GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Merchants Energy Shipping Co Ltd (SHSE:601872) » Definitions » Median PS Value

China Merchants Energy Shipping Co (SHSE:601872) Median PS Value : ¥8.33 (As of May. 25, 2024)


View and export this data going back to 2006. Start your Free Trial

What is China Merchants Energy Shipping Co 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. China Merchants Energy Shipping Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3.253. China Merchants Energy Shipping Co's 10-Year median PS Ratio is 2.5607. Therefore, the Median PS Value for today is ¥8.33.

As of today (2024-05-25), China Merchants Energy Shipping Co's share price is ¥9.12. China Merchants Energy Shipping Co's Median PS Value is ¥8.33. Therefore, China Merchants Energy Shipping Co's Price to Median PS Value for today is 1.10.

The historical rank and industry rank for China Merchants Energy Shipping Co's Median PS Value or its related term are showing as below:

SHSE:601872' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.36   Med: 0.56   Max: 1.1
Current: 1.1

During the past 13 years, the highest Price to Median PS Value of China Merchants Energy Shipping Co was 1.10. The lowest was 0.36. And the median was 0.56.

SHSE:601872's Price-to-Median-PS-Value is ranked worse than
63.92% of 571 companies
in the Oil & Gas industry
Industry Median: 0.92 vs SHSE:601872: 1.10

China Merchants Energy Shipping Co Median PS Value Historical Data

The historical data trend for China Merchants Energy Shipping 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.

* Premium members only.

China Merchants Energy Shipping Co Median PS Value Chart

China Merchants Energy Shipping Co 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 10.51 11.75 10.30 10.67 8.33

China Merchants Energy Shipping Co 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 10.44 9.58 8.70 8.33 8.33

Competitive Comparison of China Merchants Energy Shipping Co's Median PS Value

For the Oil & Gas Midstream subindustry, China Merchants Energy Shipping 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.


China Merchants Energy Shipping Co's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Merchants Energy Shipping Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where China Merchants Energy Shipping Co's Price-to-Median-PS-Value falls into.



China Merchants Energy Shipping Co Median PS Value Calculation

China Merchants Energy Shipping Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=3.253*2.5607
=8.33

10-Year Median PS Ratio is 2.5607.
China Merchants Energy Shipping 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 ¥3.253.

* 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.


China Merchants Energy Shipping Co  (SHSE:601872) 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.

China Merchants Energy Shipping Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=9.12/8.33
=1.09

* 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.


China Merchants Energy Shipping Co Median PS Value Related Terms

Thank you for viewing the detailed overview of China Merchants Energy Shipping Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


China Merchants Energy Shipping Co (SHSE:601872) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Zhongshan East 1st Road, Shanghai, Shanghai, CHN, 200002
China Merchants Energy Shipping Co Ltd is a China-based company engages in the tanker transportation, bulk cargo vessel transportation and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to the customers from China, Japan, Korea, Southeast Asia and the United States and other countries.
Executives
Hu Bin senior management
Deng Wei Dong Director
Wang Yong Xin Directors, senior managers
Xu Hui senior management
Kong Kang senior management
Yan Wu Shan senior management
Su Xin Gang Director
Ding Lei senior management
Xie Chun Lin Director
Song De Xing Director
Lv Sheng Zhou Director

China Merchants Energy Shipping Co (SHSE:601872) Headlines

No Headlines