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, Asensus Surgical's share price is $0.249.
Asensus Surgical's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.03. Hence, Asensus Surgical's PS Ratio for today is 7.32.
Good Sign:
Asensus Surgical Inc stock PS Ratio (=7.32) is close to 3-year low of 6.76
The historical rank and industry rank for Asensus Surgical's PS Ratio or its related term are showing as below:
ASXC'
s PS Ratio Range Over the Past 10 Years
Min: 0.67 Med: 22.59 Max: 2516.43
Current: 7.32
During the past 13 years, Asensus Surgical's highest PS Ratio was 2516.43. The lowest was 0.67. And the median was 22.59.
ASXC's PS Ratio is ranked worse than 75.71% of 807
companies
in the Medical Devices & Instruments industry
Industry Median: 3.19
vs ASXC: 7.32
Asensus Surgical 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 Asensus Surgical was 13.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -8.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -54.50% per year.
During the past 13 years, Asensus Surgical's highest 3-Year average Revenue per Share Growth Rate was 91.10% per year. The lowest was -79.10% per year. And the median was 0.35% per year.
Back to Basics: PS Ratio
Asensus Surgical PS Ratio Historical Data
The historical data trend for Asensus Surgical'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 Asensus Surgical's PS Ratio
For the Medical Devices subindustry, Asensus Surgical'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.
Asensus Surgical's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Asensus Surgical's PS Ratio distribution charts can be found below:
* The bar in red indicates where Asensus Surgical's PS Ratio falls into.
Asensus Surgical 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.
Asensus Surgical's Share Price of today is $0.249. Asensus Surgical'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 $0.03.
* 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.
Asensus Surgical PS Ratio Related Terms
Thank you for viewing the detailed overview of Asensus Surgical's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Asensus Surgical (Asensus Surgical) Business Description
Asensus Surgical Inc is a medical device company that digitizes the interface between the surgeon and the patient to improve minimally invasive surgery through digital laparoscopy. It enables the use of advanced capabilities such as augmented intelligence, connectivity, and robotics in laparoscopy and seeks to address the current clinical, cognitive, and economic shortcomings in surgery. The Senhance Surgical System is the first machine vision system for use in robotic surgery, which is powered by the new Intelligent Surgical Unit that enables augmented intelligence in surgery and brings the benefits of digital laparoscopy to patients around the world. The company's single segment includes the research, development, and sale of medical device robotics to improve minimally invasive surgery.
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