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Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Median PS Value : ¥7.17 (As of May. 28, 2024)


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What is Shanghai SK Petroleum & Chemical Equipment 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. Shanghai SK Petroleum & Chemical Equipment's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1.992. Shanghai SK Petroleum & Chemical Equipment's 10-Year median PS Ratio is 3.5994. Therefore, the Median PS Value for today is ¥7.17.

As of today (2024-05-28), Shanghai SK Petroleum & Chemical Equipment's share price is ¥4.39. Shanghai SK Petroleum & Chemical Equipment's Median PS Value is ¥7.17. Therefore, Shanghai SK Petroleum & Chemical Equipment's Price to Median PS Value for today is 0.61.

The historical rank and industry rank for Shanghai SK Petroleum & Chemical Equipment's Median PS Value or its related term are showing as below:

SZSE:002278' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.43   Med: 0.66   Max: 0.78
Current: 0.61

During the past 13 years, the highest Price to Median PS Value of Shanghai SK Petroleum & Chemical Equipment was 0.78. The lowest was 0.43. And the median was 0.66.

SZSE:002278's Price-to-Median-PS-Value is ranked better than
84.19% of 1562 companies
in the Industrial Products industry
Industry Median: 1.05 vs SZSE:002278: 0.61

Shanghai SK Petroleum & Chemical Equipment Median PS Value Historical Data

The historical data trend for Shanghai SK Petroleum & Chemical Equipment'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.

Shanghai SK Petroleum & Chemical Equipment Median PS Value Chart

Shanghai SK Petroleum & Chemical Equipment 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 12.59 10.05 9.80 6.72 7.90

Shanghai SK Petroleum & Chemical Equipment 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 7.23 7.93 7.99 7.90 7.17

Competitive Comparison of Shanghai SK Petroleum & Chemical Equipment's Median PS Value

For the Specialty Industrial Machinery subindustry, Shanghai SK Petroleum & Chemical Equipment'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.


Shanghai SK Petroleum & Chemical Equipment's Price-to-Median-PS-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai SK Petroleum & Chemical Equipment's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Shanghai SK Petroleum & Chemical Equipment's Price-to-Median-PS-Value falls into.



Shanghai SK Petroleum & Chemical Equipment Median PS Value Calculation

Shanghai SK Petroleum & Chemical Equipment's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1.992*3.5994
=7.17

10-Year Median PS Ratio is 3.5994.
Shanghai SK Petroleum & Chemical Equipment'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 ¥1.992.

* 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.


Shanghai SK Petroleum & Chemical Equipment  (SZSE:002278) 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.

Shanghai SK Petroleum & Chemical Equipment's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=4.39/7.17
=0.61

* 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.


Shanghai SK Petroleum & Chemical Equipment Median PS Value Related Terms

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Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Business Description

Traded in Other Exchanges
N/A
Address
No. 1769 Puxing Highway, Pujiang Town, Minhang District, Shanghai, Shanghai, CHN, 201114
Shanghai SK Petroleum & Chemical Equipment Corp Ltd is engaged in research and development and manufacturing of petrochemical equipment and engineering technology services. The products of the company include well control equipment, wellhead equipment, drilling and mining accessories, drilling instruments, oil analyzers, blowout preventers, and oil and mining drill bits.
Executives
Li Fang Ying Director
Zhang Guan Jun Independent director
Tang Wei Min Executives
Jiang Gan Hong Supervisors
Zhao Xin Yi Executives
Gu Cheng Yu Directors, executives
Huang Jia Liu Director
Wang Xiang Wei Director
Kou Yu Ting Directors, executives
Gu Bing Directors, Directors, and Executives
Yuan Jian Xin Director
Wang Min Executives
Chen Zhi Min Supervisors
Gu Zheng Director
Hu Shou Jun Independent director

Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Headlines

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