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 Avis Budget Group's Median PS Value or its related term are showing as below:
CAR'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.56 Med: 1.29 Max: 3.46
Current: 0.67
During the past 13 years, the highest Price to Median PS Value of Avis Budget Group was 3.46. The lowest was 0.56. And the median was 1.29.
CAR's Price-to-Median-PS-Value is ranked better than 76.31% of 515
companies
in the Business Services industry
Industry Median: 0.95
vs CAR: 0.67
Avis Budget Group Median PS Value Historical Data
The historical data trend for Avis Budget 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 Avis Budget Group's Median PS Value
For the Rental & Leasing Services subindustry, Avis Budget 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.
Avis Budget Group's Price-to-Median-PS-Value Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Avis Budget Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Avis Budget Group's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.458.
Avis Budget Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $330.009.
* 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.
Avis Budget Group (NAS:CAR) 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.
Avis Budget Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
100.75
/
151.14
=
0.67
* 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.
Avis Budget Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Avis Budget Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Avis Budget Group (Avis Budget Group) Business Description
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.
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