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. Parnax Lab's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹157.294. Parnax Lab's 10-Year median PS Ratio is 0.3654. Therefore, the Median PS Value for today is ₹57.48.
As of today (2024-05-26), Parnax Lab's share price is ₹111.40. Parnax Lab's Median PS Value is ₹57.48. Therefore, Parnax Lab's Price to Median PS Value for today is 1.93.
The historical rank and industry rank for Parnax Lab's Median PS Value or its related term are showing as below:
BOM:506128'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.94 Med: 1.15 Max: 1.93
Current: 1.93
During the past 13 years, the highest Price to Median PS Value of Parnax Lab was 1.93. The lowest was 0.94. And the median was 1.15.
BOM:506128's Price-to-Median-PS-Value is ranked worse than 90.55% of 508
companies
in the Drug Manufacturers industry
Industry Median: 0.83
vs BOM:506128: 1.93
Parnax Lab Median PS Value Historical Data
The historical data trend for Parnax Lab'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 Parnax Lab's Median PS Value
For the Drug Manufacturers - Specialty & Generic subindustry, Parnax Lab'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.
Parnax Lab's Price-to-Median-PS-Value Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Parnax Lab's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Parnax Lab's Price-to-Median-PS-Value falls into.
Parnax Lab Median PS Value Calculation
Parnax Lab's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.3654.
Parnax Lab'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 ₹157.294.
* 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.
Parnax Lab (BOM:506128) 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.
Parnax Lab's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
111.40
/
57.48
=
1.94
* 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.
Parnax Lab Median PS Value Related Terms
Thank you for viewing the detailed overview of Parnax Lab's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
104 - 107, Building No. 8, Gala No. 114, Jogani Industrial Complex, Panchsheel Nagar, Next to Modi Hyundai Service Centre, Chunabhatti, Sion, Mumbai, MH, IND, 400 022
Parnax Lab Ltd is principally engaged in the manufacturing and export of Pharmaceutical Formulations. Its product categories include Pharmaceuticals; Cosmetics; Herbal and Nutraceuticals. The company is developing and delivering Oral Formulations such as Cough Expectorants, Antacids, Anti-Histamines, Multi-Vitamins, Enzyme Preparations, Pediatric Formulations, Special Formulations for Geriatrics, Highly Viscous Products, Suspensions, and others.
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