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. Ways Technical's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was NT$7.051. Ways Technical's 10-Year median PS Ratio is 2.2777. Therefore, the Median PS Value for today is NT$16.06.
As of today (2024-05-21), Ways Technical's share price is NT$24.40. Ways Technical's Median PS Value is NT$16.06. Therefore, Ways Technical's Price to Median PS Value for today is 1.50.
The historical rank and industry rank for Ways Technical's Median PS Value or its related term are showing as below:
ROCO:3508'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.25 Med: 1.69 Max: 3.65
Current: 1.5
During the past 13 years, the highest Price to Median PS Value of Ways Technical was 3.65. The lowest was 1.25. And the median was 1.69.
ROCO:3508's Price-to-Median-PS-Value is ranked worse than 75.91% of 855
companies
in the Chemicals industry
Industry Median: 1.03
vs ROCO:3508: 1.50
Ways Technical Median PS Value Historical Data
The historical data trend for Ways Technical'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 Ways Technical's Median PS Value
For the Specialty Chemicals subindustry, Ways Technical'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.
Ways Technical's Price-to-Median-PS-Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ways Technical's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Ways Technical's Price-to-Median-PS-Value falls into.
Ways Technical Median PS Value Calculation
Ways Technical's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.2777.
Ways Technical'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 NT$7.051.
* 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.
Ways Technical (ROCO:3508) 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.
Ways Technical's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
24.40
/
16.06
=
1.52
* 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.
Ways Technical Median PS Value Related Terms
Thank you for viewing the detailed overview of Ways Technical's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Ways Technical Corp is a Taiwan-based company engaged in the manufacture of plastic daily necessities, surface treatment, electronic parts, and components manufacturing and processing. Its geographical segment includes Taiwan and China, business groups. The majority of the revenue comes from the Taiwan business group.
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