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 Prime Financial Group's Median PS Value or its related term are showing as below:
ASX:PFG'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.37 Med: 0.62 Max: 0.94
Current: 0.91
During the past 13 years, the highest Price to Median PS Value of Prime Financial Group was 0.94. The lowest was 0.37. And the median was 0.62.
ASX:PFG's Price-to-Median-PS-Value is ranked better than 55.84% of 308
companies
in the Asset Management industry
Industry Median: 0.98
vs ASX:PFG: 0.91
Prime Financial Group Median PS Value Historical Data
The historical data trend for Prime Financial Group'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 Prime Financial Group's Median PS Value
For the Asset Management subindustry, Prime Financial Group'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.
Prime Financial Group's Price-to-Median-PS-Value Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Prime Financial Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Prime Financial Group's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.1616.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Prime Financial Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.198.
* 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.
Prime Financial Group (ASX:PFG) 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.
Prime Financial Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.21
/
0.23
=
0.91
* 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.
Prime Financial Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Prime Financial Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Prime Financial Group (ASX:PFG) Business Description
Prime Financial Group Ltd is an integrated accounting and business advisory, wealth management, and capital advisory company for business owners and family groups. It offers services accounting and tax compliance, start-up services, SME advisory, director and board services, life insurance, estate planning, lending and finance, transaction and restructuring services, superannuation, and others. Its segments are Accounting and Business Advisory plus Capital and the other to Wealth Management and Self- Managed Superannuation (SMSF). The company generates the majority of its revenue from Accounting and Business Advisory plus Capital.
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