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. Norsk Hydro ASA's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $8.956. Norsk Hydro ASA's 10-Year median PS Ratio is 0.766. Therefore, the Median PS Value for today is $6.86.
As of today (2024-04-24), Norsk Hydro ASA's share price is $5.965. Norsk Hydro ASA's Median PS Value is $6.86. Therefore, Norsk Hydro ASA's Price to Median PS Value for today is 0.87.
The historical rank and industry rank for Norsk Hydro ASA's Median PS Value or its related term are showing as below:
NHYKF'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.55 Med: 0.96 Max: 1.6
Current: 0.87
During the past 13 years, the highest Price to Median PS Value of Norsk Hydro ASA was 1.60. The lowest was 0.55. And the median was 0.96.
NHYKF's Price-to-Median-PS-Value is ranked better than 53.99% of 376
companies
in the Metals & Mining industry
Industry Median: 0.97
vs NHYKF: 0.87
Norsk Hydro ASA Median PS Value Historical Data
The historical data trend for Norsk Hydro ASA'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 Norsk Hydro ASA's Median PS Value
For the Aluminum subindustry, Norsk Hydro ASA'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.
Norsk Hydro ASA's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA's Price-to-Median-PS-Value falls into.
Norsk Hydro ASA Median PS Value Calculation
Norsk Hydro ASA's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.766.
Norsk Hydro ASA'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 $8.956.
* 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.
Norsk Hydro ASA (OTCPK:NHYKF) 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.
Norsk Hydro ASA's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
5.965
/
6.86
=
0.87
* 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.
Norsk Hydro ASA Median PS Value Related Terms
Thank you for viewing the detailed overview of Norsk Hydro ASA's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Norsk Hydro ASA (Norsk Hydro ASA) Business Description
Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, and Hydro Energy, as well as the Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. Hydro Extrusions are present in about 40 countries. It is delivered to sectors such as construction, automotive and heating, etc. Key revenue comes from the Hydro Extrusions segment.
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