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Jinan High-tech Development Co (SHSE:600807) Median PS Value : ¥1.94 (As of May. 27, 2024)


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What is Jinan High-tech Development 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. Jinan High-tech Development Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.669. Jinan High-tech Development Co's 10-Year median PS Ratio is 2.8999. Therefore, the Median PS Value for today is ¥1.94.

As of today (2024-05-27), Jinan High-tech Development Co's share price is ¥3.08. Jinan High-tech Development Co's Median PS Value is ¥1.94. Therefore, Jinan High-tech Development Co's Price to Median PS Value for today is 1.59.

The historical rank and industry rank for Jinan High-tech Development Co's Median PS Value or its related term are showing as below:

SHSE:600807' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.21   Med: 0.68   Max: 2.57
Current: 1.59

During the past 13 years, the highest Price to Median PS Value of Jinan High-tech Development Co was 2.57. The lowest was 0.21. And the median was 0.68.

SHSE:600807's Price-to-Median-PS-Value is ranked worse than
81.06% of 1056 companies
in the Real Estate industry
Industry Median: 0.87 vs SHSE:600807: 1.59

Jinan High-tech Development Co Median PS Value Historical Data

The historical data trend for Jinan High-tech Development 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.

Jinan High-tech Development Co Median PS Value Chart

Jinan High-tech Development 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 10.29 5.95 6.60 6.80 2.57

Jinan High-tech Development 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 6.08 4.78 3.06 2.57 1.94

Competitive Comparison of Jinan High-tech Development Co's Median PS Value

For the Real Estate - Development subindustry, Jinan High-tech Development 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.


Jinan High-tech Development Co's Price-to-Median-PS-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jinan High-tech Development Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Jinan High-tech Development Co's Price-to-Median-PS-Value falls into.



Jinan High-tech Development Co Median PS Value Calculation

Jinan High-tech Development Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.669*2.8999
=1.94

10-Year Median PS Ratio is 2.8999.
Jinan High-tech Development 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 ¥0.669.

* 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.


Jinan High-tech Development Co  (SHSE:600807) 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.

Jinan High-tech Development Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=3.08/1.94
=1.59

* 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.


Jinan High-tech Development Co Median PS Value Related Terms

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Jinan High-tech Development Co (SHSE:600807) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xinyu South Road, International Exhibition Center, 3rd Floor, High and New Technology Industrial Development Zon, Shandong, Jinan, CHN, 250101
Jinan High-tech Development Co Ltd, formerly Shandong Tyan Home Co Ltd is engaged in the real estate development, mining, finance, and venture capital businesses. The company is also involved in the development of residential, commercial, tourism, and education real estate properties.
Executives
Ji Guang Hui senior management
Niu Bao Dong senior management
Jiang Tao Director
Lu Jun senior management
Wang Xiao Dong senior management
Yi Mao Qiang senior management
Cheng Da Yun senior management
Wen Yun Bo senior management
Ceng Kao Xue senior management
Yue Cai Peng Director
Wang Yong Wen Director
Sun Shao Qun Supervisors

Jinan High-tech Development Co (SHSE:600807) Headlines

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