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NOV (NOV) Median PS Value : $23.13 (As of Dec. 11, 2024)


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What is NOV Median PS Value?

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. NOV's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $22.415. NOV's 10-Year median PS Ratio is 1.0319. Therefore, the Median PS Value for today is $23.13.

As of today (2024-12-11), NOV's share price is $15.10. NOV's Median PS Value is $23.13. Therefore, NOV's Price to Median PS Value for today is 0.65.

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

NOV' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.29   Med: 0.76   Max: 1.45
Current: 0.65

During the past 13 years, the highest Price to Median PS Value of NOV was 1.45. The lowest was 0.29. And the median was 0.76.

NOV's Price-to-Median-PS-Value is ranked better than
70.69% of 563 companies
in the Oil & Gas industry
Industry Median: 0.88 vs NOV: 0.65

NOV Median PS Value Historical Data

The historical data trend for NOV'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.

NOV Median PS Value Chart

NOV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.43 24.15 19.56 22.75 23.67

NOV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Median PS Value Get a 7-Day Free Trial 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 23.45 23.67 23.81 23.60 23.13

Competitive Comparison of NOV's Median PS Value

For the Oil & Gas Equipment & Services subindustry, NOV'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.


NOV's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NOV's Price-to-Median-PS-Value distribution charts can be found below:

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



NOV Median PS Value Calculation

NOV's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=22.415*1.0319
=23.13

10-Year Median PS Ratio is 1.0319.
NOV's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.415.

* 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.


NOV  (NYSE:NOV) 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.

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

Price to Median PS Value=Share Price/Median PS Value
=15.10/23.13
=0.65

* 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.


NOV Median PS Value Related Terms

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NOV Business Description

Traded in Other Exchanges
Address
10353 Richmond Avenue, Houston, TX, USA, 77042-4103
NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing nearly two thirds of its annual revenue.
Executives
David D Harrison director 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Christy Lynn Novak officer: VP, Corp. Controller, CAO C/O NOV INC., 7909 PARKWOOD CIRCLE DR., HOUSTON TX 77036
Joseph W Rovig officer: See Remarks 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
Craig L. Weinstock officer: Sr. VP. & Gen. Counsel 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
Eric L Mattson director C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Kirk M. Shelton officer: Pres. - Compl. and Prod. Sol. C/O NOV INC., 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036
Isaac H. Joseph officer: See Remarks C/O NOV INC., 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036
Greg L Armstrong director
Robert S. Welborn director C/O NOV INC., 7909 PARKWOOD CIRCLE DR., HOUSTON TX 77036
Scott K. Duff officer: VP Cntrlr Chf Acctg Offcr 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
Jose A Bayardo officer: Senior VP and CFO 11700 OLD KATY ROAD SUITE 300, HOUSTON TX 77079
Clay C Williams director, officer: Chairman, President and CEO
Melody B Meyer director 1 NORTH WAUKEGAN ROAD, NORTH CHICAGO IL 60064
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Marcela E Donadio director 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565