Switch to:
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Median PS Value
\$0.00 (As of Today)

This valuation method assumes that the stock valuation will revert to its historical mean in terms of Price/Sales Ratio. The reason we use P/S Ratio instead of P/E Ratio or P/B Ratio is because Price/Sales Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median P/S Value is calculated as trailing twelve months (TTM) revenue per share times 10-Year median P/S ratio. Adept Technology Inc's revenue per share for the trailing twelve months (TTM) ended in Jun. 2015 was \$4.069. Adept Technology Inc's 10-Year median P/S ratio is 0.00. Therefore, the Median P/S Value for today is \$0.00.

As of today, Adept Technology Inc's share price is \$12.98. Adept Technology Inc's median P/S value is \$0.00. Therefore, Adept Technology Inc's Price to Median P/S Value Ratio for today is 0.00.

Definition

Adept Technology Inc's Median P/S Value for today is calculated as

 Median P/S Value = Total Annual Sales / Shares Outstanding * 10-Year Median P/S Ratio = Revenue per Share (TTM) * 10-Year Median P/S Ratio = 4.069 * 0.00 = 0.00

10-Year Median P/S Ratio is 0.00.
Adept Technology Inc's revenue per share for the trailing twelve months (TTM) ended in Jun. 2015 was 1.068 (Sep. 2014 ) + 0.901 (Dec. 2014 ) + 1.076 (Mar. 2015 ) + 1.024 (Jun. 2015 ) = \$4.069.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

This valuation method assumes that the stock valuation will revert to its historical mean in terms of Price/Sales Ratio. The reason we use P/S Ratio instead of P/E Ratio or P/B Ratio is because Price/Sales Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the companys value.

Adept Technology Inc's Price to Median P/S Value Ratio for today is calculated as

 Price to Median P/S Value = Share Price / Median P/S Value = 12.98 / 0.00 =

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.