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.
The historical rank and industry rank for Daqin Railway Co's Median PS Value or its related term are showing as below:
SHSE:601006'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.58 Med: 0.72 Max: 0.96
Current: 0.89
During the past 13 years, the highest Price to Median PS Value of Daqin Railway Co was 0.96. The lowest was 0.58. And the median was 0.72.
SHSE:601006's Price-to-Median-PS-Value is ranked better than 57.95% of 585
companies
in the Transportation industry
Industry Median: 0.99
vs SHSE:601006: 0.89
Daqin Railway Co Median PS Value Historical Data
The historical data trend for Daqin Railway Co'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.
Competitive Comparison of Daqin Railway Co's Median PS Value
For the Railroads subindustry, Daqin Railway Co'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.
Daqin Railway Co's Price-to-Median-PS-Value Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Daqin Railway Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Daqin Railway Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.7315.
Daqin Railway 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 ¥4.574.
* 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.
Daqin Railway Co (SHSE:601006) 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.
Daqin Railway Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
7.08
/
7.92
=
0.89
* 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.
Daqin Railway Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Daqin Railway Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Daqin Railway Co (SHSE:601006) Business Description
Daqin Railway is a state-owned rail-transport operator in China. The company's core asset, Daqin Line, and its 41%-owned Shuohuang Line, are China's busiest east-west coal railways. Their combined volume accounts for about one quarter of China's railway coal volume. Coal rail-transport contributes the bulk of Daqin's operating profit. Daqin also hauls other bulk and non-bulk freight and provides passenger rail service.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:601006 has been successfully added to your 