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, Retractable Technologies's share price is $1.0608.
Retractable Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.45. Hence, Retractable Technologies's PS Ratio for today is 0.73.
The historical rank and industry rank for Retractable Technologies's PS Ratio or its related term are showing as below:
RVP'
s PS Ratio Range Over the Past 10 Years
Min: 0.39 Med: 1.23 Max: 8.34
Current: 0.73
During the past 13 years, Retractable Technologies's highest PS Ratio was 8.34. The lowest was 0.39. And the median was 1.23.
RVP's PS Ratio is ranked better than 87.61% of 807
companies
in the Medical Devices & Instruments industry
Industry Median: 3.19
vs RVP: 0.73
Retractable Technologies Inc revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Retractable Technologies was -49.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -16.00% 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 11.10% per year.
During the past 13 years, Retractable Technologies's highest 3-Year average Revenue per Share Growth Rate was 75.40% per year. The lowest was -16.00% per year. And the median was 1.30% per year.
* 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 Retractable Technologies's PS Ratio
For the Medical Instruments & Supplies subindustry, Retractable Technologies'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.
Retractable Technologies's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Retractable Technologies's PS Ratio distribution charts can be found below:
* The bar in red indicates where Retractable Technologies's PS Ratio falls into.
Retractable Technologies 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.
Retractable Technologies's Share Price of today is $1.0608. Retractable Technologies'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 $1.45.
* 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:
Retractable Technologies (AMEX:RVP) 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.
Retractable Technologies PS Ratio Related Terms
Thank you for viewing the detailed overview of Retractable Technologies's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Retractable Technologies (Retractable Technologies) Business Description
Retractable Technologies Inc designs, develops, manufactures, and markets safety syringes and other safety medical products for the healthcare profession. The company's products are the VanishPoint 0.5mL insulin syringe; 1mL tuberculin, insulin, and allergy antigen syringes; 0.5mL, 1mL, 2mL, 3mL, 5mL, and 10mL syringes; the small diameter tube adapter; the blood collection tube holder; the allergy tray; the IV safety catheter; the Patient Safe syringes; the Patient Safe Luer Cap; the VanishPoint Blood Collection Set; and the EasyPoint needle, as well as a standard 3mL syringe packaged with an EasyPoint needle. The company also sells VanishPoint autodisable syringes in the international market in addition to its other products.
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