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. Herc Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $117.405. Herc Holdings's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-04-24), Herc Holdings's share price is $153.76. Herc Holdings's Median PS Value is $0.00. Therefore, Herc Holdings's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Herc Holdings's Median PS Value or its related term are showing as below:
HRI's Price-to-Median-PS-Value is not ranked *
in the Business Services industry.
Industry Median: 0.95 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Herc Holdings Median PS Value Historical Data
The historical data trend for Herc Holdings'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 Herc Holdings's Median PS Value
For the Rental & Leasing Services subindustry, Herc Holdings'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.
Herc Holdings's Price-to-Median-PS-Value Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Herc Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Herc Holdings's Price-to-Median-PS-Value falls into.
Herc Holdings Median PS Value Calculation
Herc Holdings's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
Herc Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $117.405.
* 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.
Herc Holdings (NYSE:HRI) 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.
Herc Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
153.76
/
0.00
=
* 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.
Herc Holdings Median PS Value Related Terms
Thank you for viewing the detailed overview of Herc Holdings's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Herc Holdings (Herc Holdings) Business Description
Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.2 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.
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