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Covestro AG (WBO:1COV) Median PS Value : €0.00 (As of May. 15, 2024)


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What is Covestro AG 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. Covestro AG's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €76.055. Covestro AG's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is €0.00.

As of today (2024-05-15), Covestro AG's share price is €48.70. Covestro AG's Median PS Value is €0.00. Therefore, Covestro AG's Price to Median PS Value for today is 0.00.

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

WBO:1COV's Price-to-Median-PS-Value is not ranked *
in the Chemicals industry.
Industry Median: 1.02
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Covestro AG Median PS Value Historical Data

The historical data trend for Covestro AG'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.

Covestro AG Median PS Value Chart

Covestro AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
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Covestro AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Covestro AG's Median PS Value

For the Specialty Chemicals subindustry, Covestro AG'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.


Covestro AG's Price-to-Median-PS-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Covestro AG's Price-to-Median-PS-Value distribution charts can be found below:

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



Covestro AG Median PS Value Calculation

Covestro AG's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=76.055*0
=0.00

10-Year Median PS Ratio is 0.
Covestro AG'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 €76.055.

* 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.


Covestro AG  (WBO:1COV) 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.

Covestro AG's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=48.70/0.00
=

* 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.


Covestro AG Median PS Value Related Terms

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Covestro AG (WBO:1COV) Business Description

Address
Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373
Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.

Covestro AG (WBO:1COV) Headlines

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