinical research and other CRO services; CDMO services; and Others. The majority of revenue gets derived from China-based laboratory services that include small molecules discovery, such as synthetic chemistry, medicinal chemistry, analytical chemistry, biology, drug metabolism and pharmacokinetics (DMPK)/absorption, distribution, metabolism, and excretion (ADME), toxicology and bioanalytical services.
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