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, Evolent Health's share price is $8.55.
Evolent Health's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was $22.28. Hence, Evolent Health's PS Ratio for today is 0.38.
Good Sign:
Evolent Health Inc stock PS Ratio (=0.39) is close to 10-year low of 0.39
The historical rank and industry rank for Evolent Health's PS Ratio or its related term are showing as below:
EVH'
s PS Ratio Range Over the Past 10 Years
Min: 0.39 Med: 2.16 Max: 77.57
Current: 0.39
During the past 12 years, Evolent Health's highest PS Ratio was 77.57. The lowest was 0.39. And the median was 2.16.
EVH's PS Ratio is ranked better than 82.73% of 660
companies
in the Healthcare Providers & Services industry
Industry Median: 1.46
vs EVH: 0.39
During the past 12 months, the average Revenue per Share Growth Rate of Evolent Health was 26.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 28.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 21.00% per year.
During the past 12 years, Evolent Health's highest 3-Year average Revenue per Share Growth Rate was 103.30% per year. The lowest was 9.20% per year. And the median was 18.75% per year.
Back to Basics: PS Ratio
Evolent Health PS Ratio Historical Data
The historical data trend for Evolent Health'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.
Competitive Comparison of Evolent Health's PS Ratio
For the Health Information Services subindustry, Evolent Health'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.
Evolent Health's PS Ratio Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Evolent Health's PS Ratio distribution charts can be found below:
* The bar in red indicates where Evolent Health's PS Ratio falls into.
Evolent Health 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.
Evolent Health's Share Price of today is $8.55. Evolent Health's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.28.
* 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:
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.
Evolent Health PS Ratio Related Terms
Thank you for viewing the detailed overview of Evolent Health's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Evolent Health Inc is engaged in healthcare delivery and payment. The company supports health systems and physician organizations in their migration toward value-based care and population health management. It provides specialty care management services in oncology, cardiology, musculoskeletal markets and holistic total cost of care management along with an integrated platform for health plan administration and value-based business infrastructure under one go to market package. The primary solutions provided by the company include specialty care management services, total cost of care management, and administrative services.
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