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, AVITA Medical's share price is $8.17.
AVITA Medical's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $1.99. Hence, AVITA Medical's PS Ratio for today is 4.10.
Good Sign:
AVITA Medical Inc stock PS Ratio (=4.15) is close to 1-year low of 4.14
The historical rank and industry rank for AVITA Medical's PS Ratio or its related term are showing as below:
RCEL'
s PS Ratio Range Over the Past 10 Years
Min: 3.54 Med: 10.77 Max: 278.74
Current: 4.1
During the past 13 years, AVITA Medical's highest PS Ratio was 278.74. The lowest was 3.54. And the median was 10.77.
RCEL's PS Ratio is ranked worse than 57.43% of 808
companies
in the Medical Devices & Instruments industry
Industry Median: 3.29
vs RCEL: 4.10
AVITA Medical Inc revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of AVITA Medical was 33.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 41.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 75.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 14.70% per year.
During the past 13 years, AVITA Medical's highest 3-Year average Revenue per Share Growth Rate was 134.50% per year. The lowest was -46.10% per year. And the median was 3.25% per year.
Back to Basics: PS Ratio
AVITA Medical PS Ratio Historical Data
The historical data trend for AVITA Medical'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 AVITA Medical's PS Ratio
For the Medical Devices subindustry, AVITA Medical'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.
AVITA Medical's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, AVITA Medical's PS Ratio distribution charts can be found below:
* The bar in red indicates where AVITA Medical's PS Ratio falls into.
AVITA Medical 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.
AVITA Medical's Share Price of today is $8.17. AVITA Medical'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 $1.99.
* 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:
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.
AVITA Medical PS Ratio Related Terms
Thank you for viewing the detailed overview of AVITA Medical's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
AVITA Medical (AVITA Medical) Business Description
Avita is a single product company. Its RECELL system is an innovative burn treatment device which creates Spray-on Skin from a small skin sample within 30 minutes, thus avoiding or reducing the need for skin grafts. It's approved for the treatment of adult patients in the U.S. with paediatric clinical trials and expanded indications in soft-tissue reconstruction and vitiligo underway. It is currently in roll-out across the approximately 136 U.S. burn centers. Despite having product approval in Australia, Europe, Canada, and China, Avita is not actively marketing in those territories and focussing instead on the U.S. region. However, it is expected to launch in Japan via distribution partner Cosmotec in second-half fiscal 2022. Avita is domiciled, and has its primary listing, in the U.S.
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