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. Noble Energy's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2020 was $8.108. Noble Energy's 10-Year median PS Ratio is 4.244. Therefore, the Median PS Value for today is $34.41.
As of today (2024-05-12), Noble Energy's share price is $8.46. Noble Energy's Median PS Value is $34.41. Therefore, Noble Energy's Price to Median PS Value for today is 0.25.
The historical rank and industry rank for Noble Energy's Median PS Value or its related term are showing as below:
NBL'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.25
Current: 0.25
During the past 13 years, the highest Price to Median PS Value of Noble Energy was 0.25. The lowest was 0.00. And the median was 0.00.
NBL's Price-to-Median-PS-Value is not ranked
in the Oil & Gas industry.
Industry Median: 0.9
vs NBL: 0.25
Noble Energy Median PS Value Historical Data
The historical data trend for Noble Energy'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 Noble Energy's Median PS Value
For the Oil & Gas E&P subindustry, Noble Energy'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.
Noble Energy's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Noble Energy's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Noble Energy's Price-to-Median-PS-Value falls into.
Noble Energy Median PS Value Calculation
Noble Energy's Median PS Value for today is calculated as
10-Year Median PS Ratio is 4.244.
Noble Energy's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.108.
* 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.
Noble Energy (NAS:NBL) 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.
Noble Energy's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
8.46
/
34.41
=
0.25
* 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.
Noble Energy Median PS Value Related Terms
Thank you for viewing the detailed overview of Noble Energy's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Noble Energy is an independent oil and gas producer with key assets in the U.S., Israel, and West Africa. At the end of 2019, the company reported net proven reserves of 2.05 billion barrels of oil equivalent. Net production averaged 361 thousand barrels of oil equivalent per day in 2019, at a ratio of 57% oil and natural gas liquids and 43% natural gas.
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