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Tian Ruixiang Holdings (Tian Ruixiang Holdings) Median PS Value : $0.00 (As of Apr. 27, 2024)


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What is Tian Ruixiang Holdings 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. Tian Ruixiang Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2023 was $0.393. Tian Ruixiang Holdings's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-04-27), Tian Ruixiang Holdings's share price is $0.5001. Tian Ruixiang Holdings's Median PS Value is $0.00. Therefore, Tian Ruixiang Holdings's Price to Median PS Value for today is 0.00.

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

TIRX's Price-to-Median-PS-Value is not ranked *
in the Insurance industry.
Industry Median: 0.97
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Tian Ruixiang Holdings Median PS Value Historical Data

The historical data trend for Tian Ruixiang Holdings'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.

Tian Ruixiang Holdings Median PS Value Chart

Tian Ruixiang Holdings Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Median PS Value
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Tian Ruixiang Holdings Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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Competitive Comparison of Tian Ruixiang Holdings's Median PS Value

For the Insurance Brokers subindustry, Tian Ruixiang Holdings'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.


Tian Ruixiang Holdings's Price-to-Median-PS-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tian Ruixiang Holdings's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tian Ruixiang Holdings's Price-to-Median-PS-Value falls into.



Tian Ruixiang Holdings Median PS Value Calculation

Tian Ruixiang Holdings's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.393*0
=0.00

10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tian Ruixiang Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2023 was $0.393.

* 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.


Tian Ruixiang Holdings  (NAS:TIRX) 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.

Tian Ruixiang Holdings's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.5001/0.00
=

* 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.


Tian Ruixiang Holdings Median PS Value Related Terms

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Tian Ruixiang Holdings (Tian Ruixiang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
North East Third Ring Road, Room 1001, 10 / F, No. 25, Chaoyang District, Beijing, CHN
Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.