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TAIT (Taitron Components) Median PS Value : $1.53 (As of Dec. 13, 2024)


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What is Taitron Components 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. Taitron Components's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $0.72. Taitron Components's 10-Year median PS Ratio is 2.125. Therefore, the Median PS Value for today is $1.53.

As of today (2024-12-13), Taitron Components's share price is $2.66. Taitron Components's Median PS Value is $1.53. Therefore, Taitron Components's Price to Median PS Value for today is 1.74.

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

TAIT' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.89   Med: 1.92   Max: 3.82
Current: 1.74

During the past 13 years, the highest Price to Median PS Value of Taitron Components was 3.82. The lowest was 0.89. And the median was 1.92.

TAIT's Price-to-Median-PS-Value is ranked worse than
70.98% of 1523 companies
in the Hardware industry
Industry Median: 1.21 vs TAIT: 1.74

Taitron Components Median PS Value Historical Data

The historical data trend for Taitron Components'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.

Taitron Components Median PS Value Chart

Taitron Components Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.12 1.54 1.79 1.67

Taitron Components Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.66 1.67 1.62 1.62 1.53

Competitive Comparison of Taitron Components's Median PS Value

For the Electronics & Computer Distribution subindustry, Taitron Components'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.


Taitron Components's Price-to-Median-PS-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taitron Components's Price-to-Median-PS-Value distribution charts can be found below:

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



Taitron Components Median PS Value Calculation

Taitron Components's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.72*2.125
=1.53

10-Year Median PS Ratio is 2.125.
Taitron Components's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.72.

* 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.


Taitron Components  (NAS:TAIT) 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.

Taitron Components's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=2.66/1.53
=1.74

* 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.


Taitron Components Median PS Value Related Terms

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Taitron Components Business Description

Traded in Other Exchanges
N/A
Address
28040 West Harrison Parkway, Valencia, CA, USA, 91355
Taitron Components Inc is a supplier of originally designed and manufactured (ODM) products that include value-added engineering and turn-key solutions. It focuses on providing original equipment manufacturers (OEMs) and contracts electronic manufacturers (CEMs) with ODM products for their multi-year turn-key projects and ODM electronic components. The company's product offerings range from discrete semiconductors to small electronic devices. The company also distributes brand-name electronic components with a vast inventory available on hand. Its Taiwan and China locations provide support for inventory sourcing, purchases, and coordinating the manufacture of ODM Projects and ODM Components.
Executives
Chi-lin Chung director 28040 WEST HARRISON PARKWAY, VALENCIA CA 91355
Craig Miller director 15165 VENTURA BLVD, STE 425, SHERMAAN OAKS CA 91403
David Vanderhorst officer: CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Stewart Wang director, 10 percent owner, officer: President, CEO, CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Tzu Sheng Ku director, 10 percent owner, officer: Chairman C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Richard Chiang director 28040 W HARRISON PKWY, VALENCIA CA 91355
Felix Sung director C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355

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