GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Cathay Financial Holding Co Ltd (TPE:2882) » Definitions » Median PS Value

Cathay Financial Holding Co (TPE:2882) Median PS Value : NT$21.03 (As of Apr. 30, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Cathay Financial Holding 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. Cathay Financial Holding Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was NT$17.842. Cathay Financial Holding Co's 10-Year median PS Ratio is 1.1787. Therefore, the Median PS Value for today is NT$21.03.

As of today (2024-04-30), Cathay Financial Holding Co's share price is NT$50.80. Cathay Financial Holding Co's Median PS Value is NT$21.03. Therefore, Cathay Financial Holding Co's Price to Median PS Value for today is 2.42.

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

TPE:2882' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.74   Med: 1.19   Max: 2.42
Current: 2.42

During the past 13 years, the highest Price to Median PS Value of Cathay Financial Holding Co was 2.42. The lowest was 0.74. And the median was 1.19.

TPE:2882's Price-to-Median-PS-Value is ranked worse than
92.16% of 306 companies
in the Insurance industry
Industry Median: 0.975 vs TPE:2882: 2.42

Cathay Financial Holding Co Median PS Value Historical Data

The historical data trend for Cathay Financial Holding 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.

Cathay Financial Holding Co Median PS Value Chart

Cathay Financial Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.49 56.49 51.53 30.87 21.03

Cathay Financial Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 30.87 22.98 21.61 20.47 21.03

Competitive Comparison of Cathay Financial Holding Co's Median PS Value

For the Insurance - Life subindustry, Cathay Financial Holding 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.


Cathay Financial Holding Co's Price-to-Median-PS-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Cathay Financial Holding Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Cathay Financial Holding Co's Price-to-Median-PS-Value falls into.



Cathay Financial Holding Co Median PS Value Calculation

Cathay Financial Holding Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=17.842*1.1787
=21.03

10-Year Median PS Ratio is 1.1787.
Cathay Financial Holding Co'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 NT$17.842.

* 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.


Cathay Financial Holding Co  (TPE:2882) 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.

Cathay Financial Holding Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=50.80/21.03
=2.42

* 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.


Cathay Financial Holding Co Median PS Value Related Terms

Thank you for viewing the detailed overview of Cathay Financial Holding Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Cathay Financial Holding Co (TPE:2882) Business Description

Traded in Other Exchanges
Address
No. 296, Section 4, Renai Road, Da'an District, Taipei, TWN, 106
Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The scope of its business is limited by the operation of law to the investment and management of financial services enterprises. The company is a hub for financial services primarily in insurance and banking, and secondarily in asset management. Cathay Financial Holding emphasizes cross-selling and information technology integration in its business model. most of its insurance business, which constitutes approximately half of the company's revenue mix, is related to life insurance. Its banking business, which makes up nearly the other half of its business, is mostly related to consumer and corporate banking.

Cathay Financial Holding Co (TPE:2882) Headlines

No Headlines