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 Chemung Financial's Median PS Value or its related term are showing as below:
CHMG'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.85 Med: 1.06 Max: 1.66
Current: 0.9
During the past 13 years, the highest Price to Median PS Value of Chemung Financial was 1.66. The lowest was 0.85. And the median was 1.06.
CHMG's Price-to-Median-PS-Value is ranked worse than 53.58% of 950
companies
in the Banks industry
Industry Median: 0.85
vs CHMG: 0.90
Chemung Financial Median PS Value Historical Data
The historical data trend for Chemung Financial'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 Chemung Financial's Median PS Value
For the Banks - Regional subindustry, Chemung Financial'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.
Chemung Financial's Price-to-Median-PS-Value Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Chemung Financial's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Chemung Financial's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 2.3561.
Chemung Financial'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 $20.309.
* 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.
Chemung Financial (NAS:CHMG) 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.
Chemung Financial's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
43.00
/
47.85
=
0.90
* 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.
Chemung Financial Median PS Value Related Terms
Thank you for viewing the detailed overview of Chemung Financial's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Chemung Financial (Chemung Financial) Business Description
Chemung Financial Corp is a bank holding firm. It provides financial services, including demand, savings, and time deposits, commercial, residential, and consumer loans, letters of credit, wealth management services, employee benefit plans, securities, and insurance brokerage services. Its business operations are organized into two segments, Core Banking, and Wealth Management services. It derives its revenues from the core banking business.
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