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Summit Hotel Properties (Summit Hotel Properties) Median PS Value : $16.89 (As of May. 06, 2024)


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What is Summit Hotel Properties 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. Summit Hotel Properties's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $7.022. Summit Hotel Properties's 10-Year median PS Ratio is 2.4053. Therefore, the Median PS Value for today is $16.89.

As of today (2024-05-06), Summit Hotel Properties's share price is $6.25. Summit Hotel Properties's Median PS Value is $16.89. Therefore, Summit Hotel Properties's Price to Median PS Value for today is 0.37.

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

INN' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.35   Med: 0.61   Max: 2.51
Current: 0.37

During the past 13 years, the highest Price to Median PS Value of Summit Hotel Properties was 2.51. The lowest was 0.35. And the median was 0.61.

INN's Price-to-Median-PS-Value is ranked better than
90.74% of 367 companies
in the REITs industry
Industry Median: 0.8 vs INN: 0.37

Summit Hotel Properties Median PS Value Historical Data

The historical data trend for Summit Hotel Properties'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.

Summit Hotel Properties Median PS Value Chart

Summit Hotel Properties 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 - 5.17 8.10 14.90 16.77

Summit Hotel Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.81 16.61 16.67 16.77 16.89

Competitive Comparison of Summit Hotel Properties's Median PS Value

For the REIT - Hotel & Motel subindustry, Summit Hotel Properties'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.


Summit Hotel Properties's Price-to-Median-PS-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Summit Hotel Properties's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Summit Hotel Properties's Price-to-Median-PS-Value falls into.



Summit Hotel Properties Median PS Value Calculation

Summit Hotel Properties's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=7.022*2.4053
=16.89

10-Year Median PS Ratio is 2.4053.
Summit Hotel Properties'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 $7.022.

* 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.


Summit Hotel Properties  (NYSE:INN) 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.

Summit Hotel Properties's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=6.25/16.89
=0.37

* 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.


Summit Hotel Properties Median PS Value Related Terms

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Summit Hotel Properties (Summit Hotel Properties) Business Description

Traded in Other Exchanges
Address
13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.
Executives
Hope S Taitz director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Jonathan P Stanner officer: EVP & Chief Financial Officer 12600 HILL COUNTRY BLVD, SUITE R-100, AUSTIN TX 78738
Mehulkumar Bhikhubhai Patel director 2117 KIMBALL HILL CT, SOUTHLAKE TX 76092
Newcrestimage Holdings, Llc 10 percent owner 1785 STATE HIGHWAY 26, SUITE 400, GRAPEVINE TX 76051
Bright Force Investment, Llc 10 percent owner /C/O NEWCRESTIMAGE HOLDINGS, LLC, 1785 STATE HIGHWAY 26, SUITE 400, GRAPEVINE TX 76051
Daniel P Hansen director, officer: President and CEO 4808 FLORENCE ST, BELLAIRE TX 77401
Craig J Aniszewski officer: EVP and COO 119 STORMY POINTE LN, MOORESVILLE NC 28117
William Higgins Conkling officer: EVP & Chief Financial Officer 13215 BEE CAVE PARKWAY, SUITE B-300, AUSTIN TX 78738
Amina Belouizdad director 13215 BEE CAVE PARKWAY, SUITE B-300, AUSTIN TX 78783
Paul Ruiz officer: SVP & Chief Accounting Officer 3200 WILCREST DRIVE SUITE 370, HOUSTON TX 77042
Jeffrey W Jones director P O BOX 7, VAIL CO 81658
Kenneth J Kay director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Greg A Dowell officer: Executive VP & CFO 805 LAS CIMAS PARKWAY, SUITE 400, AUSTIN TX 78746
Thomas W. Storey director 2701 S. MINNESOTA AVENUE, SUITE 6, SIOUX FALLS SD 57105
Wayne Wielgus director 10750 COLUMBIA PIKE, SILVER SPRING MD 20901