Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
HBM NigeriaNSA:HBMNG 78 Median PS Value is ₦86.42 as of Jul. 15, 2026, which is 100% below its 10-year median of 1.31. GuruFocus rates NSA:HBMNG with a GF Score™ of 78/100 and a GF Value™ of ₦128.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 274 Building Materials companies, HBM Nigeria ranks worse than 95.99% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median 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. HBM Nigeria's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₦71.571. HBM Nigeria's 10-Year median PS Ratio is 1.2075. Therefore, the Median PS Value for today is ₦86.42.
As of today (2026-07-15), HBM Nigeria's share price is ₦335.00. HBM Nigeria's Median PS Value is ₦86.42. Therefore, HBM Nigeria's Price to Median PS Value for today is 3.88.
The historical rank and industry rank for HBM Nigeria's Median PS Value or its related term are showing as below:
NSA:HBMNG'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.98 Med: 1.31 Max: 3.88
Current: 3.88
During the past 13 years, the highest Price to Median PS Value of HBM Nigeria was 3.88. The lowest was 0.98. And the median was 1.31.
NSA:HBMNG's Price-to-Median-PS-Value is ranked worse than 95.99% of 274
companies
in the Building Materials industry
Industry Median: 0.95
vs NSA:HBMNG: 3.88
HBM Nigeria (NSA:HBMNG) 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.
HBM Nigeria's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
335.00
/
86.42
=
3.88
* 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.
HBM Nigeria Median PS Value Related Terms
HBM Nigeria Median PS Value Historical Data
* Premium members only.
The historical data trend for HBM Nigeria'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.
NSA:HBMNG vs CRH, VMC, MLM: Median PS Value Comparison
For the Building Materials subindustry, HBM Nigeria'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.
HBM Nigeria Price-to-Median-PS-Value vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, HBM Nigeria's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where HBM Nigeria's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.2075.
HBM Nigeria's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦71.571.
* 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.
HBM Nigeria (NSA:HBMNG) has a Median PS Value of ₦86.42 as of Jul. 15, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on HBM Nigeria and its competitors. This is 6497% above median its historical median of 1.31. Over the past decade, HBM Nigeria's Median PS Value has ranged from 0.98 to 3.88. According to the industry distribution chart, HBM Nigeria ranks #263 out of 274 companies in the Building Materials industry, placing it in the top 96%.
Is HBM Nigeria's Median PS Value too high?
HBM Nigeria's current Median PS Value of ₦86.42 is 6497% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 3.88. Based on the distribution chart, HBM Nigeria ranks #263 out of 274 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, HBM Nigeria has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HBM Nigeria's Median PS Value compare to CRH and VMC?
According to the Building Materials industry distribution chart, HBM Nigeria ranks #263 out of 274 companies for Median PS Value. This places HBM Nigeria in the lower half of its industry. The industry median Median PS Value is 0.95. Historically, HBM Nigeria's own Median PS Value has ranged from 0.98 to 3.88 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Building Materials company?
The median Median PS Value among Building Materials companies is 0.95, based on 274 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on HBM Nigeria and its competitors. For the Building Materials industry, the median Median PS Value is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBM Nigeria's current Median PS Value is ₦86.42, which is 6497% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBM Nigeria stock overvalued right now?
Based on GuruFocus' analysis, HBM Nigeria (NSA:HBMNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦128.48, compared to a current price of ₦335.00 — trading 160.7% above its estimated fair value. The current Median PS Value is ₦86.42, which is 6497% above median its 10-year median of 1.31. HBM Nigeria's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For HBM Nigeria (NSA:HBMNG), the current Median PS Value is ₦86.42 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HBM Nigeria (NSA:HBMNG) Overvalued in 2026?
Based on GuruFocus' analysis, HBM Nigeria stock appears to be overvalued.
The current stock price of ₦335.00 is trading 160.7% above its estimated GF Value™ of ₦128.48.
GuruFocus considers HBM Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:HBMNG:
Median PS Value: ₦86.42 (6497% above median its 10-year median of 1.31)
GF Value™: ₦128.48 vs. price of ₦335.00 (160.7% above fair value)
No single metric tells the full story. See the NSA:HBMNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lafarge Africa PLC through its subsidiaries is engaged in manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. The brands in products portfolio of the company includes ECOPlanet Unicem, Elephant cement, ThermoSet, Watershield, Powermax, and Supaset cement among others. It has two segments Cement & Readymix products. The majority of the revenue is generated from the cement segment.
78GF Score
Get the complete analysis for NSA:HBMNG
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSA:HBMNG has been successfully added to your 
