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Medeon Biodesign (ROCO:6499) PS Ratio : 31.74 (As of Jun. 21, 2024)


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What is Medeon Biodesign 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, Medeon Biodesign's share price is NT$49.90. Medeon Biodesign's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was NT$1.57. Hence, Medeon Biodesign's PS Ratio for today is 31.74.

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

ROCO:6499' s PS Ratio Range Over the Past 10 Years
Min: 5.21   Med: 21.26   Max: 249.74
Current: 31.73

During the past 12 years, Medeon Biodesign's highest PS Ratio was 249.74. The lowest was 5.21. And the median was 21.26.

ROCO:6499's PS Ratio is ranked worse than
94.15% of 804 companies
in the Medical Devices & Instruments industry
Industry Median: 3.09 vs ROCO:6499: 31.73

Medeon Biodesign's Revenue per Sharefor the three months ended in Mar. 2024 was NT$0.51. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was NT$1.57.

Warning Sign:

Medeon Biodesign Inc 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 Medeon Biodesign was -35.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -13.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was -16.70% per year.

During the past 12 years, Medeon Biodesign's highest 3-Year average Revenue per Share Growth Rate was 130.00% per year. The lowest was -55.40% per year. And the median was -13.50% per year.

Back to Basics: PS Ratio


Medeon Biodesign PS Ratio Historical Data

The historical data trend for Medeon Biodesign'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.

Medeon Biodesign PS Ratio Chart

Medeon Biodesign Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.93 9.20 29.60 95.79 17.07

Medeon Biodesign Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 17.07 36.15 30.43 27.58 27.51

Competitive Comparison of Medeon Biodesign's PS Ratio

For the Medical Instruments & Supplies subindustry, Medeon Biodesign'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.


Medeon Biodesign's PS Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Medeon Biodesign's PS Ratio falls into.



Medeon Biodesign 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.

Medeon Biodesign's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=49.90/1.572
=31.74

Medeon Biodesign's Share Price of today is NT$49.90.
Medeon Biodesign'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 NT$1.57.

* 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.


Medeon Biodesign  (ROCO:6499) 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.


Medeon Biodesign PS Ratio Related Terms

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Medeon Biodesign (ROCO:6499) Business Description

Traded in Other Exchanges
N/A
Address
No. 116, HouGang Street, 7th Floor, Shilin District, Taipei, TWN, 11170
Medeon Biodesign Inc develops medical device products. The main services of the Group are the research and development of medical devices, manufacturing, and sale of injection molding and components of medical devices. The company provides products in the fields of cardiovascular and laparoscopic. Its business includes Medical Device Development Department and Medical Device Components Manufacturing and Sales Department. The majority of the company revenue comes from Medical Device Components Manufacturing and Sales Department segment. The company revenue is mainly derived from the USA.

Medeon Biodesign (ROCO:6499) Headlines

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