GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tung Ho Steel Enterprise Corp (TPE:2006) » Definitions » Median PS Value

Tung Ho Steel Enterprise (TPE:2006) Median PS Value : NT$62.74 (As of May. 27, 2024)


View and export this data going back to 1988. Start your Free Trial

What is Tung Ho Steel Enterprise 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. Tung Ho Steel Enterprise's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was NT$85.501. Tung Ho Steel Enterprise's 10-Year median PS Ratio is 0.7338. Therefore, the Median PS Value for today is NT$62.74.

As of today (2024-05-27), Tung Ho Steel Enterprise's share price is NT$69.60. Tung Ho Steel Enterprise's Median PS Value is NT$62.74. Therefore, Tung Ho Steel Enterprise's Price to Median PS Value for today is 1.11.

The historical rank and industry rank for Tung Ho Steel Enterprise's Median PS Value or its related term are showing as below:

TPE:2006' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.74   Med: 1.03   Max: 1.53
Current: 1.11

During the past 13 years, the highest Price to Median PS Value of Tung Ho Steel Enterprise was 1.53. The lowest was 0.74. And the median was 1.03.

TPE:2006's Price-to-Median-PS-Value is ranked worse than
55.28% of 407 companies
in the Steel industry
Industry Median: 1.04 vs TPE:2006: 1.11

Tung Ho Steel Enterprise Median PS Value Historical Data

The historical data trend for Tung Ho Steel Enterprise'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.

Tung Ho Steel Enterprise Median PS Value Chart

Tung Ho Steel Enterprise 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 45.92 43.05 59.74 61.16 61.27

Tung Ho Steel Enterprise Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 58.27 57.65 58.70 61.27 62.74

Competitive Comparison of Tung Ho Steel Enterprise's Median PS Value

For the Steel subindustry, Tung Ho Steel Enterprise'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.


Tung Ho Steel Enterprise's Price-to-Median-PS-Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tung Ho Steel Enterprise's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tung Ho Steel Enterprise's Price-to-Median-PS-Value falls into.



Tung Ho Steel Enterprise Median PS Value Calculation

Tung Ho Steel Enterprise's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=85.501*0.7338
=62.74

10-Year Median PS Ratio is 0.7338.
Tung Ho Steel Enterprise'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$85.501.

* 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.


Tung Ho Steel Enterprise  (TPE:2006) 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.

Tung Ho Steel Enterprise's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=69.60/62.74
=1.11

* 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.


Tung Ho Steel Enterprise Median PS Value Related Terms

Thank you for viewing the detailed overview of Tung Ho Steel Enterprise's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Tung Ho Steel Enterprise (TPE:2006) Business Description

Traded in Other Exchanges
N/A
Address
Chang-an East Road, 6th Floor, No. 9, Section 1, Taipei, TWN, 10441
Tung Ho Steel Enterprise Corp is a Taiwan-based company that is primarily engaged in the manufacturing and distribution of steel products. The company's product portfolio includes rebar, which is primarily applied in building projects, including high-rises, factories, public construction, and social welfare initiatives; steel section, which is used in buildings (steel structures) and other construction projects (bridges, ships, vehicles, and so on); and steel plate, which is broadly utilized in factories, logistics warehouses, office and residential buildings, bridges, and other buildings. Rebar and steel section account for the majority of the company's revenue. The company generates most of its sales from the Taiwan domestic market.

Tung Ho Steel Enterprise (TPE:2006) Headlines

No Headlines