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, Apyx Medical's share price is $1.48.
Apyx Medical's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.51. Hence, Apyx Medical's PS Ratio for today is 0.98.
The historical rank and industry rank for Apyx Medical's PS Ratio or its related term are showing as below:
APYX'
s PS Ratio Range Over the Past 10 Years
Min: 0.83 Med: 3.93 Max: 115.71
Current: 0.97
During the past 13 years, Apyx Medical's highest PS Ratio was 115.71. The lowest was 0.83. And the median was 3.93.
APYX's PS Ratio is ranked better than 82.55% of 808
companies
in the Medical Devices & Instruments industry
Industry Median: 3.17
vs APYX: 0.97
During the past 12 months, the average Revenue per Share Growth Rate of Apyx Medical was 17.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 23.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 24.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.20% per year.
During the past 13 years, Apyx Medical's highest 3-Year average Revenue per Share Growth Rate was 43.00% per year. The lowest was -40.60% per year. And the median was 5.00% per year.
Back to Basics: PS Ratio
Apyx Medical PS Ratio Historical Data
The historical data trend for Apyx Medical'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.
For the Medical Devices subindustry, Apyx Medical'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.
Apyx Medical's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Apyx Medical's PS Ratio distribution charts can be found below:
* The bar in red indicates where Apyx Medical's PS Ratio falls into.
Apyx Medical 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.
Apyx Medical's PS Ratio for today is calculated as
Apyx Medical's Share Price of today is $1.48. Apyx Medical's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.51.
* 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:
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.
Apyx Medical PS Ratio Related Terms
Thank you for viewing the detailed overview of Apyx Medical's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Apyx Medical Corp is an energy technology medical device company. It specializes in developing, manufacturing, and marketing a range of cosmetic and surgical products and technologies, as well as related medical products used in doctor's offices, surgery centers, and hospitals. Its product offerings comprise Renuvion cosmetic technology, which offers plastic surgeons, facial plastic surgeons, and cosmetic physicians the ability to provide controlled heat to the tissue to achieve desired results. The J-Plasma system allows surgeons to operate with a high level of precision and virtually eliminates unintended tissue trauma. It operates in two segments namely: Advanced Energy and Original Equipment Manufacturing (OEM). Its Advanced Energy segment derives the majority of its revenue.
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