What is Major Drilling Group International Median PS Value?
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. Major Drilling Group International's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $6.481. Major Drilling Group International's 10-Year median PS Ratio is 1.4535. Therefore, the Median PS Value for today is $9.42.
As of today (2024-04-24), Major Drilling Group International's share price is $7.1404. Major Drilling Group International's Median PS Value is $9.42. Therefore, Major Drilling Group International's Price to Median PS Value for today is 0.76.
The historical rank and industry rank for Major Drilling Group International's Median PS Value or its related term are showing as below:
MJDLF'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.44 Med: 0.89 Max: 1.42
Current: 0.76
During the past 13 years, the highest Price to Median PS Value of Major Drilling Group International was 1.42. The lowest was 0.44. And the median was 0.89.
MJDLF's Price-to-Median-PS-Value is ranked better than 68.35% of 376
companies
in the Metals & Mining industry
Industry Median: 0.97
vs MJDLF: 0.76
Major Drilling Group International Median PS Value Historical Data
The historical data trend for Major Drilling Group International'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.
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Major Drilling Group International Median PS Value Chart
Competitive Comparison of Major Drilling Group International's Median PS Value
For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.
Major Drilling Group International's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International's Price-to-Median-PS-Value falls into.
Major Drilling Group International Median PS Value Calculation
Major Drilling Group International's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.4535.
Major Drilling Group International's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.481.
* 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.
Major Drilling Group International (OTCPK:MJDLF) 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.
Major Drilling Group International's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
7.1404
/
9.42
=
0.76
* 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.
Major Drilling Group International Median PS Value Related Terms
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Major Drilling Group International (Major Drilling Group International) Business Description
Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which most of its revenue comes from Canada - the United States.
Major Drilling Group International (Major Drilling Group International) Headlines
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