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. 1st Source's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $15.002. 1st Source's 10-Year median PS Ratio is 3.5182. Therefore, the Median PS Value for today is $52.78.
As of today (2024-04-25), 1st Source's share price is $50.96. 1st Source's Median PS Value is $52.78. Therefore, 1st Source's Price to Median PS Value for today is 0.96.
The historical rank and industry rank for 1st Source's Median PS Value or its related term are showing as below:
SRCE'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.95 Med: 1.17 Max: 1.74
Current: 0.96
During the past 13 years, the highest Price to Median PS Value of 1st Source was 1.74. The lowest was 0.95. And the median was 1.17.
SRCE's Price-to-Median-PS-Value is ranked worse than 63.55% of 952
companies
in the Banks industry
Industry Median: 0.855
vs SRCE: 0.96
1st Source Median PS Value Historical Data
The historical data trend for 1st Source'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 1st Source's Median PS Value
For the Banks - Regional subindustry, 1st Source'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.
1st Source's Price-to-Median-PS-Value Distribution in the Banks Industry
For the Banks industry and Financial Services sector, 1st Source's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where 1st Source's Price-to-Median-PS-Value falls into.
1st Source Median PS Value Calculation
1st Source's Median PS Value for today is calculated as
10-Year Median PS Ratio is 3.5182.
1st Source'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 $15.002.
* 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.
1st Source (NAS:SRCE) 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.
1st Source's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
50.96
/
52.78
=
0.97
* 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.
1st Source Median PS Value Related Terms
Thank you for viewing the detailed overview of 1st Source's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services which includes wide range of trust, investment, agency, and custodial services for individual, corporate, and not-for-profit clients, and Specialty Finance Group Services that provide a broad range of comprehensive equipment loan and lease products addressing the financing needs of a broad array of companies.
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