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. Middlesex Water Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $9.317. Middlesex Water Co's 10-Year median PS Ratio is 6.515. Therefore, the Median PS Value for today is $60.70.
As of today (2024-04-25), Middlesex Water Co's share price is $49.08. Middlesex Water Co's Median PS Value is $60.70. Therefore, Middlesex Water Co's Price to Median PS Value for today is 0.81.
The historical rank and industry rank for Middlesex Water Co's Median PS Value or its related term are showing as below:
MSEX'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.81 Med: 1.81 Max: 3.13
Current: 0.81
During the past 13 years, the highest Price to Median PS Value of Middlesex Water Co was 3.13. The lowest was 0.81. And the median was 1.81.
MSEX's Price-to-Median-PS-Value is ranked better than 53.46% of 361
companies
in the Utilities - Regulated industry
Industry Median: 0.84
vs MSEX: 0.81
Middlesex Water Co Median PS Value Historical Data
The historical data trend for Middlesex Water Co'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 Middlesex Water Co's Median PS Value
For the Utilities - Regulated Water subindustry, Middlesex Water Co'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.
Middlesex Water Co's Price-to-Median-PS-Value Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Middlesex Water Co's Price-to-Median-PS-Value falls into.
Middlesex Water Co Median PS Value Calculation
Middlesex Water Co's Median PS Value for today is calculated as
10-Year Median PS Ratio is 6.515.
Middlesex Water Co'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 $9.317.
* 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.
Middlesex Water Co (NAS:MSEX) 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.
Middlesex Water Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
49.08
/
60.70
=
0.81
* 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.
Middlesex Water Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Middlesex Water Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Middlesex Water Co (Middlesex Water Co) Business Description
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
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