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, Sanara MedTech's share price is $31.51.
Sanara MedTech's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $8.15. Hence, Sanara MedTech's PS Ratio for today is 3.87.
The historical rank and industry rank for Sanara MedTech's PS Ratio or its related term are showing as below:
SMTI'
s PS Ratio Range Over the Past 10 Years
Min: 0.36 Med: 2.98 Max: 20.02
Current: 3.87
During the past 13 years, Sanara MedTech's highest PS Ratio was 20.02. The lowest was 0.36. And the median was 2.98.
SMTI's PS Ratio is ranked worse than 55.5% of 809
companies
in the Medical Devices & Instruments industry
Industry Median: 3.3
vs SMTI: 3.87
During the past 12 months, the average Revenue per Share Growth Rate of Sanara MedTech was 23.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 42.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 23.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 8.70% per year.
During the past 13 years, Sanara MedTech's highest 3-Year average Revenue per Share Growth Rate was 476.90% per year. The lowest was -16.30% per year. And the median was 6.75% per year.
Back to Basics: PS Ratio
Sanara MedTech PS Ratio Historical Data
The historical data trend for Sanara MedTech'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.
Competitive Comparison of Sanara MedTech's PS Ratio
For the Medical Instruments & Supplies subindustry, Sanara MedTech'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.
Sanara MedTech's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sanara MedTech's PS Ratio distribution charts can be found below:
* The bar in red indicates where Sanara MedTech's PS Ratio falls into.
Sanara MedTech 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.
Sanara MedTech's Share Price of today is $31.51. 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.
It can also be calculated from the numbers for the whole company:
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.
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.
Sanara MedTech PS Ratio Related Terms
Thank you for viewing the detailed overview of Sanara MedTech's PS Ratio 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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