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Tex Year Industries Co (TPE:4720) Median PS Value : NT$10.91 (As of May. 21, 2024)


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What is Tex Year Industries 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. Tex Year Industries Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was NT$22.704. Tex Year Industries Co's 10-Year median PS Ratio is 0.4805. Therefore, the Median PS Value for today is NT$10.91.

As of today (2024-05-21), Tex Year Industries Co's share price is NT$19.30. Tex Year Industries Co's Median PS Value is NT$10.91. Therefore, Tex Year Industries Co's Price to Median PS Value for today is 1.77.

The historical rank and industry rank for Tex Year Industries Co's Median PS Value or its related term are showing as below:

TPE:4720' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.9   Med: 1.03   Max: 1.77
Current: 1.77

During the past 13 years, the highest Price to Median PS Value of Tex Year Industries Co was 1.77. The lowest was 0.90. And the median was 1.03.

TPE:4720's Price-to-Median-PS-Value is ranked worse than
82.57% of 855 companies
in the Chemicals industry
Industry Median: 1.03 vs TPE:4720: 1.77

Tex Year Industries Co Median PS Value Historical Data

The historical data trend for Tex Year Industries 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.

Tex Year Industries Co Median PS Value Chart

Tex Year Industries Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 14.19 15.40

Tex Year Industries Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 15.16 13.01 12.34 11.94 10.91

Competitive Comparison of Tex Year Industries Co's Median PS Value

For the Specialty Chemicals subindustry, Tex Year Industries 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.


Tex Year Industries Co's Price-to-Median-PS-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tex Year Industries Co's Price-to-Median-PS-Value falls into.



Tex Year Industries Co Median PS Value Calculation

Tex Year Industries Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=22.704*0.4805
=10.91

10-Year Median PS Ratio is 0.4805.
Tex Year Industries 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$22.704.

* 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.


Tex Year Industries Co  (TPE:4720) 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.

Tex Year Industries Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=19.30/10.91
=1.77

* 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.


Tex Year Industries Co Median PS Value Related Terms

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Tex Year Industries Co (TPE:4720) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Wuquan 6th Road, Wugu District, New Taipei, TWN, 248
Tex Year Industries Co Ltd is the company whose main business items are the manufacturing and trading of glues, adhesives, hot-melt glues, and medical equipment. The company's product pipeline includes hot melt adhesives, dental supplies, visible light curing glue, Infection control, vibration equipment, and others. The company's geographical reporting segments are Taiwan, Asia, Europe, America, and others.

Tex Year Industries Co (TPE:4720) Headlines

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