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. TMP Steel's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was NT$112.262. TMP Steel's 10-Year median PS Ratio is 0.2962. Therefore, the Median PS Value for today is NT$33.25.
As of today (2024-05-17), TMP Steel's share price is NT$34.30. TMP Steel's Median PS Value is NT$33.25. Therefore, TMP Steel's Price to Median PS Value for today is 1.03.
The historical rank and industry rank for TMP Steel's Median PS Value or its related term are showing as below:
ROCO:6248'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.55 Med: 0.77 Max: 1.03
Current: 1.03
During the past 13 years, the highest Price to Median PS Value of TMP Steel was 1.03. The lowest was 0.55. And the median was 0.77.
ROCO:6248's Price-to-Median-PS-Value is ranked better than 51.6% of 407
companies
in the Steel industry
Industry Median: 1.06
vs ROCO:6248: 1.03
TMP Steel Median PS Value Historical Data
The historical data trend for TMP Steel'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 TMP Steel's Median PS Value
For the Steel subindustry, TMP Steel'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.
TMP Steel's Price-to-Median-PS-Value Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, TMP Steel's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where TMP Steel's Price-to-Median-PS-Value falls into.
TMP Steel Median PS Value Calculation
TMP Steel's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.2962.
TMP Steel's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$112.262.
* 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.
TMP Steel (ROCO:6248) 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.
TMP Steel's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
34.30
/
33.25
=
1.03
* 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.
TMP Steel Median PS Value Related Terms
Thank you for viewing the detailed overview of TMP Steel's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
TMP Steel Corp is a Taiwan-based company engaged in offering steel products. It is engaged in the wholesale of hardware and building materials and the manufacture and sale of its components. The company provides steel bars and reinforcement processing solutions to customers.
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