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.
The historical rank and industry rank for Webco Industries's Median PS Value or its related term are showing as below:
WEBC'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.58 Med: 0.87 Max: 1.16
Current: 0.98
During the past 13 years, the highest Price to Median PS Value of Webco Industries was 1.16. The lowest was 0.58. And the median was 0.87.
WEBC's Price-to-Median-PS-Value is ranked better than 54.3% of 407
companies
in the Steel industry
Industry Median: 1.05
vs WEBC: 0.98
Webco Industries Median PS Value Historical Data
The historical data trend for Webco 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 Webco Industries's Median PS Value
For the Steel subindustry, Webco 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.
Webco Industries's Price-to-Median-PS-Value Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Webco Industries's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Webco Industries's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.2079.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Webco Industries's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2023 was $855.437.
* 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.
Webco Industries (OTCPK:WEBC) 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.
Webco Industries's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
175.00
/
177.85
=
0.98
* 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.
Webco Industries Median PS Value Related Terms
Thank you for viewing the detailed overview of Webco Industries's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Webco Industries (Webco Industries) Business Description
Webco Industries Inc is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products include Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
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