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10x Genomics (MEX:TXG) PS Ratio : 4.68 (As of Oct. 31, 2024)


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What is 10x Genomics 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, 10x Genomics's share price is MXN440.00. 10x Genomics's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was MXN94.03. Hence, 10x Genomics's PS Ratio for today is 4.68.

Good Sign:

10x Genomics Inc stock PS Ratio (=3.13) is close to 10-year low of 2.93

The historical rank and industry rank for 10x Genomics's PS Ratio or its related term are showing as below:

MEX:TXG' s PS Ratio Range Over the Past 10 Years
Min: 2.93   Med: 13.01   Max: 67.19
Current: 3.13

During the past 7 years, 10x Genomics's highest PS Ratio was 67.19. The lowest was 2.93. And the median was 13.01.

MEX:TXG's PS Ratio is ranked worse than
67.88% of 657 companies
in the Healthcare Providers & Services industry
Industry Median: 1.55 vs MEX:TXG: 3.13

10x Genomics's Revenue per Sharefor the three months ended in Sep. 2024 was MXN24.73. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was MXN94.03.

Warning Sign:

10x Genomics Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of 10x Genomics was 3.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 21.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 15.10% per year.

During the past 7 years, 10x Genomics's highest 3-Year average Revenue per Share Growth Rate was 51.00% per year. The lowest was -10.30% per year. And the median was 28.75% per year.

Back to Basics: PS Ratio


10x Genomics PS Ratio Historical Data

The historical data trend for 10x Genomics'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.

10x Genomics PS Ratio Chart

10x Genomics Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 12.12 47.94 33.51 8.03 10.60

10x Genomics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.11 10.60 7.09 3.66 4.29

Competitive Comparison of 10x Genomics's PS Ratio

For the Health Information Services subindustry, 10x Genomics'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.


10x Genomics's PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, 10x Genomics's PS Ratio distribution charts can be found below:

* The bar in red indicates where 10x Genomics's PS Ratio falls into.



10x Genomics 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.

10x Genomics's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=440.00/94.03
=4.68

10x Genomics's Share Price of today is MXN440.00.
10x Genomics's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN94.03.

* 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.


10x Genomics  (MEX:TXG) 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.


10x Genomics PS Ratio Related Terms

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10x Genomics Business Description

Traded in Other Exchanges
Address
6230 Stoneridge Mall Road, Pleasanton, CA, USA, 94588
10x Genomics Inc is a life science technology company based in the United States. Its solutions include instruments, consumables, and software for analyzing biological systems. The product portfolio of the company includes Chromium Controller, Reagent Kits, 10x Compatible Products, and Informatics Software among others. The majority of its revenue is generated from consumables.