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. CMC Magnetics's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was NT$6.865. CMC Magnetics's 10-Year median PS Ratio is 1.059. Therefore, the Median PS Value for today is NT$7.27.
As of today (2024-05-14), CMC Magnetics's share price is NT$13.00. CMC Magnetics's Median PS Value is NT$7.27. Therefore, CMC Magnetics's Price to Median PS Value for today is 1.79.
The historical rank and industry rank for CMC Magnetics's Median PS Value or its related term are showing as below:
TPE:2323'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.36 Med: 1.58 Max: 2.11
Current: 1.79
During the past 13 years, the highest Price to Median PS Value of CMC Magnetics was 2.11. The lowest was 1.36. And the median was 1.58.
TPE:2323's Price-to-Median-PS-Value is ranked worse than 76.22% of 1514
companies
in the Hardware industry
Industry Median: 1.14
vs TPE:2323: 1.79
CMC Magnetics Median PS Value Historical Data
The historical data trend for CMC Magnetics'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 CMC Magnetics's Median PS Value
For the Computer Hardware subindustry, CMC Magnetics'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.
CMC Magnetics's Price-to-Median-PS-Value Distribution in the Hardware Industry
For the Hardware industry and Technology sector, CMC Magnetics's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where CMC Magnetics's Price-to-Median-PS-Value falls into.
CMC Magnetics Median PS Value Calculation
CMC Magnetics's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.059.
CMC Magnetics's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$6.865.
* 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.
CMC Magnetics (TPE:2323) 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.
CMC Magnetics's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
13.00
/
7.27
=
1.79
* 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.
CMC Magnetics Median PS Value Related Terms
Thank you for viewing the detailed overview of CMC Magnetics's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
CMC Magnetics Corp is engaged in the manufacturing and sale of consumer electronic products, including optical discs, and the acquisition of film agency rights, and production and distribution of digital discs and Blu-ray discs for sales and rental business. CMC provides optical storage devices like compact discs and digital video discs with additional functionalities that allow a user to record or rewrite data. The company also offers to package for optical storage products, USB storage, alkaline batteries, and flash storage products. Its products include Compact Disc Recordable, Compact Disc Rewritable, Digital Video Disc-Recordable, videotapes, and others. The firm has manufacturing facilities in Taiwan, China, and Hong Kong, and generates revenue from the Americas, Europe, and Asia.
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