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BICO Group AB (OSTO:BICO) PS Ratio : 1.09 (As of Dec. 11, 2024)


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What is BICO Group AB PS Ratio?

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, BICO Group AB's share price is kr32.56. BICO Group AB's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was kr29.78. Hence, BICO Group AB's PS Ratio for today is 1.09.

Good Sign:

BICO Group AB stock PS Ratio (=1.08) is close to 1-year low of 1.08

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

OSTO:BICO' s PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 24.39   Max: 124.66
Current: 1.09

During the past 8 years, BICO Group AB's highest PS Ratio was 124.66. The lowest was 0.88. And the median was 24.39.

OSTO:BICO's PS Ratio is ranked better than
80.87% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 3.32 vs OSTO:BICO: 1.09

BICO Group AB's Revenue per Sharefor the three months ended in Sep. 2024 was kr6.78. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was kr29.78.

Warning Sign:

BICO Group AB revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of BICO Group AB was -1.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 94.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 97.80% per year.

During the past 8 years, BICO Group AB's highest 3-Year average Revenue per Share Growth Rate was 140.70% per year. The lowest was 94.50% per year. And the median was 111.95% per year.

Back to Basics: PS Ratio


BICO Group AB PS Ratio Historical Data

The historical data trend for BICO Group 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.

* Premium members only.

BICO Group AB PS Ratio Chart

BICO Group AB Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 22.06 39.43 13.56 3.34 1.85

BICO Group AB Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only 0.99 1.85 1.52 1.43 1.49

Competitive Comparison of BICO Group AB's PS Ratio

For the Medical Devices subindustry, BICO Group 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.


BICO Group AB's PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, BICO Group AB's PS Ratio distribution charts can be found below:

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



BICO Group 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.

BICO Group AB's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=32.56/29.781
=1.09

BICO Group AB's Share Price of today is kr32.56.
BICO Group AB's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr29.78.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


BICO Group AB  (OSTO:BICO) 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.


BICO Group AB PS Ratio Related Terms

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BICO Group AB Business Description

Traded in Other Exchanges
Address
Langfilsgatan 9, Gothenburg, SWE, 41277
BICO Group AB is a bio-convergence company. It is divided into three business areas: Bioprinting (CELLINK, MatTek, Visikol, and Nanoscribe), Biosciences (CYTENA, CYTENA Bioprocess Solutions, Dispendix, and Discover Echo), and Bioautomation (SCIENION, CELLENION, and Ginolis).

BICO Group AB Headlines

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