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Openlane (Openlane) Median PS Value

: $14.56 (As of Today)
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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. Openlane's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $15.049. Openlane's 10-Year median PS Ratio is 0.9675. Therefore, the Median PS Value for today is $14.56.

As of today (2024-04-19), Openlane's share price is $16.99. Openlane's Median PS Value is $14.56. Therefore, Openlane's Price to Median PS Value for today is 1.17.

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

KAR' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.02   Med: 1.42   Max: 2.42
Current: 1.17

During the past 13 years, the highest Price to Median PS Value of Openlane was 2.42. The lowest was 1.02. And the median was 1.42.

KAR's Price-to-Median-PS-Value is ranked worse than
70.21% of 762 companies
in the Vehicles & Parts industry
Industry Median: 0.9 vs KAR: 1.17

Openlane Median PS Value Historical Data

The historical data trend for Openlane'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.

Openlane Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.31 7.69 9.21 10.77 14.56

Openlane Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value 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 Premium Member Only Premium Member Only Premium Member Only 10.77 11.59 12.34 13.65 14.56

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Openlane'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.


Openlane Price-to-Median-PS-Value Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Openlane's Price-to-Median-PS-Value distribution charts can be found below:

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



Openlane Median PS Value Calculation

Openlane's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=15.049*0.9675
=14.56

10-Year Median PS Ratio is 0.9675.
Openlane'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 $15.049.

* 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.


Openlane  (NYSE:KAR) 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.

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

Price to Median PS Value=Share Price/Median PS Value
=16.99/14.56
=1.17

* 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.


Openlane Median PS Value Related Terms

Thank you for viewing the detailed overview of Openlane's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Openlane (Openlane) Business Description

Traded in Other Exchanges
N/A
Address
11299 N. Illinois Street, Carmel, IN, USA, 46032
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.
Executives
Brad S. Lakhia officer: EVP & CFO 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Michael T. Kestner director 13085 HAMILTON CROSSING BLVD., CARMEL IN 46032
J Mark Howell director C/O ANGIE'S LIST, INC., 1030 EAST WASHINGTON STREET, INDIANAPOLIS IN 46202
James P Hallett officer: CEO
Kelly Peter officer: Pres. & CEO, OPENLANE C/O KAR AUCTION SERVICES, INC., 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
Srisu Subrahmanyam officer: Pres KAR Svcs Group, EVP Ops 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
James P Coyle officer: EVP, Chief Digital Officer 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
Justin T. Davis officer: President of BacklotCars 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
Scott A Anderson officer: Chief Accounting Officer 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
Mary Ellen Smith director 11299 NORTH ILLINOIS STREET, CARMEL IN 46032
Ignition Acquisition Holdings Gp Llc 10 percent owner C/O APAX PARTNERS L.P., 601 LEXINGTON AVENUE, NEW YORK NY 10022
Ignition Acquisition Holdings Lp 10 percent owner C/O APAX PARTNERS L.P., 601 LEXINGTON AVENUE, NEW YORK NY 10017
Ignition Gp Llc 10 percent owner C/O APAX PARTNERS L.P., 601 LEXINGTON AVENUE, NEW YORK NY 10022
Ignition Parent Lp 10 percent owner C/O APAX PARTNERS L.P., 601 LEXINGTON AVENUE, NEW YORK NY 10022
Roy Mackenzie director 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022