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Wetouch Technology (Wetouch Technology) Median PS Value : $0.00 (As of Jun. 05, 2024)


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What is Wetouch Technology 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. Wetouch Technology's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.342. Wetouch Technology's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-06-05), Wetouch Technology's share price is $1.72. Wetouch Technology's Median PS Value is $0.00. Therefore, Wetouch Technology's Price to Median PS Value for today is 0.00.

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

WETH's Price-to-Median-PS-Value is not ranked *
in the Real Estate industry.
Industry Median: 0.88
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Wetouch Technology Median PS Value Historical Data

The historical data trend for Wetouch Technology'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.

* Premium members only.

Wetouch Technology Median PS Value Chart

Wetouch Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
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Wetouch Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Wetouch Technology's Median PS Value

For the Real Estate Services subindustry, Wetouch Technology'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.


Wetouch Technology's Price-to-Median-PS-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wetouch Technology's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Wetouch Technology's Price-to-Median-PS-Value falls into.



Wetouch Technology Median PS Value Calculation

Wetouch Technology's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=4.342*0
=0.00

10-Year Median PS Ratio is 0.
Wetouch Technology'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 $4.342.

* 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.


Wetouch Technology  (NAS:WETH) 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.

Wetouch Technology's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=1.72/0.00
=

* 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.


Wetouch Technology Median PS Value Related Terms

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Wetouch Technology (Wetouch Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, Third Main Avenue, Shigao Town, Renshou County, Meishan, Sichuan, CHN, 620500
Wetouch Technology Inc is a touch panel supplier focused on R & D, production and sales of touch screen products. It offers touchscreens for a variety of applications, including GPS/car entertainment panels for automotive industry, industrial human-machine interface ("HMI"), financial and banking terminals, point of sale, lottery and gaming machines, smart home, robots and charging stations. The Company sells touchscreen products both domestically in China and internationally, covering majority areas in China, Taiwan, South Korea, and Germany.