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, Andon Health Co's share price is ¥42.66.
Andon Health Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥6.14. Hence, Andon Health Co's PS Ratio for today is 6.95.
The historical rank and industry rank for Andon Health Co's PS Ratio or its related term are showing as below:
SZSE:002432'
s PS Ratio Range Over the Past 10 Years
Min: 0.78 Med: 5.36 Max: 33.28
Current: 6.95
During the past 13 years, Andon Health Co's highest PS Ratio was 33.28. The lowest was 0.78. And the median was 5.36.
SZSE:002432's PS Ratio is ranked worse than 74.38% of 808
companies
in the Medical Devices & Instruments industry
Industry Median: 3.11
vs SZSE:002432: 6.95
Andon Health Co Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Andon Health Co was -35.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 15.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 73.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 35.40% per year.
During the past 13 years, Andon Health Co's highest 3-Year average Revenue per Share Growth Rate was 228.10% per year. The lowest was -3.60% per year. And the median was 8.80% per year.
Back to Basics: PS Ratio
Andon Health Co PS Ratio Historical Data
The historical data trend for Andon Health 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.
Competitive Comparison of Andon Health Co's PS Ratio
For the Medical Instruments & Supplies subindustry, Andon Health 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.
Andon Health Co's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Andon Health Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Andon Health Co's PS Ratio falls into.
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.
Andon Health Co's Share Price of today is ¥42.66. Andon Health Co'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 ¥6.14.
* 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:
Andon Health Co (SZSE:002432) 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.
Andon Health Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Andon Health Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Andon Health Co Ltd is a China-based company. It is principally engaged in the research and development, manufacture and distribution of medical instruments. Its main products include a blood pressure monitor, blood glucose monitor, TENS, electrical muscle stimulator, electronic pulse massager, and a digital thermometer.
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