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Tianrong Internet Products And Services (Tianrong Internet Products And Services) Median PS Value : $0.00 (As of May. 08, 2024)


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What is Tianrong Internet Products And Services 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. Tianrong Internet Products And Services's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $. Tianrong Internet Products And Services's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is $0.00.

As of today (2024-05-08), Tianrong Internet Products And Services's share price is $0.098. Tianrong Internet Products And Services's Median PS Value is $0.00. Therefore, Tianrong Internet Products And Services's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Tianrong Internet Products And Services's Median PS Value or its related term are showing as below:

TIPS's Price-to-Median-PS-Value is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.81
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Tianrong Internet Products And Services Median PS Value Historical Data

The historical data trend for Tianrong Internet Products And Services'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.

Tianrong Internet Products And Services Median PS Value Chart

Tianrong Internet Products And Services Annual Data
Trend
Median PS Value

Tianrong Internet Products And Services Semi-Annual Data
Sep22 Sep23
Median PS Value - -

Competitive Comparison of Tianrong Internet Products And Services's Median PS Value

For the Medical Devices subindustry, Tianrong Internet Products And Services'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.


Tianrong Internet Products And Services's Price-to-Median-PS-Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tianrong Internet Products And Services's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tianrong Internet Products And Services's Price-to-Median-PS-Value falls into.



Tianrong Internet Products And Services Median PS Value Calculation

Tianrong Internet Products And Services's Median PS Value for today is calculated as

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

10-Year Median PS Ratio is .
For company reported annually, GuruFocus uses latest annual data as the TTM data. Tianrong Internet Products And Services's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $.

* 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.


Tianrong Internet Products And Services  (OTCPK:TIPS) 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.

Tianrong Internet Products And Services's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.098/
=

* 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.


Tianrong Internet Products And Services Median PS Value Related Terms

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Tianrong Internet Products And Services (Tianrong Internet Products And Services) Business Description

Traded in Other Exchanges
N/A
Address
2374 Route 390, P.O. Box 609, Mountainhome, PA, USA, 18342
Website
Tianrong Internet Products And Services Inc is a United States-based holding company whose strategy is the acquisition of med-tech and medical devices sectors.

Tianrong Internet Products And Services (Tianrong Internet Products And Services) Headlines

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