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Hong Kong Economic Times Holdings (HKSE:00423) Median PS Value : HK$1.30 (As of May. 25, 2024)


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What is Hong Kong Economic Times Holdings 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. Hong Kong Economic Times Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was HK$2.295. Hong Kong Economic Times Holdings's 10-Year median PS Ratio is 0.5664. Therefore, the Median PS Value for today is HK$1.30.

As of today (2024-05-25), Hong Kong Economic Times Holdings's share price is HK$0.91. Hong Kong Economic Times Holdings's Median PS Value is HK$1.30. Therefore, Hong Kong Economic Times Holdings's Price to Median PS Value for today is 0.70.

The historical rank and industry rank for Hong Kong Economic Times Holdings's Median PS Value or its related term are showing as below:

HKSE:00423' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.58   Med: 0.76   Max: 0.89
Current: 0.7

During the past 13 years, the highest Price to Median PS Value of Hong Kong Economic Times Holdings was 0.89. The lowest was 0.58. And the median was 0.76.

HKSE:00423's Price-to-Median-PS-Value is ranked better than
58.92% of 538 companies
in the Media - Diversified industry
Industry Median: 0.81 vs HKSE:00423: 0.70

Hong Kong Economic Times Holdings Median PS Value Historical Data

The historical data trend for Hong Kong Economic Times Holdings'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.

Hong Kong Economic Times Holdings Median PS Value Chart

Hong Kong Economic Times Holdings 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 1.98 1.64 1.37 1.35 1.30

Hong Kong Economic Times Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.35 - 1.30 -

Competitive Comparison of Hong Kong Economic Times Holdings's Median PS Value

For the Publishing subindustry, Hong Kong Economic Times Holdings'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.


Hong Kong Economic Times Holdings's Price-to-Median-PS-Value Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hong Kong Economic Times Holdings's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Hong Kong Economic Times Holdings's Price-to-Median-PS-Value falls into.



Hong Kong Economic Times Holdings Median PS Value Calculation

Hong Kong Economic Times Holdings's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=2.295*0.5664
=1.30

10-Year Median PS Ratio is 0.5664.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hong Kong Economic Times Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was HK$2.295.

* 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.


Hong Kong Economic Times Holdings  (HKSE:00423) 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.

Hong Kong Economic Times Holdings's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.91/1.30
=0.70

* 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.


Hong Kong Economic Times Holdings Median PS Value Related Terms

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Hong Kong Economic Times Holdings (HKSE:00423) Business Description

Traded in Other Exchanges
N/A
Address
321 Java Road, 6th Floor, Kodak House II, North Point, Hong Kong, HKG
Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.
Executives
Webb David Michael 2201 Interest of corporation controlled by you
Preferable Situation Assets Limited 2101 Beneficial owner
Golden Rooster Limited 2101 Beneficial owner
Lee Su Hwei 2201 Interest of corporation controlled by you
Fung Siu Por 2201 Interest of corporation controlled by you

Hong Kong Economic Times Holdings (HKSE:00423) Headlines

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