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PMD Device Solutions AB (OSTO:PMDS) PS Ratio : 6.76 (As of Jun. 14, 2024)


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What is PMD Device Solutions AB 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, PMD Device Solutions AB's share price is kr5.40. PMD Device Solutions AB's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was kr0.80. Hence, PMD Device Solutions AB's PS Ratio for today is 6.76.

The historical rank and industry rank for PMD Device Solutions AB's PS Ratio or its related term are showing as below:

OSTO:PMDS' s PS Ratio Range Over the Past 10 Years
Min: 6.99   Med: 133.97   Max: 8083.86
Current: 9.21

During the past 8 years, PMD Device Solutions AB's highest PS Ratio was 8083.86. The lowest was 6.99. And the median was 133.97.

OSTO:PMDS's PS Ratio is ranked worse than
81.37% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 3.22 vs OSTO:PMDS: 9.21

PMD Device Solutions AB's Revenue per Sharefor the three months ended in Mar. 2024 was kr0.53. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was kr0.80.

During the past 12 months, the average Revenue per Share Growth Rate of PMD Device Solutions AB was 0.40% per year.

During the past 8 years, PMD Device Solutions AB's highest 3-Year average Revenue per Share Growth Rate was -58.20% per year. The lowest was -79.20% per year. And the median was -77.20% per year.

Back to Basics: PS Ratio


PMD Device Solutions AB PS Ratio Historical Data

The historical data trend for PMD Device Solutions AB'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.

PMD Device Solutions AB PS Ratio Chart

PMD Device Solutions AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 20.09 6,796.62 179.75 492.40 -

PMD Device Solutions AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 222.71 17.66 12.17 - 12.02

Competitive Comparison of PMD Device Solutions AB's PS Ratio

For the Medical Devices subindustry, PMD Device Solutions AB'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.


PMD Device Solutions AB's PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PMD Device Solutions AB's PS Ratio distribution charts can be found below:

* The bar in red indicates where PMD Device Solutions AB's PS Ratio falls into.



PMD Device Solutions AB 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.

PMD Device Solutions AB's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=5.40/0.799
=6.76

PMD Device Solutions AB's Share Price of today is kr5.40.
PMD Device Solutions AB's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.80.

* 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.

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.


PMD Device Solutions AB  (OSTO:PMDS) 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.


PMD Device Solutions AB PS Ratio Related Terms

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PMD Device Solutions AB (OSTO:PMDS) Business Description

Traded in Other Exchanges
Address
Fogdevreten 2, Solna, SWE, SE-171 65
PMD Device Solutions AB develops and sells medical products for respiratory monitoring in both the hospital and homecare setting. Its primary product is RespiraSense, a solution used for monitoring respiratory rate to detect deterioration of a patient's general condition early and to avoid preventable respiratory failure and adverse patient outcomes. RespiraSense is, to the Company's knowledge, the world's only continuous, motion-tolerant respiratory rate monitor delivering class-leading reliability in measuring respiratory rate. RespiraSense is a novel technology that is commercialised in Europe, the UK, and FDA-cleared in the US.

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