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.
The historical rank and industry rank for TriCo Bancshares's Median PS Value or its related term are showing as below:
TCBK'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.75 Med: 1.23 Max: 1.57
Current: 0.75
During the past 13 years, the highest Price to Median PS Value of TriCo Bancshares was 1.57. The lowest was 0.75. And the median was 1.23.
TCBK's Price-to-Median-PS-Value is ranked better than 65.3% of 951
companies
in the Banks industry
Industry Median: 0.85
vs TCBK: 0.75
TriCo Bancshares Median PS Value Historical Data
The historical data trend for TriCo Bancshares'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 TriCo Bancshares's Median PS Value
For the Banks - Regional subindustry, TriCo Bancshares'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.
TriCo Bancshares's Price-to-Median-PS-Value Distribution in the Banks Industry
For the Banks industry and Financial Services sector, TriCo Bancshares's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where TriCo Bancshares's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.7232.
TriCo Bancshares'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 $12.132.
* 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.
TriCo Bancshares (NAS:TCBK) 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.
TriCo Bancshares's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
34.01
/
45.17
=
0.75
* 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.
TriCo Bancshares Median PS Value Related Terms
Thank you for viewing the detailed overview of TriCo Bancshares's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
TriCo Bancshares (TriCo Bancshares) Business Description
TriCo Bancshares is a California corporation organized to act as a bank holding company for Tri Counties Bank. The Bank is a California-chartered bank that is engaged in the general commercial and retail banking business in California counties. The Bank provides a breadth of personal, small business and commercial financial services including accepting demand, savings and time deposits and making small business, commercial, real estate, and consumer loans, as well as a range of Treasury Management Services and other customary banking services including safe deposit boxes at some branches. The company's primary source of revenue is the net interest income.
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