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 Industries Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $15.713. Air Industries Group's 10-Year median PS Ratio is 0.5594. Therefore, the Median PS Value for today is $8.79.
As of today (2024-04-23), Air Industries Group's share price is $5.10. Air Industries Group's Median PS Value is $8.79. Therefore, Air Industries Group's Price to Median PS Value for today is 0.58.
The historical rank and industry rank for Air Industries Group's Median PS Value or its related term are showing as below:
AIRI'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.37 Med: 1.01 Max: 2.52
Current: 0.58
During the past 13 years, the highest Price to Median PS Value of Air Industries Group was 2.52. The lowest was 0.37. And the median was 1.01.
AIRI's Price-to-Median-PS-Value is ranked better than 83.23% of 167
companies
in the Aerospace & Defense industry
Industry Median: 1.18
vs AIRI: 0.58
Air Industries Group Median PS Value Historical Data
The historical data trend for Air Industries Group'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 Industries Group Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Median PS Value
9.13
9.39
11.61
9.88
8.79
Air Industries Group 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
9.88
9.95
9.76
9.35
8.79
Competitive Comparison
For the Aerospace & Defense subindustry, Air Industries Group'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 Industries Group Price-to-Median-PS-Value Distribution
For the Aerospace & Defense industry and Industrials sector, Air Industries Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Air Industries Group's Price-to-Median-PS-Value falls into.
Air Industries Group Median PS Value Calculation
Air Industries Group's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.5594.
Air Industries Group'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 $15.713.
* 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 Industries Group (AMEX:AIRI) 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 Industries Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
5.10
/
8.79
=
0.58
* 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 Industries Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Air Industries Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Air Industries Group (Air Industries Group) Business Description
Air Industries Group is an aerospace and defense company. Its manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components. The company also provides sheet metal fabrication of aerostructures, tube bending, and welding services. It reports into two segments namely Complex Machining, and Turbine Engine Components.
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