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Morinaga Milk Industry Co (TSE:2264) Median PS Value : 円2,222.60 (As of Apr. 25, 2024)


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What is Morinaga Milk Industry 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. Morinaga Milk Industry Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円6114.437. Morinaga Milk Industry Co's 10-Year median PS Ratio is 0.3635. Therefore, the Median PS Value for today is 円2,222.60.

As of today (2024-04-25), Morinaga Milk Industry Co's share price is 円3025.00. Morinaga Milk Industry Co's Median PS Value is 円2,222.60. Therefore, Morinaga Milk Industry Co's Price to Median PS Value for today is 1.36.

The historical rank and industry rank for Morinaga Milk Industry Co's Median PS Value or its related term are showing as below:

TSE:2264' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.12   Med: 1.82   Max: 2.32
Current: 1.36

During the past 13 years, the highest Price to Median PS Value of Morinaga Milk Industry Co was 2.32. The lowest was 1.12. And the median was 1.82.

TSE:2264's Price-to-Median-PS-Value is ranked worse than
79.76% of 1067 companies
in the Consumer Packaged Goods industry
Industry Median: 0.87 vs TSE:2264: 1.36

Morinaga Milk Industry Co Median PS Value Historical Data

The historical data trend for Morinaga Milk Industry 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.

Morinaga Milk Industry Co Median PS Value Chart

Morinaga Milk Industry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 960.99 1,146.16 1,455.69 1,551.11 2,021.37

Morinaga Milk Industry Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,935.64 2,021.37 2,103.66 2,171.51 2,222.60

Competitive Comparison of Morinaga Milk Industry Co's Median PS Value

For the Packaged Foods subindustry, Morinaga Milk Industry 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.


Morinaga Milk Industry Co's Price-to-Median-PS-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga Milk Industry Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Morinaga Milk Industry Co's Price-to-Median-PS-Value falls into.



Morinaga Milk Industry Co Median PS Value Calculation

Morinaga Milk Industry Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=6114.437*0.3635
=2,222.60

10-Year Median PS Ratio is 0.3635.
Morinaga Milk Industry Co'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 円6114.437.

* 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.


Morinaga Milk Industry Co  (TSE:2264) 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.

Morinaga Milk Industry Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=3025.00/2,222.60
=1.36

* 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.


Morinaga Milk Industry Co Median PS Value Related Terms

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Morinaga Milk Industry Co (TSE:2264) Business Description

Traded in Other Exchanges
Address
33-1, Shiba 5-chome, Minato-ku, Tokyo, JPN, 108-8384
Morinaga Milk Industry Co., Ltd. is a Japanese company engaged in the production and distribution of dairy products. It produces a variety of milk and milk based products such as dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter, cheese, ice cream, clinical liquid diets. It also manufactures and sells animal feed, and constructs plant equipments. The company through its subsidiaries markets its products internationally.

Morinaga Milk Industry Co (TSE:2264) Headlines

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