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. Flotek Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.582. Flotek Industries's 10-Year median PS Ratio is 1.6408. Therefore, the Median PS Value for today is $10.80.
As of today (2024-04-25), Flotek Industries's share price is $3.42. Flotek Industries's Median PS Value is $10.80. Therefore, Flotek Industries's Price to Median PS Value for today is 0.32.
The historical rank and industry rank for Flotek Industries's Median PS Value or its related term are showing as below:
FTK'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.19 Med: 0.72 Max: 1.42
Current: 0.32
During the past 13 years, the highest Price to Median PS Value of Flotek Industries was 1.42. The lowest was 0.19. And the median was 0.72.
FTK's Price-to-Median-PS-Value is ranked better than 90.85% of 568
companies
in the Oil & Gas industry
Industry Median: 0.875
vs FTK: 0.32
Flotek Industries Median PS Value Historical Data
The historical data trend for Flotek Industries'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 Flotek Industries's Median PS Value
For the Oil & Gas Equipment & Services subindustry, Flotek Industries'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.
Flotek Industries's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Flotek Industries's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Flotek Industries's Price-to-Median-PS-Value falls into.
Flotek Industries Median PS Value Calculation
Flotek Industries's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.6408.
Flotek Industries'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 $6.582.
* 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.
Flotek Industries (NYSE:FTK) 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.
Flotek Industries's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
3.42
/
10.80
=
0.32
* 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.
Flotek Industries Median PS Value Related Terms
Thank you for viewing the detailed overview of Flotek Industries's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Flotek Industries (Flotek Industries) Business Description
Flotek Industries Inc delivers chemistry-based technology solutions for energy, industrial, and consumer applications. It develops and supplies chemistry and services to the oil and gas industries, and high-value compounds to companies that make food and beverages, cleaning products, cosmetics, and others. The company operates in the Chemistry Technologies segment which designs, develops, manufactures, packages, and markets chemistries that market specialty chemicals. Its Data Analytics segment enables users to maximize the value of their hydrocarbon-associated processes by providing analytics associated with the streams in seconds rather than minutes or days.
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