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Tunghsu Azure Renewable Energy Co (SZSE:000040) Median PS Value : ¥2.47 (As of May. 25, 2024)


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What is Tunghsu Azure Renewable Energy 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. Tunghsu Azure Renewable Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was ¥1.226. Tunghsu Azure Renewable Energy Co's 10-Year median PS Ratio is 2.0147. Therefore, the Median PS Value for today is ¥2.47.

As of today (2024-05-25), Tunghsu Azure Renewable Energy Co's share price is ¥2.41. Tunghsu Azure Renewable Energy Co's Median PS Value is ¥2.47. Therefore, Tunghsu Azure Renewable Energy Co's Price to Median PS Value for today is 0.98.

The historical rank and industry rank for Tunghsu Azure Renewable Energy Co's Median PS Value or its related term are showing as below:

SZSE:000040' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.29   Med: 0.69   Max: 2.15
Current: 0.98

During the past 13 years, the highest Price to Median PS Value of Tunghsu Azure Renewable Energy Co was 2.15. The lowest was 0.29. And the median was 0.69.

SZSE:000040's Price-to-Median-PS-Value is ranked worse than
53.98% of 176 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.905 vs SZSE:000040: 0.98

Tunghsu Azure Renewable Energy Co Median PS Value Historical Data

The historical data trend for Tunghsu Azure Renewable Energy 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.

Tunghsu Azure Renewable Energy Co Median PS Value Chart

Tunghsu Azure Renewable Energy Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.81 11.72 5.69 5.78 4.21

Tunghsu Azure Renewable Energy Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.36 4.21 4.00 3.35 2.47

Competitive Comparison of Tunghsu Azure Renewable Energy Co's Median PS Value

For the Utilities - Renewable subindustry, Tunghsu Azure Renewable Energy 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.


Tunghsu Azure Renewable Energy Co's Price-to-Median-PS-Value Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tunghsu Azure Renewable Energy Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tunghsu Azure Renewable Energy Co's Price-to-Median-PS-Value falls into.



Tunghsu Azure Renewable Energy Co Median PS Value Calculation

Tunghsu Azure Renewable Energy Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1.226*2.0147
=2.47

10-Year Median PS Ratio is 2.0147.
Tunghsu Azure Renewable Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1.226.

* 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.


Tunghsu Azure Renewable Energy Co  (SZSE:000040) 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.

Tunghsu Azure Renewable Energy Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=2.41/2.47
=0.98

* 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.


Tunghsu Azure Renewable Energy Co Median PS Value Related Terms

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Tunghsu Azure Renewable Energy Co (SZSE:000040) Business Description

Traded in Other Exchanges
N/A
Address
25-27th Floor Hongji Building, No 1011 Dong Men Zhong Road, Guangdong, Shenzhen, CHN, 518001
Tunghsu Azure Renewable Energy Co Ltd is engaged in the business of new energy and ecological protection. It offers smart energy with multi-complementary, integrated distribution, and cogeneration of cold and heat, through environmental protection. The company also provides a package of green development solution. Its business scope covers ecological comprehensive management, water environment restoration and operation, soil and mine restoration, and hazardous waste/solid waste treatment. In addition, it provides local governments with planning and design in the fields of infrastructure construction and eco-environmental protection, investment, construction, operations, management, and other life cycle solutions.
Executives
Chen Wei Director
Li Dong Ming Executives
You Ming Tian Supervisors
Chen Han Zhong Executives
Luo Wei Guang Executives
Yan Jin Hui Director
Qiu Sheng Kai Executives
Huang Xu Hui Executives
Deng Xue Qin Director
Shen Shu Jiang Executives
Lin Yin Fu Supervisors
Zhou Ke Tian Director

Tunghsu Azure Renewable Energy Co (SZSE:000040) Headlines

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