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MGI Tech Co (SHSE:688114) Median PS Value : ¥0.00 (As of Jun. 06, 2024)


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What is MGI Tech Co 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. MGI Tech Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥6.817. MGI Tech Co's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is ¥0.00.

As of today (2024-06-06), MGI Tech Co's share price is ¥49.10. MGI Tech Co's Median PS Value is ¥0.00. Therefore, MGI Tech Co's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for MGI Tech Co's Median PS Value or its related term are showing as below:

SHSE:688114's Price-to-Median-PS-Value is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.8
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

MGI Tech Co Median PS Value Historical Data

The historical data trend for MGI Tech 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.

* Premium members only.

MGI Tech Co Median PS Value Chart

MGI Tech Co Annual Data
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MGI Tech Co Quarterly Data
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Competitive Comparison of MGI Tech Co's Median PS Value

For the Medical Devices subindustry, MGI Tech 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.


MGI Tech Co's Price-to-Median-PS-Value Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where MGI Tech Co's Price-to-Median-PS-Value falls into.



MGI Tech Co Median PS Value Calculation

MGI Tech Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=6.817*0
=0.00

10-Year Median PS Ratio is 0.
MGI Tech Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥6.817.

* 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.


MGI Tech Co  (SHSE:688114) 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.

MGI Tech Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=49.10/0.00
=

* 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.


MGI Tech Co Median PS Value Related Terms

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MGI Tech Co (SHSE:688114) Business Description

Traded in Other Exchanges
N/A
Address
Beishan Industrial Zone, 2nd Floor, Comprehensive Building and Building 11, Yantian District, Guangdong Province, Shenzhen, CHN, 518083
MGI Tech Co Ltd is a producer of clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. It provides real-time, panoramic, and full-life-cycle equipment and systems for precision medicine, precision agriculture, precision healthcare and other relevant industries.

MGI Tech Co (SHSE:688114) Headlines

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