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.
The historical rank and industry rank for Spirent Communications's Median PS Value or its related term are showing as below:
SPMYY'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.54 Med: 0.85 Max: 1.67
Current: 1.37
During the past 13 years, the highest Price to Median PS Value of Spirent Communications was 1.67. The lowest was 0.54. And the median was 0.85.
SPMYY's Price-to-Median-PS-Value is ranked worse than 73.41% of 1023
companies
in the Software industry
Industry Median: 0.96
vs SPMYY: 1.37
Spirent Communications Median PS Value Historical Data
The historical data trend for Spirent Communications'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 Spirent Communications's Median PS Value
For the Software - Infrastructure subindustry, Spirent Communications'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.
Spirent Communications's Price-to-Median-PS-Value Distribution in the Software Industry
For the Software industry and Technology sector, Spirent Communications's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Spirent Communications's Price-to-Median-PS-Value falls into.
Spirent Communications Median PS Value Calculation
10-Year Median PS Ratio is 2.1866.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spirent Communications's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.215.
* 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.
Spirent Communications (OTCPK:SPMYY) 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.
Spirent Communications's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
9.64
/
7.03
=
1.37
* 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.
Spirent Communications Median PS Value Related Terms
Thank you for viewing the detailed overview of Spirent Communications's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Spirent Communications (Spirent Communications) Business Description
Spirent Communications PLC provides communications technologies including networks, data centers, enterprise IT, mobile communications, connected vehicles or the Internet of Things. The company operates in Networks and Security and Lifecycle Service Assurance segments. The majority of the revenue is derived from the Networks and Security segment that comprises Cloud IP, Application Security and Positioning lines of business with the aim of addressing the needs of the lab test market for Ethernet, Virtual, Data Center, applications test and timing for critical infrastructure.
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