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. Medtronic's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2022 was $23.446. Medtronic's 10-Year median PS Ratio is 4.0455. Therefore, the Median PS Value for today is $94.85.
As of today (2022-08-15), Medtronic's share price is $95.20. Medtronic's Median PS Value is $94.85. Therefore, Medtronic's Price to Median PS Value for today is 1.00.
The historical rank and industry rank for Medtronic's Median PS Value or its related term are showing as below:
MDT'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.36 Med: 1.08 Max: 2.58
Current: 1
During the past 13 years, the highest Price to Median PS Value of Medtronic was 2.58. The lowest was 0.36. And the median was 1.08.
MDT's Price-to-Median-PS-Value is ranked worse than 53.97% of 302
companies
in the Medical Devices & Instruments industry
Industry Median: 0.94
vs MDT: 1.00
Medtronic Median PS Value Historical Data
The historical data trend for Medtronic'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.
Medtronic Annual Data
Trend
Apr13
Apr14
Apr15
Apr16
Apr17
Apr18
Apr19
Apr20
Apr21
Apr22
Median PS Value
74.74
81.31
80.82
87.12
94.85
Medtronic Quarterly Data
Jul17
Oct17
Jan18
Apr18
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Median PS Value
87.12
92.14
93.21
93.93
94.85
Competitive Comparison
For the Medical Devices subindustry, Medtronic's Median PS Value, along with its competitors' market caps and 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.
Medtronic Median PS Value Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Medtronic's Median PS Value distribution charts can be found below:
* The bar in red indicates where Medtronic's Median PS Value falls into.
Medtronic Median PS Value Calculation
Medtronic's Median PS Value for today is calculated as
10-Year Median PS Ratio is 4.0455.
Medtronic's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.446.
* 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.
Medtronic (NYSE:MDT) 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.
Medtronic's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
95.20
/
94.85
=
1.00
* 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.
Medtronic Median PS Value Related Terms
Thank you for viewing the detailed overview of Medtronic's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
One of the largest medical device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for almost 50% of the company's total sales.
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