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. SMC's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $85.353. SMC's 10-Year median PS Ratio is 4.706. Therefore, the Median PS Value for today is $401.67.
As of today (2024-04-23), SMC's share price is $504.55. SMC's Median PS Value is $401.67. Therefore, SMC's Price to Median PS Value for today is 1.27.
The historical rank and industry rank for SMC's Median PS Value or its related term are showing as below:
SMECF'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.91 Med: 1.25 Max: 1.77
Current: 1.27
During the past 13 years, the highest Price to Median PS Value of SMC was 1.77. The lowest was 0.91. And the median was 1.25.
SMECF's Price-to-Median-PS-Value is ranked worse than 63.79% of 1555
companies
in the Industrial Products industry
Industry Median: 1.01
vs SMECF: 1.27
SMC Median PS Value Historical Data
The historical data trend for SMC'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 Specialty Industrial Machinery subindustry, SMC'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.
SMC Price-to-Median-PS-Value Distribution
For the Industrial Products industry and Industrials sector, SMC's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where SMC's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 4.706.
SMC'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 $85.353.
* 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.
SMC (OTCPK:SMECF) 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.
SMC's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
504.55
/
401.67
=
1.26
* 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.
SMC Median PS Value Related Terms
Thank you for viewing the detailed overview of SMC's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
SMC Corp (domiciled in Japan) manufactures automatic control and filtration equipment. Its filters, valves, cylinders, and actuators are sold to customers in various industrial markets, and contribute to automated operations. The company has two reportable business segments: automatic control equipment (majority of total revenues), and others. SMC operates several production facilities, sales offices, and technical development centers to construct various components and streamline the process. Asia accounts for majority of total sales, but the company does utilize offices in the United States, Europe, and other regions of the world. It works to meet the rules and needs of foreign countries to ensure its products can be accepted in differentiated markets.
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