GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McGrath RentCorp (NAS:MGRC) » Definitions » Median PS Value

McGrath RentCorp (McGrath RentCorp) Median PS Value

: $91.62 (As of Today)
View and export this data going back to 1984. Start your Free Trial

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. McGrath RentCorp's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $33.915. McGrath RentCorp's 10-Year median PS Ratio is 2.7015. Therefore, the Median PS Value for today is $91.62.

As of today (2024-04-16), McGrath RentCorp's share price is $112.05. McGrath RentCorp's Median PS Value is $91.62. Therefore, McGrath RentCorp's Price to Median PS Value for today is 1.22.

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

MGRC' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.72   Med: 1.24   Max: 1.55
Current: 1.22

During the past 13 years, the highest Price to Median PS Value of McGrath RentCorp was 1.55. The lowest was 0.72. And the median was 1.24.

MGRC's Price-to-Median-PS-Value is ranked worse than
71.98% of 514 companies
in the Business Services industry
Industry Median: 0.95 vs MGRC: 1.22

McGrath RentCorp Median PS Value Historical Data

The historical data trend for McGrath RentCorp'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.

McGrath RentCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.18 52.99 51.62 65.26 91.62

McGrath RentCorp 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 65.26 70.15 76.33 85.29 91.62

Competitive Comparison

For the Rental & Leasing Services subindustry, McGrath RentCorp'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.


McGrath RentCorp Price-to-Median-PS-Value Distribution

For the Business Services industry and Industrials sector, McGrath RentCorp's Price-to-Median-PS-Value distribution charts can be found below:

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



McGrath RentCorp Median PS Value Calculation

McGrath RentCorp's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=33.915*2.7015
=91.62

10-Year Median PS Ratio is 2.7015.
McGrath RentCorp'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 $33.915.

* 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.


McGrath RentCorp  (NAS:MGRC) 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.

McGrath RentCorp's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=112.05/91.62
=1.22

* 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.


McGrath RentCorp Median PS Value Related Terms

Thank you for viewing the detailed overview of McGrath RentCorp's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


McGrath RentCorp (McGrath RentCorp) Business Description

Traded in Other Exchanges
Address
5700 Las Positas Road, Livermore, CA, USA, 94551-7800
McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.
Executives
Trease Kristina Van officer: VP & Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
David M Whitney officer: VP, Controller, PAO 5700 LOS POSITAS ROAD, LIVERMORE CA 94551
Elizabeth A Fetter director 1400 MARINA WAY SOUTH, RICHMOND CA 94804
Philip B Hawkins officer: VP & Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Tara Wescott officer: Vice President Human Resources C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
John Lieffrig officer: VP & Division Manager C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
John P Skenesky officer: VP and Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Gilda Malek officer: VP, Legal General Counsel C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Dennis P Stradford director
Kimberly Ann Box director 7157 TREELINE CT., GRANITE BAY CA 95746
Nicolas C Anderson director 3100 ZINFANDEL DRIVE, STE. 450, RANCHO CORDOVA CA 95670
Stuart Templeton Porter officer: VP & Division Manager C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Kay Dashner officer: Senior Human Resources Advisor 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Morris Richard Smith director 1225 17TH STREET, SUITE 1300, DENVER CO 80202
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708

McGrath RentCorp (McGrath RentCorp) Headlines