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. Summit Materials's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $21.896. Summit Materials's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-04-24), Summit Materials's share price is $38.93. Summit Materials's Median PS Value is $0.00. Therefore, Summit Materials's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Summit Materials's Median PS Value or its related term are showing as below:
SUM's Price-to-Median-PS-Value is not ranked *
in the Building Materials industry.
Industry Median: 0.91 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Summit Materials Median PS Value Historical Data
The historical data trend for Summit Materials'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 Summit Materials's Median PS Value
For the Building Materials subindustry, Summit Materials'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.
Summit Materials's Price-to-Median-PS-Value Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Summit Materials's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Summit Materials's Price-to-Median-PS-Value falls into.
Summit Materials Median PS Value Calculation
Summit Materials's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
Summit Materials'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 $21.896.
* 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.
Summit Materials (NYSE:SUM) 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.
Summit Materials's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
38.93
/
0.00
=
* 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.
Summit Materials Median PS Value Related Terms
Thank you for viewing the detailed overview of Summit Materials's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Summit Materials (Summit Materials) Business Description
Summit Materials Inc is an aggregates supplier and cement producer in the United States. The company sells products that include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies to surrounding states along the Mississippi River from Minnesota to Louisiana. In addition to supplying aggregates to customers, the company uses a portion of its materials internally to produce ready-mix concrete and asphalt paving mix, which may be sold externally or used in its paving and related services businesses. The company operates in 22 U.S. states and in British Columbia, Canada and has assets in 21 U.S. states and in British Columbia, Canada through their platforms.
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