What is Heritage Insurance Holdings 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. Heritage Insurance Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $28.023. Heritage Insurance Holdings's 10-Year median PS Ratio is 0.8147. Therefore, the Median PS Value for today is $22.83.
As of today (2024-04-25), Heritage Insurance Holdings's share price is $10.50. Heritage Insurance Holdings's Median PS Value is $22.83. Therefore, Heritage Insurance Holdings's Price to Median PS Value for today is 0.46.
The historical rank and industry rank for Heritage Insurance Holdings's Median PS Value or its related term are showing as below:
HRTG'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.29 Med: 0.29 Max: 0.47
Current: 0.46
During the past 12 years, the highest Price to Median PS Value of Heritage Insurance Holdings was 0.47. The lowest was 0.29. And the median was 0.29.
HRTG's Price-to-Median-PS-Value is ranked better than 86.18% of 304
companies
in the Insurance industry
Industry Median: 0.97
vs HRTG: 0.46
Heritage Insurance Holdings Median PS Value Historical Data
The historical data trend for Heritage Insurance 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 Heritage Insurance Holdings's Median PS Value
For the Insurance - Property & Casualty subindustry, Heritage Insurance 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.
Heritage Insurance Holdings's Price-to-Median-PS-Value Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Heritage Insurance Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Heritage Insurance Holdings's Price-to-Median-PS-Value falls into.
Heritage Insurance Holdings Median PS Value Calculation
Heritage Insurance Holdings's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.8147.
Heritage Insurance Holdings'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 $28.023.
* 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.
Heritage Insurance Holdings (NYSE:HRTG) 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.
Heritage Insurance Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
10.50
/
22.83
=
0.46
* 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.
Heritage Insurance Holdings Median PS Value Related Terms
Thank you for viewing the detailed overview of Heritage Insurance Holdings's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Heritage Insurance Holdings (Heritage Insurance Holdings) Business Description
Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance in more than 10 states in the United States. It also offers commercial residential insurance primarily for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HRTG has been successfully added to your 