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CMIC HOLDINGS Co (TSE:2309) Median PS Value : 円2,397.57 (As of May. 16, 2024)


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What is CMIC HOLDINGS 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. CMIC HOLDINGS Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円5453.992. CMIC HOLDINGS Co's 10-Year median PS Ratio is 0.4396. Therefore, the Median PS Value for today is 円2,397.57.

As of today (2024-05-16), CMIC HOLDINGS Co's share price is 円2632.00. CMIC HOLDINGS Co's Median PS Value is 円2,397.57. Therefore, CMIC HOLDINGS Co's Price to Median PS Value for today is 1.10.

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

TSE:2309' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.53   Med: 0.65   Max: 1.1
Current: 1.1

During the past 13 years, the highest Price to Median PS Value of CMIC HOLDINGS Co was 1.10. The lowest was 0.53. And the median was 0.65.

TSE:2309's Price-to-Median-PS-Value is not ranked
in the Medical Diagnostics & Research industry.
Industry Median: 0.83 vs TSE:2309: 1.10

CMIC HOLDINGS Co Median PS Value Historical Data

The historical data trend for CMIC HOLDINGS 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.

CMIC HOLDINGS Co Median PS Value Chart

CMIC HOLDINGS Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,168.75 2,140.87 2,240.73 2,799.94 2,692.86

CMIC HOLDINGS 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 2,946.85 3,018.03 2,985.31 2,692.86 2,397.57

Competitive Comparison of CMIC HOLDINGS Co's Median PS Value

For the Diagnostics & Research subindustry, CMIC HOLDINGS 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.


CMIC HOLDINGS Co's Price-to-Median-PS-Value Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, CMIC HOLDINGS Co's Price-to-Median-PS-Value distribution charts can be found below:

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



CMIC HOLDINGS Co Median PS Value Calculation

CMIC HOLDINGS Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=5453.992*0.4396
=2,397.57

10-Year Median PS Ratio is 0.4396.
CMIC HOLDINGS 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 円5453.992.

* 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.


CMIC HOLDINGS Co  (TSE:2309) 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.

CMIC HOLDINGS Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=2632.00/2,397.57
=1.10

* 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.


CMIC HOLDINGS Co Median PS Value Related Terms

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CMIC HOLDINGS Co (TSE:2309) Business Description

Traded in Other Exchanges
N/A
Address
Hamamatsucho Building, 1-1-1 Shibaura, Minato-ku, Tokyo, JPN, 105-0023
CMIC HOLDINGS Co Ltd is a Japan-based management consulting company. It contributes to the development of the medical and healthcare field. The company is mainly engaged in Contract Research Organization (CRO), Contract Development and Manufacturing (CDMO), Contract Sales Organization (CSO), Innovative Pharma Model (IPM) and healthcare business. CMIC support a wide range of pharmaceutical management services such as data management, statistical analysis, medicine consulting, medical writing, audit, and analytical tests, clinical trials for the medical and pharmaceutical industry, human resource services. It is also engaged in providing sales and marketing support for pharmaceuticals.

CMIC HOLDINGS Co (TSE:2309) Headlines

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