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Test Research (TPE:3030) Median PS Value : NT$53.19 (As of Jun. 21, 2024)


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What is Test Research 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. Test Research's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was NT$20.197. Test Research's 10-Year median PS Ratio is 2.6336. Therefore, the Median PS Value for today is NT$53.19.

As of today (2024-06-21), Test Research's share price is NT$163.50. Test Research's Median PS Value is NT$53.19. Therefore, Test Research's Price to Median PS Value for today is 3.07.

The historical rank and industry rank for Test Research's Median PS Value or its related term are showing as below:

TPE:3030' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.84   Med: 1.05   Max: 3.33
Current: 3.07

During the past 13 years, the highest Price to Median PS Value of Test Research was 3.33. The lowest was 0.84. And the median was 1.05.

TPE:3030's Price-to-Median-PS-Value is ranked worse than
89.88% of 1522 companies
in the Hardware industry
Industry Median: 1.13 vs TPE:3030: 3.07

Test Research Median PS Value Historical Data

The historical data trend for Test Research'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.

Test Research Median PS Value Chart

Test Research 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 45.66 52.66 61.66 73.65 49.35

Test Research 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 65.36 55.42 50.26 49.35 53.19

Competitive Comparison of Test Research's Median PS Value

For the Scientific & Technical Instruments subindustry, Test Research'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.


Test Research's Price-to-Median-PS-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Test Research's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Test Research's Price-to-Median-PS-Value falls into.



Test Research Median PS Value Calculation

Test Research's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=20.197*2.6336
=53.19

10-Year Median PS Ratio is 2.6336.
Test Research'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$20.197.

* 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.


Test Research  (TPE:3030) 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.

Test Research's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=163.50/53.19
=3.07

* 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.


Test Research Median PS Value Related Terms

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Test Research (TPE:3030) Business Description

Traded in Other Exchanges
N/A
Address
No. 45, Dexing W. Road, 7th Floor, Shilin District, Taipei, TWN, 11158
Test Research Inc designs testing equipment for industrial applications. The firm focuses on the design, assembly, manufacture, sales, repair, and maintenance of automated inspection and testing equipment. The firm receives a significant proportion of revenue from China and Taiwan.

Test Research (TPE:3030) Headlines

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