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. Voya Financial's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $66.311. Voya Financial's 10-Year median PS Ratio is 1.0921. Therefore, the Median PS Value for today is $72.42.
As of today (2024-04-23), Voya Financial's share price is $68.93. Voya Financial's Median PS Value is $72.42. Therefore, Voya Financial's Price to Median PS Value for today is 0.95.
The historical rank and industry rank for Voya Financial's Median PS Value or its related term are showing as below:
VOYA'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.95 Med: 1.06 Max: 1.11
Current: 0.95
During the past 13 years, the highest Price to Median PS Value of Voya Financial was 1.11. The lowest was 0.95. And the median was 1.06.
VOYA's Price-to-Median-PS-Value is ranked better than 55.81% of 43
companies
in the Diversified Financial Services industry
Industry Median: 1
vs VOYA: 0.95
Voya Financial Median PS Value Historical Data
The historical data trend for Voya Financial'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 Financial Conglomerates subindustry, Voya Financial'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.
Voya Financial Price-to-Median-PS-Value Distribution
For the Diversified Financial Services industry and Financial Services sector, Voya Financial's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Voya Financial's Price-to-Median-PS-Value falls into.
Voya Financial Median PS Value Calculation
Voya Financial's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.0921.
Voya Financial'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 $66.311.
* 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.
Voya Financial (NYSE:VOYA) 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.
Voya Financial's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
68.93
/
72.42
=
0.95
* 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.
Voya Financial Median PS Value Related Terms
Thank you for viewing the detailed overview of Voya Financial's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Voya Financial (Voya Financial) Business Description
Voya Financial Inc is a financial services company, which, through its subsidiaries, provides various investment, insurance, and retirement solutions to individual and institutional clients in the United States. Its products and services include tax savings plans, individual retirement accounts, group life insurance plans, and employee benefits products, among others. The company tailors each of its products to the needs of its customer base. It operates its business through three principal lines: Wealth Solutions, Investment Management, and Health Solutions The Wealth segment generates roughly half of the company's revenue.
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