Ossen Innovation Co (Ossen Innovation Co) Median PS Value : $2.94 (As of May. 12, 2024)

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What is Ossen Innovation Co 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. Ossen Innovation Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2020 was $21.007. Ossen Innovation Co's 10-Year median PS Ratio is 0.14. Therefore, the Median PS Value for today is $2.94.

As of today (2024-05-12), Ossen Innovation Co's share price is $5.0499. Ossen Innovation Co's Median PS Value is $2.94. Therefore, Ossen Innovation Co's Price to Median PS Value for today is 1.72.

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

OSN' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.61 Med: 1.61 Max: 1.72
Current: 1.72

During the past 13 years, the highest Price to Median PS Value of Ossen Innovation Co was 1.72. The lowest was 1.61. And the median was 1.61.

OSN's Price-to-Median-PS-Value is not ranked
in the Steel industry.
Industry Median: 1.06 vs OSN: 1.72

Ossen Innovation Co Median PS Value Historical Data

The historical data trend for Ossen Innovation Co'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.

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Ossen Innovation Co Median PS Value Chart

Ossen Innovation Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Median PS Value

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2.94

Ossen Innovation Co Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Median PS Value	Get a 7-Day Free Trial															-	-	-	-	2.94

Competitive Comparison of Ossen Innovation Co's Median PS Value

For the Steel subindustry, Ossen Innovation Co'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.

Ossen Innovation Co's Price-to-Median-PS-Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ossen Innovation Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Ossen Innovation Co's Price-to-Median-PS-Value falls into.

Ossen Innovation Co Median PS Value Calculation

Ossen Innovation Co's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	21.007	*	0.14
	=	2.94

10-Year Median PS Ratio is 0.14.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ossen Innovation Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2020 was $21.007.

Ossen Innovation Co (NAS:OSN) 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.

Ossen Innovation Co's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	5.0499	/	2.94
	=	1.72

Ossen Innovation Co Median PS Value Related Terms

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Ossen Innovation Co (Ossen Innovation Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ossen Innovation Co Ltd (NAS:OSN) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

518 Shangcheng Road, Floor 17, Shanghai, CHN, 200120

Website

http://www.osseninnovation.com

Ossen Innovation Co Ltd designs, engineers, manufactures, and sells prestressed steel materials. The company's materials are used in the construction of bridges, highways and other infrastructure projects in the People's Republic of China and internationally. Its product is categorized as coated products and uncoated products. Its coated products include zinc, rare earth and plain surface prestressed concrete.It is used in the construction of new bridges and the renovation of older bridges. Uncoated products consist of wires that are twisted into a bundle and used in precast concrete plates on the riding surface of bridges. It is categorized based on size, strength, and structure.