Pro MedicusASX:PME +1.88%98 Quick Ratio is 6.22 as of Dec. 2025, which is 13% above its 10-year median of 5.51. GuruFocus rates ASX:PME with a GF Score™ of 98/100 and a GF Value™ of A$245.06 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 683 Healthcare Providers & Services companies, Pro Medicus ranks better than 92.24% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Pro Medicus's quick ratio for the quarter that ended in Dec. 2025 was 6.22.
Pro Medicus has a quick ratio of 6.22. It generally indicates good short-term financial strength.
The historical rank and industry rank for Pro Medicus's Quick Ratio or its related term are showing as below:
ASX:PME'
s Quick Ratio Range Over the Past 10 Years
Min: 3.26 Med: 5.51 Max: 7.49
Current: 6.22
During the past 13 years, Pro Medicus's highest Quick Ratio was 7.49. The lowest was 3.26. And the median was 5.51.
ASX:PME's Quick Ratio is ranked better than 92.24% of 683
companies
in the Healthcare Providers & Services industry
Industry Median: 1.32
vs ASX:PME: 6.22
Pro Medicus (ASX:PME) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Pro Medicus Quick Ratio Related Terms
Pro Medicus Quick Ratio Historical Data
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The historical data trend for Pro Medicus's Quick 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.
ASX:PME vs VEEV, BTSG, TEM: Quick Ratio Comparison
For the Health Information Services subindustry, Pro Medicus's Quick Ratio, along with its competitors' market caps and Quick 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.
Pro Medicus Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Pro Medicus's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Pro Medicus's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Pro Medicus's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Pro Medicus (ASX:PME) has a Quick Ratio of 6.22 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pro Medicus and its competitors. This is 13% above median its historical median of 5.51. Over the past decade, Pro Medicus' Quick Ratio has ranged from 3.26 to 7.49. According to the industry distribution chart, Pro Medicus ranks #53 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 7.8%.
Is Pro Medicus' Quick Ratio too high?
Pro Medicus' current Quick Ratio of 6.22 is 13% above median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 7.49. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Pro Medicus' value of 6.22 is 371.2% above this industry median. Based on the distribution chart, Pro Medicus ranks #53 out of 683 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Pro Medicus has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pro Medicus' Quick Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Pro Medicus ranks #53 out of 683 companies for Quick Ratio. This places Pro Medicus in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.32. Pro Medicus' value of 6.22 is 371.2% above this benchmark. Historically, Pro Medicus' own Quick Ratio has ranged from 3.26 to 7.49 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 1.32, Pro Medicus has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pro Medicus's current Quick Ratio of 6.22 is 371.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pro Medicus and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pro Medicus's current Quick Ratio is 6.22, which is 13% above median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pro Medicus stock overvalued right now?
Based on GuruFocus' analysis, Pro Medicus (ASX:PME) is currently considered Modestly Undervalued. The stock's GF Value™ is A$245.06, compared to a current price of A$188.88 — trading 22.9% below its estimated fair value. The current Quick Ratio is 6.22, which is 13% above median its 10-year median of 5.51 and 371.2% above the Healthcare Providers & Services industry median of 1.32. Pro Medicus' overall GF Score™ is 98/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Pro Medicus (ASX:PME), the current Quick Ratio is 6.22 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Pro Medicus (ASX:PME) Overvalued in 2026?
Based on GuruFocus' analysis, Pro Medicus stock appears to be undervalued.
The current stock price of A$188.88 is trading 22.9% below its estimated GF Value™ of A$245.06.
GuruFocus considers Pro Medicus to be Modestly Undervalued.
Key valuation signals for ASX:PME:
Quick Ratio: 6.22 (13% above median its 10-year median of 5.51)
GF Value™: A$245.06 vs. price of A$188.88 (22.9% below fair value)
Industry Position: 371.2% above the Healthcare Providers & Services median (#53 of 683)
No single metric tells the full story. See the ASX:PME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pro Medicus is a healthcare IT company specializing in radiology imaging software. Its main product, Visage 7, is a clinical desktop application that radiologists use to view, enhance, and manipulate images from any device and make a diagnosis. Its main customers are US private academic hospitals. In fiscal 2025, Pro Medicus earned 90% of revenue in North America, 8% from Australia, and the remaining 2% in Europe.
98GF Score
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