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.
The historical rank and industry rank for Yangmei Chemical Co's Median PS Value or its related term are showing as below:
SHSE:600691'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.06 Med: 0.79 Max: 2.58
Current: 1.23
During the past 13 years, the highest Price to Median PS Value of Yangmei Chemical Co was 2.58. The lowest was 0.06. And the median was 0.79.
SHSE:600691's Price-to-Median-PS-Value is ranked worse than 63.36% of 857
companies
in the Chemicals industry
Industry Median: 1.01
vs SHSE:600691: 1.23
Yangmei Chemical Co Median PS Value Historical Data
The historical data trend for Yangmei Chemical 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.
Competitive Comparison of Yangmei Chemical Co's Median PS Value
For the Chemicals subindustry, Yangmei Chemical 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.
Yangmei Chemical Co's Price-to-Median-PS-Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Yangmei Chemical Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Yangmei Chemical Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.3463.
Yangmei Chemical 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 ¥5.256.
* 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.
Yangmei Chemical Co (SHSE:600691) 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.
Yangmei Chemical Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
2.23
/
1.82
=
1.23
* 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.
Yangmei Chemical Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Yangmei Chemical Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Yangmei Chemical Co (SHSE:600691) Business Description
Yangmei Chemical Co Ltd operates in the chemical industry. The company's industrial layout covers four categories of agricultural chemicals, new chemicals, chemical equipment manufacturing, and chemical trade. The company's main products include: urea, methanol, ammonium bicarbonate , ammonium chloride, compound fertilizer, dimethyl ether, soda ash, melamine, concentrated nitric acid, dilute nitric acid, sodium nitrate, sodium nitrite, m-phenylenediamine, diaphragm caustic soda, ionic membrane caustic soda, polyvinyl chloride, liquid chlorine, n-butyl Chemical products such as aldehyde, isobutyraldehyde, octanol and hydrogen peroxide.
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