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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. Ocean Power Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2024 was $0.094. Ocean Power Technologies's 10-Year median PS Ratio is 8.0851. Therefore, the Median PS Value for today is $0.76.
As of today (2025-01-19), Ocean Power Technologies's share price is $0.9169. Ocean Power Technologies's Median PS Value is $0.76. Therefore, Ocean Power Technologies's Price to Median PS Value for today is 1.22.
The historical rank and industry rank for Ocean Power Technologies's Median PS Value or its related term are showing as below:
During the past 13 years, the highest Price to Median PS Value of Ocean Power Technologies was 11.95. The lowest was 0.20. And the median was 1.31.
The historical data trend for Ocean Power Technologies'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.
Ocean Power Technologies Annual Data | |||||||||||||||||||||
Trend | Apr15 | Apr16 | Apr17 | Apr18 | Apr19 | Apr20 | Apr21 | Apr22 | Apr23 | Apr24 | |||||||||||
Median PS Value | Get a 7-Day Free Trial | 1.40 | 0.21 | 0.21 | 0.48 | 0.83 |
Ocean Power Technologies Quarterly Data | ||||||||||||||||||||
Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | Apr24 | Jul24 | Oct24 | |
Median PS Value | Get a 7-Day Free Trial | 0.68 | 0.83 | 0.83 | 0.70 | 0.76 |
For the Specialty Industrial Machinery subindustry, Ocean Power Technologies'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.
For the Industrial Products industry and Industrials sector, Ocean Power Technologies's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Ocean Power Technologies's Price-to-Median-PS-Value falls into.
Ocean Power Technologies's Median PS Value for today is calculated as
Median PS Value | = | Revenue per Share (TTM) | * | 10-Year Median PS Ratio |
= | 0.094 | * | 8.0851 | |
= | 0.76 |
10-Year Median PS Ratio is 8.0851.
Ocean Power Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.094.
* 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.
Ocean Power Technologies (AMEX:OPTT) 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.
Ocean Power Technologies's Price to Median PS Value for today is calculated as
Price to Median PS Value | = | Share Price | / | Median PS Value |
= | 0.9169 | / | 0.76 | |
= | 1.21 |
* 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.
Thank you for viewing the detailed overview of Ocean Power Technologies's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter E. Slaiby | director | 28 ENGELHARD DRIVE,, SUITE B, MONROE TOWNSHIP NJ 08831 |
Terence James Cryan | director | 2 HAMPSHIRE RD, BRONXVILLE NY 10708 |
Robert Patrick Powers | officer: Senior VP and CFO | 968 ALBANY SHAKER ROAD, LATHAM NY 12110 |
Philipp Stratmann | officer: President and CEO | 28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831 |
Lorenz Anderson Natalie M. | director | 28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831 |
Joseph Dipietro | officer: Controller and Treasurer | 28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831 |
Robert K Winters | director | 280 6TH AVENUE, BROOKLYN NY 11215 |
Diana G Purcel | director | C/O FAMOUS DVES OF AMERICA INC, 8091 WALLACE ROAD, EDEN PRAIRIE MN 55344 |
Clyde W Hewlett | director | 28, ENGLAND DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831 |
Kirby George H Iii | director, officer: President, CEO, and Director | 28 ENGELHARD DRIVE, MONROE TOWNSHIP NJ 08831 |
Dean J Glover | director | C/O GLOBAL POWER EQUIPMENT GROUP INC., 5199 N. MINGO ROAD, TULSA OK 74117 |
Kristine S Moore | director | 28 ENGELHARD DRIVE, PENNINGTON NJ 08831 |
Steven M Fludder | director | 264 NANTASKET ROAD, HULL MA 02045 |
Christopher Phebus | officer: Vice President - Engineering | 28 ENGELHARD DRIVE, MONOROE TOWNSHIP NJ 08831 |
Matthew T Shafer | officer: CFO and Treasurer | 1590 REED ROAD, PENNINGTON NJ 08534 |
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