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. Oversea-Chinese Banking's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.437. Oversea-Chinese Banking's 10-Year median PS Ratio is 4.7983. Therefore, the Median PS Value for today is $21.29.
As of today (2024-04-23), Oversea-Chinese Banking's share price is $20.67. Oversea-Chinese Banking's Median PS Value is $21.29. Therefore, Oversea-Chinese Banking's Price to Median PS Value for today is 0.97.
The historical rank and industry rank for Oversea-Chinese Banking's Median PS Value or its related term are showing as below:
OVCHY'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.9 Med: 0.97 Max: 1.02
Current: 0.97
During the past 13 years, the highest Price to Median PS Value of Oversea-Chinese Banking was 1.02. The lowest was 0.90. And the median was 0.97.
OVCHY's Price-to-Median-PS-Value is ranked worse than 62.96% of 953
companies
in the Banks industry
Industry Median: 0.85
vs OVCHY: 0.97
Oversea-Chinese Banking Median PS Value Historical Data
The historical data trend for Oversea-Chinese Banking'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.
For the Banks - Regional subindustry, Oversea-Chinese Banking'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.
Oversea-Chinese Banking Price-to-Median-PS-Value Distribution
For the Banks industry and Financial Services sector, Oversea-Chinese Banking's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Oversea-Chinese Banking's Price-to-Median-PS-Value falls into.
Oversea-Chinese Banking Median PS Value Calculation
Oversea-Chinese Banking's Median PS Value for today is calculated as
10-Year Median PS Ratio is 4.7983.
Oversea-Chinese Banking'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 $4.437.
* 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.
Oversea-Chinese Banking (OTCPK:OVCHY) 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.
Oversea-Chinese Banking's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
20.67
/
21.29
=
0.97
* 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.
Oversea-Chinese Banking Median PS Value Related Terms
Thank you for viewing the detailed overview of Oversea-Chinese Banking's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Oversea-Chinese Banking (Oversea-Chinese Banking) Business Description
Oversea-Chinese Banking, or OCBC, is the longest-established Singapore bank, founded by the merger of three local banks in 1932. The group's operations include consumer banking; wealth management and private banking (offering through its Bank of Singapore subsidiary); small to midsize enterprise and business banking; corporate and institutional banking; and insurance through majority owned Great Eastern.
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