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. Nobility Homes's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2023 was $19.278. Nobility Homes's 10-Year median PS Ratio is 2.0438. Therefore, the Median PS Value for today is $39.40.
As of today (2024-05-04), Nobility Homes's share price is $32.00. Nobility Homes's Median PS Value is $39.40. Therefore, Nobility Homes's Price to Median PS Value for today is 0.81.
The historical rank and industry rank for Nobility Homes's Median PS Value or its related term are showing as below:
NOBH'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.67 Med: 1.01 Max: 1.39
Current: 0.81
During the past 13 years, the highest Price to Median PS Value of Nobility Homes was 1.39. The lowest was 0.67. And the median was 1.01.
NOBH's Price-to-Median-PS-Value is ranked better than 69.35% of 62
companies
in the Homebuilding & Construction industry
Industry Median: 1.07
vs NOBH: 0.81
Nobility Homes Median PS Value Historical Data
The historical data trend for Nobility Homes'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 Nobility Homes's Median PS Value
For the Residential Construction subindustry, Nobility Homes'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.
Nobility Homes's Price-to-Median-PS-Value Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Nobility Homes's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Nobility Homes's Price-to-Median-PS-Value falls into.
Nobility Homes Median PS Value Calculation
Nobility Homes's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.0438.
Nobility Homes's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $19.278.
* 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.
Nobility Homes (OTCPK:NOBH) 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.
Nobility Homes's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
32.00
/
39.40
=
0.81
* 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.
Nobility Homes Median PS Value Related Terms
Thank you for viewing the detailed overview of Nobility Homes's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Nobility Homes (Nobility Homes) Business Description
Nobility Homes Inc focuses on designing, manufacturing, and selling manufactured and modular homes through its own retail sales centers across Florida. It also sells its manufactured homes on a wholesale basis to independent manufactured home retail dealers and manufactured home communities. The company's homes are sold as unfurnished dwellings ready for permanent occupancy. The company recognizes revenue from retail sales of new manufactured homes, the sale of the repurchased homes upon transfer of title to the new purchaser, and revenues from its independent dealers.
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