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Reed's (Reed's) Median PS Value

: $15.02 (As of Today)
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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. Reed's's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $13.073. Reed's's 10-Year median PS Ratio is 1.1489. Therefore, the Median PS Value for today is $15.02.

As of today (2024-04-19), Reed's's share price is $1.83. Reed's's Median PS Value is $15.02. Therefore, Reed's's Price to Median PS Value for today is 0.12.

The historical rank and industry rank for Reed's's Median PS Value or its related term are showing as below:

REED' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.1   Med: 0.57   Max: 1.09
Current: 0.12

During the past 13 years, the highest Price to Median PS Value of Reed's was 1.09. The lowest was 0.10. And the median was 0.57.

REED's Price-to-Median-PS-Value is ranked better than
95.16% of 62 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.965 vs REED: 0.12

Reed's Median PS Value Historical Data

The historical data trend for Reed's'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.

* Premium members only.

Reed's Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.33 45.68 37.45 29.36 15.02

Reed's Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.36 26.13 21.98 18.57 15.02

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Reed's'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.


Reed's Price-to-Median-PS-Value Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Reed's's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Reed's's Price-to-Median-PS-Value falls into.



Reed's Median PS Value Calculation

Reed's's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=13.073*1.1489
=15.02

10-Year Median PS Ratio is 1.1489.
Reed's'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 $13.073.

* 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.


Reed's  (OTCPK:REED) 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.

Reed's's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=1.83/15.02
=0.12

* 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.


Reed's Median PS Value Related Terms

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Reed's (Reed's) Business Description

Traded in Other Exchanges
N/A
Address
201 Merritt 7, Norwalk, CT, USA, 06851
Reed's Inc sells Ginger Beer brand. The company's portfolio of handcrafted, all-natural beverages is sold in over 45,000 outlets nationwide including the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores, and on-premise locations including bars and restaurants. The company's two core brands are Reed's, which includes Reed's Craft Ginger Beer, Reed's Real Ginger Ale, Reed's Mules, and Reed's Hard Ginger Ale; and Virgil's Handcrafted sodas.
Executives
John Bello director 201 MERRITT 7 CORPORATE PARK, NORWALK CT 06851
Shufen Deng 10 percent owner ROOMS 3006-07, CHINA RESOURCES BUILDING, 26 HARBOUR ROAD, WANCHAI, HONG KONG K3 000000
D&d Source Of Life Holding Ltd. 10 percent owner ROOMS 3006-07, CHINA RESOURCES BUILDING, 26 HARBOUR ROAD, WANCHAI, HONG KONG K3 000000
Union Square Park Capital Management, Llc director, 10 percent owner, other: See Remarks 1120 AVENUE OF THE AMERICAS, SUITE 1512, NEW YORK NY 10036
Christopher Scott Burleson officer: CCO 6527 LEDERER AVE, WEST HILLS CA 91307
Thomas Wayne Kosler director 39919 N. 102ND ST, SCOTTSDALE AZ 85262
Leon Michael Zaltzman director, 10 percent owner, other: See Remarks 1120 AVENUE OF THE AMERICAS, FLOOR 15, NEW YORK NY 10036
Union Square Park Gp, Llc director, 10 percent owner, other: See Remarks 1120 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036
Union Square Park Partners, Lp director, 10 percent owner, other: See Remarks 1251 AVENUE OF THE AMERICAS, 34TH FLOOR, NEW YORK NY 10020
Rhonda Kallman director 42 BROOK STREET, SCITUATE MA 02066
Thomas J. Spisak officer: CFO 201 MERRITT 7, NORWALK CT 06851
Snyder Norman E. Jr. officer: COO 88 GREY ROCKS ROAD, WILTON CT 06897
Richard H. Hubli officer: COO 36 ROCKHOUSE ROAD, WILTON CT 06897
Joann Christine Tinnelly officer: INTERIM CFO 11/22/19 -12/1/19 19 NORTON LANE, OLD GREENWICH CT 06870
Lewis Jaffe director 201 MERRITT 7 CORPORATE PARK, NORWALK CT 06851