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. Wave Sync's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2022 was $0.054. Wave Sync's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-05-26), Wave Sync's share price is $4.475. Wave Sync's Median PS Value is $0.00. Therefore, Wave Sync's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Wave Sync's Median PS Value or its related term are showing as below:
WAYS's Price-to-Median-PS-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.09 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Wave Sync Median PS Value Historical Data
The historical data trend for Wave Sync'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 Wave Sync's Median PS Value
For the Shell Companies subindustry, Wave Sync'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.
Wave Sync's Price-to-Median-PS-Value Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Wave Sync's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Wave Sync's Price-to-Median-PS-Value falls into.
Wave Sync Median PS Value Calculation
Wave Sync's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
Wave Sync's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.054.
* 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.
Wave Sync (OTCPK:WAYS) 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.
Wave Sync's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
4.475
/
0.00
=
* 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.
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