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, IGC Pharma's share price is $0.43.
IGC Pharma's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.02. Hence, IGC Pharma's PS Ratio for today is 20.48.
The historical rank and industry rank for IGC Pharma's PS Ratio or its related term are showing as below:
IGC'
s PS Ratio Range Over the Past 10 Years
Min: 0.3 Med: 8.05 Max: 188
Current: 20.47
During the past 13 years, IGC Pharma's highest PS Ratio was 188.00. The lowest was 0.30. And the median was 8.05.
IGC's PS Ratio is ranked worse than 67.31% of 991
companies
in the Biotechnology industry
Industry Median: 8.98
vs IGC: 20.47
IGC Pharma Inc revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of IGC Pharma was 31.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -45.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -40.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -34.00% per year.
During the past 13 years, IGC Pharma's highest 3-Year average Revenue per Share Growth Rate was 275.60% per year. The lowest was -65.50% per year. And the median was -40.25% per year.
Back to Basics: PS Ratio
IGC Pharma PS Ratio Historical Data
The historical data trend for IGC Pharma'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.
For the Biotechnology subindustry, IGC Pharma'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.
IGC Pharma's PS Ratio Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, IGC Pharma's PS Ratio distribution charts can be found below:
* The bar in red indicates where IGC Pharma's PS Ratio falls into.
IGC Pharma 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.
IGC Pharma's Share Price of today is $0.43. IGC Pharma'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 $0.02.
* 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.
IGC Pharma PS Ratio Related Terms
Thank you for viewing the detailed overview of IGC Pharma's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
IGC Pharma Inc develops advanced cannabinoid-based formulations for treating diseases and conditions, including, but not limited to, Alzheimer's disease, period cramps, premenstrual syndrome and chronic pain. The company has two investigational drug assets targeting Alzheimer's disease, IGC-AD1 and TGR-63, which have demonstrated in Alzheimer's cell lines the potential to be effective in suppressing or ameliorating key hallmarks of Alzheimer's disease, such as plaques or tangles. IGC-AD1 is a low-dose tetrahydrocannabinol-based formulation that is in a 146-person Phase 2 clinical trial for agitation in dementia due to Alzheimer's. IGC also markets a wellness brand, Holief, that targets women experiencing premenstrual syndrome and menstrual cramps.
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