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. Absa Group's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $13.949. Absa Group's 10-Year median PS Ratio is 1.7069. Therefore, the Median PS Value for today is $23.81.
As of today (2024-04-25), Absa Group's share price is $14.63. Absa Group's Median PS Value is $23.81. Therefore, Absa Group's Price to Median PS Value for today is 0.61.
The historical rank and industry rank for Absa Group's Median PS Value or its related term are showing as below:
AGRPY'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.59 Med: 0.82 Max: 1.06
Current: 0.61
During the past 13 years, the highest Price to Median PS Value of Absa Group was 1.06. The lowest was 0.59. And the median was 0.82.
AGRPY's Price-to-Median-PS-Value is ranked better than 79.73% of 952
companies
in the Banks industry
Industry Median: 0.855
vs AGRPY: 0.61
Absa Group Median PS Value Historical Data
The historical data trend for Absa 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 Absa Group's Median PS Value
For the Banks - Regional subindustry, Absa 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.
Absa Group's Price-to-Median-PS-Value Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Absa Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Absa Group's Price-to-Median-PS-Value falls into.
Absa Group Median PS Value Calculation
Absa Group's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.7069.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Absa Group's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $13.949.
* 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.
Absa Group (OTCPK:AGRPY) 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.
Absa Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
14.63
/
23.81
=
0.61
* 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.
Absa Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Absa Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Absa Group Ltd is a financial services company that has five main business segments: Product Solutions Cluster, Everyday Banking, Relationship Banking, Absa Regional Operations RBB (ARO RBB), CIB, & Head Office, Treasury, and other operations. The majority is from the Corporate and Investment Bank (CIB) segment which includes prioritized new-to-bank clients across key growth and priority sectors. CIB continued to up-sell and cross-sell new products and services to existing clients. Geographically, the majority is from South Africa.
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