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HRTG (Heritage Insurance Holdings) Median PS Value : $20.32 (As of Dec. 15, 2024)


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What is Heritage Insurance Holdings 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. Heritage Insurance Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $26.713. Heritage Insurance Holdings's 10-Year median PS Ratio is 0.7607. Therefore, the Median PS Value for today is $20.32.

As of today (2024-12-15), Heritage Insurance Holdings's share price is $12.58. Heritage Insurance Holdings's Median PS Value is $20.32. Therefore, Heritage Insurance Holdings's Price to Median PS Value for today is 0.62.

The historical rank and industry rank for Heritage Insurance Holdings's Median PS Value or its related term are showing as below:

HRTG' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.29   Med: 0.41   Max: 0.62
Current: 0.62

During the past 12 years, the highest Price to Median PS Value of Heritage Insurance Holdings was 0.62. The lowest was 0.29. And the median was 0.41.

HRTG's Price-to-Median-PS-Value is ranked better than
81.37% of 322 companies
in the Insurance industry
Industry Median: 1.01 vs HRTG: 0.62

Heritage Insurance Holdings Median PS Value Historical Data

The historical data trend for Heritage Insurance Holdings'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.

Heritage Insurance Holdings Median PS Value Chart

Heritage Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 22.83

Heritage Insurance Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 22.83 22.18 21.11 20.32

Competitive Comparison of Heritage Insurance Holdings's Median PS Value

For the Insurance - Property & Casualty subindustry, Heritage Insurance Holdings'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.


Heritage Insurance Holdings's Price-to-Median-PS-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Heritage Insurance Holdings's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Heritage Insurance Holdings's Price-to-Median-PS-Value falls into.



Heritage Insurance Holdings Median PS Value Calculation

Heritage Insurance Holdings's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=26.713*0.7607
=20.32

10-Year Median PS Ratio is 0.7607.
Heritage Insurance Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $26.713.

* 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.


Heritage Insurance Holdings  (NYSE:HRTG) 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.

Heritage Insurance Holdings's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=12.58/20.32
=0.62

* 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.


Heritage Insurance Holdings Median PS Value Related Terms

Thank you for viewing the detailed overview of Heritage Insurance Holdings's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Heritage Insurance Holdings Business Description

Traded in Other Exchanges
Address
1401 N. Westshore Boulevard, Tampa, FL, USA, 33607
Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance in various states in the United States. It also offers commercial residential insurance predominantly for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally.
Executives
Nicholas George Pappas director 2600 MCCORMICK DRIVE, SUITE 300, CLEARWATER IL 33759
Ernie J Garateix officer: Chief Operating Officer 2600 MCCORMICK DRIVE, SUITE 300, CLEARWATER IL 33759
Richard A Widdicombe director, officer: President P O BOX 407193, FORT LAUDERDALE FL 33340
Paul L Whiting director 2910 BAY TO BAY BLVD #200, TAMPA FL 33629
Kirk Lusk officer: Chief Financial Officer 2600 MCCORMICK DRIVE, SUITE 300, CLEARWATER FL 33759
Raymond T Hyer 10 percent owner 3919 E 7TH AVENUE, TAMPA FL 33605
Timothy Moura officer: See Remarks C/O 2600 MCCORMICK DRIVE, SUITE 300, CLEARWATER FL 33301
Sean W Poole other: Member of Group 3919 E 7TH AVE, TAMPA FL 33605
Tara K Tira other: Member of Group 3919 E 7TH AVENUE, TAMPA FL 33605
Kathleen A Hyer other: Member of Group 3919 E 7TH AVENUE, TAMPA FL 33605
Hyer Family Partnership, Llc other: Member of Group 3919 E 7TH AVE, TAMPA FL 33605
Futura Circuits Corp. other: Member of Group 3919 E 7TH AVE, TAMPA FL 33605
Steven C. Martindale officer: Chief Financial Officer C/O HERITAGE INSURANCE HOLDINGS, INC., 2600 MCCORMICK DRIVE SUITE 300, CLEARWATER FL 33759
Timothy E. Johns officer: See Remarks C/O HEI, P.O. BOX 730, HONOLULU HI 96808
Bruce Lucas director, officer: Chairman & CEO 2109 E. PALM AVENUE, TAMPA FL 33605