The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, TCL Electronics Holdings's share price is HK$5.50.
TCL Electronics Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$31.88. Hence, TCL Electronics Holdings's PS Ratio for today is 0.17.
Warning Sign:
TCL Electronics Holdings Ltd stock PS Ratio (=0.17) is close to 2-year high of 0.18
The historical rank and industry rank for TCL Electronics Holdings's PS Ratio or its related term are showing as below:
HKSE:01070'
s PS Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.16 Max: 0.42
Current: 0.17
During the past 13 years, TCL Electronics Holdings's highest PS Ratio was 0.42. The lowest was 0.07. And the median was 0.16.
HKSE:01070's PS Ratio is ranked better than 95.37% of 2460
companies
in the Hardware industry
Industry Median: 1.52
vs HKSE:01070: 0.17
During the past 12 months, the average Revenue per Share Growth Rate of TCL Electronics Holdings was 11.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 13.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 13.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 1.30% per year.
During the past 13 years, TCL Electronics Holdings's highest 3-Year average Revenue per Share Growth Rate was 25.90% per year. The lowest was -22.90% per year. And the median was -2.60% per year.
* 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.
Competitive Comparison of TCL Electronics Holdings's PS Ratio
For the Consumer Electronics subindustry, TCL Electronics Holdings's PS Ratio, along with its competitors' market caps and PS Ratio 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.
TCL Electronics Holdings's PS Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, TCL Electronics Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where TCL Electronics Holdings's PS Ratio falls into.
TCL Electronics Holdings PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
TCL Electronics Holdings's Share Price of today is HK$5.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TCL Electronics Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$31.88.
* 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.
It can also be calculated from the numbers for the whole company:
TCL Electronics Holdings (HKSE:01070) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
TCL Electronics Holdings PS Ratio Related Terms
Thank you for viewing the detailed overview of TCL Electronics Holdings's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
TCL Electronics Holdings (HKSE:01070) Business Description
TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.
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