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, Hanwei Electronics Group's share price is ¥19.79.
Hanwei Electronics Group's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥7.12. Hence, Hanwei Electronics Group's PS Ratio for today is 2.78.
The historical rank and industry rank for Hanwei Electronics Group's PS Ratio or its related term are showing as below:
SZSE:300007'
s PS Ratio Range Over the Past 10 Years
Min: 1.67 Med: 2.69 Max: 32.86
Current: 2.76
During the past 13 years, Hanwei Electronics Group's highest PS Ratio was 32.86. The lowest was 1.67. And the median was 2.69.
SZSE:300007's PS Ratio is ranked worse than 65.15% of 2445
companies
in the Hardware industry
Industry Median: 1.55
vs SZSE:300007: 2.76
Hanwei Electronics Group Corp has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Hanwei Electronics Group was 7.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 18.80% per year.
During the past 13 years, Hanwei Electronics Group's highest 3-Year average Revenue per Share Growth Rate was 43.80% per year. The lowest was -9.80% per year. And the median was 17.40% 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 Hanwei Electronics Group's PS Ratio
For the Scientific & Technical Instruments subindustry, Hanwei Electronics Group'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.
Hanwei Electronics Group's PS Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Hanwei Electronics Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Hanwei Electronics Group's PS Ratio falls into.
Hanwei Electronics Group 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.
Hanwei Electronics Group's Share Price of today is ¥19.79. Hanwei Electronics Group's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥7.12.
* 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:
Hanwei Electronics Group (SZSE:300007) 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.
Hanwei Electronics Group PS Ratio Related Terms
Thank you for viewing the detailed overview of Hanwei Electronics Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Hanwei Electronics Group Corp is engaged in the manufacturing of gas sensors and instruments in China. The product offered by the company includes Gas Alarm, Portable Gas Detector, Fixed Gas Detector, Alcohol Tester, Smoke alarm and others. The products are widely used in petroleum, chemical, metallurgy, environmental protection, mining, electronics, food, medical health, agriculture, gas, municipal engineering, home security and health, public areas, traffic safety management, sewage treatment, biological sciences, aerospace, military, anti-terrorism and other fields. Geographically the activities are carried out through China.
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