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.
The historical rank and industry rank for Bisalloy Steel Group's Median PS Value or its related term are showing as below:
ASX:BIS'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.78 Med: 1.14 Max: 2.61
Current: 2.5
During the past 13 years, the highest Price to Median PS Value of Bisalloy Steel Group was 2.61. The lowest was 0.78. And the median was 1.14.
ASX:BIS's Price-to-Median-PS-Value is ranked worse than 86.49% of 407
companies
in the Steel industry
Industry Median: 1.03
vs ASX:BIS: 2.50
Bisalloy Steel Group Median PS Value Historical Data
The historical data trend for Bisalloy Steel Group'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 Bisalloy Steel Group's Median PS Value
For the Steel subindustry, Bisalloy Steel Group'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.
Bisalloy Steel Group's Price-to-Median-PS-Value Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Bisalloy Steel Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Bisalloy Steel Group's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.4922.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bisalloy Steel Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$3.149.
* 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.
Bisalloy Steel Group (ASX:BIS) 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.
Bisalloy Steel Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
3.88
/
1.55
=
2.50
* 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.
Bisalloy Steel Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Bisalloy Steel Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Bisalloy Steel Group (ASX:BIS) Business Description
Bisalloy Steel Group Ltd is engaged in the processing and sale of quenched and tempered high-tensile, and abrasion-resistant steel plates. The company is organized into geographical operating segments, being Australian Operations is engaged in the distribution of wear-grade and high tensile plates through distributors and directly to original equipment manufacturers in both Australia and Overseas. Its Overseas Operations engage in the distribution of the abrasion-resistant plate as well as other steel plate products. The Overseas Operations also focus on the marketing and distribution of quench and tempered steel plates. The majority of its revenue is derived from Australian Operations. The company's products are marketed under the BISALLOY brand name.
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