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, MyoKardia's share price is $224.91.
MyoKardia's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2020 was $0.00. Hence, MyoKardia's PS Ratio for today is .
The historical rank and industry rank for MyoKardia's PS Ratio or its related term are showing as below:
During the past 7 years, MyoKardia's highest PS Ratio was 701.11. The lowest was 0.00. And the median was 79.48.
MYOK's PS Ratio is not ranked *
in the Biotechnology industry.
Industry Median: 8.92 * Ranked among companies with meaningful PS Ratio only.
MyoKardia Inc revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of MyoKardia was -100.00% per year.
During the past 7 years, MyoKardia's highest 3-Year average Revenue per Share Growth Rate was 0.10% per year. The lowest was 0.00% per year. And the median was -28.20% per year.
Back to Basics: PS Ratio
MyoKardia PS Ratio Historical Data
The historical data trend for MyoKardia'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 Biotechnology subindustry, MyoKardia'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.
MyoKardia's PS Ratio Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, MyoKardia's PS Ratio distribution charts can be found below:
* The bar in red indicates where MyoKardia's PS Ratio falls into.
MyoKardia 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.
MyoKardia's Share Price of today is $224.91. MyoKardia's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00.
* 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.
MyoKardia PS Ratio Related Terms
Thank you for viewing the detailed overview of MyoKardia's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
MyoKardia Inc is a US-based clinical-stage biopharmaceutical company which is engaged in discovering, developing and commercializing targeted therapies for the treatment of serious and neglected rare cardiovascular diseases. The company mainly focuses on the treatment of heritable cardiomyopathies and genetically-driven forms of heart failure that result from biomechanical defects in cardiac muscle contraction. It uses its medicine platform to generate an initial pipeline of therapeutic programs for the chronic treatment of the two most common forms of heritable cardiomyopathy-hypertrophic cardiomyopathy (HCM) and dilated cardiomyopathy. The company's products include MYK-461 s an orally administered small molecule to reduce excessive cardiac muscle contractility leading to HCM.
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