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. Staar Surgical Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.525. Staar Surgical Co's 10-Year median PS Ratio is 9.269. Therefore, the Median PS Value for today is $60.48.
As of today (2024-04-24), Staar Surgical Co's share price is $48.19. Staar Surgical Co's Median PS Value is $60.48. Therefore, Staar Surgical Co's Price to Median PS Value for today is 0.80.
The historical rank and industry rank for Staar Surgical Co's Median PS Value or its related term are showing as below:
STAA'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.52 Med: 1.62 Max: 3.93
Current: 0.8
During the past 13 years, the highest Price to Median PS Value of Staar Surgical Co was 3.93. The lowest was 0.52. And the median was 1.62.
STAA's Price-to-Median-PS-Value is ranked better than 50.64% of 312
companies
in the Medical Devices & Instruments industry
Industry Median: 0.77
vs STAA: 0.80
Staar Surgical Co Median PS Value Historical Data
The historical data trend for Staar Surgical Co'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.
For the Medical Instruments & Supplies subindustry, Staar Surgical Co'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.
Staar Surgical Co Price-to-Median-PS-Value Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Staar Surgical Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Staar Surgical Co's Price-to-Median-PS-Value falls into.
Staar Surgical Co Median PS Value Calculation
Staar Surgical Co's Median PS Value for today is calculated as
10-Year Median PS Ratio is 9.269.
Staar Surgical 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 $6.525.
* 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.
Staar Surgical Co (NAS:STAA) 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.
Staar Surgical Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
48.19
/
60.48
=
0.80
* 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.
Staar Surgical Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Staar Surgical Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Staar Surgical Co (Staar Surgical Co) Business Description
Staar Surgical Co is a manufacturer of lenses. It designs, develops, manufactures, and sells implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. The company also make lenses which are used in surgery that treats cataracts. The company offers products are ICLs used in refractive surgery and IOLs used in cataract surgery. The company generated sales are from the ophthalmic surgical product segment.
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