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. Teekay Tankers's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $39.475. Teekay Tankers's 10-Year median PS Ratio is 0.7397. Therefore, the Median PS Value for today is $29.20.
As of today (2024-04-24), Teekay Tankers's share price is $56.165. Teekay Tankers's Median PS Value is $29.20. Therefore, Teekay Tankers's Price to Median PS Value for today is 1.92.
The historical rank and industry rank for Teekay Tankers's Median PS Value or its related term are showing as below:
TNK'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.24 Med: 0.76 Max: 1.93
Current: 1.92
During the past 13 years, the highest Price to Median PS Value of Teekay Tankers was 1.93. The lowest was 0.24. And the median was 0.76.
TNK's Price-to-Median-PS-Value is ranked worse than 89.26% of 568
companies
in the Oil & Gas industry
Industry Median: 0.88
vs TNK: 1.92
Teekay Tankers Median PS Value Historical Data
The historical data trend for Teekay Tankers'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 Oil & Gas Midstream subindustry, Teekay Tankers'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.
Teekay Tankers Price-to-Median-PS-Value Distribution
For the Oil & Gas industry and Energy sector, Teekay Tankers's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Teekay Tankers's Price-to-Median-PS-Value falls into.
Teekay Tankers Median PS Value Calculation
Teekay Tankers's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.7397.
Teekay Tankers'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 $39.475.
* 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.
Teekay Tankers (NYSE:TNK) 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.
Teekay Tankers's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
56.165
/
29.20
=
1.92
* 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.
Teekay Tankers Median PS Value Related Terms
Thank you for viewing the detailed overview of Teekay Tankers's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Teekay Tankers (Teekay Tankers) Business Description
Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.
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