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 Great Taipei Gas's Median PS Value or its related term are showing as below:
TPE:9908'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.13 Med: 1.45 Max: 1.78
Current: 1.14
During the past 13 years, the highest Price to Median PS Value of Great Taipei Gas was 1.78. The lowest was 1.13. And the median was 1.45.
TPE:9908's Price-to-Median-PS-Value is ranked worse than 65.52% of 377
companies
in the Utilities - Regulated industry
Industry Median: 0.92
vs TPE:9908: 1.14
Great Taipei Gas Median PS Value Historical Data
The historical data trend for Great Taipei Gas'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 Great Taipei Gas's Median PS Value
For the Utilities - Regulated Gas subindustry, Great Taipei Gas'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.
Great Taipei Gas's Price-to-Median-PS-Value Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Great Taipei Gas's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Great Taipei Gas's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.8778.
Great Taipei Gas's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$6.924.
* 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.
Great Taipei Gas (TPE:9908) 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.
Great Taipei Gas's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
30.50
/
26.85
=
1.14
* 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.
Great Taipei Gas Median PS Value Related Terms
Thank you for viewing the detailed overview of Great Taipei Gas's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Great Taipei Gas Corp is a Taiwanese gas utility company that provides natural gas services to districts throughout the city of Taipei, Taiwan. The company's core activity is the selling of a variety of gas utility-related products and supplies, such as natural gas, gas equipment, gas meters, and gas instruments, which are sourced primarily from Europe, America, and Japan. Great Taipei Gas then distributes natural gas to end users in the Taiwanese capital city by operating a network of gas pipelines and storage facilities.
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