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Forge Innovation Development (Forge Innovation Development) Median PS Value : $0.00 (As of Jun. 22, 2024)


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What is Forge Innovation Development 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. Forge Innovation Development's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.012. Forge Innovation Development's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-06-22), Forge Innovation Development's share price is $1.26. Forge Innovation Development's Median PS Value is $0.00. Therefore, Forge Innovation Development's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Forge Innovation Development's Median PS Value or its related term are showing as below:

FGNV's Price-to-Median-PS-Value is not ranked *
in the Real Estate industry.
Industry Median: 0.85
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Forge Innovation Development Median PS Value Historical Data

The historical data trend for Forge Innovation Development'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.

Forge Innovation Development Median PS Value Chart

Forge Innovation Development Annual Data
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Forge Innovation Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Forge Innovation Development's Median PS Value

For the Real Estate Services subindustry, Forge Innovation Development'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.


Forge Innovation Development's Price-to-Median-PS-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Forge Innovation Development's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Forge Innovation Development's Price-to-Median-PS-Value falls into.



Forge Innovation Development Median PS Value Calculation

Forge Innovation Development's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.012*0
=0.00

10-Year Median PS Ratio is 0.
Forge Innovation Development'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 $0.012.

* 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.


Forge Innovation Development  (OTCPK:FGNV) 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.

Forge Innovation Development's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=1.26/0.00
=

* 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.


Forge Innovation Development Median PS Value Related Terms

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Forge Innovation Development (Forge Innovation Development) Business Description

Traded in Other Exchanges
N/A
Address
6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509
Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.

Forge Innovation Development (Forge Innovation Development) Headlines

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