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Harmonic Drive Systems (TSE:6324) Median PS Value : 円5,307.28 (As of Apr. 30, 2024)


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What is Harmonic Drive Systems 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. Harmonic Drive Systems's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円631.894. Harmonic Drive Systems's 10-Year median PS Ratio is 8.399. Therefore, the Median PS Value for today is 円5,307.28.

As of today (2024-04-30), Harmonic Drive Systems's share price is 円4000.00. Harmonic Drive Systems's Median PS Value is 円5,307.28. Therefore, Harmonic Drive Systems's Price to Median PS Value for today is 0.75.

The historical rank and industry rank for Harmonic Drive Systems's Median PS Value or its related term are showing as below:

TSE:6324' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.56   Med: 1.24   Max: 3.85
Current: 0.75

During the past 13 years, the highest Price to Median PS Value of Harmonic Drive Systems was 3.85. The lowest was 0.56. And the median was 1.24.

TSE:6324's Price-to-Median-PS-Value is ranked better than
74.6% of 1551 companies
in the Industrial Products industry
Industry Median: 1.03 vs TSE:6324: 0.75

Harmonic Drive Systems Median PS Value Historical Data

The historical data trend for Harmonic Drive Systems'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.

Harmonic Drive Systems Median PS Value Chart

Harmonic Drive Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,366.41 2,281.38 2,671.47 4,914.15 6,302.70

Harmonic Drive Systems 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 6,052.94 6,302.70 6,255.63 5,902.71 5,307.28

Competitive Comparison of Harmonic Drive Systems's Median PS Value

For the Specialty Industrial Machinery subindustry, Harmonic Drive Systems'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.


Harmonic Drive Systems's Price-to-Median-PS-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harmonic Drive Systems's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Harmonic Drive Systems's Price-to-Median-PS-Value falls into.



Harmonic Drive Systems Median PS Value Calculation

Harmonic Drive Systems's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=631.894*8.399
=5,307.28

10-Year Median PS Ratio is 8.399.
Harmonic Drive Systems'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631.894.

* 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.


Harmonic Drive Systems  (TSE:6324) 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.

Harmonic Drive Systems's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=4000.00/5,307.28
=0.75

* 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.


Harmonic Drive Systems Median PS Value Related Terms

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Harmonic Drive Systems (TSE:6324) Business Description

Traded in Other Exchanges
Address
6-25-3 Minami-Oi, Shinagawa-ku, Tokyo, JPN, 140-0013
Harmonic Drive Systems manufactures and sells high-precision reduction gears (speed reducers) under the Harmonic Drive brand as well as other mechatronics products such as rotary actuators, linear actuators, and AC servo motors. The company also provides planetary-gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo.

Harmonic Drive Systems (TSE:6324) Headlines

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