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.
The historical rank and industry rank for St Shine Optical Co's Median PS Value or its related term are showing as below:
ROCO:1565'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.52 Med: 0.55 Max: 0.65
Current: 0.52
During the past 13 years, the highest Price to Median PS Value of St Shine Optical Co was 0.65. The lowest was 0.52. And the median was 0.55.
ROCO:1565's Price-to-Median-PS-Value is ranked better than 74.12% of 313
companies
in the Medical Devices & Instruments industry
Industry Median: 0.78
vs ROCO:1565: 0.52
St Shine Optical Co Median PS Value Historical Data
The historical data trend for St Shine Optical 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.
Competitive Comparison of St Shine Optical Co's Median PS Value
For the Medical Instruments & Supplies subindustry, St Shine Optical 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.
St Shine Optical Co's Price-to-Median-PS-Value Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, St Shine Optical Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where St Shine Optical Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 4.0982.
St Shine Optical Co'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 NT$86.58.
* 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.
St Shine Optical Co (ROCO:1565) 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.
St Shine Optical Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
184.50
/
354.82
=
0.52
* 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.
St Shine Optical Co Median PS Value Related Terms
Thank you for viewing the detailed overview of St Shine Optical Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
St Shine Optical Co (ROCO:1565) Business Description
St Shine Optical Co Ltd is a contact lens manufacturer and one of the largest suppliers of contact lenses in Taiwan. The company primarily sells soft contact lenses, including daily disposable, frequent replacement spherical, frequent replacement toric, colored, and silicone hydrogel lenses. Its frequent replacement portfolio includes weekly, monthly, and quarterly replacement lenses with a range of water contents. St Shine manufactures its lenses with a cast-molding technology developed in-house and uses a computerized lathe cut system to manufacture progressive multifocal lenses used to correct presbyopia. It operates in two segments: Cast molding lenses and Others.
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