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.
The historical rank and industry rank for Master Drilling Group's Median PS Value or its related term are showing as below:
JSE:MDI'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.41 Med: 0.49 Max: 0.5
Current: 0.41
During the past 12 years, the highest Price to Median PS Value of Master Drilling Group was 0.50. The lowest was 0.41. And the median was 0.49.
JSE:MDI's Price-to-Median-PS-Value is ranked better than 91.32% of 945
companies
in the Construction industry
Industry Median: 1.05
vs JSE:MDI: 0.41
Master Drilling Group Median PS Value Historical Data
The historical data trend for Master Drilling 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.
Competitive Comparison of Master Drilling Group's Median PS Value
For the Engineering & Construction subindustry, Master Drilling 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.
Master Drilling Group's Price-to-Median-PS-Value Distribution in the Construction Industry
For the Construction industry and Industrials sector, Master Drilling Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Master Drilling Group's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.9.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Master Drilling Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R14.826.
* 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.
Master Drilling Group (JSE:MDI) 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.
Master Drilling Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
11.60
/
28.17
=
0.41
* 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.
Master Drilling Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Master Drilling Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Master Drilling Group (JSE:MDI) Business Description
Master Drilling Group Ltd is a drilling services company. It offers drilling services to mid-tier and junior mining companies across a range of commodities and resources. The company comprises of two main operational sub-groups - South African operations and international operations. Its services offering include Raiseboring, Boxhole borning, Exploration drilling, and value-added services. Geographically, the company generates a majority share of its revenue from Africa and America.
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