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, PW Medtech Group's share price is HK$0.97.
PW Medtech Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.47. Hence, PW Medtech Group's PS Ratio for today is 2.06.
Warning Sign:
PW Medtech Group Ltd stock PS Ratio (=2.06) is close to 1-year high of 2.25
The historical rank and industry rank for PW Medtech Group's PS Ratio or its related term are showing as below:
HKSE:01358'
s PS Ratio Range Over the Past 10 Years
Min: 1.33 Med: 5.64 Max: 15.28
Current: 2.06
During the past 12 years, PW Medtech Group's highest PS Ratio was 15.28. The lowest was 1.33. And the median was 5.64.
HKSE:01358's PS Ratio is ranked better than 64.73% of 808
companies
in the Medical Devices & Instruments industry
Industry Median: 3.27
vs HKSE:01358: 2.06
During the past 12 months, the average Revenue per Share Growth Rate of PW Medtech Group was 23.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 36.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 15.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -2.00% per year.
During the past 12 years, PW Medtech Group's highest 3-Year average Revenue per Share Growth Rate was 36.20% per year. The lowest was -21.70% per year. And the median was -2.00% per year.
Back to Basics: PS Ratio
PW Medtech Group PS Ratio Historical Data
The historical data trend for PW Medtech Group'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 PW Medtech Group's PS Ratio
For the Medical Instruments & Supplies subindustry, PW Medtech Group'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.
PW Medtech Group's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, PW Medtech Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where PW Medtech Group's PS Ratio falls into.
PW Medtech Group 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.
PW Medtech Group's Share Price of today is HK$0.97.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. PW Medtech Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.47.
* 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:
PW Medtech Group (HKSE:01358) 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.
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.
PW Medtech Group PS Ratio Related Terms
Thank you for viewing the detailed overview of PW Medtech Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
PW Medtech Group (HKSE:01358) Business Description
PW Medtech Group Ltd is a medical device company with a focus on fast-growing and high-margin segments of China's medical device industry. The company is engaged in the research and development, manufacturing, and sale of the advanced infusion set, intravenous cannula products, and insulin needles. Its products include non-PVC-based infusion sets, precision filter infusion sets, light-resistant infusion sets, intravenous cannula products, and insulin needles and pens. The company operates through three business segments: Infusion Set Business; Blood Purification Business; and Regenerative Medical Biomaterials Business.
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