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. Nortech Systems's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $48.281. Nortech Systems's 10-Year median PS Ratio is 0.1094. Therefore, the Median PS Value for today is $5.28.
As of today (2024-04-24), Nortech Systems's share price is $17.35. Nortech Systems's Median PS Value is $5.28. Therefore, Nortech Systems's Price to Median PS Value for today is 3.29.
The historical rank and industry rank for Nortech Systems's Median PS Value or its related term are showing as below:
NSYS'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.79 Med: 1.14 Max: 3.34
Current: 3.29
During the past 13 years, the highest Price to Median PS Value of Nortech Systems was 3.34. The lowest was 0.79. And the median was 1.14.
NSYS's Price-to-Median-PS-Value is ranked worse than 96.47% of 312
companies
in the Medical Devices & Instruments industry
Industry Median: 0.79
vs NSYS: 3.29
Nortech Systems Median PS Value Historical Data
The historical data trend for Nortech Systems'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.
For the Medical Devices subindustry, Nortech Systems'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.
Nortech Systems Price-to-Median-PS-Value Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Nortech Systems's Price-to-Median-PS-Value falls into.
Nortech Systems Median PS Value Calculation
Nortech Systems's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.1094.
Nortech Systems'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 $48.281.
* 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.
Nortech Systems (NAS:NSYS) 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.
Nortech Systems's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
17.35
/
5.28
=
3.29
* 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.
Nortech Systems Median PS Value Related Terms
Thank you for viewing the detailed overview of Nortech Systems's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Nortech Systems (Nortech Systems) Business Description
Nortech Systems Inc is a United States-based electronic manufacturing services company. It offers value-added engineering, technical and manufacturing services and support including project management, design, testing, prototyping, manufacturing, supply chain management, and post-market services. The company's manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electro-mechanical assemblies. It operates in the Medical, Aerospace, Defense and Industrial markets with key revenue coming from Medical device and product manufacturing and related engineering services.
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