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Nichia Steel Works (TSE:5658) Median PS Value : 円357.91 (As of Jun. 21, 2024)


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What is Nichia Steel Works 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. Nichia Steel Works's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円716.976. Nichia Steel Works's 10-Year median PS Ratio is 0.4992. Therefore, the Median PS Value for today is 円357.91.

As of today (2024-06-21), Nichia Steel Works's share price is 円317.00. Nichia Steel Works's Median PS Value is 円357.91. Therefore, Nichia Steel Works's Price to Median PS Value for today is 0.89.

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

TSE:5658' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.68   Med: 0.89   Max: 1.12
Current: 0.89

During the past 13 years, the highest Price to Median PS Value of Nichia Steel Works was 1.12. The lowest was 0.68. And the median was 0.89.

TSE:5658's Price-to-Median-PS-Value is ranked better than
61.64% of 1559 companies
in the Industrial Products industry
Industry Median: 1.04 vs TSE:5658: 0.89

Nichia Steel Works Median PS Value Historical Data

The historical data trend for Nichia Steel Works'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.

Nichia Steel Works Median PS Value Chart

Nichia Steel Works 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 319.26 318.48 293.72 325.78 360.07

Nichia Steel Works 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 350.20 360.07 362.79 363.16 357.91

Competitive Comparison of Nichia Steel Works's Median PS Value

For the Tools & Accessories subindustry, Nichia Steel Works'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.


Nichia Steel Works's Price-to-Median-PS-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nichia Steel Works's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Nichia Steel Works's Price-to-Median-PS-Value falls into.



Nichia Steel Works Median PS Value Calculation

Nichia Steel Works's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=716.976*0.4992
=357.91

10-Year Median PS Ratio is 0.4992.
Nichia Steel Works'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716.976.

* 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.


Nichia Steel Works  (TSE:5658) 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.

Nichia Steel Works's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=317.00/357.91
=0.89

* 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.


Nichia Steel Works Median PS Value Related Terms

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Nichia Steel Works (TSE:5658) Business Description

Traded in Other Exchanges
N/A
Address
6-74 Doui, Hyogo, Amagasaki, JPN, 660-0083
Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.

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