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. PrimeEnergy Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $47.138. PrimeEnergy Resources's 10-Year median PS Ratio is 1.9685. Therefore, the Median PS Value for today is $92.79.
As of today (2024-04-25), PrimeEnergy Resources's share price is $100.70. PrimeEnergy Resources's Median PS Value is $92.79. Therefore, PrimeEnergy Resources's Price to Median PS Value for today is 1.09.
The historical rank and industry rank for PrimeEnergy Resources's Median PS Value or its related term are showing as below:
PNRG'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.9 Med: 1.25 Max: 2.72
Current: 1.09
During the past 13 years, the highest Price to Median PS Value of PrimeEnergy Resources was 2.72. The lowest was 0.90. And the median was 1.25.
PNRG's Price-to-Median-PS-Value is ranked worse than 65.49% of 568
companies
in the Oil & Gas industry
Industry Median: 0.875
vs PNRG: 1.09
PrimeEnergy Resources Median PS Value Historical Data
The historical data trend for PrimeEnergy Resources'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 PrimeEnergy Resources's Median PS Value
For the Oil & Gas E&P subindustry, PrimeEnergy Resources'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.
PrimeEnergy Resources's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PrimeEnergy Resources's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where PrimeEnergy Resources's Price-to-Median-PS-Value falls into.
PrimeEnergy Resources Median PS Value Calculation
PrimeEnergy Resources's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.9685.
PrimeEnergy Resources'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 $47.138.
* 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.
PrimeEnergy Resources (NAS:PNRG) 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.
PrimeEnergy Resources's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
100.70
/
92.79
=
1.09
* 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.
PrimeEnergy Resources Median PS Value Related Terms
Thank you for viewing the detailed overview of PrimeEnergy Resources's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
PrimeEnergy Resources (PrimeEnergy Resources) Business Description
PrimeEnergy Resources Corp is an independent oil and natural gas company that is engaged in acquiring, developing, and producing oil and natural gas. It owns producing and non-producing properties located in Texas and Oklahoma. The company's business activities include development and exploratory drilling and provide well servicing support operations for many of the onshore oil and gas wells through its subsidiaries. It is also active in the acquisition of producing oil and gas properties through joint ventures with industry partners.
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