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Air T (AIRT) Median PS Value

: $31.38 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Air T's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $102.289. Air T's 10-Year median PS Ratio is 0.3068. Therefore, the Median PS Value for today is $31.38.

As of today (2024-04-19), Air T's share price is $23.22. Air T's Median PS Value is $31.38. Therefore, Air T's Price to Median PS Value for today is 0.74.

The historical rank and industry rank for Air T's Median PS Value or its related term are showing as below:

AIRT' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.48   Med: 0.97   Max: 1.8
Current: 0.74

During the past 13 years, the highest Price to Median PS Value of Air T was 1.80. The lowest was 0.48. And the median was 0.97.

AIRT's Price-to-Median-PS-Value is ranked better than
75.86% of 584 companies
in the Transportation industry
Industry Median: 0.97 vs AIRT: 0.74

Air T Median PS Value Historical Data

The historical data trend for Air T's Median PS Value 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.

Air T Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.24 23.96 16.84 18.05 26.47

Air T Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.56 26.47 29.00 31.09 31.38

Competitive Comparison

For the Integrated Freight & Logistics subindustry, Air T's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


Air T Price-to-Median-PS-Value Distribution

For the Transportation industry and Industrials sector, Air T's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Air T's Price-to-Median-PS-Value falls into.



Air T Median PS Value Calculation

Air T's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=102.289*0.3068
=31.38

10-Year Median PS Ratio is 0.3068.
Air T's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $102.289.

* 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.


Air T  (NAS:AIRT) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS 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.

Air T's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=23.22/31.38
=0.74

* 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.


Air T Median PS Value Related Terms

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Air T (AIRT) Business Description

Traded in Other Exchanges
Address
11020 David Taylor Drive, Suite 305, Charlotte, NC, USA, 28262
Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, and Ground support services, Commercial jet engines and parts, Corporate and Other. It generates maximum revenue from the Overnight air cargo segment.
Executives
Raymond E Cabillot director, 10 percent owner 3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Peter B. Mcclung director 14101 SOUTHERN ROAD, GRANDVIEW MO 64030
Nicholas John Swenson 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Gary S Kohler director 5000 W 36TH STREET, SUITE 115, MINNEAPOLIS MN 55416
Seth G Barkett director 495 WEST MT. GARFIELD ROAD, NORTON SHORES MI 49441
Brett Reynolds officer: CFO 5000 W 36TH STREET, MINNEAPOLIS MN 55416
John A Reeves director 570 BALLYMOTE COURT, MATTHEWS NC 28104
Travis Jacob Swenson director 6016 EDEN PRAIRIE ROAD, MINNETONKA MN 55345
Air T Inc 10 percent owner 11020 DAVID TAYLOR DRIVE, SUITE 305, CHARLOTTE NC 28262
Koutsouvas Constantine officer: General Counsel AIR T, INC., 5000 WEST 36TH, SUITE 130, MINNEAPOLIS MN 55416
William R Foudray director 19192 POPLAR CIRCLE, EDEN PRAIRIE MN 55347
Biglari Capital Corp. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Sardar Biglari, 10 percent owner C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Lion Fund Ii, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Andrew Stumpf director 5444 CREEKMONTE DR., OAKLAND TWP MI 48306