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. Farmland Partners's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.941. Farmland Partners's 10-Year median PS Ratio is 7.2264. Therefore, the Median PS Value for today is $6.80.
As of today (2024-04-23), Farmland Partners's share price is $10.85. Farmland Partners's Median PS Value is $6.80. Therefore, Farmland Partners's Price to Median PS Value for today is 1.60.
The historical rank and industry rank for Farmland Partners's Median PS Value or its related term are showing as below:
FPI'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.59 Med: 1.84 Max: 1.84
Current: 1.6
During the past 12 years, the highest Price to Median PS Value of Farmland Partners was 1.84. The lowest was 1.59. And the median was 1.84.
FPI's Price-to-Median-PS-Value is ranked worse than 92.43% of 370
companies
in the REITs industry
Industry Median: 0.79
vs FPI: 1.60
Farmland Partners Median PS Value Historical Data
The historical data trend for Farmland Partners'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.
For the REIT - Specialty subindustry, Farmland Partners'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.
Farmland Partners Price-to-Median-PS-Value Distribution
For the REITs industry and Real Estate sector, Farmland Partners's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Farmland Partners's Price-to-Median-PS-Value falls into.
Farmland Partners Median PS Value Calculation
Farmland Partners's Median PS Value for today is calculated as
10-Year Median PS Ratio is 7.2264.
Farmland Partners'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 $0.941.
* 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.
Farmland Partners (NYSE:FPI) 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.
Farmland Partners's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
10.85
/
6.80
=
1.60
* 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.
Farmland Partners Median PS Value Related Terms
Thank you for viewing the detailed overview of Farmland Partners's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Farmland Partners (Farmland Partners) Business Description
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company and owns and contracts of farmland and storage facilities located across the United States. Its properties are farmed by over 100 tenants growing more than 26 commercial crops. Farmland Partners generates its revenues through the rent it receives from its tenants.
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