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Macerich Co (Macerich Co) Median PS Value

: $26.34 (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. Macerich Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.102. Macerich Co's 10-Year median PS Ratio is 6.4213. Therefore, the Median PS Value for today is $26.34.

As of today (2024-04-16), Macerich Co's share price is $15.79. Macerich Co's Median PS Value is $26.34. Therefore, Macerich Co's Price to Median PS Value for today is 0.60.

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

MAC' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.22   Med: 0.66   Max: 1.31
Current: 0.6

During the past 13 years, the highest Price to Median PS Value of Macerich Co was 1.31. The lowest was 0.22. And the median was 0.66.

MAC's Price-to-Median-PS-Value is ranked better than
71.77% of 372 companies
in the REITs industry
Industry Median: 0.77 vs MAC: 0.60

Macerich Co Median PS Value Historical Data

The historical data trend for Macerich Co'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.

Macerich Co 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 58.03 47.62 37.25 32.67 26.34

Macerich Co 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 32.67 32.17 31.37 29.78 26.34

Competitive Comparison

For the REIT - Retail subindustry, Macerich Co'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.


Macerich Co Price-to-Median-PS-Value Distribution

For the REITs industry and Real Estate sector, Macerich Co's Price-to-Median-PS-Value distribution charts can be found below:

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



Macerich Co Median PS Value Calculation

Macerich Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=4.102*6.4213
=26.34

10-Year Median PS Ratio is 6.4213.
Macerich Co'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 $4.102.

* 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.


Macerich Co  (NYSE:MAC) 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.

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

Price to Median PS Value=Share Price/Median PS Value
=15.79/26.34
=0.60

* 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.


Macerich Co Median PS Value Related Terms

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Macerich Co (Macerich Co) Business Description

Traded in Other Exchanges
Address
401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401
The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 28 regional malls in its consolidated portfolio and 16 regional malls in its unconsolidated portfolio along with four power centers and seven other real estate assets. The company's total portfolio has 47.0 million square feet of gross leasable area and averaged $869 sales per square foot over the 12 months ending in December 2022.
Executives
Christopher J Zecchini officer: Chief Accounting Officer 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Scott W Kingsmore officer: Chief Financial Officer 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Kenneth Volk officer: SVP, Chief Marketing Officer 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Edward C Coppola director, officer: Executive Vice President THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
O Hern Thomas E officer: EVP, Treasurer & CFO THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Ann C Menard officer: EVP, CLO and Secretary 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Doug J Healey officer: EVP, Leasing 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Marianne Lowenthal director 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Enrique Jr Hernandez director INTER-CON SECURITY SYSTEMS, INC., 210 SOUTH DELACEY AVENUE, PASADENA CA 91105
Steven L Soboroff director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Ontario Teachers Pension Plan Board 10 percent owner 5650 YONGE STREET, TORONTO A6 M2M 4H5
Dana K Anderson director, officer: Vice Chairman of the Board THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Andrea M Stephen director THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Alschuler John H Jr director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Steve Hash director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101