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Comstock Resources (Comstock Resources) Median PS Value : $5.26 (As of Apr. 27, 2024)


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What is Comstock Resources Median PS Value?

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. Comstock Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.654. Comstock Resources's 10-Year median PS Ratio is 0.9303. Therefore, the Median PS Value for today is $5.26.

As of today (2024-04-27), Comstock Resources's share price is $10.32. Comstock Resources's Median PS Value is $5.26. Therefore, Comstock Resources's Price to Median PS Value for today is 1.96.

The historical rank and industry rank for Comstock Resources's Median PS Value or its related term are showing as below:

CRK' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.14   Med: 0.64   Max: 1.97
Current: 1.96

During the past 13 years, the highest Price to Median PS Value of Comstock Resources was 1.97. The lowest was 0.14. And the median was 0.64.

CRK's Price-to-Median-PS-Value is ranked worse than
88.38% of 568 companies
in the Oil & Gas industry
Industry Median: 0.88 vs CRK: 1.96

Comstock Resources Median PS Value Historical Data

The historical data trend for Comstock Resources'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.

* Premium members only.

Comstock Resources Median PS Value Chart

Comstock Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.66 3.87 8.55 13.72 5.26

Comstock Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.72 12.45 9.79 7.04 5.26

Competitive Comparison of Comstock Resources's Median PS Value

For the Oil & Gas E&P subindustry, Comstock Resources'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.


Comstock Resources's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Comstock Resources's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Comstock Resources's Price-to-Median-PS-Value falls into.



Comstock Resources Median PS Value Calculation

Comstock Resources's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=5.654*0.9303
=5.26

10-Year Median PS Ratio is 0.9303.
Comstock Resources'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 $5.654.

* 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.


Comstock Resources  (NYSE:CRK) 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.

Comstock Resources's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=10.32/5.26
=1.96

* 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.


Comstock Resources Median PS Value Related Terms

Thank you for viewing the detailed overview of Comstock Resources's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Comstock Resources (Comstock Resources) Business Description

Traded in Other Exchanges
Address
5300 Town and Country Boulevard, Suite 500, Comstock Tower, Frisco, TX, USA, 75034
Comstock Resources Inc is an independent energy company operating in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical proximity to the Gulf Coast markets. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana, Texas and North Dakota.
Executives
Roland O Burns director, officer: Sr. VP & CFO 5300 TOWN AND COUNTY BLVD SUITE 500, FRISCO TX 75034
Brian Christopher Claunch officer: VP of Financial Reporting 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Patrick Mcgough officer: Vice President of Operations 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Jim L Turner director DEAN FOODS COMPANY, 2711 N. HASKELL AVE., SUITE 3400, DALLAS TX 75204
Morris E Foster director C/O EXXON MOBIL CORP, 5959 LAS COLINAS BLVD., IRVING TX 75039-2298
Newell Clifford Doyle Iii officer: VP of Corporate Development 5300 TOWN & COUNTRY BLVD., SUITE 500, FRISCO TX 75034
M Jay Allison director, officer: Chairman & CEO 5300 TOWN AND COUNTY BLVD SUITE 500, FRISCO TX 75034
Kanaman Lori Ann Arendt officer: VP of Marketing 5300 TOWN & COUNTRY BLVD., SUITE 500, FRISCO TX 75034
Stuart D Porter director, 10 percent owner 200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Russell W Romoser officer: VP of Reservoir Engineering 5300 TOWN AND COUNTRY BLVD., SUITE 500, FRISCO TX 75034
Ronald Eugene Mills officer: VP of Finance. and IR 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
John David Jacobi director 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
David John Terry officer: Sr. VP of Corporate Dev. 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Covey Park Holdings Llc director, 10 percent owner 8401 N. CENTRAL EXPRESSWAY, SUITE 700, DALLAS TX 75225
Jordan Tatum Marye director 700 LOUISIANA STREET, SUITE 3700, HOUSTON TX 77002