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. Cathay General Bancorp's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $11.117. Cathay General Bancorp's 10-Year median PS Ratio is 5.2865. Therefore, the Median PS Value for today is $58.77.
As of today (2024-04-24), Cathay General Bancorp's share price is $34.90. Cathay General Bancorp's Median PS Value is $58.77. Therefore, Cathay General Bancorp's Price to Median PS Value for today is 0.59.
The historical rank and industry rank for Cathay General Bancorp's Median PS Value or its related term are showing as below:
CATY'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.58 Med: 0.98 Max: 1.62
Current: 0.59
During the past 13 years, the highest Price to Median PS Value of Cathay General Bancorp was 1.62. The lowest was 0.58. And the median was 0.98.
CATY's Price-to-Median-PS-Value is ranked better than 82.58% of 953
companies
in the Banks industry
Industry Median: 0.85
vs CATY: 0.59
Cathay General Bancorp Median PS Value Historical Data
The historical data trend for Cathay General Bancorp'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.
For the Banks - Regional subindustry, Cathay General Bancorp'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.
Cathay General Bancorp Price-to-Median-PS-Value Distribution
For the Banks industry and Financial Services sector, Cathay General Bancorp's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Cathay General Bancorp's Price-to-Median-PS-Value falls into.
Cathay General Bancorp Median PS Value Calculation
Cathay General Bancorp's Median PS Value for today is calculated as
10-Year Median PS Ratio is 5.2865.
Cathay General Bancorp'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 $11.117.
* 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.
Cathay General Bancorp (NAS:CATY) 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.
Cathay General Bancorp's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
34.90
/
58.77
=
0.59
* 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.
Cathay General Bancorp Median PS Value Related Terms
Thank you for viewing the detailed overview of Cathay General Bancorp's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Cathay General Bancorp (Cathay General Bancorp) Business Description
Cathay General Bancorp is a regional bank primarily serving the Chinese-American community. With more than 45 branches and three international representative offices, the bank provides traditional loan and deposit products, as well as international trade-related services to individuals and small to midsize businesses. The Bank accepts checking, savings, and time deposits, and makes commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The Bank also provides letters of credit, safe deposit, Social Security payment deposit, bank-by-mail, Internet banking services, and other customary banking services.
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