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Copart Inc (NAS:CPRT)
Median P/S Value
$37.60 (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. Copart Inc's revenue per share for the trailing twelve months (TTM) ended in Oct. 2014 was $8.93. Copart Inc's 10-Year median P/S ratio is 4.21. Therefore, the Median P/S Value for today is $37.60.

As of today, Copart Inc's share price is $36.74. Copart Inc's median P/S value is $37.60. Therefore, Copart Inc's Price to Median P/S Value Ratio for today is 1.00.

CPRT' s 10-Year Price to Median P/S Value Range
Min: 0.28   Max: 1.64
Current: 1

0.28
1.64

During the past 13 years, the highest Price to Median P/S Value Ratio of Copart Inc was 1.64. The lowest was 0.28. And the median was 0.95.

CPRT's Price to Median P/S Value is ranked higher than
80% of the 1427 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 1.19 vs. CPRT: 1.00 )

Definition

Copart 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
=8.93*4.21
=37.60

10-Year Median P/S Ratio is 4.21.
Copart Inc's revenue per share for the trailing twelve months (TTM) ended in Oct. 2014 was 2.18 (Jan. 2014 ) + 2.36 (Apr. 2014 ) + 2.18 (Jul. 2014 ) + 2.21 (Oct. 2014 ) = $8.93.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.

Copart 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
=36.74/37.60
=0.98

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Intrinsic Value (DCF Projected), Intrinsic Value (DCF), Intrinsic Value (DE), Graham Number, GAVA


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Copart Inc Annual Data

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
medpsvalue 10.1912.0012.6718.4418.4419.1124.2529.6033.9737.30

Copart Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
medpsvalue 29.6030.3131.7032.8033.9735.1535.6636.6337.3037.60
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