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. QEP Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2020 was $3.001. QEP Resources's 10-Year median PS Ratio is 1.5295. Therefore, the Median PS Value for today is $4.59.
As of today (2024-05-03), QEP Resources's share price is $4.08. QEP Resources's Median PS Value is $4.59. Therefore, QEP Resources's Price to Median PS Value for today is 0.89.
The historical rank and industry rank for QEP Resources's Median PS Value or its related term are showing as below:
QEP'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.47 Med: 0.47 Max: 0.89
Current: 0.89
During the past 13 years, the highest Price to Median PS Value of QEP Resources was 0.89. The lowest was 0.47. And the median was 0.47.
QEP's Price-to-Median-PS-Value is not ranked
in the Oil & Gas industry.
Industry Median: 0.88
vs QEP: 0.89
QEP Resources Median PS Value Historical Data
The historical data trend for QEP 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 QEP Resources's Median PS Value
For the Oil & Gas E&P subindustry, QEP 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.
QEP Resources's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, QEP Resources's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where QEP Resources's Price-to-Median-PS-Value falls into.
QEP Resources Median PS Value Calculation
QEP Resources's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.5295.
QEP Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.001.
* 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.
QEP Resources (NYSE:QEP) 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.
QEP Resources's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
4.08
/
4.59
=
0.89
* 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.
QEP Resources Median PS Value Related Terms
Thank you for viewing the detailed overview of QEP Resources's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
QEP Resources (QEP Resources) Business Description
QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.
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