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. Ingles Markets's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $309.599. Ingles Markets's 10-Year median PS Ratio is 0.2085. Therefore, the Median PS Value for today is $64.55.
As of today (2024-04-26), Ingles Markets's share price is $72.86. Ingles Markets's Median PS Value is $64.55. Therefore, Ingles Markets's Price to Median PS Value for today is 1.13.
The historical rank and industry rank for Ingles Markets's Median PS Value or its related term are showing as below:
IMKTA'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.89 Med: 1.35 Max: 1.88
Current: 1.13
During the past 13 years, the highest Price to Median PS Value of Ingles Markets was 1.88. The lowest was 0.89. And the median was 1.35.
IMKTA's Price-to-Median-PS-Value is ranked worse than 61.58% of 190
companies
in the Retail - Defensive industry
Industry Median: 0.98
vs IMKTA: 1.13
Ingles Markets Median PS Value Historical Data
The historical data trend for Ingles Markets'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 Ingles Markets's Median PS Value
For the Grocery Stores subindustry, Ingles Markets'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.
Ingles Markets's Price-to-Median-PS-Value Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Ingles Markets's Price-to-Median-PS-Value falls into.
Ingles Markets Median PS Value Calculation
Ingles Markets's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.2085.
Ingles Markets'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 $309.599.
* 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.
Ingles Markets (NAS:IMKTA) 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.
Ingles Markets's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
72.86
/
64.55
=
1.13
* 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.
Ingles Markets Median PS Value Related Terms
Thank you for viewing the detailed overview of Ingles Markets's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Ingles Markets (Ingles Markets) Business Description
Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.
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