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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, Harvard Bioscience's share price is $4.24. Harvard Bioscience's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.63. Hence, Harvard Bioscience's PS Ratio for today is 1.61.
Good Sign:
Harvard Bioscience Inc stock PS Ratio (=1.6) is close to 1-year low of 1.51
The historical rank and industry rank for Harvard Bioscience's PS Ratio or its related term are showing as below:
During the past 13 years, Harvard Bioscience's highest PS Ratio was 3.00. The lowest was 0.49. And the median was 1.29.
Harvard Bioscience's Revenue per Sharefor the three months ended in Dec. 2023 was $0.66. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.63.
Warning Sign:
Harvard Bioscience 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 Harvard Bioscience was -3.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 0.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -3.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was -1.90% per year.
During the past 13 years, Harvard Bioscience's highest 3-Year average Revenue per Share Growth Rate was 11.50% per year. The lowest was -23.70% per year. And the median was 0.10% per year.
The historical data trend for Harvard Bioscience'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 Instruments & Supplies subindustry, Harvard Bioscience'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.
For the Medical Devices & Instruments industry and Healthcare sector, Harvard Bioscience's PS Ratio distribution charts can be found below:
* The bar in red indicates where Harvard Bioscience'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.
Harvard Bioscience's PS Ratio for today is calculated as
PS Ratio | = | Share Price | / | Revenue per Share (TTM) |
= | 4.24 | / | 2.634 | |
= | 1.61 |
Harvard Bioscience's Share Price of today is $4.24.
Harvard Bioscience'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 $2.63.
* 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.
Harvard Bioscience (NAS:HBIO) 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.
Thank you for viewing the detailed overview of Harvard Bioscience's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
James W Green | director, officer: Chief Executive Officer | 12525 CHADRON AVENUE, HAWTHORNE CA 90250 |
Alan I Edrick | director | 20200 SUNBURST STREET, CHATSWORTH CA 91311 |
Jennifer Cote | officer: Interim CFO | C/O HARVARD BIOSCIENCE, INC., 84 OCTOBER HILL ROAD, HOLLISTON MA 01746 |
Bertrand Loy | director | C/O ENTEGRIS, INC., 129 CONCORD RD, BILLERICA MA 01821 |
Thomas W Loewald | director | 81 WYMAN STREET, WALTHAM MA 02451 |
John F Kennedy | director | C/O NET PERCEPTIONS INC, 7700 FRANCE AVE. SOUTH, EDINA MN 55435 |
Katherine A. Eade | director | C/O HARVARD BIOSCIENCE, INC., 84 OCTOBER HILL ROAD #10, HOLLISTON MA 01746 |
Susan M. Steele | director | C/O HILL INTERNATIONAL, INC., 2005 MARKET ST., 17TH FLOOR, PHILADELPHIA PA 19103 |
Kenneth Fletcher Olson | officer: Chief Operating Officer | C/O HARVARD BIOSCIENCE, INC., 84 OCTOBER HILL ROAD #10, HOLLISTON MA 01746 |
Michael A. Rossi | officer: Chief Financial Officer | C/O HARVARD BIOSCIENCE, INC., 84 OCTOBER HILL ROAD #10, HOLLISTON MA 01746 |
Yash Singh | officer: Executive Vice President | C/O HARVARD BIOSCIENCE, INC., 84 OCTOBER HILL ROAD #10, HOLLISTON MA 01746 |
Jeffrey Duchemin | officer: Chief Executive Officer | 14 EASTLAND TERRACE, HAVERHILL MA 01830 |
Kamalam Unninayar | officer: Chief Financial Officer | C/O TETRAPHASE PHARMACEUTICALS, INC., 480 ARSENAL STREET, SUITE 110, WATERTOWN MA 02472 |
Robert E. Gagnon | officer: Chief Financial Officer | C/O BIOGEN IDEC INC., 133 BOSTON POST ROAD, WESTON MA 02493 |
George Uveges | director | C/O MFIC CORPORATION, 30 OSSIPEE ROAD, NEWTON MA 02464 |
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