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 Yieh United Steel's Median PS Value or its related term are showing as below:
ROCO:9957'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.12 Med: 1.34 Max: 2.47
Current: 1.16
During the past 13 years, the highest Price to Median PS Value of Yieh United Steel was 2.47. The lowest was 1.12. And the median was 1.34.
ROCO:9957's Price-to-Median-PS-Value is ranked worse than 54.55% of 407
companies
in the Steel industry
Industry Median: 1.06
vs ROCO:9957: 1.16
Yieh United Steel Median PS Value Historical Data
The historical data trend for Yieh United Steel'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 Yieh United Steel's Median PS Value
For the Steel subindustry, Yieh United Steel'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.
Yieh United Steel's Price-to-Median-PS-Value Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Yieh United Steel's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Yieh United Steel's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.3666.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Yieh United Steel's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was NT$16.558.
* 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.
Yieh United Steel (ROCO:9957) 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.
Yieh United Steel's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
7.06
/
6.07
=
1.16
* 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.
Yieh United Steel Median PS Value Related Terms
Thank you for viewing the detailed overview of Yieh United Steel's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Yieh United Steel (ROCO:9957) Business Description
Yieh United Steel Corp operates as a steel manufacturer. The products of the company include stainless steel small steel embryo, cold rolled steel coil, stainless steel hot-rolled steel sheet, stainless steel hot rolled black steel coil, carbon steel small steel embryo, and carbon steel hot rolled crude steel coil.
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