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 Chieftek Precision Co's Median PS Value or its related term are showing as below:
TPE:1597'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.03 Med: 1.27 Max: 1.65
Current: 1.47
During the past 13 years, the highest Price to Median PS Value of Chieftek Precision Co was 1.65. The lowest was 1.03. And the median was 1.27.
TPE:1597's Price-to-Median-PS-Value is ranked worse than 71.02% of 1563
companies
in the Industrial Products industry
Industry Median: 1.05
vs TPE:1597: 1.47
Chieftek Precision Co Median PS Value Historical Data
The historical data trend for Chieftek Precision Co'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 Chieftek Precision Co's Median PS Value
For the Electrical Equipment & Parts subindustry, Chieftek Precision Co'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.
Chieftek Precision Co's Price-to-Median-PS-Value Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chieftek Precision Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Chieftek Precision Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.8187.
Chieftek Precision Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$11.64.
* 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.
Chieftek Precision Co (TPE:1597) 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.
Chieftek Precision Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
65.50
/
44.45
=
1.47
* 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.
Chieftek Precision Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Chieftek Precision Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Chieftek Precision Co (TPE:1597) Business Description
Chieftek Precision Co Ltd engages in the manufacture and sale of the ball and roller bearings The Company engages in the research, development, manufacture and sales of miniature linear guides, miniature ball screws, miniature linear modules, electro-optics equipment and semiconductor process equipment. It involves in manufacture of miniature linear motion components. Its products include Standard 4-Row Ball Bearing Linear Guide, Wide 4-Row Ball Bearing Linear Guide, Miniature Linear Guide, ST Miniature Stroke Slide Series, and Ironless Linear Motor. Its products are applied in the industries requiring precise positioning applications, such as precision machinery, automation equipment, various power transmission applications, semiconductor manufacturing equipment, and medical equipment.
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