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Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Median PS Value : HK$0.00 (As of Jun. 09, 2024)


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What is Xinjiang Tianye Waterving Irrigation System Co 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. Xinjiang Tianye Waterving Irrigation System Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.703. Xinjiang Tianye Waterving Irrigation System Co's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is HK$0.00.

As of today (2024-06-09), Xinjiang Tianye Waterving Irrigation System Co's share price is HK$0.136. Xinjiang Tianye Waterving Irrigation System Co's Median PS Value is HK$0.00. Therefore, Xinjiang Tianye Waterving Irrigation System Co's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Xinjiang Tianye Waterving Irrigation System Co's Median PS Value or its related term are showing as below:

HKSE:00840's Price-to-Median-PS-Value is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 1.025
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Xinjiang Tianye Waterving Irrigation System Co Median PS Value Historical Data

The historical data trend for Xinjiang Tianye Waterving Irrigation System 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.

* Premium members only.

Xinjiang Tianye Waterving Irrigation System Co Median PS Value Chart

Xinjiang Tianye Waterving Irrigation System Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
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Xinjiang Tianye Waterving Irrigation System Co Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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Competitive Comparison of Xinjiang Tianye Waterving Irrigation System Co's Median PS Value

For the Farm & Heavy Construction Machinery subindustry, Xinjiang Tianye Waterving Irrigation System 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.


Xinjiang Tianye Waterving Irrigation System Co's Price-to-Median-PS-Value Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Xinjiang Tianye Waterving Irrigation System Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Xinjiang Tianye Waterving Irrigation System Co's Price-to-Median-PS-Value falls into.



Xinjiang Tianye Waterving Irrigation System Co Median PS Value Calculation

Xinjiang Tianye Waterving Irrigation System Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=2.703*0
=0.00

10-Year Median PS Ratio is 0.
Xinjiang Tianye Waterving Irrigation System Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$2.703.

* 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.


Xinjiang Tianye Waterving Irrigation System Co  (HKSE:00840) 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.

Xinjiang Tianye Waterving Irrigation System Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.136/0.00
=

* 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.


Xinjiang Tianye Waterving Irrigation System Co Median PS Value Related Terms

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Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Bei San Dong Road, Shihezi Economic and Technological Development Zone, Xinjiang, Shihezi, CHN, 832000
Xinjiang Tianye Water Saving Irrigation System Co Ltd is a China-based firm engaged in the manufacture of plastic products. Its activities include the production and marketing of agricultural plastic water-saving irrigation equipment and plastic pipelines, and construction and installation of water-saving irrigation systems. The company's products include the PVC materials for water supply pipes, PE piping materials and accessories, pressure compensatory drip tapes, labyrinth-style drip tapes, embedded-style drip tapes, agricultural tapes and drippers. It also offers installation services for water-saving irrigation systems.
Executives
Ding Wei 2101 Beneficial owner
Wang Bing 2202 Interest of your spouse

Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Headlines

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