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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, Varian Medical Systems's share price is $177.07. Varian Medical Systems's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2020 was $34.02. Hence, Varian Medical Systems's PS Ratio for today is 5.21.
Warning Sign:
Varian Medical Systems Inc stock PS Ratio (=5.21) is close to 5-year high of 5.21
The historical rank and industry rank for Varian Medical Systems's PS Ratio or its related term are showing as below:
During the past 13 years, Varian Medical Systems's highest PS Ratio was 5.21. The lowest was 2.66. And the median was 3.94.
Varian Medical Systems's Revenue per Sharefor the three months ended in Dec. 2020 was $8.45. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2020 was $34.02.
Warning Sign:
Varian Medical Systems Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Varian Medical Systems was -5.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.30% per year.
During the past 13 years, Varian Medical Systems's highest 3-Year average Revenue per Share Growth Rate was 17.40% per year. The lowest was -27.10% per year. And the median was 9.80% per year.
The historical data trend for Varian Medical Systems'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.
Varian Medical Systems Annual Data | |||||||||||||||||||||
Trend | Sep11 | Sep12 | Sep13 | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | |||||||||||
PS Ratio | Get a 7-Day Free Trial | 3.26 | 3.55 | 3.56 | 3.33 | 4.97 |
Varian Medical Systems Quarterly Data | ||||||||||||||||||||
Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | |
PS Ratio | Get a 7-Day Free Trial | 3.94 | 3.04 | 3.45 | 4.97 | 5.13 |
For the Medical Instruments & Supplies subindustry, Varian Medical Systems'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.
For the Medical Devices & Instruments industry and Healthcare sector, Varian Medical Systems's PS Ratio distribution charts can be found below:
* The bar in red indicates where Varian Medical Systems's PS Ratio falls into.
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.
Varian Medical Systems's PS Ratio for today is calculated as
PS Ratio | = | Share Price | / | Revenue per Share (TTM) |
= | 177.07 | / | 34.018 | |
= | 5.21 |
Varian Medical Systems's Share Price of today is $177.07.
Varian Medical Systems's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $34.02.
* 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:
PS Ratio | = | Market Cap | / | Revenue |
The Revenue here is for the trailing 12 months.
Varian Medical Systems (NYSE:VAR) 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.
Thank you for viewing the detailed overview of Varian Medical Systems's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jesse Michael Bruff | officer: SVP Finance, CFO | 3100 HANSEN WAY, PALO ALTO CA 94304 |
Magnus Momsen | officer: SVP, CAO, Corporate Controller | VARIAN MEDICAL SYSTEMS INC. 3100 HANSEN WAY MAIL STOP E327 PALO ALTO CA 94304 |
Dow R Wilson | director, officer: President and CEO | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
Kolleen T Kennedy | officer: Pres. Proton Solutions, CGO | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
Christopher A. Toth | officer: SVP and Pres. Oncology Systems | 1252 COOLIDGE AVE., SAN JOSE CA 95125 |
Michael Damon Hutchinson | officer: SVP,Chief Legal Officer, Secy | 2825 AIRVIEW BLVD, KALAMAZOO MI 49002 |
Jean Luc Butel | director | ONE BAXTER PARKWAY, DEERFIELD IL 60015 |
John W Kuo | officer: SVP, Gen Counsel and Secretary | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
Judy Bruner | director | C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035 |
Beau Michelle Le | director | 800 N. MICHIGAN AVENUE #3703 CHICAGO IL 60611 |
Anat Ashkenazi | director | LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285 |
Jeffrey R. Balser | director | 3657 RICHLAND AVE., NASHVILLE TN 37205 |
Regina E Dugan | director | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
David J Illingworth | director | 3100 HANSEN WAY PALO ALTO CA 94304 |
R Andrew Eckert | director | THREE RAVINIA DRIVE, ATLANTA GA 30346 |
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