This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Bio-Rad Laboratories's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $91.248. Bio-Rad Laboratories's 10-Year median PS Ratio is 3.8137. Therefore, the Median PS Value for today is $347.99.
As of today (2024-04-25), Bio-Rad Laboratories's share price is $275.89. Bio-Rad Laboratories's Median PS Value is $347.99. Therefore, Bio-Rad Laboratories's Price to Median PS Value for today is 0.79.
The historical rank and industry rank for Bio-Rad Laboratories's Median PS Value or its related term are showing as below:
BIO'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.78 Med: 1.73 Max: 3.41
Current: 0.79
During the past 13 years, the highest Price to Median PS Value of Bio-Rad Laboratories was 3.41. The lowest was 0.78. And the median was 1.73.
BIO's Price-to-Median-PS-Value is ranked worse than 50.96% of 312
companies
in the Medical Devices & Instruments industry
Industry Median: 0.785
vs BIO: 0.79
Bio-Rad Laboratories Median PS Value Historical Data
The historical data trend for Bio-Rad Laboratories's Median PS Value 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 Bio-Rad Laboratories's Median PS Value
For the Medical Devices subindustry, Bio-Rad Laboratories's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Bio-Rad Laboratories's Price-to-Median-PS-Value Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Bio-Rad Laboratories's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Bio-Rad Laboratories's Price-to-Median-PS-Value falls into.
Bio-Rad Laboratories Median PS Value Calculation
Bio-Rad Laboratories's Median PS Value for today is calculated as
10-Year Median PS Ratio is 3.8137.
Bio-Rad Laboratories'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 $91.248.
* 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.
Bio-Rad Laboratories (NYSE:BIO) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Bio-Rad Laboratories's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
275.89
/
347.99
=
0.79
* 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.
Bio-Rad Laboratories Median PS Value Related Terms
Thank you for viewing the detailed overview of Bio-Rad Laboratories's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Bio-Rad Laboratories (Bio-Rad Laboratories) Business Description
Bio-Rad Laboratories, headquartered in Hercules, California, develops, manufactures, and markets products and solutions for the clinical diagnostics and life sciences markets. In diagnostics (53% of sales), Bio-Rad manufactures, sells, and supports test systems and specialized quality controls for clinical laboratories. In life sciences (47% of sales), the firm develops and manufactures a range of instruments and reagents used in research, biopharmaceutical production, and food testing. The company is geographically diverse, with major markets in the Americas, Europe and Africa , and Asia-Pacific. Bio-Rad owns 37% of Sartorius AG, a laboratory and biopharmaceutical supplier.
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