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PARXF (Parex Resources) Median PS Value : $29.63 (As of Dec. 15, 2024)


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What is Parex Resources 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. Parex Resources's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $13.431. Parex Resources's 10-Year median PS Ratio is 2.2061. Therefore, the Median PS Value for today is $29.63.

As of today (2024-12-15), Parex Resources's share price is $9.64. Parex Resources's Median PS Value is $29.63. Therefore, Parex Resources's Price to Median PS Value for today is 0.33.

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

PARXF' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.28   Med: 0.64   Max: 1.59
Current: 0.33

During the past 13 years, the highest Price to Median PS Value of Parex Resources was 1.59. The lowest was 0.28. And the median was 0.64.

PARXF's Price-to-Median-PS-Value is ranked better than
90.05% of 563 companies
in the Oil & Gas industry
Industry Median: 0.88 vs PARXF: 0.33

Parex Resources Median PS Value Historical Data

The historical data trend for Parex Resources'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.

Parex Resources Median PS Value Chart

Parex Resources 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 20.36 10.63 19.91 32.85 31.94

Parex Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 30.89 31.94 31.64 32.26 31.13

Competitive Comparison of Parex Resources's Median PS Value

For the Oil & Gas E&P subindustry, Parex Resources'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.


Parex Resources's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Parex Resources's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Parex Resources's Price-to-Median-PS-Value falls into.



Parex Resources Median PS Value Calculation

Parex Resources's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=13.431*2.2061
=29.63

10-Year Median PS Ratio is 2.2061.
Parex Resources's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.431.

* 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.


Parex Resources  (OTCPK:PARXF) 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.

Parex Resources's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=9.64/29.63
=0.33

* 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.


Parex Resources Median PS Value Related Terms

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Parex Resources Business Description

Traded in Other Exchanges
Address
585 - 8th Avenue SW, 2700 Eighth Avenue Place, West Tower, Calgary, AB, CAN, T2P 1G1
Parex Resources Inc engages in exploration, development, production and marketing of oil and natural gas. The company brings technology utilized in the Western Canada Sedimentary Basin to South American basins with large oil-in-place potential. Majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. The operating segments of the company are; Columbia which is also its key revenue generating segment, and Canada.

Parex Resources Headlines

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