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. Tractor Supply Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $132.648. Tractor Supply Co's 10-Year median PS Ratio is 1.7062. Therefore, the Median PS Value for today is $226.32.
As of today (2024-04-24), Tractor Supply Co's share price is $258.13. Tractor Supply Co's Median PS Value is $226.32. Therefore, Tractor Supply Co's Price to Median PS Value for today is 1.14.
The historical rank and industry rank for Tractor Supply Co's Median PS Value or its related term are showing as below:
TSCO'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.9 Med: 1.01 Max: 1.85
Current: 1.14
During the past 13 years, the highest Price to Median PS Value of Tractor Supply Co was 1.85. The lowest was 0.90. And the median was 1.01.
TSCO's Price-to-Median-PS-Value is ranked worse than 64.61% of 616
companies
in the Retail - Cyclical industry
Industry Median: 0.94
vs TSCO: 1.14
Tractor Supply Co Median PS Value Historical Data
The historical data trend for Tractor Supply Co'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 Tractor Supply Co's Median PS Value
For the Specialty Retail subindustry, Tractor Supply Co'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.
Tractor Supply Co's Price-to-Median-PS-Value Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tractor Supply Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Tractor Supply Co's Price-to-Median-PS-Value falls into.
Tractor Supply Co Median PS Value Calculation
Tractor Supply Co's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.7062.
Tractor Supply Co'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 $132.648.
* 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.
Tractor Supply Co (NAS:TSCO) 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.
Tractor Supply Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
258.13
/
226.32
=
1.14
* 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.
Tractor Supply Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Tractor Supply Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Tractor Supply Co (Tractor Supply Co) Business Description
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,198 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (to be converted to Tractor Supply banners), along with 195 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2022, revenue consisted primarily of livestock and pet (50%), hardware, tools, and truck (19%), and seasonal gift and toy (21%).
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