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.
As of today (2024-04-27), Air New Zealand's share price is $0.33. Air New Zealand's Median PS Value is $0.61. Therefore, Air New Zealand's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Air New Zealand's Median PS Value or its related term are showing as below:
During the past 13 years, the highest Price to Median PS Value of Air New Zealand was 2.05. The lowest was 0.56. And the median was 1.34.
ANZFF's Price-to-Median-PS-Value is not ranked *
in the Transportation industry.
Industry Median: 0.97 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Air New Zealand Median PS Value Historical Data
The historical data trend for Air New Zealand'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 Air New Zealand's Median PS Value
For the Airlines subindustry, Air New Zealand'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.
Air New Zealand's Price-to-Median-PS-Value Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Air New Zealand's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Air New Zealand's Price-to-Median-PS-Value falls into.
Air New Zealand Median PS Value Calculation
Air New Zealand's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.4955.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.231.
* 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.
Air New Zealand (OTCPK:ANZFF) 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.
Air New Zealand's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.33
/
0.61
=
0.54
* 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.
Air New Zealand Median PS Value Related Terms
Thank you for viewing the detailed overview of Air New Zealand's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Air New Zealand (Air New Zealand) Business Description
Air New Zealand, majority owned by the New Zealand Government, provides air passenger and cargo transport services within New Zealand, as well as to and from Australia, the South-West Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market, with around 80% market share, although the majority of revenue is derived from international and trans-Tasman activity.
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