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.
As of today (2024-05-11), Fukuda Denshi Co's share price is 円6680.00. Fukuda Denshi Co's Median PS Value is 円4,008.37. Therefore, Fukuda Denshi Co's Price to Median PS Value for today is 1.67.
The historical rank and industry rank for Fukuda Denshi Co's Median PS Value or its related term are showing as below:
TSE:6960'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.98 Med: 1.14 Max: 1.84
Current: 1.67
During the past 13 years, the highest Price to Median PS Value of Fukuda Denshi Co was 1.84. The lowest was 0.98. And the median was 1.14.
TSE:6960's Price-to-Median-PS-Value is ranked worse than 89.27% of 317
companies
in the Medical Devices & Instruments industry
Industry Median: 0.82
vs TSE:6960: 1.67
Fukuda Denshi Co Median PS Value Historical Data
The historical data trend for Fukuda Denshi 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 Fukuda Denshi Co's Median PS Value
For the Medical Devices subindustry, Fukuda Denshi 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.
Fukuda Denshi Co's Price-to-Median-PS-Value Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Fukuda Denshi Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Fukuda Denshi Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.8635.
Fukuda Denshi 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 円4642.006.
* 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.
Fukuda Denshi Co (TSE:6960) 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.
Fukuda Denshi Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
6680.00
/
4,008.37
=
1.67
* 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.
Fukuda Denshi Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Fukuda Denshi Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Fukuda Denshi Co Ltd develops and manufactures medical electronic equipment. The firm operates in four segments: physiological diagnostic equipment, patient monitoring equipment, medical treatment equipment, and consumables and other products. The physiological diagnostic equipment business sells electrocardiographs, vascular screening systems, and blood cell counters. The patient monitoring equipment segment sells patient monitors and transmitters. The medical treatment equipment segment contributes the largest proportion of revenue and sells pacemakers and medical equipment for home treatment. The consumables and other products segment sells disposable electrodes and consumables used for the firm's devices. Fukuda Denshi generates the vast majority of its sales in Japan.
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