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Lakeland Financial (Lakeland Financial) Median PS Value

: $63.51 (As of Today)
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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. Lakeland Financial's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $9.464. Lakeland Financial's 10-Year median PS Ratio is 6.7107. Therefore, the Median PS Value for today is $63.51.

As of today (2024-04-19), Lakeland Financial's share price is $61.19. Lakeland Financial's Median PS Value is $63.51. Therefore, Lakeland Financial's Price to Median PS Value for today is 0.96.

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

LKFN' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.93   Med: 1.32   Max: 2.16
Current: 0.96

During the past 13 years, the highest Price to Median PS Value of Lakeland Financial was 2.16. The lowest was 0.93. And the median was 1.32.

LKFN's Price-to-Median-PS-Value is ranked worse than
61.57% of 955 companies
in the Banks industry
Industry Median: 0.84 vs LKFN: 0.96

Lakeland Financial Median PS Value Historical Data

The historical data trend for Lakeland Financial'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.

Lakeland Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.83 45.72 55.54 62.58 63.51

Lakeland Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 62.58 64.34 64.57 63.70 63.51

Competitive Comparison

For the Banks - Regional subindustry, Lakeland Financial'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.


Lakeland Financial Price-to-Median-PS-Value Distribution

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

* The bar in red indicates where Lakeland Financial's Price-to-Median-PS-Value falls into.



Lakeland Financial Median PS Value Calculation

Lakeland Financial's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=9.464*6.7107
=63.51

10-Year Median PS Ratio is 6.7107.
Lakeland Financial'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 $9.464.

* 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.


Lakeland Financial  (NAS:LKFN) 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.

Lakeland Financial's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=61.19/63.51
=0.96

* 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.


Lakeland Financial Median PS Value Related Terms

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


Lakeland Financial (Lakeland Financial) Business Description

Traded in Other Exchanges
N/A
Address
202 East Center Street, P.O.Box 1387, Warsaw, IN, USA, 46581-1387
Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory and investment management services. Lakeland offers a broad array of products and services throughout its Northern and Central Indiana markets. The company offers commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services. It serves a wide variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services and healthcare.
Executives
Bartels Robert E Jr director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
M Scott Welch director 6 LONGWOOD COURT, ELKHART IN 46516
Jonathan P Steiner officer: Senior Vice President LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Emily E Pichon director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Brian J Smith director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Donald Robinson-gay officer: Senior Vice President PO BOX 1387, WARSAW IN 46581
Kyra E Clark officer: Senior Vice President P.O. BOX 1387, WARSAW IN 46581-1387
Steven D Ross director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Brok A Lahrman officer: SVP, Chief Accounting Officer P.O. BOX 1387, WARSAW IN 46581
James Rickard Donovan officer: SVP, General Counsel P.O. BOX 1387, WARSAW IN 46581-1387
Stephanie R Leniski officer: Senior Vice President P.O. BOX 1387, WARSAW IN 46581-1387
Blake Augsburger director P.O. BOX 1387, WARSAW IN 46581
Michael L Kubacki director, officer: President LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Lisa M O'neill officer: EVP & CFO LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Michael E Gavin officer: EVP & CCO LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387