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. Track Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.915. Track Group's 10-Year median PS Ratio is 0.3979. Therefore, the Median PS Value for today is $1.16.
As of today (2024-05-12), Track Group's share price is $0.32625. Track Group's Median PS Value is $1.16. Therefore, Track Group's Price to Median PS Value for today is 0.28.
The historical rank and industry rank for Track Group's Median PS Value or its related term are showing as below:
TRCK'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.04 Med: 0.23 Max: 1.25
Current: 0.28
During the past 13 years, the highest Price to Median PS Value of Track Group was 1.25. The lowest was 0.04. And the median was 0.23.
TRCK's Price-to-Median-PS-Value is ranked better than 96.44% of 1515
companies
in the Hardware industry
Industry Median: 1.14
vs TRCK: 0.28
Track Group Median PS Value Historical Data
The historical data trend for Track 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 Track Group's Median PS Value
For the Scientific & Technical Instruments subindustry, Track 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.
Track Group's Price-to-Median-PS-Value Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Track Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Track Group's Price-to-Median-PS-Value falls into.
Track Group Median PS Value Calculation
Track Group's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.3979.
Track Group'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 $2.915.
* 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.
Track Group (OTCPK:TRCK) 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.
Track Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.32625
/
1.16
=
0.28
* 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.
Track Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Track Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include ReliAlert XC4, TrackerPAL, TrackerPAL Mobile, a portfolio of software applications including predictive analytics, a device-agnostic operating system, and a variety of accessories, services, and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
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