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Jiangsu Hongdou Industry Co (SHSE:600400) Median PS Value : ¥3.41 (As of May. 24, 2024)


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What is Jiangsu Hongdou Industry 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. Jiangsu Hongdou Industry Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.996. Jiangsu Hongdou Industry Co's 10-Year median PS Ratio is 3.4237. Therefore, the Median PS Value for today is ¥3.41.

As of today (2024-05-24), Jiangsu Hongdou Industry Co's share price is ¥2.50. Jiangsu Hongdou Industry Co's Median PS Value is ¥3.41. Therefore, Jiangsu Hongdou Industry Co's Price to Median PS Value for today is 0.73.

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

SHSE:600400' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.69   Med: 1.47   Max: 3.08
Current: 0.73

During the past 13 years, the highest Price to Median PS Value of Jiangsu Hongdou Industry Co was 3.08. The lowest was 0.69. And the median was 1.47.

SHSE:600400's Price-to-Median-PS-Value is ranked better than
75.04% of 665 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs SHSE:600400: 0.73

Jiangsu Hongdou Industry Co Median PS Value Historical Data

The historical data trend for Jiangsu Hongdou Industry 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.

Jiangsu Hongdou Industry Co Median PS Value Chart

Jiangsu Hongdou Industry 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 2.37 3.42 2.90 4.07 3.04

Jiangsu Hongdou Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.05 3.93 3.69 3.04 3.41

Competitive Comparison of Jiangsu Hongdou Industry Co's Median PS Value

For the Apparel Manufacturing subindustry, Jiangsu Hongdou Industry 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.


Jiangsu Hongdou Industry Co's Price-to-Median-PS-Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiangsu Hongdou Industry Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Jiangsu Hongdou Industry Co's Price-to-Median-PS-Value falls into.



Jiangsu Hongdou Industry Co Median PS Value Calculation

Jiangsu Hongdou Industry Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.996*3.4237
=3.41

10-Year Median PS Ratio is 3.4237.
Jiangsu Hongdou Industry Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.996.

* 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.


Jiangsu Hongdou Industry Co  (SHSE:600400) 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.

Jiangsu Hongdou Industry Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=2.50/3.41
=0.73

* 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.


Jiangsu Hongdou Industry Co Median PS Value Related Terms

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Jiangsu Hongdou Industry Co (SHSE:600400) Business Description

Traded in Other Exchanges
N/A
Address
Donggang Town, Xishan District, Jiangsu Province, Wuxi, CHN, 214199
Jiangsu Hongdou Industry Co Ltd produces and sells clothing, knitwear and nylon yarn. It is also involved in design, development, and sales of smart wearable devices; shoes, hats, and leather goods , Luggage, eyewear; sales of sanitary ware, daily necessities, cosmetics, hygiene products, stationery, sporting goods, arts and crafts, food, household appliances, electronics, furniture, props, lamps, audio equipment; and books and periodicals.
Executives
Wang Chang Hui Directors, senior managers
He Xu Li Supervisors
Yang Qi Sheng senior management
Ren Lang Ning Director
Meng Xiao Ping senior management
Gu Jin Long Directors, senior managers
Dai Min Jun Director
Tan Xiao Xia senior management
Ye Wei Supervisors
Xu Jian Feng Supervisors
Gu Yan Chun Director
Min Jie Director
Zhou Hong Jiang Director
Xi Feng Supervisors
Liu Lian Hong Director

Jiangsu Hongdou Industry Co (SHSE:600400) Headlines

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