Watsco (Watsco) Median PS Value

: $263.16 (As of Today)

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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. Watsco's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $199.393. Watsco's 10-Year median PS Ratio is 1.3198. Therefore, the Median PS Value for today is $263.16.

As of today (2024-04-19), Watsco's share price is $424.75. Watsco's Median PS Value is $263.16. Therefore, Watsco's Price to Median PS Value for today is 1.61.

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

WSO.B' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.05 Med: 1.46 Max: 1.72
Current: 1.61

During the past 13 years, the highest Price to Median PS Value of Watsco was 1.72. The lowest was 1.05. And the median was 1.46.

WSO.B's Price-to-Median-PS-Value is ranked worse than
83.78% of 111 companies
in the Industrial Distribution industry
Industry Median: 0.99 vs WSO.B: 1.61

Watsco Median PS Value Historical Data

The historical data trend for Watsco'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.

Watsco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Median PS Value

125.17

152.35

191.97

240.73

245.38

Watsco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Median PS Value																240.73	239.28	229.30	236.99	245.38

Competitive Comparison

For the Industrial Distribution subindustry, Watsco'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.

Watsco Price-to-Median-PS-Value Distribution

For the Industrial Distribution industry and Industrials sector, Watsco's Price-to-Median-PS-Value distribution charts can be found below:

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

Watsco Median PS Value Calculation

Watsco's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	199.393	*	1.3198
	=	263.16

10-Year Median PS Ratio is 1.3198.
Watsco'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 $199.393.

Watsco (NYSE:WSO.B) 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.

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

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	424.75	/	263.16
	=	1.61

Watsco Median PS Value Related Terms

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Watsco (Watsco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Watsco Inc (NYSE:WSO.B) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

WSO:USA WC30:Germany WC3:Germany WC3:Germany

Address

2665 South Bayshore Drive, Suite 901, Miami, FL, USA, 33133

Website

https://www.watsco.com

Watsco is the largest heating, ventilation, air-conditioning, and refrigeration products distributor in North America. The company primarily operates in the United States (91% of 2022 revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada (5% of sales) and Latin America and the Caribbean (4% of sales). The company's customer base consists of more than 120,000 dealers and contractors that serve the replacement and new construction HVACR markets for residential and light commercial applications.