Global Medical REIT (GMRE)

P/S ratio as of September 2024 (TTM): 4.88

According to Global Medical REIT 's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.87538. At the end of 2024 the company had a P/S ratio of 4.33.

P/S ratio history for Global Medical REIT from 2016 to 2024

PS ratio at the end of each year

Year	P/S ratio	Change
2024	4.33	-16.25%
2023	5.16	7.17%
2022	4.82	-51.04%
2021	9.84	42.48%
2020	6.91	-15.96%
2019	8.22	89.36%
2018	4.34	-26.04%
2017	5.87	-69.81%
2016	19.4

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Global Medical REIT (GMRE)