Cardeon AB (NGM:CARDEO) PS Ratio: 14.25 (As of Jul. 05, 2026) — 117% Above Median


What is Cardeon AB PS Ratio?

Cardeon AB NGM:CARDEO -1.72% PS Ratio is 14.25 as of Jul. 05, 2026, which is 117% above its 10-year median of 6.57. The stock has 4 warning signs investors should review. Among 1,407 Asset Management companies, Cardeon AB ranks worse than 72.35% on this metric.

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, Cardeon AB's share price is kr0.057. Cardeon AB's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was kr0.00. Hence, Cardeon AB's PS Ratio for today is 14.25.

The historical rank and industry rank for Cardeon AB's PS Ratio or its related term are showing as below:

NGM:CARDEO' s PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 6.57   Max: 98.5
Current: 14.25

During the past 9 years, Cardeon AB's highest PS Ratio was 98.50. The lowest was 1.18. And the median was 6.57.

NGM:CARDEO's PS Ratio is ranked worse than
72.35% of 1407 companies
in the Asset Management industry
Industry Median: 7.28 vs NGM:CARDEO: 14.25

Cardeon AB's Revenue per Sharefor the three months ended in Dec. 2025 was kr0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was kr0.00.

Warning Sign:

Cardeon AB revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Cardeon AB was -46.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -64.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -60.50% per year.

During the past 9 years, Cardeon AB's highest 3-Year average Revenue per Share Growth Rate was 136.70% per year. The lowest was -82.40% per year. And the median was -27.70% per year.

Back to Basics: PS Ratio


Cardeon AB  (NGM:CARDEO) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Cardeon AB PS Ratio Related Terms


Cardeon AB PS Ratio Historical Data

* Premium members only.

The historical data trend for Cardeon AB'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.

Cardeon AB PS Ratio Chart

Cardeon AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only 0.37 2.13 1.67 2.15 6.43

Cardeon AB Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.67 4.43 2.15 11.80 6.43

NGM:CARDEO vs BLK, BX, KKR: PS Ratio Comparison

For the Asset Management subindustry, Cardeon AB'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.


Cardeon AB PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Cardeon AB's PS Ratio distribution charts can be found below:

* The bar in red indicates where Cardeon AB's PS Ratio falls into.



Cardeon AB 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.

Cardeon AB's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.057/0.004
=14.25

Cardeon AB's Share Price of today is kr0.057.
Cardeon AB's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.00.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 14.25 mean?
Cardeon AB (NGM:CARDEO) has a PS Ratio of 14.25 as of Jul. 05, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Cardeon AB and its competitors. This is 117% above median its historical median of 6.57. Over the past decade, Cardeon AB's PS Ratio has ranged from 1.18 to 98.50. According to the industry distribution chart, Cardeon AB ranks #1018 out of 1407 companies in the Asset Management industry, placing it in the top 72.4%.
Is Cardeon AB's PS Ratio too high?
Cardeon AB's current PS Ratio of 14.25 is 117% above median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 98.50. The Asset Management industry median PS Ratio is 7.28. Cardeon AB's value of 14.25 is 95.7% above this industry median. Based on the distribution chart, Cardeon AB ranks #1018 out of 1407 companies in the Asset Management industry, which is below the industry midpoint.
How does Cardeon AB's PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Cardeon AB ranks #1018 out of 1407 companies for PS Ratio. This places Cardeon AB in the lower half of its industry. The industry median PS Ratio is 7.28. Cardeon AB's value of 14.25 is 95.7% above this benchmark. Historically, Cardeon AB's own PS Ratio has ranged from 1.18 to 98.50 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 7.28, Cardeon AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.28, based on 1,407 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cardeon AB's current PS Ratio of 14.25 is 95.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Cardeon AB and its competitors. For the Asset Management industry, the median PS Ratio is 7.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardeon AB's current PS Ratio is 14.25, which is 117% above median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardeon AB stock overvalued right now?
Based on GuruFocus' analysis, Cardeon AB (NGM:CARDEO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.01, compared to a current price of kr0.06 — trading 470% above its estimated fair value. The current PS Ratio is 14.25, which is 117% above median its 10-year median of 6.57 and 95.7% above the Asset Management industry median of 7.28. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Cardeon AB (NGM:CARDEO), the current PS Ratio is 14.25 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cardeon AB Business Description

Address Gasverksgatan 3, Lund, SWE, SE-222 29
Cardeon AB is an investment company. It primarily invests in Nordic innovative companies and startups within life science.