GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cheng Shin Rubber Industry Co Ltd (TPE:2105) » Definitions » Median PS Value

Cheng Shin Rubber Industry Co (TPE:2105) Median PS Value : NT$31.92 (As of Jun. 25, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Cheng Shin Rubber Industry Co 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. Cheng Shin Rubber Industry Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was NT$22.701. Cheng Shin Rubber Industry Co's 10-Year median PS Ratio is 1.4061. Therefore, the Median PS Value for today is NT$31.92.

As of today (2024-06-25), Cheng Shin Rubber Industry Co's share price is NT$49.60. Cheng Shin Rubber Industry Co's Median PS Value is NT$31.92. Therefore, Cheng Shin Rubber Industry Co's Price to Median PS Value for today is 1.55.

The historical rank and industry rank for Cheng Shin Rubber Industry Co's Median PS Value or its related term are showing as below:

TPE:2105' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.59   Med: 0.79   Max: 1.57
Current: 1.55

During the past 13 years, the highest Price to Median PS Value of Cheng Shin Rubber Industry Co was 1.57. The lowest was 0.59. And the median was 0.79.

TPE:2105's Price-to-Median-PS-Value is ranked worse than
82.42% of 768 companies
in the Vehicles & Parts industry
Industry Median: 0.88 vs TPE:2105: 1.55

Cheng Shin Rubber Industry Co Median PS Value Historical Data

The historical data trend for Cheng Shin Rubber Industry 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.

* Premium members only.

Cheng Shin Rubber Industry Co Median PS Value Chart

Cheng Shin Rubber Industry Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 56.15 46.08 47.00 44.46

Cheng Shin Rubber Industry Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 44.46 43.47 42.88 41.82 31.92

Competitive Comparison of Cheng Shin Rubber Industry Co's Median PS Value

For the Auto Parts subindustry, Cheng Shin Rubber Industry 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.


Cheng Shin Rubber Industry Co's Price-to-Median-PS-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cheng Shin Rubber Industry Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Cheng Shin Rubber Industry Co's Price-to-Median-PS-Value falls into.



Cheng Shin Rubber Industry Co Median PS Value Calculation

Cheng Shin Rubber Industry Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=22.701*1.4061
=31.92

10-Year Median PS Ratio is 1.4061.
Cheng Shin Rubber Industry 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$22.701.

* 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.


Cheng Shin Rubber Industry Co  (TPE:2105) 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.

Cheng Shin Rubber Industry Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=49.60/31.92
=1.55

* 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.


Cheng Shin Rubber Industry Co Median PS Value Related Terms

Thank you for viewing the detailed overview of Cheng Shin Rubber Industry Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Cheng Shin Rubber Industry Co (TPE:2105) Business Description

Traded in Other Exchanges
N/A
Address
No. 215, Meigang Road, Dacun Township, Changhua, TWN, 51545
Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and other rubber products and the manufacturing and trading of various rubber products and relevant rubber machinery. The main sources of sales revenue are from the assembly plants and dealers. Its geographical segments are Taiwan, China, the United States, and Others.

Cheng Shin Rubber Industry Co (TPE:2105) Headlines

No Headlines