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. Unity Bancorp's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $9.767. Unity Bancorp's 10-Year median PS Ratio is 2.9804. Therefore, the Median PS Value for today is $29.11.
As of today (2024-04-24), Unity Bancorp's share price is $27.74. Unity Bancorp's Median PS Value is $29.11. Therefore, Unity Bancorp's Price to Median PS Value for today is 0.95.
The historical rank and industry rank for Unity Bancorp's Median PS Value or its related term are showing as below:
UNTY'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.94 Med: 1.4 Max: 2.42
Current: 0.95
During the past 13 years, the highest Price to Median PS Value of Unity Bancorp was 2.42. The lowest was 0.94. And the median was 1.40.
UNTY's Price-to-Median-PS-Value is ranked worse than 63.55% of 952
companies
in the Banks industry
Industry Median: 0.855
vs UNTY: 0.95
Unity Bancorp Median PS Value Historical Data
The historical data trend for Unity Bancorp'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 Unity Bancorp's Median PS Value
For the Banks - Regional subindustry, Unity Bancorp'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.
Unity Bancorp's Price-to-Median-PS-Value Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Unity Bancorp's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Unity Bancorp's Price-to-Median-PS-Value falls into.
Unity Bancorp Median PS Value Calculation
Unity Bancorp's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.9804.
Unity Bancorp'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 $9.767.
* 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.
Unity Bancorp (NAS:UNTY) 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.
Unity Bancorp's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
27.74
/
29.11
=
0.95
* 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.
Unity Bancorp Median PS Value Related Terms
Thank you for viewing the detailed overview of Unity Bancorp's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Unity Bancorp (Unity Bancorp) Business Description
Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. It conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts and regular savings accounts. The company structures its specific services and charges in a manner designed to attract the business of the small and medium sized business and professional community, as well as that of individuals residing, working and shopping in its service area. The company engages in a wide range of lending activities and offers commercial, Small Business Administration, consumer, mortgage, home equity and personal loans.
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