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 TCL Electronics Holdings's Median PS Value or its related term are showing as below:
HKSE:01070'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.47 Med: 1.2 Max: 1.7
Current: 1.02
During the past 13 years, the highest Price to Median PS Value of TCL Electronics Holdings was 1.70. The lowest was 0.47. And the median was 1.20.
HKSE:01070's Price-to-Median-PS-Value is ranked better than 57.35% of 1524
companies
in the Hardware industry
Industry Median: 1.14
vs HKSE:01070: 1.02
TCL Electronics Holdings Median PS Value Historical Data
* 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 TCL Electronics Holdings's Median PS Value
For the Consumer Electronics subindustry, TCL Electronics Holdings'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.
TCL Electronics Holdings's Price-to-Median-PS-Value Distribution in the Hardware Industry
For the Hardware industry and Technology sector, TCL Electronics Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where TCL Electronics Holdings's Price-to-Median-PS-Value falls into.
TCL Electronics Holdings Median PS Value Calculation
10-Year Median PS Ratio is 0.1694.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TCL Electronics Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$31.881.
* 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.
TCL Electronics Holdings (HKSE:01070) 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.
TCL Electronics Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
5.50
/
5.40
=
1.02
* 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.
TCL Electronics Holdings Median PS Value Related Terms
Thank you for viewing the detailed overview of TCL Electronics Holdings's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
TCL Electronics Holdings (HKSE:01070) Business Description
TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.
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