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, abrdn Life Sciences Investors's share price is $13.00.
abrdn Life Sciences Investors's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.93. Hence, abrdn Life Sciences Investors's PS Ratio for today is 13.98.
Warning Sign:
abrdn Life Sciences Investors stock PS Ratio (=15.58) is close to 10-year high of 17.04
The historical rank and industry rank for abrdn Life Sciences Investors's PS Ratio or its related term are showing as below:
HQL'
s PS Ratio Range Over the Past 10 Years
Min: 3.25 Med: 6.17 Max: 17.04
Current: 14.02
During the past 7 years, abrdn Life Sciences Investors's highest PS Ratio was 17.04. The lowest was 3.25. And the median was 6.17.
HQL's PS Ratio is ranked worse than 67.33% of 1411
companies
in the Asset Management industry
Industry Median: 8.26
vs HQL: 14.02
abrdn Life Sciences Investors revenue per share has been in decline over the past 3 years.
During the past 3 years, the average Revenue per Share Growth Rate was -45.70% per year.
During the past 7 years, abrdn Life Sciences Investors's highest 3-Year average Revenue per Share Growth Rate was 28.40% per year. The lowest was -45.70% per year. And the median was 3.30% per year.
Back to Basics: PS Ratio
abrdn Life Sciences Investors PS Ratio Historical Data
* 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 abrdn Life Sciences Investors's PS Ratio
For the Asset Management subindustry, abrdn Life Sciences Investors'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.
abrdn Life Sciences Investors's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, abrdn Life Sciences Investors's PS Ratio distribution charts can be found below:
* The bar in red indicates where abrdn Life Sciences Investors's PS Ratio falls into.
abrdn Life Sciences Investors 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.
abrdn Life Sciences Investors's Share Price of today is $13.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. abrdn Life Sciences Investors's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.93.
* 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:
abrdn Life Sciences Investors (NYSE:HQL) 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.
abrdn Life Sciences Investors PS Ratio Related Terms
Thank you for viewing the detailed overview of abrdn Life Sciences Investors's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
abrdn Life Sciences Investors (abrdn Life Sciences Investors) Business Description
abrdn Life Sciences Investors operates as a non-diversified closed-end management investment company. Its investment objective is to seek long-term capital appreciation by investing primarily in securities of Life Sciences companies. It invests in securities of public and private companies that are believed by the Fund's Investment Adviser, abrdn Inc to have significant potential for above-average growth.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HQL has been successfully added to your 