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. Piedmont Office Realty Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.672. Piedmont Office Realty Trust's 10-Year median PS Ratio is 4.7902. Therefore, the Median PS Value for today is $22.38.
As of today (2024-04-23), Piedmont Office Realty Trust's share price is $6.97. Piedmont Office Realty Trust's Median PS Value is $22.38. Therefore, Piedmont Office Realty Trust's Price to Median PS Value for today is 0.31.
The historical rank and industry rank for Piedmont Office Realty Trust's Median PS Value or its related term are showing as below:
PDM'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.3 Med: 0.73 Max: 0.98
Current: 0.31
During the past 13 years, the highest Price to Median PS Value of Piedmont Office Realty Trust was 0.98. The lowest was 0.30. And the median was 0.73.
PDM's Price-to-Median-PS-Value is ranked better than 93.51% of 370
companies
in the REITs industry
Industry Median: 0.79
vs PDM: 0.31
Piedmont Office Realty Trust Median PS Value Historical Data
The historical data trend for Piedmont Office Realty Trust'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.
For the REIT - Office subindustry, Piedmont Office Realty Trust'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.
Piedmont Office Realty Trust Price-to-Median-PS-Value Distribution
For the REITs industry and Real Estate sector, Piedmont Office Realty Trust's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Piedmont Office Realty Trust's Price-to-Median-PS-Value falls into.
Piedmont Office Realty Trust Median PS Value Calculation
Piedmont Office Realty Trust's Median PS Value for today is calculated as
10-Year Median PS Ratio is 4.7902.
Piedmont Office Realty Trust'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 $4.672.
* 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.
Piedmont Office Realty Trust (NYSE:PDM) 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.
Piedmont Office Realty Trust's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
6.97
/
22.38
=
0.31
* 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.
Piedmont Office Realty Trust Median PS Value Related Terms
Thank you for viewing the detailed overview of Piedmont Office Realty Trust's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Piedmont Office Realty Trust (Piedmont Office Realty Trust) Business Description
Piedmont Office Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of commercial real estate properties throughout the U.S. The company's real estate portfolio is mainly composed of office properties located in the majority of American metropolitan areas. Piedmont derives majority of its revenue in the form of rental income from tenants in mid- to long-term lease agreements. The vast majority of the company's revenue comes from the leasing of its assets in Washington D.C., New York City, Chicago, Atlanta, Minneapolis, Dallas, and Boston. Piedmont's large customers in terms of rental revenue are U.S. Government entities, business services companies, and financial institutions.
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