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Autobio Diagnostics Co (SHSE:603658) PS Ratio : 6.16 (As of Jun. 19, 2024)


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What is Autobio Diagnostics Co 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, Autobio Diagnostics Co's share price is ¥47.73. Autobio Diagnostics Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥7.75. Hence, Autobio Diagnostics Co's PS Ratio for today is 6.16.

The historical rank and industry rank for Autobio Diagnostics Co's PS Ratio or its related term are showing as below:

SHSE:603658' s PS Ratio Range Over the Past 10 Years
Min: 5.55   Med: 14.18   Max: 28.63
Current: 6.16

During the past 13 years, Autobio Diagnostics Co's highest PS Ratio was 28.63. The lowest was 5.55. And the median was 14.18.

SHSE:603658's PS Ratio is ranked worse than
71.52% of 804 companies
in the Medical Devices & Instruments industry
Industry Median: 3.17 vs SHSE:603658: 6.16

Autobio Diagnostics Co's Revenue per Sharefor the three months ended in Mar. 2024 was ¥1.88. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥7.75.

Warning Sign:

Autobio Diagnostics Co Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Autobio Diagnostics Co was 1.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 12.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 16.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 26.40% per year.

During the past 13 years, Autobio Diagnostics Co's highest 3-Year average Revenue per Share Growth Rate was 36.70% per year. The lowest was 12.80% per year. And the median was 30.70% per year.

Back to Basics: PS Ratio


Autobio Diagnostics Co PS Ratio Historical Data

The historical data trend for Autobio Diagnostics Co'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.

Autobio Diagnostics Co PS Ratio Chart

Autobio Diagnostics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.13 20.93 8.57 8.13 7.44

Autobio Diagnostics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 7.97 6.71 6.05 7.44 7.35

Competitive Comparison of Autobio Diagnostics Co's PS Ratio

For the Medical Devices subindustry, Autobio Diagnostics Co'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.


Autobio Diagnostics Co's PS Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Autobio Diagnostics Co's PS Ratio falls into.



Autobio Diagnostics Co 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.

Autobio Diagnostics Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=47.73/7.748
=6.16

Autobio Diagnostics Co's Share Price of today is ¥47.73.
Autobio Diagnostics Co'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 ¥7.75.

* 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.


Autobio Diagnostics Co  (SHSE:603658) 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.


Autobio Diagnostics Co PS Ratio Related Terms

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Autobio Diagnostics Co (SHSE:603658) Business Description

Traded in Other Exchanges
N/A
Address
No.199, 15th Avenue, National Economic and Technological Development Area, Zhengzhou, CHN, 450016
Autobio Diagnostics Co Ltd is a clinical diagnostics company in China. It specializes in research and development, production, marketing and service of clinical diagnostic products, including immunoassay, microbiology and biochemical products. It focuses on the common development of both reagents and instruments. Reagents products include immunoassay, biochemistry, microbiology, and IVD subdivision areas, and instruments include both full automation and semi-automation instruments and systems. Geographically it holds a strong distribution network with thousands of distributors in the Chinese market.
Executives
Miao Yong Jun Director

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