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 Hiyes International Co's Median PS Value or its related term are showing as below:
TPE:2348'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.38 Med: 0.6 Max: 0.94
Current: 0.93
During the past 13 years, the highest Price to Median PS Value of Hiyes International Co was 0.94. The lowest was 0.38. And the median was 0.60.
TPE:2348's Price-to-Median-PS-Value is ranked worse than 54.21% of 1057
companies
in the Real Estate industry
Industry Median: 0.87
vs TPE:2348: 0.93
Hiyes International Co Median PS Value Historical Data
The historical data trend for Hiyes International 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 Hiyes International Co's Median PS Value
For the Real Estate Services subindustry, Hiyes International 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.
Hiyes International Co's Price-to-Median-PS-Value Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Hiyes International Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Hiyes International Co's Price-to-Median-PS-Value falls into.
Hiyes International Co Median PS Value Calculation
10-Year Median PS Ratio is 2.6606.
Hiyes International 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$79.178.
* 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.
Hiyes International Co (TPE:2348) 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.
Hiyes International Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
195.50
/
210.66
=
0.93
* 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.
Hiyes International Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Hiyes International Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Hiyes International Co (TPE:2348) Business Description
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses. The company is also engaged in research and development, manufacture, and sale of optical readers and related components, multimedia products, personal computers and peripherals, telecommunication products, and digital cameras, as well as import and export trading of items relevant to the Company's business.
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