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Ashley Services Group (ASX:ASH) Median PS Value : A$0.00 (As of May. 15, 2024)


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What is Ashley Services Group Median PS Value?

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. Ashley Services Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$3.86. Ashley Services Group's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is A$0.00.

As of today (2024-05-15), Ashley Services Group's share price is A$0.24. Ashley Services Group's Median PS Value is A$0.00. Therefore, Ashley Services Group's Price to Median PS Value for today is 0.00.

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

ASX:ASH's Price-to-Median-PS-Value is not ranked *
in the Business Services industry.
Industry Median: 0.96
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Ashley Services Group Median PS Value Historical Data

The historical data trend for Ashley Services 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.

* Premium members only.

Ashley Services Group Median PS Value Chart

Ashley Services Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Median PS Value
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Ashley Services Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Ashley Services Group's Median PS Value

For the Staffing & Employment Services subindustry, Ashley Services 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.


Ashley Services Group's Price-to-Median-PS-Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashley Services Group's Price-to-Median-PS-Value distribution charts can be found below:

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



Ashley Services Group Median PS Value Calculation

Ashley Services Group's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=3.86*0
=0.00

10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ashley Services Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$3.86.

* 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.


Ashley Services Group  (ASX:ASH) 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.

Ashley Services Group's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.24/0.00
=

* 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.


Ashley Services Group Median PS Value Related Terms

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Ashley Services Group (ASX:ASH) Business Description

Traded in Other Exchanges
N/A
Address
92 Pitt Street, Level 10, Sydney, NSW, AUS, 2000
Ashley Services Group Ltd is engaged in staffing services. The group operates in two operating segments namely Labour hire and Training. The group derives maximum revenue from providing labour-hire services. In labour-hire division, the company has candidates who are able to start work within one hour of the request and run a year-round national operation with dedicated after-hours in-house consultants. Its labour-hire brands to include Action Workforce and Concept Engineering. The organization operates in Australia.