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Sunny Loan Top Co (SHSE:600830) PS Ratio : 10.56 (As of May. 11, 2024)


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What is Sunny Loan Top Co PS Ratio?

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, Sunny Loan Top Co's share price is ¥6.43. Sunny Loan Top Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.61. Hence, Sunny Loan Top Co's PS Ratio for today is 10.56.

Good Sign:

Sunny Loan Top Co Ltd stock PS Ratio (=10.67) is close to 1-year low of 9.72

The historical rank and industry rank for Sunny Loan Top Co's PS Ratio or its related term are showing as below:

SHSE:600830' s PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 4.02   Max: 16.6
Current: 10.59

During the past 13 years, Sunny Loan Top Co's highest PS Ratio was 16.60. The lowest was 1.76. And the median was 4.02.

SHSE:600830's PS Ratio is ranked worse than
94.08% of 1064 companies
in the Business Services industry
Industry Median: 1.12 vs SHSE:600830: 10.59

Sunny Loan Top Co's Revenue per Sharefor the three months ended in Mar. 2024 was ¥0.21. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.61.

Warning Sign:

Sunny Loan Top Co Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Sunny Loan Top Co was 2.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 12.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -19.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was -20.20% per year.

During the past 13 years, Sunny Loan Top Co's highest 3-Year average Revenue per Share Growth Rate was 53.50% per year. The lowest was -44.70% per year. And the median was 1.45% per year.

Back to Basics: PS Ratio


Sunny Loan Top Co PS Ratio Historical Data

The historical data trend for Sunny Loan Top Co'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.

* Premium members only.

Sunny Loan Top Co PS Ratio Chart

Sunny Loan Top Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.46 12.94 8.87 10.99 12.29

Sunny Loan Top Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PS Ratio 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 10.29 10.50 11.02 12.29 11.03

Competitive Comparison of Sunny Loan Top Co's PS Ratio

For the Specialty Business Services subindustry, Sunny Loan Top Co'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.


Sunny Loan Top Co's PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sunny Loan Top Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Sunny Loan Top Co's PS Ratio falls into.



Sunny Loan Top Co 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.

Sunny Loan Top Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=6.43/0.609
=10.56

Sunny Loan Top Co's Share Price of today is ¥6.43.
Sunny Loan Top 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 ¥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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Sunny Loan Top Co  (SHSE:600830) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Sunny Loan Top Co PS Ratio Related Terms

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Sunny Loan Top Co (SHSE:600830) Business Description

Traded in Other Exchanges
N/A
Address
No. 48 Lane 130, Kaiming Street, Ningbo, Zhejiang, CHN, 315000
Sunny Loan Top Co Ltd is a China-based company engaged in the commodities distribution and pawn businesses, provision of guaranty and leasing services, entrusted loan services, as well as commercial trading and property development businesses.

Sunny Loan Top Co (SHSE:600830) Headlines

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