GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Protective Insurance Corp (NAS:PTVCB) » Definitions » Median PS Value

Protective Insurance (Protective Insurance) Median PS Value : $43.56 (As of May. 05, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Protective Insurance 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. Protective Insurance's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2021 was $36.084. Protective Insurance's 10-Year median PS Ratio is 1.2072. Therefore, the Median PS Value for today is $43.56.

As of today (2024-05-05), Protective Insurance's share price is $23.30. Protective Insurance's Median PS Value is $43.56. Therefore, Protective Insurance's Price to Median PS Value for today is 0.53.

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

PTVCB' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.36   Med: 0.78   Max: 3.99
Current: 0.53

During the past 13 years, the highest Price to Median PS Value of Protective Insurance was 3.99. The lowest was 0.36. And the median was 0.78.

PTVCB's Price-to-Median-PS-Value is not ranked
in the Insurance industry.
Industry Median: 0.98 vs PTVCB: 0.53

Protective Insurance Median PS Value Historical Data

The historical data trend for Protective Insurance'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.

Protective Insurance Median PS Value Chart

Protective Insurance Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.45 31.21 36.12 42.78 36.02

Protective Insurance Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 38.67 34.52 36.59 36.02 43.41

Competitive Comparison of Protective Insurance's Median PS Value

For the Insurance - Property & Casualty subindustry, Protective Insurance'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.


Protective Insurance's Price-to-Median-PS-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Protective Insurance's Price-to-Median-PS-Value distribution charts can be found below:

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



Protective Insurance Median PS Value Calculation

Protective Insurance's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=36.084*1.2072
=43.56

10-Year Median PS Ratio is 1.2072.
Protective Insurance's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $36.084.

* 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.


Protective Insurance  (NAS:PTVCB) 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.

Protective Insurance's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=23.30/43.56
=0.53

* 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.


Protective Insurance Median PS Value Related Terms

Thank you for viewing the detailed overview of Protective Insurance's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Protective Insurance (Protective Insurance) Business Description

Traded in Other Exchanges
N/A
Address
111 Congressional Boulevard, Suite 500, Carmel, IN, USA, 46032
Protective Insurance Corp is a property-casualty insurer specializing in marketing and underwriting property, liability and workers' compensation coverage for trucking and public transportation fleets, as well as coverage for trucking industry independent contractors. It also offers a range of products and services including commercial automobile and workers' compensation insurance products. The company operates in the reportable segment of the Property and casualty insurance and derives key revenue from the premium income.

Protective Insurance (Protective Insurance) Headlines

From GuruFocus

Protective Insurance launches digital safety marketplace

By Marketwired Marketwired 11-19-2020

Protective Insurance Corporation Announces Quarterly Dividend

By Marketwired Marketwired 08-07-2020