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China High Precision Automation Group (HKSE:00591) Median PS Value : HK$1.19 (As of May. 25, 2024)


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What is China High Precision Automation Group 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. China High Precision Automation Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.151. China High Precision Automation Group's 10-Year median PS Ratio is 7.8808. Therefore, the Median PS Value for today is HK$1.19.

As of today (2024-05-25), China High Precision Automation Group's share price is HK$0.149. China High Precision Automation Group's Median PS Value is HK$1.19. Therefore, China High Precision Automation Group's Price to Median PS Value for today is 0.13.

The historical rank and industry rank for China High Precision Automation Group's Median PS Value or its related term are showing as below:

HKSE:00591' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.12   Med: 1.51   Max: 2.6
Current: 0.13

During the past 13 years, the highest Price to Median PS Value of China High Precision Automation Group was 2.60. The lowest was 0.12. And the median was 1.51.

HKSE:00591's Price-to-Median-PS-Value is ranked better than
98.62% of 1522 companies
in the Hardware industry
Industry Median: 1.14 vs HKSE:00591: 0.13

China High Precision Automation Group Median PS Value Historical Data

The historical data trend for China High Precision Automation Group'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.

China High Precision Automation Group Median PS Value Chart

China High Precision Automation Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.47 0.81 1.16 1.19

China High Precision Automation Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 1.16 - 1.19 -

Competitive Comparison of China High Precision Automation Group's Median PS Value

For the Scientific & Technical Instruments subindustry, China High Precision Automation Group'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.


China High Precision Automation Group's Price-to-Median-PS-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China High Precision Automation Group's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where China High Precision Automation Group's Price-to-Median-PS-Value falls into.



China High Precision Automation Group Median PS Value Calculation

China High Precision Automation Group's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.151*7.8808
=1.19

10-Year Median PS Ratio is 7.8808.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China High Precision Automation Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.151.

* 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.


China High Precision Automation Group  (HKSE:00591) 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.

China High Precision Automation Group's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.149/1.19
=0.13

* 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.


China High Precision Automation Group Median PS Value Related Terms

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China High Precision Automation Group (HKSE:00591) Business Description

Traded in Other Exchanges
Address
18 Fenwick Street, 7th Floor, Room 703, Jubilee Centre, Wanchai, Hong Kong, HKG
China High Precision Automation Group Ltd is an investment holding company, which through its subsidiaries engages in the research, development, manufacturing, and sale of industrial automation instrument and technology products. It operates through the following segments: Automation Instrument and Technology Products and Horological Instruments. The Automation Instrument and Technology Products segment which earns majority revenue manufactures and trades intelligent display instruments, flow accumulate instruments, pressure transmitters, and logging control instruments. Its Horological Instruments covers the manufacture and trade of multi-functional all-plastic quartz watch movements. Geographically the company receives maximum revenue from the People's Republic of China.
Executives
Wong Fun Chung 2101 Beneficial owner

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