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 Meiji Holdings Co's Median PS Value or its related term are showing as below:
MEJHF'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.75 Med: 1.05 Max: 1.72
Current: 0.98
During the past 13 years, the highest Price to Median PS Value of Meiji Holdings Co was 1.72. The lowest was 0.75. And the median was 1.05.
MEJHF's Price-to-Median-PS-Value is ranked worse than 59.59% of 1069
companies
in the Consumer Packaged Goods industry
Industry Median: 0.88
vs MEJHF: 0.98
Meiji Holdings Co Median PS Value Historical Data
The historical data trend for Meiji Holdings 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.
Competitive Comparison of Meiji Holdings Co's Median PS Value
For the Packaged Foods subindustry, Meiji Holdings 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.
Meiji Holdings Co's Price-to-Median-PS-Value Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Meiji Holdings Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.8118.
Meiji Holdings 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 $27.765.
* 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.
Meiji Holdings Co (OTCPK:MEJHF) 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.
Meiji Holdings Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
22.03
/
22.54
=
0.98
* 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.
Meiji Holdings Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Meiji Holdings Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Meiji Holdings Co (Meiji Holdings Co) Business Description
Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.
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