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, YH Entertainment Group's share price is HK$0.70.
YH Entertainment Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.01. Hence, YH Entertainment Group's PS Ratio for today is 0.69.
The historical rank and industry rank for YH Entertainment Group's PS Ratio or its related term are showing as below:
HKSE:02306'
s PS Ratio Range Over the Past 10 Years
Min: 0.54 Med: 3.63 Max: 7.62
Current: 0.69
During the past 5 years, YH Entertainment Group's highest PS Ratio was 7.62. The lowest was 0.54. And the median was 3.63.
HKSE:02306's PS Ratio is ranked better than 66.83% of 1016
companies
in the Media - Diversified industry
Industry Median: 1.225
vs HKSE:02306: 0.69
During the past 5 years, YH Entertainment Group's highest 3-Year average Revenue per Share Growth Rate was 16.50% per year. The lowest was -6.60% per year. And the median was 4.95% 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 YH Entertainment Group's PS Ratio
For the Entertainment subindustry, YH Entertainment 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.
YH Entertainment Group's PS Ratio Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, YH Entertainment Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where YH Entertainment Group's PS Ratio falls into.
YH Entertainment 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.
YH Entertainment Group's Share Price of today is HK$0.70.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. YH Entertainment Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.01.
* 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:
YH Entertainment Group (HKSE:02306) 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.
YH Entertainment Group PS Ratio Related Terms
Thank you for viewing the detailed overview of YH Entertainment Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
YH Entertainment Group (HKSE:02306) Business Description
YH Entertainment Group is an artist management company in China. The company has grown into a cultural and entertainment platform comprising three complementary business segments artist management, music IP production and operation, and pan-entertainment business. The artist management business, provides services to customers, including corporate customers, media platforms, content producers, and advertising agencies, by arranging for managed artists to participate in commercial activities and perform in movies, drama series, and a variety of programs. With the music IP production and operation business, the company licenses the music IPs in the library to music streaming platforms and other music service providers for licensing fees and sells digital and physical copies of music IPs.
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