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 Tan Chong International's Median PS Value or its related term are showing as below:
HKSE:00693'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.47 Med: 0.61 Max: 1.02
Current: 0.61
During the past 13 years, the highest Price to Median PS Value of Tan Chong International was 1.02. The lowest was 0.47. And the median was 0.61.
HKSE:00693's Price-to-Median-PS-Value is ranked better than 79.55% of 763
companies
in the Vehicles & Parts industry
Industry Median: 0.9
vs HKSE:00693: 0.61
Tan Chong International Median PS Value Historical Data
* 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 Tan Chong International's Median PS Value
For the Auto & Truck Dealerships subindustry, Tan Chong International'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.
Tan Chong International's Price-to-Median-PS-Value Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tan Chong International's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Tan Chong International's Price-to-Median-PS-Value falls into.
Tan Chong International Median PS Value Calculation
10-Year Median PS Ratio is 0.3218.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tan Chong International's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$6.867.
* 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.
Tan Chong International (HKSE:00693) 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.
Tan Chong International's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
1.35
/
2.21
=
0.61
* 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.
Tan Chong International Median PS Value Related Terms
Thank you for viewing the detailed overview of Tan Chong International's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Tan Chong International (HKSE:00693) Business Description
Tan Chong International Ltd is an automobile dealer. It offers vehicles of Nissan brand in Singapore, Hong Kong, China and Thailand. The company has five business lines namely, Motor vehicle distribution and dealership business, Heavy commercial vehicle and industrial equipment distribution business, Property rentals and development, Transportation and Other operations which include investment holding, hire purchase financing, provision of workshop services and the manufacturing of vehicle seats. The company generates the majority of revenue from Motor vehicle distribution and dealership business.
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