Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Horizon Bancorp (IN)FRA:4WC -9.83%36 Median PS Value is €-2.08 as of Aug. 21, 2026. GuruFocus rates FRA:4WC with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 1,056 Banks companies, Horizon Bancorp (IN) ranks worse than 94696.88% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median 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 Horizon Bancorp (IN)'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 Horizon Bancorp (IN) was 2.51. The lowest was 0.60. And the median was 1.21.
FRA:4WC's Price-to-Median-PS-Value is not ranked *
in the Banks industry.
Industry Median: 1.11 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Horizon Bancorp (IN) (FRA:4WC) 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.
Horizon Bancorp (IN)'s Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
15.60
/
-2.08
=
* 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.
Horizon Bancorp (IN) Median PS Value Related Terms
Horizon Bancorp (IN) Median PS Value Historical Data
* Premium members only.
The historical data trend for Horizon Bancorp (IN)'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.
FRA:4WC vs CCNE, EQBK, ESQ: Median PS Value Comparison
For the Banks - Regional subindustry, Horizon Bancorp (IN)'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.
Horizon Bancorp (IN) Price-to-Median-PS-Value vs Banks Industry
For the Banks industry and Financial Services sector, Horizon Bancorp (IN)'s Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Horizon Bancorp (IN)'s Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.5739.
Horizon Bancorp (IN)'s Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.582.
* 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.
Horizon Bancorp (IN) (FRA:4WC) has a Median PS Value of €-2.08 as of Aug. 21, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Horizon Bancorp (IN) and its competitors. Over the past decade, Horizon Bancorp (IN)'s Median PS Value has ranged from 0.60 to 2.51. According to the industry distribution chart, Horizon Bancorp (IN) ranks #999999 out of 1056 companies in the Banks industry.
Is Horizon Bancorp (IN)'s Median PS Value too high?
Horizon Bancorp (IN)'s current Median PS Value is €-2.08. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.51. Based on the distribution chart, Horizon Bancorp (IN) ranks #999999 out of 1056 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Horizon Bancorp (IN) has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Bancorp (IN)'s Median PS Value compare to CCNE and EQBK?
According to the Banks industry distribution chart, Horizon Bancorp (IN) ranks #999999 out of 1056 companies for Median PS Value. This places Horizon Bancorp (IN) in the lower half of its industry. The industry median Median PS Value is 1.11. Historically, Horizon Bancorp (IN)'s own Median PS Value has ranged from 0.60 to 2.51 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Banks company?
The median Median PS Value among Banks companies is 1.11, based on 1,056 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Horizon Bancorp (IN) and its competitors. For the Banks industry, the median Median PS Value is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Bancorp (IN)'s current Median PS Value is €-2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Bancorp (IN) stock overvalued right now?
Horizon Bancorp (IN) (FRA:4WC) has a current Median PS Value of €-2.08. The current Median PS Value is €-2.08. Horizon Bancorp (IN)'s overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Horizon Bancorp (IN) (FRA:4WC), the current Median PS Value is €-2.08 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. The company has one principal business segment, commercial banking.
36GF Score
Get the complete analysis for FRA:4WC
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:4WC has been successfully added to your 
