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. Able Global Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was RM2.107. Able Global Bhd's 10-Year median PS Ratio is 0.7072. Therefore, the Median PS Value for today is RM1.49.
As of today (2024-05-25), Able Global Bhd's share price is RM2.12. Able Global Bhd's Median PS Value is RM1.49. Therefore, Able Global Bhd's Price to Median PS Value for today is 1.42.
The historical rank and industry rank for Able Global Bhd's Median PS Value or its related term are showing as below:
XKLS:7167'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.01 Med: 1.09 Max: 1.44
Current: 1.42
During the past 13 years, the highest Price to Median PS Value of Able Global Bhd was 1.44. The lowest was 1.01. And the median was 1.09.
XKLS:7167's Price-to-Median-PS-Value is ranked worse than 81.42% of 1082
companies
in the Consumer Packaged Goods industry
Industry Median: 0.88
vs XKLS:7167: 1.42
Able Global Bhd Median PS Value Historical Data
The historical data trend for Able Global Bhd'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.
Competitive Comparison of Able Global Bhd's Median PS Value
For the Packaged Foods subindustry, Able Global Bhd'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.
Able Global Bhd's Price-to-Median-PS-Value Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Able Global Bhd's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Able Global Bhd's Price-to-Median-PS-Value falls into.
Able Global Bhd Median PS Value Calculation
Able Global Bhd's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.7072.
Able Global Bhd'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 RM2.107.
* 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.
Able Global Bhd (XKLS:7167) 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.
Able Global Bhd's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
2.12
/
1.49
=
1.42
* 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.
Able Global Bhd Median PS Value Related Terms
Thank you for viewing the detailed overview of Able Global Bhd's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Able Global Bhd formerly Johore Tin Bhd is principally engaged in the business of investment holding and the provision of management services. The group is organized into the three main reportable segments: Investment Holding; Tin Manufacturing; and Food and Beverage. Its Investment Holding is involved in the business of investment holding and provision of management services. Tin Manufacturing is involved in the manufacturing of various tins, cans, and other containers. Food and Beverage are involved in manufacturing and selling of milk and other related dairy products. It generates maximum revenue from Food and Beverage segment. Geographically, it derives majority revenue from Malaysia and also has a presence in Africa, Central America, Europe, Malaysia, and Other Countries.
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