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. TMX Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$4.28. TMX Group's 10-Year median PS Ratio is 6.528. Therefore, the Median PS Value for today is C$27.94.
As of today (2024-04-29), TMX Group's share price is C$36.38. TMX Group's Median PS Value is C$27.94. Therefore, TMX Group's Price to Median PS Value for today is 1.30.
The historical rank and industry rank for TMX Group's Median PS Value or its related term are showing as below:
TSX:X'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.11 Med: 1.13 Max: 1.31
Current: 1.3
During the past 13 years, the highest Price to Median PS Value of TMX Group was 1.31. The lowest was 1.11. And the median was 1.13.
TSX:X's Price-to-Median-PS-Value is ranked worse than 64.62% of 359
companies
in the Capital Markets industry
Industry Median: 1.05
vs TSX:X: 1.30
TMX Group Median PS Value Historical Data
The historical data trend for TMX Group'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 TMX Group's Median PS Value
For the Financial Data & Stock Exchanges subindustry, TMX Group'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.
TMX Group's Price-to-Median-PS-Value Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, TMX Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where TMX Group's Price-to-Median-PS-Value falls into.
TMX Group Median PS Value Calculation
TMX Group's Median PS Value for today is calculated as
10-Year Median PS Ratio is 6.528.
TMX Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4.28.
* 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.
TMX Group (TSX:X) 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.
TMX Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
36.38
/
27.94
=
1.30
* 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.
TMX Group Median PS Value Related Terms
Thank you for viewing the detailed overview of TMX Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community. TMX Group operates offices across North America (Montreal, Calgary, Vancouver, and New York), as well as in key international markets including London and Singapore.
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