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. Axon Enterprise's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $20.704. Axon Enterprise's 10-Year median PS Ratio is 8.4491. Therefore, the Median PS Value for today is $174.93.
As of today (2024-04-29), Axon Enterprise's share price is $311.32. Axon Enterprise's Median PS Value is $174.93. Therefore, Axon Enterprise's Price to Median PS Value for today is 1.78.
The historical rank and industry rank for Axon Enterprise's Median PS Value or its related term are showing as below:
AXON'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.02 Med: 1.42 Max: 2.02
Current: 1.78
During the past 13 years, the highest Price to Median PS Value of Axon Enterprise was 2.02. The lowest was 1.02. And the median was 1.42.
AXON's Price-to-Median-PS-Value is ranked worse than 76.05% of 167
companies
in the Aerospace & Defense industry
Industry Median: 1.19
vs AXON: 1.78
Axon Enterprise Median PS Value Historical Data
The historical data trend for Axon Enterprise'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 Axon Enterprise's Median PS Value
For the Aerospace & Defense subindustry, Axon Enterprise'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.
Axon Enterprise's Price-to-Median-PS-Value Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Axon Enterprise's Price-to-Median-PS-Value falls into.
Axon Enterprise Median PS Value Calculation
Axon Enterprise's Median PS Value for today is calculated as
10-Year Median PS Ratio is 8.4491.
Axon Enterprise'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 $20.704.
* 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.
Axon Enterprise (NAS:AXON) 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.
Axon Enterprise's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
311.32
/
174.93
=
1.78
* 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.
Axon Enterprise Median PS Value Related Terms
Thank you for viewing the detailed overview of Axon Enterprise's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Axon Enterprise (Axon Enterprise) Business Description
Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and gets most of its revenue from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AXON has been successfully added to your 