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 Insteel Industries's Median PS Value or its related term are showing as below:
IIIN'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.6 Med: 1.13 Max: 1.93
Current: 1.09
During the past 13 years, the highest Price to Median PS Value of Insteel Industries was 1.93. The lowest was 0.60. And the median was 1.13.
IIIN's Price-to-Median-PS-Value is ranked worse than 52.41% of 1555
companies
in the Industrial Products industry
Industry Median: 1.03
vs IIIN: 1.09
Insteel Industries Median PS Value Historical Data
The historical data trend for Insteel Industries'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 Insteel Industries's Median PS Value
For the Metal Fabrication subindustry, Insteel Industries'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.
Insteel Industries's Price-to-Median-PS-Value Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Insteel Industries's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Insteel Industries's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.0356.
Insteel Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.248.
* 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.
Insteel Industries (NYSE:IIIN) 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.
Insteel Industries's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
33.06
/
30.29
=
1.09
* 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.
Insteel Industries Median PS Value Related Terms
Thank you for viewing the detailed overview of Insteel Industries's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Insteel Industries (Insteel Industries) Business Description
Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.
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