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Innergex Renewable Energy (Innergex Renewable Energy) Median PS Value : $15.89 (As of Apr. 26, 2024)


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What is Innergex Renewable Energy Median PS Value?

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. Innergex Renewable Energy's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.531. Innergex Renewable Energy's 10-Year median PS Ratio is 4.5001. Therefore, the Median PS Value for today is $15.89.

As of today (2024-04-26), Innergex Renewable Energy's share price is $5.83. Innergex Renewable Energy's Median PS Value is $15.89. Therefore, Innergex Renewable Energy's Price to Median PS Value for today is 0.37.

The historical rank and industry rank for Innergex Renewable Energy's Median PS Value or its related term are showing as below:

INGXF' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.37   Med: 0.79   Max: 1.54
Current: 0.37

During the past 13 years, the highest Price to Median PS Value of Innergex Renewable Energy was 1.54. The lowest was 0.37. And the median was 0.79.

INGXF's Price-to-Median-PS-Value is ranked better than
90.86% of 175 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.85 vs INGXF: 0.37

Innergex Renewable Energy Median PS Value Historical Data

The historical data trend for Innergex Renewable Energy'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.

* Premium members only.

Innergex Renewable Energy Median PS Value Chart

Innergex Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.02 14.01 16.00 15.05 16.60

Innergex Renewable Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.05 15.10 15.69 15.67 16.60

Competitive Comparison of Innergex Renewable Energy's Median PS Value

For the Utilities - Renewable subindustry, Innergex Renewable Energy'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.


Innergex Renewable Energy's Price-to-Median-PS-Value Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Innergex Renewable Energy's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Innergex Renewable Energy's Price-to-Median-PS-Value falls into.



Innergex Renewable Energy Median PS Value Calculation

Innergex Renewable Energy's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=3.531*4.5001
=15.89

10-Year Median PS Ratio is 4.5001.
Innergex Renewable Energy'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 $3.531.

* 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.


Innergex Renewable Energy  (OTCPK:INGXF) 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.

Innergex Renewable Energy's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=5.83/15.89
=0.37

* 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.


Innergex Renewable Energy Median PS Value Related Terms

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Innergex Renewable Energy (Innergex Renewable Energy) Business Description

Address
1225 Saint-Charles Street West, 10th Floor, Longueuil, QC, CAN, J4K 0B9
Innergex Renewable Energy Inc is an independent Canadian renewable power producer. It develops, acquires, owns, and operates hydroelectric, wind, and solar facilities in Canada, the United States, France, and Chile. Most of the energy that the company generates comes from its hydroelectric facilities. Innergex Renewable Energy primarily generates revenue through the sale of electricity from its hydroelectric sites. The company's wind farms also generate substantial amounts of energy and revenue.

Innergex Renewable Energy (Innergex Renewable Energy) Headlines