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. IT Tech Packaging's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $8.598. IT Tech Packaging's 10-Year median PS Ratio is 0.1593. Therefore, the Median PS Value for today is $1.37.
As of today (2024-04-25), IT Tech Packaging's share price is $0.2346. IT Tech Packaging's Median PS Value is $1.37. Therefore, IT Tech Packaging's Price to Median PS Value for today is 0.17.
The historical rank and industry rank for IT Tech Packaging's Median PS Value or its related term are showing as below:
ITP'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.17 Med: 0.63 Max: 0.94
Current: 0.17
During the past 13 years, the highest Price to Median PS Value of IT Tech Packaging was 0.94. The lowest was 0.17. And the median was 0.63.
ITP's Price-to-Median-PS-Value is ranked better than 95.85% of 217
companies
in the Forest Products industry
Industry Median: 0.97
vs ITP: 0.17
IT Tech Packaging Median PS Value Historical Data
The historical data trend for IT Tech Packaging'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 IT Tech Packaging's Median PS Value
For the Paper & Paper Products subindustry, IT Tech Packaging'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.
IT Tech Packaging's Price-to-Median-PS-Value Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, IT Tech Packaging's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where IT Tech Packaging's Price-to-Median-PS-Value falls into.
IT Tech Packaging Median PS Value Calculation
IT Tech Packaging's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.1593.
IT Tech Packaging'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 $8.598.
* 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.
IT Tech Packaging (AMEX:ITP) 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.
IT Tech Packaging's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.2346
/
1.37
=
0.17
* 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.
IT Tech Packaging Median PS Value Related Terms
Thank you for viewing the detailed overview of IT Tech Packaging's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
IT Tech Packaging (IT Tech Packaging) Business Description
IT Tech Packaging Inc is a holding company engaged in the business of paper manufacturing in China. The company operates as a producer and distributor of paper products. It involves in production and distribution of three categories of paper products: packing paper (corrugating medium paper), offset printing paper, and tissue paper products. It also produces digital photo paper. Its business is structured into two segments Dongfang Paper and Tengsheng Paper which produces offset printing paper and corrugating medium paper, tissue paper and Baoding Shengde which produces face masks and digital photo paper.
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