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Truking Technology (SZSE:300358) Median PS Value : ¥28.67 (As of May. 25, 2024)


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What is Truking Technology 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. Truking Technology's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥11.31. Truking Technology's 10-Year median PS Ratio is 2.5349. Therefore, the Median PS Value for today is ¥28.67.

As of today (2024-05-25), Truking Technology's share price is ¥7.93. Truking Technology's Median PS Value is ¥28.67. Therefore, Truking Technology's Price to Median PS Value for today is 0.28.

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

SZSE:300358' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.28   Med: 0.34   Max: 0.35
Current: 0.28

During the past 13 years, the highest Price to Median PS Value of Truking Technology was 0.35. The lowest was 0.28. And the median was 0.34.

SZSE:300358's Price-to-Median-PS-Value is ranked better than
89.06% of 320 companies
in the Medical Devices & Instruments industry
Industry Median: 0.805 vs SZSE:300358: 0.28

Truking Technology Median PS Value Historical Data

The historical data trend for Truking Technology'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.

Truking Technology Median PS Value Chart

Truking Technology 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 - - - - 31.23

Truking Technology 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 - - 35.47 31.23 28.67

Competitive Comparison of Truking Technology's Median PS Value

For the Medical Instruments & Supplies subindustry, Truking Technology'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.


Truking Technology's Price-to-Median-PS-Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Truking Technology's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Truking Technology's Price-to-Median-PS-Value falls into.



Truking Technology Median PS Value Calculation

Truking Technology's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=11.31*2.5349
=28.67

10-Year Median PS Ratio is 2.5349.
Truking Technology'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 ¥11.31.

* 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.


Truking Technology  (SZSE:300358) 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.

Truking Technology's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=7.93/28.67
=0.28

* 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.


Truking Technology Median PS Value Related Terms

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Truking Technology (SZSE:300358) Business Description

Traded in Other Exchanges
N/A
Address
No 1 Xinkang Road, Ningxiang, Yutan Town, Hunan Province, Changsha, CHN, 410600
Truking Technology Ltd operates in the pharmaceutical and medical equipment industry. It develops, designs, manufactures, sells and provides services for aqueous pharmaceutical equipment. The company offers solutions for Fluid Processing System, Ampoule Injectable Products Production, Vial Injectable Products Production, Plastic Bottle Blow-Fill-Seal Production, Cartridge Production, and others. It sells its products in China, and also exports it to the other countries.
Executives
Ceng Fan Yun Directors, executives
Yang Wen Lu Director
Tang Yue Director
Zhou Fei Yue Directors, Directors, and Executives
Zheng Qi Ping Executives
Ceng He Qing Executives
Qiu Yong Mou Supervisors
Li Gang Executives
Zhou Jing Ying Executives
Liu Gui Lin Supervisors

Truking Technology (SZSE:300358) Headlines

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