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. 8Common's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.038. 8Common's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is A$0.00.
As of today (2024-06-10), 8Common's share price is A$0.034. 8Common's Median PS Value is A$0.00. Therefore, 8Common's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for 8Common's Median PS Value or its related term are showing as below:
ASX:8CO's Price-to-Median-PS-Value is not ranked *
in the Software industry.
Industry Median: 0.95 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
8Common Median PS Value Historical Data
The historical data trend for 8Common'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 8Common's Median PS Value
For the Software - Application subindustry, 8Common'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.
8Common's Price-to-Median-PS-Value Distribution in the Software Industry
For the Software industry and Technology sector, 8Common's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where 8Common's Price-to-Median-PS-Value falls into.
8Common Median PS Value Calculation
8Common's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 8Common's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.038.
* 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.
8Common (ASX:8CO) 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.
8Common's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.034
/
0.00
=
* 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.
8Common Median PS Value Related Terms
Thank you for viewing the detailed overview of 8Common's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
8Common Ltd is engaged in the business of developing and distributing software. The company distributes two software solutions - expense8, and perform8. Its only operating segment is Productivity and Performance. Expense8 is a Travel and Expense management software solution that manages and streamlines the end-to-end processing of employee-generated expenses. Its Perform8 is a survey and action planning solution that diagnoses and prioritizes areas for improvement across the business. The company's newest software solution is CardHero: which is an integrated fund disbursement and spend management solution.
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