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. Horizon Oil's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.086. Horizon Oil's 10-Year median PS Ratio is 1.2791. Therefore, the Median PS Value for today is $0.11.
As of today (2024-05-20), Horizon Oil's share price is $0.11699. Horizon Oil's Median PS Value is $0.11. Therefore, Horizon Oil's Price to Median PS Value for today is 1.06.
The historical rank and industry rank for Horizon Oil's Median PS Value or its related term are showing as below:
HZNFF'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.34 Med: 0.88 Max: 1.5
Current: 1.06
During the past 13 years, the highest Price to Median PS Value of Horizon Oil was 1.50. The lowest was 0.34. And the median was 0.88.
HZNFF's Price-to-Median-PS-Value is ranked worse than 63.22% of 571
companies
in the Oil & Gas industry
Industry Median: 0.9
vs HZNFF: 1.06
Horizon Oil Median PS Value Historical Data
The historical data trend for Horizon Oil'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 Horizon Oil's Median PS Value
For the Oil & Gas E&P subindustry, Horizon Oil'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.
Horizon Oil's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Horizon Oil's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Horizon Oil's Price-to-Median-PS-Value falls into.
Horizon Oil Median PS Value Calculation
Horizon Oil's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.2791.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Horizon Oil's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.086.
* 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.
Horizon Oil (OTCPK:HZNFF) 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.
Horizon Oil's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.11699
/
0.11
=
1.06
* 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.
Horizon Oil Median PS Value Related Terms
Thank you for viewing the detailed overview of Horizon Oil's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Horizon Oil Ltd is engaged in petroleum exploration, development, and production. The company's exploration, development, and production activities are focused on Southeast Asia. The operating segments of the group are New Zealand exploration and development, China exploration and development, and All other segments. It generates the prime revenue from New Zealand's exploration and development segment in which the group is involved in the development and production of crude oil and oil field development and in the exploration and evaluation of hydrocarbons. The operations of the organization are carried out in China and New Zealand.
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