This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Retractable Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.453. Retractable Technologies's 10-Year median PS Ratio is 1.2044. Therefore, the Median PS Value for today is $1.75.
As of today (2024-04-23), Retractable Technologies's share price is $1.07. Retractable Technologies's Median PS Value is $1.75. Therefore, Retractable Technologies's Price to Median PS Value for today is 0.61.
The historical rank and industry rank for Retractable Technologies's Median PS Value or its related term are showing as below:
RVP'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.39 Med: 0.79 Max: 3.89
Current: 0.61
During the past 13 years, the highest Price to Median PS Value of Retractable Technologies was 3.89. The lowest was 0.39. And the median was 0.79.
RVP's Price-to-Median-PS-Value is ranked better than 66.35% of 312
companies
in the Medical Devices & Instruments industry
Industry Median: 0.77
vs RVP: 0.61
Retractable Technologies Median PS Value Historical Data
The historical data trend for Retractable Technologies's Median PS Value 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 Medical Instruments & Supplies subindustry, Retractable Technologies's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Retractable Technologies's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Retractable Technologies's Price-to-Median-PS-Value falls into.
Retractable Technologies Median PS Value Calculation
Retractable Technologies's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.2044.
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 $1.453.
* 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.
Retractable Technologies (AMEX:RVP) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Retractable Technologies's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
1.07
/
1.75
=
0.61
* 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.
Retractable Technologies Median PS Value Related Terms
Thank you for viewing the detailed overview of Retractable Technologies's Median PS Value 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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