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. China Telecom's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was HK$6.098. China Telecom's 10-Year median PS Ratio is 0.6822. Therefore, the Median PS Value for today is HK$4.16.
As of today (2024-05-03), China Telecom's share price is HK$4.20. China Telecom's Median PS Value is HK$4.16. Therefore, China Telecom's Price to Median PS Value for today is 1.01.
The historical rank and industry rank for China Telecom's Median PS Value or its related term are showing as below:
HKSE:00728'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.51 Med: 0.63 Max: 1.01
Current: 1.01
During the past 13 years, the highest Price to Median PS Value of China Telecom was 1.01. The lowest was 0.51. And the median was 0.63.
HKSE:00728's Price-to-Median-PS-Value is ranked worse than 64.61% of 243
companies
in the Telecommunication Services industry
Industry Median: 0.85
vs HKSE:00728: 1.01
China Telecom Median PS Value Historical Data
The historical data trend for China Telecom'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 China Telecom's Median PS Value
For the Telecom Services subindustry, China Telecom'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.
China Telecom's Price-to-Median-PS-Value Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, China Telecom's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where China Telecom's Price-to-Median-PS-Value falls into.
China Telecom Median PS Value Calculation
China Telecom's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.6822.
China Telecom'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 HK$6.098.
* 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.
China Telecom (HKSE:00728) 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.
China Telecom's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
4.20
/
4.16
=
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.
China Telecom Median PS Value Related Terms
Thank you for viewing the detailed overview of China Telecom's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.
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