The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, China Metal Products Co's share price is NT$32.35.
China Metal Products Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was NT$45.04. Hence, China Metal Products Co's PS Ratio for today is 0.72.
Good Sign:
China Metal Products Co Ltd stock PS Ratio (=0.76) is close to 1-year low of 0.73
The historical rank and industry rank for China Metal Products Co's PS Ratio or its related term are showing as below:
TPE:1532'
s PS Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.8 Max: 1.24
Current: 0.73
During the past 13 years, China Metal Products Co's highest PS Ratio was 1.24. The lowest was 0.51. And the median was 0.80.
TPE:1532's PS Ratio is ranked better than 76.78% of 2967
companies
in the Industrial Products industry
Industry Median: 1.86
vs TPE:1532: 0.73
During the past 12 months, the average Revenue per Share Growth Rate of China Metal Products Co was 17.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -0.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -0.20% per year.
During the past 13 years, China Metal Products Co's highest 3-Year average Revenue per Share Growth Rate was 7.50% per year. The lowest was -4.30% per year. And the median was -1.10% per year.
* 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 China Metal Products Co's PS Ratio
For the Metal Fabrication subindustry, China Metal Products Co's PS Ratio, along with its competitors' market caps and PS Ratio 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.
China Metal Products Co's PS Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, China Metal Products Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Metal Products Co's PS Ratio falls into.
China Metal Products Co PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
China Metal Products Co's Share Price of today is NT$32.35. China Metal Products Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$45.04.
* 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.
It can also be calculated from the numbers for the whole company:
China Metal Products Co (TPE:1532) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
China Metal Products Co PS Ratio Related Terms
Thank you for viewing the detailed overview of China Metal Products Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China Metal Products Co Ltd is a Taiwan-based company that operates in two segments, namely Metal Manufacturing, which focuses on the development and selling of cast iron products; and Lifestyle Hospitality segment focuses on retailing, amusement park, and hotel operating. Metal Manufacturing generates the majority of its revenue. The company's geographical segments include Taiwan, the United States, Japan, China, Europe, South America, and Others.
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