Covidien (COV)

65.80 +0.27  +0.40%  May 21, 5:00PM
Add to Watchlists Create an Alert

Covidien Price / Sales Ratio TTM:

2.599 for May 21, 2013
View Full Chart

Covidien Price / Sales Ratio TTM Chart

    Covidien Historical Price / Sales Ratio TTM Data

    Pro Data Export
    Dates:  to
    Viewing 1 of 30   First  Previous First    Next  Last   Last

    There is no data for the selected date range.

    Data for this Date Range  
    May 21, 2013 2.599
    May 20, 2013 2.588
    May 17, 2013 2.597
    May 16, 2013 2.593
    May 15, 2013 2.623
    May 14, 2013 2.628
    May 13, 2013 2.614
    May 10, 2013 2.614
    May 9, 2013 2.597
    May 8, 2013 2.602
    May 7, 2013 2.576
    May 6, 2013 2.572
    May 3, 2013 2.541
    May 2, 2013 2.537
    May 1, 2013 2.510
    April 30, 2013 2.521
    April 29, 2013 2.492
    April 26, 2013 2.447
    April 25, 2013 2.621
    April 24, 2013 2.618
    April 23, 2013 2.632
    April 22, 2013 2.612
    April 19, 2013 2.628
    April 18, 2013 2.606
    April 17, 2013 2.61
       
    April 16, 2013 2.632
    April 15, 2013 2.612
    April 12, 2013 2.679
    April 11, 2013 2.707
    April 10, 2013 2.683
    April 9, 2013 2.660
    April 8, 2013 2.652
    April 5, 2013 2.657
    April 4, 2013 2.678
    April 3, 2013 2.677
    April 2, 2013 2.686
    April 1, 2013 2.673
    March 28, 2013 2.730
    March 27, 2013 2.715
    March 26, 2013 2.717
    March 25, 2013 2.684
    March 22, 2013 2.681
    March 21, 2013 2.667
    March 20, 2013 2.636
    March 19, 2013 2.606
    March 18, 2013 2.609
    March 15, 2013 2.632
    March 14, 2013 2.642
    March 13, 2013 2.656
    March 12, 2013 2.640

    About Price to Sales Ratio

    The price to sales ratio (PS ratio) is calculated by dividing stock price by the revenue per share. It is most useful for comparing companies within a sector or industry because "normal" values for this ratio vary from industry to industry. In general, low price to sales ratios are more appealing because they suggest that a company is undervalued.

    An example illustrating why PS ratios should not be compared across industries: On June 21, 2010, Starbucks had a PS ratio of 1.12 while Yahoo! had a PS ratio of 2.56. In other words, Yahoo! shareholders were paying $2.56 for $1 of sales while Starbucks shareholders would only pay $1.12 for $1 of sales. However, at that same moment, the two companies' price to earnings ratios were virtually identical (Starbucks: 28.09 and Yahoo!: 27.78). Hence, shareholders were paying nearly the same amount for $1.00 in earnings. The PS ratios, though, are less comparable since Yahoo!'s profit margins are much higher than that of Starbucks.
    Learn More

    Get data for

    COV Price / Sales Ratio TTM Benchmarks

    Companies
    C.R. Bard 3.019
    CareFusion 2.114
    Becton Dickinson 2.596

    COV Price / Sales Ratio TTM Rankings

    Overall 62nd percentile
    3032 of 8002
    Sector 66th percentile
    231 of 684 in Healthcare
    Industry 55th percentile
    33 of 74 in Medical Instruments & Supplies

    COV Price / Sales Ratio TTM Range, Past 5 Years

    Minimum 1.389 Mar 9 2009
    Maximum 2.737 Sep 30 2008
    Average 2.174