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Platinum Asset Management (ASX:PTM) Median PS Value : A$3.21 (As of May. 23, 2024)


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What is Platinum Asset Management Median PS Value?

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. Platinum Asset Management's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.336. Platinum Asset Management's 10-Year median PS Ratio is 9.5536. Therefore, the Median PS Value for today is A$3.21.

As of today (2024-05-23), Platinum Asset Management's share price is A$1.05. Platinum Asset Management's Median PS Value is A$3.21. Therefore, Platinum Asset Management's Price to Median PS Value for today is 0.33.

The historical rank and industry rank for Platinum Asset Management's Median PS Value or its related term are showing as below:

ASX:PTM' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.33   Med: 0.79   Max: 1.09
Current: 0.33

During the past 13 years, the highest Price to Median PS Value of Platinum Asset Management was 1.09. The lowest was 0.33. And the median was 0.79.

ASX:PTM's Price-to-Median-PS-Value is ranked better than
90.49% of 305 companies
in the Asset Management industry
Industry Median: 0.98 vs ASX:PTM: 0.33

Platinum Asset Management Median PS Value Historical Data

The historical data trend for Platinum Asset Management'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.

Platinum Asset Management Median PS Value Chart

Platinum Asset Management Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 5.16 4.52 4.23 3.21

Platinum Asset Management Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Median PS Value Get a 7-Day Free Trial 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 - 4.23 - 3.21 -

Competitive Comparison of Platinum Asset Management's Median PS Value

For the Asset Management subindustry, Platinum Asset Management'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.


Platinum Asset Management's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Platinum Asset Management's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Platinum Asset Management's Price-to-Median-PS-Value falls into.



Platinum Asset Management Median PS Value Calculation

Platinum Asset Management's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.336*9.5536
=3.21

10-Year Median PS Ratio is 9.5536.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Platinum Asset Management's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.336.

* 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.


Platinum Asset Management  (ASX:PTM) 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.

Platinum Asset Management's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=1.05/3.21
=0.33

* 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.


Platinum Asset Management Median PS Value Related Terms

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Platinum Asset Management (ASX:PTM) Business Description

Traded in Other Exchanges
Address
Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.

Platinum Asset Management (ASX:PTM) Headlines