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. Axis Bank's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $14.866. Axis Bank's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-06-25), Axis Bank's share price is $0.00. Axis Bank's Median PS Value is $0.00. Therefore, Axis Bank's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Axis Bank's Median PS Value or its related term are showing as below:
AXBKY's Price-to-Median-PS-Value is not ranked *
in the Banks industry.
Industry Median: 0.86 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Axis Bank Median PS Value Historical Data
The historical data trend for Axis Bank'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 Axis Bank's Median PS Value
For the Banks - Regional subindustry, Axis Bank'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.
Axis Bank's Price-to-Median-PS-Value Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Axis Bank's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Axis Bank's Price-to-Median-PS-Value falls into.
Axis Bank Median PS Value Calculation
Axis Bank's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
Axis Bank's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.866.
* 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.
Axis Bank (OTCPK:AXBKY) 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.
Axis Bank's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.00
/
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.
Axis Bank Median PS Value Related Terms
Thank you for viewing the detailed overview of Axis Bank's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Axis Bank Ltd is a full-service bank operating mostly in India. The bank operates under four segments: treasury, corporate/wholesale banking, retail banking, and other banking. Treasury operations include security investments and derivative trading. Corporate/wholesale banking solutions include mid/large corporate relationships, corporate advisory, project appraisals, and syndication. Retail banking solutions include lending to individual/small businesses, savings accounts, debit and credit cards, ATMs and mobile banking, personal loans. Other banking operations include third-party product distribution and other banking transactions. A plurality of the bank's loan and advances comes from its corporate customers, while a plurality of its fee income comes from its retail customers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AXBKY has been successfully added to your 