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Nextage Therapeutics (XTAE:NXTG) PS Ratio : 23.57 (As of May. 11, 2024)


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What is Nextage Therapeutics 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, Nextage Therapeutics's share price is ₪0.707. Nextage Therapeutics's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₪0.03. Hence, Nextage Therapeutics's PS Ratio for today is 23.57.

The historical rank and industry rank for Nextage Therapeutics's PS Ratio or its related term are showing as below:

XTAE:NXTG' s PS Ratio Range Over the Past 10 Years
Min: 8.73   Med: 147.67   Max: 889.33
Current: 28.7

During the past 8 years, Nextage Therapeutics's highest PS Ratio was 889.33. The lowest was 8.73. And the median was 147.67.

XTAE:NXTG's PS Ratio is ranked worse than
95.22% of 1004 companies
in the Drug Manufacturers industry
Industry Median: 2.21 vs XTAE:NXTG: 28.70

Nextage Therapeutics's Revenue per Sharefor the six months ended in Dec. 2023 was ₪0.02. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₪0.03.

During the past 3 years, the average Revenue per Share Growth Rate was 20.80% per year.

During the past 8 years, Nextage Therapeutics's highest 3-Year average Revenue per Share Growth Rate was 86.70% per year. The lowest was -67.50% per year. And the median was 20.80% per year.

Back to Basics: PS Ratio


Nextage Therapeutics PS Ratio Historical Data

The historical data trend for Nextage Therapeutics'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.

Nextage Therapeutics PS Ratio Chart

Nextage Therapeutics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 22.45 181.59 736.33 - 11.17

Nextage Therapeutics Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 736.33 - - - 11.17

Competitive Comparison of Nextage Therapeutics's PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Nextage Therapeutics'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.


Nextage Therapeutics's PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Nextage Therapeutics's PS Ratio distribution charts can be found below:

* The bar in red indicates where Nextage Therapeutics's PS Ratio falls into.



Nextage Therapeutics 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.

Nextage Therapeutics's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.707/0.03
=23.57

Nextage Therapeutics's Share Price of today is ₪0.707.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nextage Therapeutics's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₪0.03.

* 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.


Nextage Therapeutics  (XTAE:NXTG) 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.


Nextage Therapeutics PS Ratio Related Terms

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Nextage Therapeutics (XTAE:NXTG) Business Description

Traded in Other Exchanges
N/A
Address
Bio-Light, Kiryat Atidim 7, Entrance 1, 2rd Floor, Tel Aviv, ISR, 61581
Nextage Therapeutics Ltd is a holding company. The company, through its subsidiaries, is engaged in the development of biological marker, a molecule/gene, which when present in the body at abnormal levels indicates development of a disease. It is focused on the development and commercialization of cancer diagnostic products.

Nextage Therapeutics (XTAE:NXTG) Headlines