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, Syngene International's share price is ₹669.25.
Syngene International's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹86.78. Hence, Syngene International's PS Ratio for today is 7.71.
Good Sign:
Syngene International Ltd stock PS Ratio (=7.68) is close to 3-year low of 7.5
The historical rank and industry rank for Syngene International's PS Ratio or its related term are showing as below:
NSE:SYNGENE'
s PS Ratio Range Over the Past 10 Years
Min: 4.85 Med: 8.25 Max: 12.61
Current: 7.68
During the past 13 years, Syngene International's highest PS Ratio was 12.61. The lowest was 4.85. And the median was 8.25.
NSE:SYNGENE's PS Ratio is ranked better than 56.06% of 999
companies
in the Biotechnology industry
Industry Median: 9.04
vs NSE:SYNGENE: 7.68
Syngene International Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Syngene International was 9.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 18.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 16.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 16.80% per year.
During the past 13 years, Syngene International's highest 3-Year average Revenue per Share Growth Rate was 25.30% per year. The lowest was 12.90% per year. And the median was 18.50% per year.
* 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 Syngene International's PS Ratio
For the Biotechnology subindustry, Syngene International'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.
Syngene International's PS Ratio Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Syngene International's PS Ratio distribution charts can be found below:
* The bar in red indicates where Syngene International's PS Ratio falls into.
Syngene International 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.
Syngene International's Share Price of today is ₹669.25. Syngene International's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹86.78.
* 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:
Syngene International (NSE:SYNGENE) 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.
Syngene International PS Ratio Related Terms
Thank you for viewing the detailed overview of Syngene International's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Syngene International (NSE:SYNGENE) Business Description
Syngene International Ltd is a contract research and manufacturing organization in India. It supports research and development programs, from lead generation to clinical and commercial supplies. The company operates in India, the United States of America and other countries, of which a majority of the revenue is derived from the US. The company receives revenue by providing contract research and manufacturing services. It offers services such as Oligonucleotide synthesis, Bioinformatics, Clinical development services, polymer research, chemical development, safety assessment, discovery chemistry, discovery biology, and others.
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