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Tongkun Group Co (SHSE:601233) Median PS Value : ¥22.40 (As of May. 31, 2024)


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What is Tongkun Group 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. Tongkun Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥38.829. Tongkun Group Co's 10-Year median PS Ratio is 0.5769. Therefore, the Median PS Value for today is ¥22.40.

As of today (2024-05-31), Tongkun Group Co's share price is ¥15.08. Tongkun Group Co's Median PS Value is ¥22.40. Therefore, Tongkun Group Co's Price to Median PS Value for today is 0.67.

The historical rank and industry rank for Tongkun Group Co's Median PS Value or its related term are showing as below:

SHSE:601233' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.61   Med: 1.02   Max: 1.84
Current: 0.67

During the past 13 years, the highest Price to Median PS Value of Tongkun Group Co was 1.84. The lowest was 0.61. And the median was 1.02.

SHSE:601233's Price-to-Median-PS-Value is ranked better than
79.25% of 665 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs SHSE:601233: 0.67

Tongkun Group Co Median PS Value Historical Data

The historical data trend for Tongkun Group 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.

Tongkun Group Co Median PS Value Chart

Tongkun Group 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 - - 13.81 14.36 21.11

Tongkun Group 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 15.09 15.29 18.75 21.11 22.40

Competitive Comparison of Tongkun Group Co's Median PS Value

For the Textile Manufacturing subindustry, Tongkun Group 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.


Tongkun Group Co's Price-to-Median-PS-Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tongkun Group Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tongkun Group Co's Price-to-Median-PS-Value falls into.



Tongkun Group Co Median PS Value Calculation

Tongkun Group Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=38.829*0.5769
=22.40

10-Year Median PS Ratio is 0.5769.
Tongkun Group 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 ¥38.829.

* 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.


Tongkun Group Co  (SHSE:601233) 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.

Tongkun Group Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=15.08/22.40
=0.67

* 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.


Tongkun Group Co Median PS Value Related Terms

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Tongkun Group Co (SHSE:601233) Business Description

Traded in Other Exchanges
N/A
Address
No. 199 Guangming Road, Tongxiang Economic Development Zone, Tongxiang, Zhejiang, CHN, 314500
Tongkun Group Co Ltd is a China-based company engaged in polyester and polyester filament yarn manufacturing. It offers various polyester filament yarns such as a pre-oriented filament, draw textured yarns, polyester chips, and others under the GOLDENCOCK and Tong Kun brand names. Geographically the business activities are carried out through China.
Executives
Shen Pei Xing Director
Chen Shi Nan Director
Zhou Jun Directors, senior managers
Xu Jin Xiang Directors, senior managers
Chen Jian Rong Director

Tongkun Group Co (SHSE:601233) Headlines

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