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. Hennessy Advisors's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.149. Hennessy Advisors's 10-Year median PS Ratio is 2.3214. Therefore, the Median PS Value for today is $7.31.
As of today (2024-04-25), Hennessy Advisors's share price is $6.71. Hennessy Advisors's Median PS Value is $7.31. Therefore, Hennessy Advisors's Price to Median PS Value for today is 0.92.
The historical rank and industry rank for Hennessy Advisors's Median PS Value or its related term are showing as below:
HNNA'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.58 Med: 0.92 Max: 1.28
Current: 0.92
During the past 13 years, the highest Price to Median PS Value of Hennessy Advisors was 1.28. The lowest was 0.58. And the median was 0.92.
HNNA's Price-to-Median-PS-Value is ranked better than 50.64% of 312
companies
in the Asset Management industry
Industry Median: 0.925
vs HNNA: 0.92
Hennessy Advisors Median PS Value Historical Data
The historical data trend for Hennessy Advisors'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.
Competitive Comparison of Hennessy Advisors's Median PS Value
For the Asset Management subindustry, Hennessy Advisors'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.
Hennessy Advisors's Price-to-Median-PS-Value Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Hennessy Advisors's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Hennessy Advisors's Price-to-Median-PS-Value falls into.
Hennessy Advisors Median PS Value Calculation
Hennessy Advisors's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.3214.
Hennessy Advisors'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 $3.149.
* 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.
Hennessy Advisors (NAS:HNNA) 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.
Hennessy Advisors's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
6.71
/
7.31
=
0.92
* 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.
Hennessy Advisors Median PS Value Related Terms
Thank you for viewing the detailed overview of Hennessy Advisors's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Hennessy Advisors (Hennessy Advisors) Business Description
Hennessy Advisors Inc is an investment management company, engaged in the managing and marketing of open-end mutual funds branded as the Hennessy Funds. It offers domestic equity, sectors, and specialty, balanced and fixed income products. It provides investment advisory services and shareholder services to the Hennessy Funds. Its investment advisory services include managing the composition of each fund's portfolio, including the purchase, retention, and disposition of portfolio securities in accordance with the Fund's investment objectives, policies, and restrictions; conducting investment research, and monitoring compliance with each fund's investment restrictions and applicable laws and regulations.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HNNA has been successfully added to your 