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. Smiths Group's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $11.152. Smiths Group's 10-Year median PS Ratio is 2.0588. Therefore, the Median PS Value for today is $22.96.
As of today (2024-04-24), Smiths Group's share price is $19.98. Smiths Group's Median PS Value is $22.96. Therefore, Smiths Group's Price to Median PS Value for today is 0.87.
The historical rank and industry rank for Smiths Group's Median PS Value or its related term are showing as below:
SMGZY'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.87 Med: 1.19 Max: 1.72
Current: 0.87
During the past 13 years, the highest Price to Median PS Value of Smiths Group was 1.72. The lowest was 0.87. And the median was 1.19.
SMGZY's Price-to-Median-PS-Value is ranked better than 62.21% of 1556
companies
in the Industrial Products industry
Industry Median: 1.02
vs SMGZY: 0.87
Smiths Group Median PS Value Historical Data
The historical data trend for Smiths Group'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 Smiths Group's Median PS Value
For the Specialty Industrial Machinery subindustry, Smiths Group'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.
Smiths Group's Price-to-Median-PS-Value Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Smiths Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Smiths Group's Price-to-Median-PS-Value falls into.
Smiths Group Median PS Value Calculation
Smiths Group's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.0588.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smiths Group's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $11.152.
* 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.
Smiths Group (OTCPK:SMGZY) 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.
Smiths Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
19.98
/
22.96
=
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.
Smiths Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Smiths Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
With its start as a London jeweler in the 19th century, Smiths Group has for most of its history operated as a company operating disparate but economically attractive businesses. Thematically, it runs businesses that manufacture niche products in security- or safety-sensitive industries. Today, the business is split across four divisions: mechanical seals, weapons detection, electrical connectors, and specialized hoses. The end customers for these products include airports, NASA, government security or defense departments, and hospitals.
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