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Castle Biosciences PS Ratio

: 13.68 (As of Today)
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As of today, Castle Biosciences's share price is $47.15. Castle Biosciences's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2020 was $3.45. Hence, Castle Biosciences's P/S Ratio for today is 13.68.

NAS:CSTL' s PS Ratio Range Over the Past 10 Years
Min: 5   Med: 9.07   Max: 15.92
Current: 13.67

5
15.92

During the past 3 years, Castle Biosciences's highest P/S Ratio was 15.92. The lowest was 5.00. And the median was 9.07.

NAS:CSTL's PS Ratio is ranked lower than
71% of the 223 Companies
in the Medical Diagnostics & Research industry.

( Industry Median: 6.35 vs. NAS:CSTL: 13.67 )

Castle Biosciences's Revenue per Sharefor the three months ended in Sep. 2020 was $0.76. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2020 was $3.45.

Warning Sign:

Castle Biosciences Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Castle Biosciences was -4.80% per year.

Back to Basics: P/S Ratio


Castle Biosciences PS Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Castle Biosciences Annual Data
Dec17 Dec18 Dec19
PS Ratio 0.00 0.00 9.61

Castle Biosciences Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
PS Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 9.61 8.09 0.00 0.00

Competitive Comparison
* 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.


Castle Biosciences PS Ratio Distribution

* The bar in red indicates where Castle Biosciences's PS Ratio falls into.



Castle Biosciences PS Ratio Calculation

The P/S Ratio is another ratio widely used to value stocks. It was first used by Ken Fisher.

Castle Biosciences's P/S Ratio for today is calculated as

P/S Ratio=Share Price/Revenue per Share (TTM)
=47.15/3.447
=13.68

Castle Biosciences's Share Price of today is $47.15.
Castle Biosciences's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2020 was 1.029 (Dec. 2019 ) + 0.93 (Mar. 2020 ) + 0.725 (Jun. 2020 ) + 0.763 (Sep. 2020 ) = $3.45.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

P/E Ratio=Market Cap/Revenue

The revenue here is for the trailing 12 months.


Castle Biosciences  (NAS:CSTL) PS Ratio Explanation

The P/S 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 P/S ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The P/S ratio is a great valuation tool for evaluating cyclical businesses where the P/E 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 P/S 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 Price/Earnings ratio and Price/Cash Flow or Price/Free Cash Flow, the P/E ratio measures the valuation based on the earning power of the company. This is where it is different from Price/Book ratio, which measures the valuation based on the company's balance sheet.


Be Aware

The P/S 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.


Castle Biosciences PS Ratio Related Terms


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