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. TOP Ships's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $23.961. TOP Ships's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-05-11), TOP Ships's share price is $12.5132. TOP Ships's Median PS Value is $0.00. Therefore, TOP Ships's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for TOP Ships's Median PS Value or its related term are showing as below:
TOPS's Price-to-Median-PS-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 0.9 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
TOP Ships Median PS Value Historical Data
The historical data trend for TOP Ships'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 TOP Ships's Median PS Value
For the Oil & Gas Midstream subindustry, TOP Ships'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.
TOP Ships's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TOP Ships's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where TOP Ships's Price-to-Median-PS-Value falls into.
TOP Ships Median PS Value Calculation
TOP Ships's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TOP Ships's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $23.961.
* 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.
TOP Ships (AMEX:TOPS) 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.
TOP Ships's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
12.5132
/
0.00
=
* 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.
TOP Ships Median PS Value Related Terms
Thank you for viewing the detailed overview of TOP Ships's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
TOP Ships Inc owns tanker vessels throughout the world. The company focuses on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. It generates revenue from the Time Charter agreements.
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