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, Nektar Therapeutics's share price is $1.32.
Nektar Therapeutics's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.47. Hence, Nektar Therapeutics's PS Ratio for today is 2.78.
The historical rank and industry rank for Nektar Therapeutics's PS Ratio or its related term are showing as below:
NKTR'
s PS Ratio Range Over the Past 10 Years
Min: 0.98 Med: 10.46 Max: 56.22
Current: 2.78
During the past 13 years, Nektar Therapeutics's highest PS Ratio was 56.22. The lowest was 0.98. And the median was 10.46.
NKTR's PS Ratio is ranked better than 77.92% of 992
companies
in the Biotechnology industry
Industry Median: 8.85
vs NKTR: 2.78
Nektar Therapeutics 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 Nektar Therapeutics was -3.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -17.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -33.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -12.60% per year.
During the past 13 years, Nektar Therapeutics's highest 3-Year average Revenue per Share Growth Rate was 62.20% per year. The lowest was -56.20% per year. And the median was 2.45% per year.
Back to Basics: PS Ratio
Nektar Therapeutics PS Ratio Historical Data
The historical data trend for Nektar Therapeutics'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.
Competitive Comparison of Nektar Therapeutics's PS Ratio
For the Biotechnology subindustry, Nektar Therapeutics'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.
Nektar Therapeutics's PS Ratio Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Nektar Therapeutics's PS Ratio distribution charts can be found below:
* The bar in red indicates where Nektar Therapeutics's PS Ratio falls into.
Nektar Therapeutics 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.
Nektar Therapeutics's Share Price of today is $1.32. Nektar Therapeutics'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 $0.47.
* 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:
Nektar Therapeutics (NAS:NKTR) 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.
Nektar Therapeutics PS Ratio Related Terms
Thank you for viewing the detailed overview of Nektar Therapeutics's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nektar Therapeutics (Nektar Therapeutics) Business Description
Nektar Therapeutics is a biopharmaceutical company. It has wholly-owned research and development pipeline of investigational medicines in oncology, immunology, and virology as well as a portfolio of approved partnered medicines. In oncology, the company is focused on activating the immune system's natural tumor-fighting mechanisms, and it will be studying several immuno-oncology drug candidates in the clinic for a variety of cancer indications. In immunology, it is focused on addressing imbalances in the immune system to restore the body's self-tolerance mechanisms and achieve immune homeostasis. In virology, the company believes selective immuno-modulators can be useful in addressing viral infections in people. The group derives revenue from the United States and the Rest of the World.
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