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.
The historical rank and industry rank for Lai Sun Development Co's Median PS Value or its related term are showing as below:
HKSE:00488'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.09 Med: 0.39 Max: 1.99
Current: 0.1
During the past 13 years, the highest Price to Median PS Value of Lai Sun Development Co was 1.99. The lowest was 0.09. And the median was 0.39.
HKSE:00488's Price-to-Median-PS-Value is ranked better than 95.45% of 1055
companies
in the Real Estate industry
Industry Median: 0.86
vs HKSE:00488: 0.10
Lai Sun Development Co Median PS Value Historical Data
The historical data trend for Lai Sun Development 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.
Competitive Comparison of Lai Sun Development Co's Median PS Value
For the Real Estate - Diversified subindustry, Lai Sun Development 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.
Lai Sun Development Co's Price-to-Median-PS-Value Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Lai Sun Development Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Lai Sun Development Co's Price-to-Median-PS-Value falls into.
Lai Sun Development Co Median PS Value Calculation
10-Year Median PS Ratio is 1.7931.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Lai Sun Development Co's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was HK$3.77.
* 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.
Lai Sun Development Co (HKSE:00488) 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.
Lai Sun Development Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.66
/
6.76
=
0.10
* 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.
Lai Sun Development Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Lai Sun Development Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Lai Sun Development Co (HKSE:00488) Business Description
Lai Sun Development Co Ltd is an investment holding company. The company's operating segment includes property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation and others. The property development and sales segment is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Hong Kong, Mainland China and Macau.
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