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Kayne Anderson Energy Development Co  (NYSE:KED) Median PS Value: $56.52 (As of Today)

This valuation method assumes that the stock valuation will revert to its historical mean in terms of Price/Sales Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because Price/Sales Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median P/S Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median P/S ratio. Kayne Anderson Energy Development Co's Revenue per Share for the trailing twelve months (TTM) ended in May. 2017 was $2.761. Kayne Anderson Energy Development Co's 10-Year median P/S ratio is 20.47. Therefore, the Median P/S Value for today is $56.52.

As of today, Kayne Anderson Energy Development Co's share price is $16.38. Kayne Anderson Energy Development Co's median P/S value is $56.52. Therefore, Kayne Anderson Energy Development Co's Price to Median P/S Value Ratio for today is 0.29.

NYSE:KED' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0   Max: 3.09
Current: 0.29

0
3.09

During the past 10 years, the highest Price to Median P/S Value Ratio of Kayne Anderson Energy Development Co was 3.09. The lowest was 0.00. And the median was 0.95.

NYSE:KED's Price-to-Median-PS-Value is ranked lower than
99.99% of the 883 Companies
in the Global industry.

( Industry Median: 1.02 vs. NYSE:KED: 0.29 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Kayne Anderson Energy Development Co Annual Data

Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Median PS Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.79 181.92 128.41 -234.01 56.52

Kayne Anderson Energy Development Co Semi-Annual Data

May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17
Median PS Value 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 Premium Member Only Premium Member Only Premium Member Only 61.81 -234.01 17.97 56.52 0.00

Competitive Comparison
* 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.


Calculation

Kayne Anderson Energy Development Co's Median P/S Value for today is calculated as

Median P/S Value=Total Annual Sales / Shares Outstanding*10-Year Median P/S Ratio
=Revenue per Share (TTM)*10-Year Median P/S Ratio
=2.761*20.47
=56.52

10-Year Median P/S Ratio is 20.47.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kayne Anderson Energy Development Co's Revenue per Share for the trailing twelve months (TTM) ended in May. 2017 was $2.761.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

This valuation method assumes that the stock valuation will revert to its historical mean in terms of Price/Sales Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because Price/Sales 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.

Kayne Anderson Energy Development Co's Price to Median P/S Value Ratio for today is calculated as

Price to Median P/S Value=Share Price/Median P/S Value
=16.38/56.52
=0.29

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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