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 Dec. 2023 was $1.012. Taitron Components's 10-Year median PS Ratio is 1.6502. Therefore, the Median PS Value for today is $1.67.
As of today (2024-04-23), Taitron Components's share price is $3.14. Taitron Components's Median PS Value is $1.67. Therefore, Taitron Components's Price to Median PS Value for today is 1.88.
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: 1 Med: 1.66 Max: 2.9
Current: 1.88
During the past 13 years, the highest Price to Median PS Value of Taitron Components was 2.90. The lowest was 1.00. And the median was 1.66.
TAIT's Price-to-Median-PS-Value is ranked worse than 80.3% of 1513
companies
in the Hardware industry
Industry Median: 1.09
vs TAIT: 1.88
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.
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 Price-to-Median-PS-Value Distribution
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
10-Year Median PS Ratio is 1.6502.
Taitron Components'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 $1.012.
* 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
=
3.14
/
1.67
=
1.88
* 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
Thank you for viewing the detailed overview of Taitron Components's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Taitron Components (Taitron Components) Business Description
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. Its 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.
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