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. Goodman Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$3.874. Goodman Group's 10-Year median PS Ratio is 3.0743. Therefore, the Median PS Value for today is A$11.91.
As of today (2024-05-06), Goodman Group's share price is A$33.98. Goodman Group's Median PS Value is A$11.91. Therefore, Goodman Group's Price to Median PS Value for today is 2.85.
The historical rank and industry rank for Goodman Group's Median PS Value or its related term are showing as below:
ASX:GMG'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.86 Med: 1.56 Max: 2.85
Current: 2.85
During the past 13 years, the highest Price to Median PS Value of Goodman Group was 2.85. The lowest was 0.86. And the median was 1.56.
ASX:GMG's Price-to-Median-PS-Value is ranked worse than 91.8% of 1049
companies
in the Real Estate industry
Industry Median: 0.86
vs ASX:GMG: 2.85
Goodman Group Median PS Value Historical Data
The historical data trend for Goodman 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 Goodman Group's Median PS Value
For the Real Estate - Diversified subindustry, Goodman 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.
Goodman Group's Price-to-Median-PS-Value Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Goodman Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Goodman Group's Price-to-Median-PS-Value falls into.
Goodman Group Median PS Value Calculation
Goodman Group's Median PS Value for today is calculated as
10-Year Median PS Ratio is 3.0743.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$3.874.
* 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.
Goodman Group (ASX:GMG) 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.
Goodman Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
33.98
/
11.91
=
2.85
* 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.
Goodman Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Goodman Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Goodman Group develops and manages industrial property investments worldwide. Rather than taking all risks on its own balance sheet, most Goodman developments are on behalf of end-user tenants, and funds management clients. A typical deal involves purchasing land for a tenant who wants to occupy the site, and/or an investor who will own the asset via a Goodman investment vehicle. Goodman charges leasing fees for locking in tenants, and fees for managing the development. Completed projects reside in Goodman investment vehicles, and Goodman charges asset and investment management fees to investors, in return for collecting rent and managing the site. Goodman retains a minority stake in many projects, generating rental income and aligning its interests with its funds management clients.
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