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Argosy Property (NZSE:ARG) Median PS Value : NZ$1.34 (As of May. 21, 2024)


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What is Argosy Property 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. Argosy Property's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$0.178. Argosy Property's 10-Year median PS Ratio is 7.5281. Therefore, the Median PS Value for today is NZ$1.34.

As of today (2024-05-21), Argosy Property's share price is NZ$1.12. Argosy Property's Median PS Value is NZ$1.34. Therefore, Argosy Property's Price to Median PS Value for today is 0.84.

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

NZSE:ARG' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.8   Med: 1.13   Max: 1.28
Current: 0.84

During the past 13 years, the highest Price to Median PS Value of Argosy Property was 1.28. The lowest was 0.80. And the median was 1.13.

NZSE:ARG's Price-to-Median-PS-Value is ranked better than
52.15% of 372 companies
in the REITs industry
Industry Median: 0.81 vs NZSE:ARG: 0.84

Argosy Property Median PS Value Historical Data

The historical data trend for Argosy Property'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.

Argosy Property Median PS Value Chart

Argosy Property Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.99 1.18 1.21 1.34

Argosy Property Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.21 - 1.34 -

Competitive Comparison of Argosy Property's Median PS Value

For the REIT - Diversified subindustry, Argosy Property'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.


Argosy Property's Price-to-Median-PS-Value Distribution in the REITs Industry

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

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



Argosy Property Median PS Value Calculation

Argosy Property's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.178*7.5281
=1.34

10-Year Median PS Ratio is 7.5281.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argosy Property's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$0.178.

* 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.


Argosy Property  (NZSE:ARG) 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.

Argosy Property's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=1.12/1.34
=0.84

* 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.


Argosy Property Median PS Value Related Terms

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Argosy Property (NZSE:ARG) Business Description

Traded in Other Exchanges
Address
Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142
Argosy Property Ltd's business activity is to invest in and actively manage properties throughout New Zealand. The company's portfolio is centred on the Auckland and Wellington markets and is diversified by industrial, office and Large format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centres, and entertainment venues.

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