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 Southwest Gas Holdings's Median PS Value or its related term are showing as below:
SWX'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.64 Med: 1.09 Max: 1.79
Current: 0.78
During the past 13 years, the highest Price to Median PS Value of Southwest Gas Holdings was 1.79. The lowest was 0.64. And the median was 1.09.
SWX's Price-to-Median-PS-Value is ranked better than 56.91% of 362
companies
in the Utilities - Regulated industry
Industry Median: 0.84
vs SWX: 0.78
Southwest Gas Holdings Median PS Value Historical Data
The historical data trend for Southwest Gas Holdings'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 Southwest Gas Holdings's Median PS Value
For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings'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.
Southwest Gas Holdings's Price-to-Median-PS-Value Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Southwest Gas Holdings's Price-to-Median-PS-Value falls into.
Southwest Gas Holdings Median PS Value Calculation
10-Year Median PS Ratio is 1.2653.
Southwest Gas Holdings'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 $76.759.
* 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.
Southwest Gas Holdings (NYSE:SWX) 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.
Southwest Gas Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
75.95
/
97.12
=
0.78
* 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.
Southwest Gas Holdings Median PS Value Related Terms
Thank you for viewing the detailed overview of Southwest Gas Holdings's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Southwest Gas Holdings (Southwest Gas Holdings) Business Description
Southwest Gas Holdings Inc is a utility company primarily engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas operations and Utility Infrastructure Services units. The first of these encompasses the company's core natural gas business as one of the largest distributors in the states of Arizona and Nevada. The natural gas operations division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company's total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.
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