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.
The historical rank and industry rank for Tamarack Valley Energy's Median PS Value or its related term are showing as below:
TSX:TVE'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.48 Med: 0.63 Max: 1.67
Current: 0.58
During the past 13 years, the highest Price to Median PS Value of Tamarack Valley Energy was 1.67. The lowest was 0.48. And the median was 0.63.
TSX:TVE's Price-to-Median-PS-Value is ranked better than 73.5% of 566
companies
in the Oil & Gas industry
Industry Median: 0.87
vs TSX:TVE: 0.58
Tamarack Valley Energy Median PS Value Historical Data
The historical data trend for Tamarack Valley 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.
Competitive Comparison of Tamarack Valley Energy's Median PS Value
For the Oil & Gas E&P subindustry, Tamarack Valley 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.
Tamarack Valley Energy's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tamarack Valley Energy's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Tamarack Valley Energy's Price-to-Median-PS-Value falls into.
Tamarack Valley Energy Median PS Value Calculation
10-Year Median PS Ratio is 2.0779.
Tamarack Valley 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 C$3.08.
* 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.
Tamarack Valley Energy (TSX:TVE) 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.
Tamarack Valley Energy's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
3.73
/
6.40
=
0.58
* 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.
Tamarack Valley Energy Median PS Value Related Terms
Thank you for viewing the detailed overview of Tamarack Valley Energy's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Tamarack Valley Energy (TSX:TVE) Business Description
Tamarack Valley Energy Ltd is engaged in the exploration, development, and production of oil and natural gas. Its target is drilling and acquisition of repeatable and predictable long-life resource plays in the Western Canadian Sedimentary Basin. Its oil & gas properties include Cardium Oil, Viking Oil, and Penny Barons Oil.
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