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, Sphere Medical Holding's share price is £0.00.
Sphere Medical Holding's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2016 was £0.00. Hence, Sphere Medical Holding's PS Ratio for today is .
The historical rank and industry rank for Sphere Medical Holding's PS Ratio or its related term are showing as below:
During the past 9 years, Sphere Medical Holding's highest PS Ratio was 690.00. The lowest was 0.00. And the median was 240.00.
LSE:SPHR's PS Ratio is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 3.24 * Ranked among companies with meaningful PS Ratio only.
* 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 Sphere Medical Holding's PS Ratio
For the Medical Devices subindustry, Sphere Medical Holding'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.
Sphere Medical Holding's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sphere Medical Holding's PS Ratio distribution charts can be found below:
* The bar in red indicates where Sphere Medical Holding's PS Ratio falls into.
Sphere Medical Holding 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.
Sphere Medical Holding's Share Price of today is £0.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Sphere Medical Holding's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2016 was £0.00.
* 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:
Sphere Medical Holding (LSE:SPHR) 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.
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.
Sphere Medical Holding PS Ratio Related Terms
Thank you for viewing the detailed overview of Sphere Medical Holding's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Sphere Medical Holding (LSE:SPHR) Business Description
Sphere Medical Holding Ltd is a UK-based company which is engaged in research and development, manufacturing and sale of medical monitoring and diagnostic equipment within the medical device area. It focuses on developing the Proxima platform for measuring blood gases, electrolytes and metabolites. Proxima is an in-line patient dedicated arterial blood analyser which supports frequent measurements at critical times. It markets its product (Proxima) to critical care market which includes ICU (Intensive Care Unit) and OR (Operating Room). The company's products are used in medical applications, enabling faster clinical decision-making and improved patient outcomes. It operates is business in single reporting segment of Medical devices. Most of the company's revenue comes from Europe.
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