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, Helius Medical Technologies's share price is $4.5126.
Helius Medical Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.05. Hence, Helius Medical Technologies's PS Ratio for today is 4.28.
The historical rank and industry rank for Helius Medical Technologies's PS Ratio or its related term are showing as below:
HSDT'
s PS Ratio Range Over the Past 10 Years
Min: 1.28 Med: 16.26 Max: 462.33
Current: 4.07
During the past 10 years, Helius Medical Technologies's highest PS Ratio was 462.33. The lowest was 1.28. And the median was 16.26.
HSDT's PS Ratio is ranked worse than 61.59% of 807
companies
in the Medical Devices & Instruments industry
Industry Median: 3.19
vs HSDT: 4.07
During the past 10 years, Helius Medical Technologies's highest 3-Year average Revenue per Share Growth Rate was -33.80% per year. The lowest was -69.20% per year. And the median was -66.20% per year.
Back to Basics: PS Ratio
Helius Medical Technologies 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 Helius Medical Technologies's PS Ratio
For the Medical Devices subindustry, Helius Medical Technologies'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.
Helius Medical Technologies's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Helius Medical Technologies's PS Ratio distribution charts can be found below:
* The bar in red indicates where Helius Medical Technologies's PS Ratio falls into.
Helius Medical Technologies 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.
Helius Medical Technologies's Share Price of today is $4.5126. Helius Medical Technologies'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 $1.05.
* 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:
Helius Medical Technologies (NAS:HSDT) 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.
Helius Medical Technologies PS Ratio Related Terms
Thank you for viewing the detailed overview of Helius Medical Technologies's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Helius Medical Technologies (Helius Medical Technologies) Business Description
Helius Medical Technologies Inc is a neurotech company focused on neurological wellness. The company's purpose is to develop, license or acquire non-invasive technologies targeted at reducing symptoms of neurological disease or trauma. The company's product, known as the Portable Neuromodulation Stimulator (PoNS), is authorized for sale in Canada as a class II, non-implantable medical device intended for use as a short term treatment of gait deficit due to symptoms from multiple sclerosis and balance deficit due to mild-to-moderate traumatic brain injury and is to be used in conjunction with supervised therapeutic exercise.
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