GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shandong Hi-Speed Holdings Group Ltd (HKSE:00412) » Definitions » Median PS Value

Shandong Hi-Speed Holdings Group (HKSE:00412) Median PS Value : HK$17.39 (As of May. 04, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Shandong Hi-Speed Holdings Group 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. Shandong Hi-Speed Holdings Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.919. Shandong Hi-Speed Holdings Group's 10-Year median PS Ratio is 18.9227. Therefore, the Median PS Value for today is HK$17.39.

As of today (2024-05-04), Shandong Hi-Speed Holdings Group's share price is HK$7.23. Shandong Hi-Speed Holdings Group's Median PS Value is HK$17.39. Therefore, Shandong Hi-Speed Holdings Group's Price to Median PS Value for today is 0.42.

The historical rank and industry rank for Shandong Hi-Speed Holdings Group's Median PS Value or its related term are showing as below:

HKSE:00412' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.35   Med: 0.38   Max: 0.42
Current: 0.42

During the past 13 years, the highest Price to Median PS Value of Shandong Hi-Speed Holdings Group was 0.42. The lowest was 0.35. And the median was 0.38.

HKSE:00412's Price-to-Median-PS-Value is ranked better than
87.18% of 312 companies
in the Asset Management industry
Industry Median: 0.935 vs HKSE:00412: 0.42

Shandong Hi-Speed Holdings Group Median PS Value Historical Data

The historical data trend for Shandong Hi-Speed Holdings Group'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.

Shandong Hi-Speed Holdings Group Median PS Value Chart

Shandong Hi-Speed Holdings Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 14.00 17.39

Shandong Hi-Speed Holdings Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 14.00 - 17.39

Competitive Comparison of Shandong Hi-Speed Holdings Group's Median PS Value

For the Asset Management subindustry, Shandong Hi-Speed Holdings Group'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.


Shandong Hi-Speed Holdings Group's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Shandong Hi-Speed Holdings Group's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Shandong Hi-Speed Holdings Group's Price-to-Median-PS-Value falls into.



Shandong Hi-Speed Holdings Group Median PS Value Calculation

Shandong Hi-Speed Holdings Group's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.919*18.9227
=17.39

10-Year Median PS Ratio is 18.9227.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shandong Hi-Speed Holdings Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.919.

* 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.


Shandong Hi-Speed Holdings Group  (HKSE:00412) 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.

Shandong Hi-Speed Holdings Group's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=7.23/17.39
=0.42

* 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.


Shandong Hi-Speed Holdings Group Median PS Value Related Terms

Thank you for viewing the detailed overview of Shandong Hi-Speed Holdings Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Shandong Hi-Speed Holdings Group (HKSE:00412) Business Description

Traded in Other Exchanges
Address
No. 50 Connaught Road Central, 17th Floor, Agricultural Bank of China Tower, Hong Kong, HKG
Shandong Hi-Speed Holdings Group Ltd is an investment holding company & its segments include Industrial investment segment in operations of industrial investment-related business; Standard investment segment in trading of listed securities & listed bonds for interest income & capital appreciation; Non-standard investment segment in direct investment business, investments in debts instruments, unlisted bonds & investment funds; Licensed financial services segment in provision of money lending services, securities brokerage services, asset management services & asset trading platform; & Financial technology segment in online investment & technology-enabled lending services & online new media services. The majority is from the Industrial Investment segment & key revenue is from PRC.

Shandong Hi-Speed Holdings Group (HKSE:00412) Headlines

No Headlines