GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zhejiang Hailiang Co Ltd (SZSE:002203) » Definitions » Median PS Value

Zhejiang Hailiang Co (SZSE:002203) Median PS Value : ¥16.19 (As of May. 12, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Zhejiang Hailiang 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. Zhejiang Hailiang Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥35.803. Zhejiang Hailiang Co's 10-Year median PS Ratio is 0.4522. Therefore, the Median PS Value for today is ¥16.19.

As of today (2024-05-12), Zhejiang Hailiang Co's share price is ¥9.05. Zhejiang Hailiang Co's Median PS Value is ¥16.19. Therefore, Zhejiang Hailiang Co's Price to Median PS Value for today is 0.56.

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

SZSE:002203' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.48   Med: 0.67   Max: 0.86
Current: 0.56

During the past 13 years, the highest Price to Median PS Value of Zhejiang Hailiang Co was 0.86. The lowest was 0.48. And the median was 0.67.

SZSE:002203's Price-to-Median-PS-Value is ranked better than
83.51% of 376 companies
in the Metals & Mining industry
Industry Median: 1.025 vs SZSE:002203: 0.56

Zhejiang Hailiang Co Median PS Value Historical Data

The historical data trend for Zhejiang Hailiang 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.

Zhejiang Hailiang Co Median PS Value Chart

Zhejiang Hailiang 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 13.27 11.58 14.42 17.58 15.94

Zhejiang Hailiang 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 17.52 18.37 19.27 15.94 16.19

Competitive Comparison of Zhejiang Hailiang Co's Median PS Value

For the Copper subindustry, Zhejiang Hailiang 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.


Zhejiang Hailiang Co's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhejiang Hailiang Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Zhejiang Hailiang Co's Price-to-Median-PS-Value falls into.



Zhejiang Hailiang Co Median PS Value Calculation

Zhejiang Hailiang Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=35.803*0.4522
=16.19

10-Year Median PS Ratio is 0.4522.
Zhejiang Hailiang 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 ¥35.803.

* 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.


Zhejiang Hailiang Co  (SZSE:002203) 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.

Zhejiang Hailiang Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=9.05/16.19
=0.56

* 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.


Zhejiang Hailiang Co Median PS Value Related Terms

Thank you for viewing the detailed overview of Zhejiang Hailiang Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Hailiang Co (SZSE:002203) Business Description

Traded in Other Exchanges
N/A
Address
Zhejiang Diankou Town Industrial Zone, Zhejiang Province, Zhuji, CHN, 311835
Zhejiang Hailiang Co Ltd is engaged in the R&D, production, marketing and servicing of copper and copper products. The company is also engaged in manufacturing copper tubes, copper alloy tube and copper rods; and exports copper tubing products.

Zhejiang Hailiang Co (SZSE:002203) Headlines

No Headlines