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.
As of today (2024-05-13), Avid Technology's share price is $27.04. Avid Technology's Median PS Value is $6.93. Therefore, Avid Technology's Price to Median PS Value for today is 3.90.
The historical rank and industry rank for Avid Technology's Median PS Value or its related term are showing as below:
AVID'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.47 Med: 1.35 Max: 8.72
Current: 3.9
During the past 13 years, the highest Price to Median PS Value of Avid Technology was 8.72. The lowest was 0.47. And the median was 1.35.
AVID's Price-to-Median-PS-Value is not ranked
in the Software industry.
Industry Median: 0.97
vs AVID: 3.90
Avid Technology Median PS Value Historical Data
The historical data trend for Avid Technology'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 Avid Technology's Median PS Value
For the Software - Application subindustry, Avid Technology'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.
Avid Technology's Price-to-Median-PS-Value Distribution in the Software Industry
For the Software industry and Technology sector, Avid Technology's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Avid Technology's Price-to-Median-PS-Value falls into.
Avid Technology Median PS Value Calculation
Avid Technology's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.7385.
Avid Technology's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.384.
* 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.
Avid Technology (NAS:AVID) 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.
Avid Technology's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
27.04
/
6.93
=
3.90
* 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.
Avid Technology Median PS Value Related Terms
Thank you for viewing the detailed overview of Avid Technology's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Avid Technology (Avid Technology) Business Description
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AVID has been successfully added to your 