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. Menon Pistons's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹50.043. Menon Pistons's 10-Year median PS Ratio is 0.7617. Therefore, the Median PS Value for today is ₹38.12.
As of today (2024-05-27), Menon Pistons's share price is ₹90.89. Menon Pistons's Median PS Value is ₹38.12. Therefore, Menon Pistons's Price to Median PS Value for today is 2.38.
The historical rank and industry rank for Menon Pistons's Median PS Value or its related term are showing as below:
BOM:531727'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.19 Med: 1.65 Max: 2.38
Current: 2.38
During the past 13 years, the highest Price to Median PS Value of Menon Pistons was 2.38. The lowest was 1.19. And the median was 1.65.
BOM:531727's Price-to-Median-PS-Value is ranked worse than 93.59% of 764
companies
in the Vehicles & Parts industry
Industry Median: 0.89
vs BOM:531727: 2.38
Menon Pistons Median PS Value Historical Data
The historical data trend for Menon Pistons'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 Menon Pistons's Median PS Value
For the Auto Parts subindustry, Menon Pistons'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.
Menon Pistons's Price-to-Median-PS-Value Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Menon Pistons's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Menon Pistons's Price-to-Median-PS-Value falls into.
Menon Pistons Median PS Value Calculation
Menon Pistons's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.7617.
Menon Pistons'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 ₹50.043.
* 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.
Menon Pistons (BOM:531727) 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.
Menon Pistons's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
90.89
/
38.12
=
2.38
* 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.
Menon Pistons Median PS Value Related Terms
Thank you for viewing the detailed overview of Menon Pistons's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Menon Pistons Ltd engages in the manufacturing and trade of automotive parts and components. It offers pistons, gudgeon pins; gallery cut section, and rings. The company's products include cooled gallery section, articulated and Kirloskar Copeland pistons, and others for commercial vehicles, tractors, passenger cars, and heavy duty stationery engines. It has only one segment of activity namely Automotive Component.
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