This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Ramsay Health Care's Median PS Value or its related term are showing as below:
ASX:RHC'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.53 Med: 0.83 Max: 1.88
Current: 0.53
During the past 13 years, the highest Price to Median PS Value of Ramsay Health Care was 1.88. The lowest was 0.53. And the median was 0.83.
ASX:RHC's Price-to-Median-PS-Value is ranked better than 72.8% of 239
companies
in the Healthcare Providers & Services industry
Industry Median: 0.74
vs ASX:RHC: 0.53
Ramsay Health Care Median PS Value Historical Data
The historical data trend for Ramsay Health Care's Median PS Value 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 Ramsay Health Care's Median PS Value
For the Medical Care Facilities subindustry, Ramsay Health Care's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Ramsay Health Care's Price-to-Median-PS-Value Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Health Care's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Ramsay Health Care's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.3819.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ramsay Health Care's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$66.453.
* 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.
Ramsay Health Care (ASX:RHC) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Ramsay Health Care's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
48.86
/
91.83
=
0.53
* 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.
Ramsay Health Care Median PS Value Related Terms
Thank you for viewing the detailed overview of Ramsay Health Care's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Ramsay Health Care is one of the largest private healthcare providers in the world, with over 460 facilities across 10 countries. The key markets in which it operates are Australia, France, the U.K., and Sweden. It is the largest private hospital group in each of these markets except for the U.K. where it ranks fifth. Ramsay Sante, which operates the European regions other than the U.K., is a 52.5%-owned subsidiary of Ramsay Health Care. The company typically earns about 60% of consolidated earnings in Australia and 30% in France. Ramsay Health Care undertakes both private and publicly funded healthcare.
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