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.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Sanara MedTech's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $8.15. Sanara MedTech's 10-Year median PS Ratio is 2.6552. Therefore, the Median PS Value for today is $21.64.
As of today (2024-05-21), Sanara MedTech's share price is $31.51. Sanara MedTech's Median PS Value is $21.64. Therefore, Sanara MedTech's Price to Median PS Value for today is 1.46.
The historical rank and industry rank for Sanara MedTech's Median PS Value or its related term are showing as below:
SMTI'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.11 Med: 0.35 Max: 8.39
Current: 1.46
During the past 13 years, the highest Price to Median PS Value of Sanara MedTech was 8.39. The lowest was 0.11. And the median was 0.35.
SMTI's Price-to-Median-PS-Value is ranked worse than 86.08% of 316
companies
in the Medical Devices & Instruments industry
Industry Median: 0.8
vs SMTI: 1.46
Sanara MedTech Median PS Value Historical Data
The historical data trend for Sanara MedTech'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 Sanara MedTech's Median PS Value
For the Medical Instruments & Supplies subindustry, Sanara MedTech'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.
Sanara MedTech's Price-to-Median-PS-Value Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sanara MedTech's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Sanara MedTech's Price-to-Median-PS-Value falls into.
Sanara MedTech Median PS Value Calculation
Sanara MedTech's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.6552.
Sanara MedTech's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.15.
* 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.
Sanara MedTech (NAS:SMTI) 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.
Sanara MedTech's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
31.51
/
21.64
=
1.46
* 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.
Sanara MedTech Median PS Value Related Terms
Thank you for viewing the detailed overview of Sanara MedTech's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Sanara MedTech (Sanara MedTech) Business Description
Sanara MedTech Inc is a medical technology company focused on developing and commercializing transformative technologies to improve clinical outcomes and reduce healthcare expenditures in the chronic and surgical wound and skincare markets. Its portfolio of products and services allows it to deliver comprehensive wound and skincare solutions for patients in all care settings, including acute and post-acute. Its surgical wound care products are CellerateRX Surgical Activated Collagen. Its chronic wound care products are HYCOL Hydrolyzed Collagen, BIAKOS Skin and Wound Cleanser and BIAKOS Skin and Wound Gel.
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