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. Apyx Medical's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.512. Apyx Medical's 10-Year median PS Ratio is 4.6627. Therefore, the Median PS Value for today is $7.05.
As of today (2024-04-27), Apyx Medical's share price is $1.45. Apyx Medical's Median PS Value is $7.05. Therefore, Apyx Medical's Price to Median PS Value for today is 0.20.
The historical rank and industry rank for Apyx Medical's Median PS Value or its related term are showing as below:
APYX'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.2 Med: 1.89 Max: 5.31
Current: 0.2
During the past 13 years, the highest Price to Median PS Value of Apyx Medical was 5.31. The lowest was 0.20. And the median was 1.89.
APYX's Price-to-Median-PS-Value is ranked better than 93.29% of 313
companies
in the Medical Devices & Instruments industry
Industry Median: 0.78
vs APYX: 0.20
Apyx Medical Median PS Value Historical Data
The historical data trend for Apyx Medical'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.
Competitive Comparison of Apyx Medical's Median PS Value
For the Medical Devices subindustry, Apyx Medical'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.
Apyx Medical's Price-to-Median-PS-Value Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Apyx Medical's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Apyx Medical's Price-to-Median-PS-Value falls into.
Apyx Medical Median PS Value Calculation
Apyx Medical's Median PS Value for today is calculated as
10-Year Median PS Ratio is 4.6627.
Apyx Medical'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 $1.512.
* 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.
Apyx Medical (NAS:APYX) 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.
Apyx Medical's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
1.45
/
7.05
=
0.21
* 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.
Apyx Medical Median PS Value Related Terms
Thank you for viewing the detailed overview of Apyx Medical's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Apyx Medical Corp is an energy technology medical device company. It specializes in developing, manufacturing, and marketing a range of cosmetic and surgical products and technologies, as well as related medical products used in doctor's offices, surgery centers, and hospitals. Its product offerings comprise Renuvion cosmetic technology, which offers plastic surgeons, facial plastic surgeons, and cosmetic physicians the ability to provide controlled heat to the tissue to achieve desired results. The J-Plasma system allows surgeons to operate with a high level of precision and virtually eliminates unintended tissue trauma. It operates in two segments namely: Advanced Energy and Original Equipment Manufacturing (OEM). Its Advanced Energy segment derives the majority of its revenue.
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