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Mitsubishi Electric (Mitsubishi Electric) Median PS Value : $23.06 (As of Apr. 26, 2024)


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What is Mitsubishi Electric 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. Mitsubishi Electric's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $35.105. Mitsubishi Electric's 10-Year median PS Ratio is 0.6569. Therefore, the Median PS Value for today is $23.06.

As of today (2024-04-26), Mitsubishi Electric's share price is $32.38. Mitsubishi Electric's Median PS Value is $23.06. Therefore, Mitsubishi Electric's Price to Median PS Value for today is 1.40.

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

MIELY' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.82   Med: 1.09   Max: 1.42
Current: 1.4

During the past 13 years, the highest Price to Median PS Value of Mitsubishi Electric was 1.42. The lowest was 0.82. And the median was 1.09.

MIELY's Price-to-Median-PS-Value is ranked worse than
67.74% of 1556 companies
in the Industrial Products industry
Industry Median: 1.02 vs MIELY: 1.40

Mitsubishi Electric Median PS Value Historical Data

The historical data trend for Mitsubishi Electric'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.

Mitsubishi Electric Median PS Value Chart

Mitsubishi Electric Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.40 24.77 23.90 23.65 24.90

Mitsubishi Electric Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only 24.10 24.90 23.78 23.39 24.94

Competitive Comparison of Mitsubishi Electric's Median PS Value

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.


Mitsubishi Electric's Price-to-Median-PS-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Price-to-Median-PS-Value distribution charts can be found below:

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



Mitsubishi Electric Median PS Value Calculation

Mitsubishi Electric's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=35.105*0.6569
=23.06

10-Year Median PS Ratio is 0.6569.
Mitsubishi Electric'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 $35.105.

* 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.


Mitsubishi Electric  (OTCPK:MIELY) 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.

Mitsubishi Electric's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=32.38/23.06
=1.40

* 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.


Mitsubishi Electric Median PS Value Related Terms

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Mitsubishi Electric (Mitsubishi Electric) Business Description

Traded in Other Exchanges
Address
Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a general electric diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.