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 The Hi-Tech Gears's Median PS Value or its related term are showing as below:
BOM:522073'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.68 Med: 1.16 Max: 2.09
Current: 2.09
During the past 13 years, the highest Price to Median PS Value of The Hi-Tech Gears was 2.09. The lowest was 0.68. And the median was 1.16.
BOM:522073's Price-to-Median-PS-Value is ranked worse than 91.41% of 768
companies
in the Vehicles & Parts industry
Industry Median: 0.895
vs BOM:522073: 2.09
The Hi-Tech Gears Median PS Value Historical Data
The historical data trend for The Hi-Tech Gears'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 The Hi-Tech Gears's Median PS Value
For the Auto Parts subindustry, The Hi-Tech Gears'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.
The Hi-Tech Gears's Price-to-Median-PS-Value Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where The Hi-Tech Gears's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.8199.
The Hi-Tech Gears's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹575.717.
* 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.
The Hi-Tech Gears (BOM:522073) 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.
The Hi-Tech Gears's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
985.10
/
472.03
=
2.09
* 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.
The Hi-Tech Gears Median PS Value Related Terms
Thank you for viewing the detailed overview of The Hi-Tech Gears's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
The Hi-Tech Gears (BOM:522073) Business Description
The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is primarily engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzer, clutches, steering wheels, steering columns and steering boxes. The company's product includes power takeoff, car transmission and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India.
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