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Comfort Gloves Bhd (XKLS:2127) Median PS Value : RM0.80 (As of May. 17, 2024)


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What is Comfort Gloves Bhd Median PS Value?

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. Comfort Gloves Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was RM0.562. Comfort Gloves Bhd's 10-Year median PS Ratio is 1.4235. Therefore, the Median PS Value for today is RM0.80.

As of today (2024-05-17), Comfort Gloves Bhd's share price is RM0.515. Comfort Gloves Bhd's Median PS Value is RM0.80. Therefore, Comfort Gloves Bhd's Price to Median PS Value for today is 0.64.

The historical rank and industry rank for Comfort Gloves Bhd's Median PS Value or its related term are showing as below:

XKLS:2127' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.31   Med: 0.45   Max: 0.7
Current: 0.64

During the past 13 years, the highest Price to Median PS Value of Comfort Gloves Bhd was 0.70. The lowest was 0.31. And the median was 0.45.

XKLS:2127's Price-to-Median-PS-Value is ranked better than
65.3% of 317 companies
in the Medical Devices & Instruments industry
Industry Median: 0.82 vs XKLS:2127: 0.64

Comfort Gloves Bhd Median PS Value Historical Data

The historical data trend for Comfort Gloves Bhd'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.

* Premium members only.

Comfort Gloves Bhd Median PS Value Chart

Comfort Gloves Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.59 0.80

Comfort Gloves Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.59 1.35 1.07 0.90 0.80

Competitive Comparison of Comfort Gloves Bhd's Median PS Value

For the Medical Instruments & Supplies subindustry, Comfort Gloves Bhd'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.


Comfort Gloves Bhd's Price-to-Median-PS-Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Comfort Gloves Bhd's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Comfort Gloves Bhd's Price-to-Median-PS-Value falls into.



Comfort Gloves Bhd Median PS Value Calculation

Comfort Gloves Bhd's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.562*1.4235
=0.80

10-Year Median PS Ratio is 1.4235.
Comfort Gloves Bhd'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 RM0.562.

* 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.


Comfort Gloves Bhd  (XKLS:2127) 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.

Comfort Gloves Bhd's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.515/0.80
=0.64

* 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.


Comfort Gloves Bhd Median PS Value Related Terms

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Comfort Gloves Bhd (XKLS:2127) Business Description

Traded in Other Exchanges
N/A
Address
Lot 821, Jalan Matang, Matang, Taiping, PRK, MYS, 34750
Comfort Gloves Bhd is engaged in the manufacture and trading of natural and synthetic specialty examination gloves. It has four segments. The manufacturing segment, which is the key revenue driver, is engaged in the manufacture and trading of latex gloves. The investment holding segment comprises investment holding and the provision of management services. Its Trading segment is involved in the trading of latex gloves. The company has two manufacturing plants located in Simpang and Matang, Taiping. Its key markets are Malaysia, the United States of America and Canada, Asia, Europe, and others.

Comfort Gloves Bhd (XKLS:2127) Headlines

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