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 Cardia Bioplastics's Median PS Value or its related term are showing as below:
During the past 13 years, the highest Price to Median PS Value of Cardia Bioplastics was 5.10. The lowest was 0.05. And the median was 0.61.
ASX:CNN's Price-to-Median-PS-Value is not ranked *
in the Packaging & Containers industry.
Industry Median: 0.99 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Cardia Bioplastics Median PS Value Historical Data
The historical data trend for Cardia Bioplastics'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 Cardia Bioplastics's Median PS Value
For the Packaging & Containers subindustry, Cardia Bioplastics'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.
Cardia Bioplastics's Price-to-Median-PS-Value Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Cardia Bioplastics's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Cardia Bioplastics's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is .
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cardia Bioplastics's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$.
* 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.
Cardia Bioplastics (ASX:CNN) 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.
Cardia Bioplastics's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.00
/
3.11
=
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.
Cardia Bioplastics Median PS Value Related Terms
Thank you for viewing the detailed overview of Cardia Bioplastics's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
SECOS Group Ltd is an Australian developer and manufacturer of sustainable packaging materials. . Business operating segment includes the manufacture and distribution of polyethylene films, renewable resource-based resins, and finished products. It supplies proprietary biodegradable resins, packaging products cast films to a customer base spread globally.SECOS Global Application Development Centre is in Australia. Product Development Centre and manufacturing plant for resins and finished products in China and resins plant in Malaysia. It also has manufacturing plants for cast films in Malaysia. It conducts sales via geographical regions that include Australia, Asia, America, Europe, and Africa. Asia generates maximum revenue for the company.
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