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, China Resources Land's share price is HK$29.15.
China Resources Land's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$38.52. Hence, China Resources Land's PS Ratio for today is 0.76.
The historical rank and industry rank for China Resources Land's PS Ratio or its related term are showing as below:
HKSE:01109'
s PS Ratio Range Over the Past 10 Years
Min: 0.57 Med: 1.39 Max: 3.13
Current: 0.74
During the past 13 years, China Resources Land's highest PS Ratio was 3.13. The lowest was 0.57. And the median was 1.39.
HKSE:01109's PS Ratio is ranked better than 75.08% of 1770
companies
in the Real Estate industry
Industry Median: 2.435
vs HKSE:01109: 0.74
China Resources Land Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of China Resources Land was 18.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 8.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 13.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 12.90% per year.
During the past 13 years, China Resources Land's highest 3-Year average Revenue per Share Growth Rate was 50.80% per year. The lowest was -57.70% per year. And the median was 19.60% per year.
Back to Basics: PS Ratio
China Resources Land PS Ratio Historical Data
The historical data trend for China Resources Land's PS Ratio 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.
Competitive Comparison of China Resources Land's PS Ratio
For the Real Estate - Development subindustry, China Resources Land'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.
China Resources Land's PS Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, China Resources Land's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Resources Land's PS Ratio falls into.
China Resources Land 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.
China Resources Land's Share Price of today is HK$29.15.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Resources Land's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$38.52.
* 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:
China Resources Land (HKSE:01109) 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.
China Resources Land PS Ratio Related Terms
Thank you for viewing the detailed overview of China Resources Land's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China Resources Land (HKSE:01109) Business Description
China Resources Land, or CR Land, is a leading real estate developer with nationwide coverage in China. Aside from the core development business, CR Land differentiates itself from peers with a significant investment property portfolio with luxury focused MixC malls, and it holds a 73.7% stake in listed property management company China Resources Mixc Lifestyle Services. CR Land is a subsidiary of China Resources Holdings, or CR Holdings, a sizable state-owned conglomerate with a diverse presence in the utilities, consumer goods, medical, and property sectors. CR Holdings holds about a 60% stake in CR Land.
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