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 Innovative Designs's Median PS Value or its related term are showing as below:
IVDN'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.59 Med: 2.21 Max: 5.23
Current: 0.59
During the past 13 years, the highest Price to Median PS Value of Innovative Designs was 5.23. The lowest was 0.59. And the median was 2.21.
IVDN's Price-to-Median-PS-Value is ranked better than 78.9% of 621
companies
in the Retail - Cyclical industry
Industry Median: 0.95
vs IVDN: 0.59
Innovative Designs Median PS Value Historical Data
The historical data trend for Innovative Designs'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 Innovative Designs's Median PS Value
For the Apparel Retail subindustry, Innovative Designs'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.
Innovative Designs's Price-to-Median-PS-Value Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Innovative Designs's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Innovative Designs's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 32.2222.
Innovative Designs's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.009.
* 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.
Innovative Designs (OTCPK:IVDN) 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.
Innovative Designs's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.17
/
0.29
=
0.59
* 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.
Innovative Designs Median PS Value Related Terms
Thank you for viewing the detailed overview of Innovative Designs's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovative Designs (Innovative Designs) Business Description
Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low density foamed polyethylene with buoyancy, scent block and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment.
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