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. PEC's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was S$2.059. PEC's 10-Year median PS Ratio is 0.2477. Therefore, the Median PS Value for today is S$0.51.
As of today (2024-05-22), PEC's share price is S$0.55. PEC's Median PS Value is S$0.51. Therefore, PEC's Price to Median PS Value for today is 1.08.
The historical rank and industry rank for PEC's Median PS Value or its related term are showing as below:
SGX:IX2'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.74 Med: 1.13 Max: 1.22
Current: 1.08
During the past 13 years, the highest Price to Median PS Value of PEC was 1.22. The lowest was 0.74. And the median was 1.13.
SGX:IX2's Price-to-Median-PS-Value is ranked worse than 61.9% of 567
companies
in the Oil & Gas industry
Industry Median: 0.9
vs SGX:IX2: 1.08
PEC Median PS Value Historical Data
The historical data trend for PEC'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.
For the Oil & Gas Equipment & Services subindustry, PEC'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.
PEC's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PEC's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where PEC's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.2477.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. PEC's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was S$2.059.
* 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.
PEC (SGX:IX2) 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.
PEC's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.55
/
0.51
=
1.08
* 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.
PEC Median PS Value Related Terms
Thank you for viewing the detailed overview of PEC's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
PEC Ltd is a Singapore-based company, which is engaged in the provision of mechanical engineering and contracting services. Its segments are Project works, Plant maintenance and related services and Other operations. The Plant maintenance and related services segment is a key revenue driver, which relate to maintenance services provided to the oil and gas, petrochemical and chemical terminal industries. The project works segment relates to provision of engineering, procurement and construction services for certain aspects of plant projects, such as tankage and/or piping work, procurement to the oil and gas, pharmaceutical and oil and chemical terminal industries. Other operations segment relates to heat treatment, information technology services and construction equipment leasing services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SGX:IX2 has been successfully added to your 