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Air Methods (Air Methods) PS Ratio : 1.40 (As of May. 05, 2024)


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What is Air Methods PS Ratio?

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, Air Methods's share price is $42.95. Air Methods's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2016 was $30.72. Hence, Air Methods's PS Ratio for today is 1.40.

The historical rank and industry rank for Air Methods's PS Ratio or its related term are showing as below:

AIRM's PS Ratio is not ranked *
in the Transportation industry.
Industry Median: 0.98
* Ranked among companies with meaningful PS Ratio only.

Air Methods's Revenue per Sharefor the three months ended in Dec. 2016 was $7.87. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2016 was $30.72.

Back to Basics: PS Ratio


Air Methods PS Ratio Historical Data

The historical data trend for Air Methods'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.

* Premium members only.

Air Methods PS Ratio Chart

Air Methods Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 2.58 1.72 1.52 1.04

Air Methods Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.52 1.27 1.22 1.06 1.04

Competitive Comparison of Air Methods's PS Ratio

For the Airports & Air Services subindustry, Air Methods'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.


Air Methods's PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Methods's PS Ratio distribution charts can be found below:

* The bar in red indicates where Air Methods's PS Ratio falls into.



Air Methods 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.

Air Methods's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=42.95/30.72
=1.40

Air Methods's Share Price of today is $42.95.
Air Methods's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $30.72.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Air Methods  (NAS:AIRM) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Air Methods PS Ratio Related Terms

Thank you for viewing the detailed overview of Air Methods's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Air Methods (Air Methods) Business Description

Traded in Other Exchanges
N/A
Address
Air Methods Corp is a Delaware corporation, was established in Colorado in 1982. The Company provides air medical emergency transport services and systems throughout the United States of America. It designs, manufactures, and installs medical aircraft interiors and other aerospace and medical transport products. The Company also provides tourism operations in and around the Grand Canyon and Hawaiian Islands. The Company's operating segments include Air Medical Services, Tourism Division and United Rotorcraft. Air Medical Services provides air medical transportation services to the general population as an independent service and to hospitals or other institutions under exclusive operating agreements. The division operates 380 helicopters and 26 fixed wing aircraft under both Instrument Flight Rules and Visual Flight Rules. Tourism Division provides helicopter tours and charter flights, mainly focusing on Grand Canyon and Hawaiian Island tours. The division operates 48 helicopters under two Part 135 Air Carrier Certificates. United Rotorcraft Division designs, manufactures, and installs aircraft medical interiors and other aerospace and medical transport products for domestic and international customers. The Company maintains patents covering several products, including the Litter Lift System used in the U.S. Army's HH-60M helicopter and Medical Evacuation Vehicle, and the Articulating Patient Loading System and Modular Equipment Frame developed as part of the modular interior concept. The Company competes with several national and regional air medical transportation providers for contracts with hospitals and other healthcare institutions. It also competes with larger aerial tourism operators in the Grand Canyon market and a number of smaller operators in both the Grand Canyon and Hawaiian Island markets. The Company is subject to the Federal Aviation Act of 1958. All of its flight and maintenance operations-including equipment, ground facilities, dispatch, communications, flight training personnel and other matters affecting air safety are regulated and actively supervised by the U.S. Department of Transportation through the FAA. It is also subject to laws, regulations, and standards relating to corporate governance and public disclosure, including the Sarbanes-Oxley Act of 2002, Dodd-Frank Wall Street Reform and Consumer Protection Act, Securities and Exchange Commission (SEC) regulations, NASDAQ Stock Market rules, and other federal and state securities laws.
Executives
Mark D Carleton director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Joseph E Whitters director
Claire M Gulmi director
Peter P. Csapo officer: Chief Financial Officer ACCRETIVE HEALTH, INC. 401 NORTH MICHIGAN AVENUE, SUITE 2700 CHICAGO IL 60611
Crystal L Gordon officer: General Counsel and Secretary 945 BUNKER HILL, SUITE 650, HOUSTON TX 77024
David Roehr director ONE CABELA DRIVE, SIDNEY NE 69160

Air Methods (Air Methods) Headlines

From GuruFocus

Air Methods Corp. (AIRM) CFO Trent Carman sells 25,000 Shares

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Air Methods Corp. (AIRM) Director, CEO Aaron D Todd sells 15,500 Shares

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Air Methods Corp. (AIRM) CFO Trent Carman sells 5,000 Shares

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Air Methods Corp. (AIRM) CEO Aaron D Todd sells 1,650 Shares

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Air Methods Corp. (AIRM) COO Paul H Tate sells 2,000 Shares

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Air Methods Corp. (AIRM) COO Paul H Tate sells 2,500 Shares

By GuruFocus Research GuruFocus Editor 06-01-2010

Air Methods Corp. (AIRM) CEO Aaron D Todd sells 1,650 Shares

By GuruFocus Research GuruFocus Editor 12-17-2009