What is Laboratory of America Holdings Median PS Value?
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. Laboratory of America Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $147.108. Laboratory of America Holdings's 10-Year median PS Ratio is 1.3896. Therefore, the Median PS Value for today is $204.42.
As of today (2024-04-25), Laboratory of America Holdings's share price is $196.85. Laboratory of America Holdings's Median PS Value is $204.42. Therefore, Laboratory of America Holdings's Price to Median PS Value for today is 0.96.
The historical rank and industry rank for Laboratory of America Holdings's Median PS Value or its related term are showing as below:
LH'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.71 Med: 0.9 Max: 1.48
Current: 0.96
During the past 13 years, the highest Price to Median PS Value of Laboratory of America Holdings was 1.48. The lowest was 0.71. And the median was 0.90.
LH's Price-to-Median-PS-Value is ranked worse than 63.41% of 82
companies
in the Medical Diagnostics & Research industry
Industry Median: 0.84
vs LH: 0.96
Laboratory of America Holdings Median PS Value Historical Data
The historical data trend for Laboratory of America Holdings'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.
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Laboratory of America Holdings Median PS Value Chart
Competitive Comparison of Laboratory of America Holdings's Median PS Value
For the Diagnostics & Research subindustry, Laboratory of America Holdings'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.
Laboratory of America Holdings's Price-to-Median-PS-Value Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Laboratory of America Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Laboratory of America Holdings's Price-to-Median-PS-Value falls into.
Laboratory of America Holdings Median PS Value Calculation
Laboratory of America Holdings's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.3896.
Laboratory of America 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 $147.108.
* 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.
Laboratory of America Holdings (NYSE:LH) 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.
Laboratory of America Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
196.85
/
204.42
=
0.96
* 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.
Laboratory of America Holdings Median PS Value Related Terms
Thank you for viewing the detailed overview of Laboratory of America Holdings's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Laboratory of America Holdings (Laboratory of America Holdings) Business Description
Laboratory Corp. of America is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.
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