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. Asahi Kasei's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $28.03. Asahi Kasei's 10-Year median PS Ratio is 0.6151. Therefore, the Median PS Value for today is $17.24.
As of today (2024-05-01), Asahi Kasei's share price is $13.90. Asahi Kasei's Median PS Value is $17.24. Therefore, Asahi Kasei's Price to Median PS Value for today is 0.81.
The historical rank and industry rank for Asahi Kasei's Median PS Value or its related term are showing as below:
AHKSY'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.69 Med: 1.02 Max: 2.03
Current: 0.81
During the past 13 years, the highest Price to Median PS Value of Asahi Kasei was 2.03. The lowest was 0.69. And the median was 1.02.
AHKSY's Price-to-Median-PS-Value is ranked better than 68.51% of 848
companies
in the Chemicals industry
Industry Median: 1
vs AHKSY: 0.81
Asahi Kasei Median PS Value Historical Data
The historical data trend for Asahi Kasei'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 Asahi Kasei's Median PS Value
For the Chemicals subindustry, Asahi Kasei'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.
Asahi Kasei's Price-to-Median-PS-Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asahi Kasei's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Asahi Kasei's Price-to-Median-PS-Value falls into.
Asahi Kasei Median PS Value Calculation
Asahi Kasei's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.6151.
Asahi Kasei'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 $28.03.
* 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.
Asahi Kasei (OTCPK:AHKSY) 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.
Asahi Kasei's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
13.90
/
17.24
=
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.
Asahi Kasei Median PS Value Related Terms
Thank you for viewing the detailed overview of Asahi Kasei's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Asahi Kasei Corp is a holding company that, through its subsidiaries, sells a variety of products and services. The firm is organized into four segments based on product or service. The chemicals and fibers segment, which generates the most revenue of any segment, sells ammonia-based products including plastic compounds and cellulose fiber. The homes and construction segment builds residential houses and sells thermal insulation. The electronics segment sells components for mobile phones including electronic compasses and lithium-ion battery separators. The healthcare segment sells medical devices including blood purification, blood transfusion, and bioprocess products. The majority of revenue comes from Japan.
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