GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shigematsu Works Co Ltd (TSE:7980) » Definitions » Median PS Value

Shigematsu Works Co (TSE:7980) Median PS Value : 円881.24 (As of May. 15, 2024)


View and export this data going back to 1963. Start your Free Trial

What is Shigematsu Works 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. Shigematsu Works Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円1776.344. Shigematsu Works Co's 10-Year median PS Ratio is 0.4961. Therefore, the Median PS Value for today is 円881.24.

As of today (2024-05-15), Shigematsu Works Co's share price is 円763.00. Shigematsu Works Co's Median PS Value is 円881.24. Therefore, Shigematsu Works Co's Price to Median PS Value for today is 0.87.

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

TSE:7980' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.87   Med: 0.98   Max: 2.03
Current: 0.87

During the past 13 years, the highest Price to Median PS Value of Shigematsu Works Co was 2.03. The lowest was 0.87. And the median was 0.98.

TSE:7980's Price-to-Median-PS-Value is ranked worse than
54.43% of 316 companies
in the Medical Devices & Instruments industry
Industry Median: 0.815 vs TSE:7980: 0.87

Shigematsu Works Co Median PS Value Historical Data

The historical data trend for Shigematsu Works 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.

Shigematsu Works Co Median PS Value Chart

Shigematsu Works Co 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 677.27 752.39 885.84 855.54 920.69

Shigematsu Works 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 920.25 920.69 915.82 899.71 881.24

Competitive Comparison of Shigematsu Works Co's Median PS Value

For the Medical Instruments & Supplies subindustry, Shigematsu Works 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.


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

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

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



Shigematsu Works Co Median PS Value Calculation

Shigematsu Works Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1776.344*0.4961
=881.24

10-Year Median PS Ratio is 0.4961.
Shigematsu Works 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1776.344.

* 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.


Shigematsu Works Co  (TSE:7980) 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.

Shigematsu Works Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=763.00/881.24
=0.87

* 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.


Shigematsu Works Co Median PS Value Related Terms

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


Shigematsu Works Co (TSE:7980) Business Description

Traded in Other Exchanges
N/A
Address
1-26-1, Nishigahara, Kita-ku, Tokyo, JPN, 114 0024
Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.

Shigematsu Works Co (TSE:7980) Headlines

No Headlines