GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Time Watch Investments Ltd (HKSE:02033) » Definitions » Median PS Value

Time Watch Investments (HKSE:02033) Median PS Value : HK$0.38 (As of May. 19, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Time Watch Investments 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. Time Watch Investments's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.461. Time Watch Investments's 10-Year median PS Ratio is 0.8243. Therefore, the Median PS Value for today is HK$0.38.

As of today (2024-05-19), Time Watch Investments's share price is HK$0.415. Time Watch Investments's Median PS Value is HK$0.38. Therefore, Time Watch Investments's Price to Median PS Value for today is 1.09.

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

HKSE:02033' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.88   Med: 0.88   Max: 1.09
Current: 1.09

During the past 13 years, the highest Price to Median PS Value of Time Watch Investments was 1.09. The lowest was 0.88. And the median was 0.88.

HKSE:02033's Price-to-Median-PS-Value is ranked worse than
50.3% of 662 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs HKSE:02033: 1.09

Time Watch Investments Median PS Value Historical Data

The historical data trend for Time Watch Investments'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.

Time Watch Investments Median PS Value Chart

Time Watch Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.38

Time Watch Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only - - - 0.38 -

Competitive Comparison of Time Watch Investments's Median PS Value

For the Footwear & Accessories subindustry, Time Watch Investments'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.


Time Watch Investments's Price-to-Median-PS-Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Time Watch Investments's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Time Watch Investments's Price-to-Median-PS-Value falls into.



Time Watch Investments Median PS Value Calculation

Time Watch Investments's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.461*0.8243
=0.38

10-Year Median PS Ratio is 0.8243.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Time Watch Investments's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.461.

* 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.


Time Watch Investments  (HKSE:02033) 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.

Time Watch Investments's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.415/0.38
=1.09

* 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.


Time Watch Investments Median PS Value Related Terms

Thank you for viewing the detailed overview of Time Watch Investments's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Time Watch Investments (HKSE:02033) Business Description

Traded in Other Exchanges
N/A
Address
77 Wing Hong Street, 27th Floor, CEO Tower, Kowloon, Hong Kong, HKG
Time Watch Investments Ltd is an investment holding company that operates as a manufacturer, brand-owner, and retailer of watches in the People's Republic of China (PRC). The company operates through following segments: Tian Wang Watch Business, Watch Movements Trading Business, and Other Brands (PRC) Business. The company generates maximum revenue from the Tian Wang Watch Business that involves manufacturing, the wholesale and retail business of owned brand watches, Tian Wang Watch. Its geographical segments include the PRC, which is the key revenue generator; and the Asia Pacific.

Time Watch Investments (HKSE:02033) Headlines

No Headlines