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, Changhong Jiahua Holding's share price is HK$0.46.
Changhong Jiahua Holding's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$14.46. Hence, Changhong Jiahua Holding's PS Ratio for today is 0.03.
Good Sign:
Changhong Jiahua Holding Ltd stock PS Ratio (=0.03) is close to 10-year low of 0.03
The historical rank and industry rank for Changhong Jiahua Holding's PS Ratio or its related term are showing as below:
HKSE:03991'
s PS Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.34
Current: 0.03
During the past 13 years, Changhong Jiahua Holding's highest PS Ratio was 0.34. The lowest was 0.03. And the median was 0.08.
HKSE:03991's PS Ratio is ranked better than 99.72% of 2457
companies
in the Hardware industry
Industry Median: 1.52
vs HKSE:03991: 0.03
Changhong Jiahua Holding Ltd revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Changhong Jiahua Holding was -3.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -2.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.60% per year.
During the past 13 years, Changhong Jiahua Holding's highest 3-Year average Revenue per Share Growth Rate was 382.70% per year. The lowest was -49.40% per year. And the median was 6.70% 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 Changhong Jiahua Holding's PS Ratio
For the Electronics & Computer Distribution subindustry, Changhong Jiahua Holding'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.
Changhong Jiahua Holding's PS Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Changhong Jiahua Holding's PS Ratio distribution charts can be found below:
* The bar in red indicates where Changhong Jiahua Holding's PS Ratio falls into.
Changhong Jiahua Holding 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.
Changhong Jiahua Holding's Share Price of today is HK$0.46.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Changhong Jiahua Holding's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$14.46.
* 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:
Changhong Jiahua Holding (HKSE:03991) 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.
Changhong Jiahua Holding PS Ratio Related Terms
Thank you for viewing the detailed overview of Changhong Jiahua Holding's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Changhong Jiahua Holding (HKSE:03991) Business Description
Changhong Jiahua Holding Ltd is an investment holding company. It operates through three segments viz. ICT Consumer Products which covers the distribution of ICT consumer products including personal computers, digital products, and IT accessories; ICT Corporate Products which is involved in the distribution of ICT corporate products including storage products, minicomputers, networking products, personal computer servers, and unified communication and contact center products; and Others include distribution of smartphones and development of its own-brand products including but not limited to intelligent terminals, sales of warranty packages and professional integrated ICT solutions and provision of ICT services. It derives prime revenue from Mainland China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:03991 has been successfully added to your 