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Xinxiang Chemical Fibre Co (SZSE:000949) Median PS Value : ¥5.31 (As of May. 25, 2024)


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What is Xinxiang Chemical Fibre 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. Xinxiang Chemical Fibre Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥5.28. Xinxiang Chemical Fibre Co's 10-Year median PS Ratio is 1.0057. Therefore, the Median PS Value for today is ¥5.31.

As of today (2024-05-25), Xinxiang Chemical Fibre Co's share price is ¥3.75. Xinxiang Chemical Fibre Co's Median PS Value is ¥5.31. Therefore, Xinxiang Chemical Fibre Co's Price to Median PS Value for today is 0.71.

The historical rank and industry rank for Xinxiang Chemical Fibre Co's Median PS Value or its related term are showing as below:

SZSE:000949' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.57   Med: 0.96   Max: 3.03
Current: 0.71

During the past 13 years, the highest Price to Median PS Value of Xinxiang Chemical Fibre Co was 3.03. The lowest was 0.57. And the median was 0.96.

SZSE:000949's Price-to-Median-PS-Value is ranked better than
78.06% of 857 companies
in the Chemicals industry
Industry Median: 1.01 vs SZSE:000949: 0.71

Xinxiang Chemical Fibre Co Median PS Value Historical Data

The historical data trend for Xinxiang Chemical Fibre 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.

Xinxiang Chemical Fibre Co Median PS Value Chart

Xinxiang Chemical Fibre 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 4.02 3.46 6.52 4.99 5.22

Xinxiang Chemical Fibre 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 4.80 4.68 4.96 5.22 5.31

Competitive Comparison of Xinxiang Chemical Fibre Co's Median PS Value

For the Chemicals subindustry, Xinxiang Chemical Fibre 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.


Xinxiang Chemical Fibre Co's Price-to-Median-PS-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinxiang Chemical Fibre Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Xinxiang Chemical Fibre Co's Price-to-Median-PS-Value falls into.



Xinxiang Chemical Fibre Co Median PS Value Calculation

Xinxiang Chemical Fibre Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=5.28*1.0057
=5.31

10-Year Median PS Ratio is 1.0057.
Xinxiang Chemical Fibre 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 ¥5.28.

* 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.


Xinxiang Chemical Fibre Co  (SZSE:000949) 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.

Xinxiang Chemical Fibre Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=3.75/5.31
=0.71

* 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.


Xinxiang Chemical Fibre Co Median PS Value Related Terms

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Xinxiang Chemical Fibre Co (SZSE:000949) Business Description

Traded in Other Exchanges
N/A
Address
South side of Xinchang Road, Economic and Technological Development Zone, Henan, Xinxiang, CHN, 453006
Xinxiang Chemical Fibre Co Ltd specializes in producing chemical fiber textile raw materials in China. Their main products are centrifugal viscose rayon filament yarn, continuous viscose rayon filament yarn, viscose staple fiber, and polyester. The company's products are not only sold in the Chinese market but also exported to more than 30 countries and regions such as Germany, Italy, Japan, South Korea and India.
Executives
Zhu Xue Xin Supervisors
Chen Xi An Executives
Lu Wei Executives
Zhang Jia Qi Directors, executives
Wang Wen Xin Director
Shao Zhang Jin Director
Ji Yu Dong Directors, executives
Feng Li Ping Executives
Yue Sheng Li Director
Zhou Xue Li Executives
Song De Shun Executives
Cao Jun You Executives
Xiao Shu Bin Director
Zhou Jian Hua Supervisors
Jia Bao Liang Directors, executives

Xinxiang Chemical Fibre Co (SZSE:000949) Headlines

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