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Akita Bank (Akita Bank) Median PS Value : $2.29 (As of May. 25, 2024)


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What is Akita Bank 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. Akita Bank's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $15.075. Akita Bank's 10-Year median PS Ratio is 0.1519. Therefore, the Median PS Value for today is $2.29.

As of today (2024-05-25), Akita Bank's share price is $2.50. Akita Bank's Median PS Value is $2.29. Therefore, Akita Bank's Price to Median PS Value for today is 1.09.

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

AKBKF' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.56   Med: 0.66   Max: 1.09
Current: 1.09

During the past 13 years, the highest Price to Median PS Value of Akita Bank was 1.09. The lowest was 0.56. And the median was 0.66.

AKBKF's Price-to-Median-PS-Value is ranked worse than
73.65% of 964 companies
in the Banks industry
Industry Median: 0.87 vs AKBKF: 1.09

Akita Bank Median PS Value Historical Data

The historical data trend for Akita Bank'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.

Akita Bank Median PS Value Chart

Akita Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.45 4.39 3.47 3.76 -

Akita Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.76 3.73 2.93 2.76 -

Competitive Comparison of Akita Bank's Median PS Value

For the Banks - Regional subindustry, Akita Bank'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.


Akita Bank's Price-to-Median-PS-Value Distribution in the Banks Industry

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

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



Akita Bank Median PS Value Calculation

Akita Bank's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=15.075*0.1519
=2.29

10-Year Median PS Ratio is 0.1519.
Akita Bank'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 $15.075.

* 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.


Akita Bank  (OTCPK:AKBKF) 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.

Akita Bank's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=2.50/2.29
=1.09

* 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.


Akita Bank Median PS Value Related Terms

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Akita Bank (Akita Bank) Business Description

Traded in Other Exchanges
Address
2-1 Sanno 3-Chome, Akita, JPN, 010-8655
Akita Bank Ltd is the banking subsidiary of the Akita Bank Group, which is composed of a Japanese regional bank and five consolidated subsidiaries operating primarily in the Akita Prefecture. The bank's strategy emphasizes regional market penetration to drive profitability. The group offers various financial services, principally banking. In addition, it offers leasing, consulting, guarantee services, and credit card services. Just over half of its earning assets are in loans and bills discounted, followed in size by securities. Most of the group's income is generated through net interest income, followed by fees and commissions.

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