PS ratio (TTM) of PGNY is weird

Avatar
DaikonSun
  • updated
  • Awaiting Customer Reply

For example, how come the ratio is smaller than one before 12/30/2019?

Thank you!

Replies 2
Avatar
0
SA Admin Kushal Mehrotra
  • Awaiting Customer Reply

Hi,

The P/S TTM on December 30, 2019 was 0.84, and the most recent P/S is 4.24. It's actualy above the december 2019 levels. Please correct me if you think I got your question wrong.

Regards,
Kushal Mehrotra
Data QA Analyst, Seeking Alpha

Avatar
0
DaikonSun

I found out the reason. I think it is due to the "Diluted Weighted Average Shares Outstanding (TTM)". It changes from 5.75M in 9/30/2019 to 20.74M in 12/31/2019. It might be better to linearly interpolate the value of "Diluted Weighted Average Shares Outstanding (TTM)" and calculate the PS ratio (TTM) based on the interpolation.

Thank you!