GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Shiny Health & Wellness Corp (TSXV:SNYB) » Definitions » PS Ratio

Shiny Health & Wellness (TSXV:SNYB) PS Ratio : 0.02 (As of Jul. 23, 2025)


View and export this data going back to 2022. Start your Free Trial

What is Shiny Health & Wellness PS Ratio?

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, Shiny Health & Wellness's share price is C$0.035. Shiny Health & Wellness's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was C$2.18. Hence, Shiny Health & Wellness's PS Ratio for today is 0.02.

The historical rank and industry rank for Shiny Health & Wellness's PS Ratio or its related term are showing as below:

TSXV:SNYB's PS Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.55
* Ranked among companies with meaningful PS Ratio only.

Shiny Health & Wellness's Revenue per Sharefor the three months ended in Oct. 2023 was C$0.36. Its Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was C$2.18.

Back to Basics: PS Ratio


Shiny Health & Wellness PS Ratio Historical Data

The historical data trend for Shiny Health & Wellness'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.

* Premium members only.

Shiny Health & Wellness PS Ratio Chart

Shiny Health & Wellness Annual Data
Trend Jan22 Jan23
PS Ratio
- 0.54

Shiny Health & Wellness Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.65 0.54 0.19 0.14 0.04

Competitive Comparison of Shiny Health & Wellness's PS Ratio

For the Pharmaceutical Retailers subindustry, Shiny Health & Wellness'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.


Shiny Health & Wellness's PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shiny Health & Wellness's PS Ratio distribution charts can be found below:

* The bar in red indicates where Shiny Health & Wellness's PS Ratio falls into.


;
;

Shiny Health & Wellness 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.

Shiny Health & Wellness's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.035/2.181
=0.02

Shiny Health & Wellness's Share Price of today is C$0.035.
Shiny Health & Wellness's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.18.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Shiny Health & Wellness  (TSXV:SNYB) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Shiny Health & Wellness PS Ratio Related Terms

Thank you for viewing the detailed overview of Shiny Health & Wellness's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Shiny Health & Wellness Business Description

Traded in Other Exchanges
N/A
Address
22 Frederick Street, Suite 700, Kitchener, ON, CAN, N2H 6M6
Shiny Health & Wellness Corp is on a mission to help people never settle, live fully by being a trusted source for health and wellness solutions and services. The company broadened its retail growth strategy beyond adult-use cannabis by establishing mihi Health & Wellness, a new line of business focused on building a network of community pharmacies across Ontario. It also operates ShinyBud Cannabis Co., a well-established brand in Ontario strategically located in markets less saturated with cannabis retailers.

Shiny Health & Wellness Headlines

No Headlines