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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Median PS Value : $2.24 (As of Apr. 27, 2024)


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What is Hong Kong and China Gas 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. Hong Kong and China Gas Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.391. Hong Kong and China Gas Co's 10-Year median PS Ratio is 5.7289. Therefore, the Median PS Value for today is $2.24.

As of today (2024-04-27), Hong Kong and China Gas Co's share price is $0.7384. Hong Kong and China Gas Co's Median PS Value is $2.24. Therefore, Hong Kong and China Gas Co's Price to Median PS Value for today is 0.33.

The historical rank and industry rank for Hong Kong and China Gas Co's Median PS Value or its related term are showing as below:

HOKCY' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.32   Med: 0.77   Max: 0.93
Current: 0.33

During the past 13 years, the highest Price to Median PS Value of Hong Kong and China Gas Co was 0.93. The lowest was 0.32. And the median was 0.77.

HOKCY's Price-to-Median-PS-Value is ranked better than
93.61% of 360 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs HOKCY: 0.33

Hong Kong and China Gas Co Median PS Value Historical Data

The historical data trend for Hong Kong and China Gas 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.

Hong Kong and China Gas Co Median PS Value Chart

Hong Kong and China Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.98 2.40 2.51 2.17

Hong Kong and China Gas Co 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 2.40 - 2.51 - 2.17

Competitive Comparison of Hong Kong and China Gas Co's Median PS Value

For the Utilities - Regulated Gas subindustry, Hong Kong and China Gas 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.


Hong Kong and China Gas Co's Price-to-Median-PS-Value Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Hong Kong and China Gas Co's Price-to-Median-PS-Value falls into.



Hong Kong and China Gas Co Median PS Value Calculation

Hong Kong and China Gas Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.391*5.7289
=2.24

10-Year Median PS Ratio is 5.7289.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hong Kong and China Gas Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.391.

* 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 and China Gas Co  (OTCPK:HOKCY) 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 and China Gas Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.7384/2.24
=0.33

* 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 and China Gas Co Median PS Value Related Terms

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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Business Description

Traded in Other Exchanges
Address
363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.

Hong Kong and China Gas Co (Hong Kong and China Gas Co) Headlines

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