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Hovnanian Enterprises (Hovnanian Enterprises) Median PS Value : $52.72 (As of Apr. 25, 2024)


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What is Hovnanian Enterprises 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. Hovnanian Enterprises's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $423.13. Hovnanian Enterprises's 10-Year median PS Ratio is 0.1246. Therefore, the Median PS Value for today is $52.72.

As of today (2024-04-25), Hovnanian Enterprises's share price is $141.07. Hovnanian Enterprises's Median PS Value is $52.72. Therefore, Hovnanian Enterprises's Price to Median PS Value for today is 2.71.

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

HOV' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.11   Med: 0.74   Max: 3.21
Current: 2.71

During the past 13 years, the highest Price to Median PS Value of Hovnanian Enterprises was 3.21. The lowest was 0.11. And the median was 0.74.

HOV's Price-to-Median-PS-Value is ranked worse than
93.65% of 63 companies
in the Homebuilding & Construction industry
Industry Median: 1.09 vs HOV: 2.71

Hovnanian Enterprises Median PS Value Historical Data

The historical data trend for Hovnanian Enterprises'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.

Hovnanian Enterprises Median PS Value Chart

Hovnanian Enterprises Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.32 47.31 59.89 54.74 51.98

Hovnanian Enterprises Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 53.01 52.98 50.44 51.98 52.72

Competitive Comparison of Hovnanian Enterprises's Median PS Value

For the Residential Construction subindustry, Hovnanian Enterprises'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.


Hovnanian Enterprises's Price-to-Median-PS-Value Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Hovnanian Enterprises's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Hovnanian Enterprises's Price-to-Median-PS-Value falls into.



Hovnanian Enterprises Median PS Value Calculation

Hovnanian Enterprises's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=423.13*0.1246
=52.72

10-Year Median PS Ratio is 0.1246.
Hovnanian Enterprises's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $423.13.

* 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.


Hovnanian Enterprises  (NYSE:HOV) 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.

Hovnanian Enterprises's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=141.07/52.72
=2.68

* 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.


Hovnanian Enterprises Median PS Value Related Terms

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Hovnanian Enterprises (Hovnanian Enterprises) Business Description

Traded in Other Exchanges
Address
90 Matawan Road, Fifth Floor, Matawan, NJ, USA, 07747
Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments; Northeast which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; Southeast which includes Florida, Georgia and South Carolina; and West which includes Arizona, California and Texas. The firm generates maximum revenue from West Segment.
Executives
Vincent Jr Pagano director 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Ara K Hovnanian director, 10 percent owner, officer: Chairman of Bd., Pres. & CEO 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Edward A Kangas director 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
J Larry Sorsby director, officer: Exec. VP and CFO 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Miriam Hernandez-kakol director 90 MATAWAN ROAD, 5TH FLOOR, MATAWAN NJ 07747
Park West Asset Management Llc 10 percent owner 1 LETTERMAN DRIVE, SUITE C5-900, SAN FRANCISCO CA 94129
Hovnanian Family 2012 L.l.c. 10 percent owner C/O ARA K. HOVNANIAN, 110 WEST FRONT STREET, P.O. BOX 500, RED BANK NJ 07701
Robin Stone Sellers director 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Lucian T. Smith officer: Chief Operating Officer 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Executors Of The Estate Of Kevork S. Hovnanian, Deceased 10 percent owner 425 LEXINGTON AVENUE, NEW YORK NY 10017
Thomas J. Pellerito officer: Chief Operating Officer 110 WEST FRONT STREET, RED BANK NJ 07701
Joseph A Marengi director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Brad G O'connor officer: VP & Chief Accounting Officer 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Paul W Buchanan officer: SVP Corporate Controller 10 HIGHWAY 35, P O BOX 500, RED BANK NJ 07701
Peter S Reinhart officer: Sr. VP/General Counsel 10 HIGHWAY 35, P O BOX 500, RED BANK NJ 07701