China Merchants Land (HKSE:00978) Median PS Value : HK$2.73 (As of May. 14, 2024)

View and export this data going back to 1997. Start your Free Trial

What is China Merchants Land 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. China Merchants Land's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$6.422. China Merchants Land's 10-Year median PS Ratio is 0.4251. Therefore, the Median PS Value for today is HK$2.73.

As of today (2024-05-14), China Merchants Land's share price is HK$0.31. China Merchants Land's Median PS Value is HK$2.73. Therefore, China Merchants Land's Price to Median PS Value for today is 0.11.

The historical rank and industry rank for China Merchants Land's Median PS Value or its related term are showing as below:

HKSE:00978' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.11 Med: 0.57 Max: 4.38
Current: 0.11

During the past 13 years, the highest Price to Median PS Value of China Merchants Land was 4.38. The lowest was 0.11. And the median was 0.57.

HKSE:00978's Price-to-Median-PS-Value is ranked better than
95.15% of 1051 companies
in the Real Estate industry
Industry Median: 0.87 vs HKSE:00978: 0.11

China Merchants Land Median PS Value Historical Data

The historical data trend for China Merchants Land'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.

China Merchants Land Median PS Value Chart

China Merchants Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Median PS Value

Get a 7-Day Free Trial

2.63

2.73

3.53

3.29

2.73

China Merchants Land Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Median PS Value	Get a 7-Day Free Trial															3.53	-	3.29	-	2.73

Competitive Comparison of China Merchants Land's Median PS Value

For the Real Estate - Diversified subindustry, China Merchants Land'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 Merchants Land's Price-to-Median-PS-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Merchants Land's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where China Merchants Land's Price-to-Median-PS-Value falls into.

China Merchants Land Median PS Value Calculation

China Merchants Land's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	6.422	*	0.4251
	=	2.73

10-Year Median PS Ratio is 0.4251.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Merchants Land's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$6.422.

China Merchants Land (HKSE:00978) 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 Merchants Land's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	0.31	/	2.73
	=	0.11

China Merchants Land Median PS Value Related Terms

Thank you for viewing the detailed overview of China Merchants Land's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.

China Merchants Land (HKSE:00978) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Merchants Land Ltd (HKSE:00978) » Definitions » Median PS Value

Traded in Other Exchanges

TNY1:Germany

Address

Nos. 168-200 Connaught Road, Room 2603 to 2606, 26th Floor, China Merchants Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

http://www.cmland.hk

China Merchants Land Ltd is an investment holding company that operates through two segments. The properties segment, which generates almost all the company's sales, is engaged in real estate development and leasing, and the Asset Management segment. Asset management segment includes office premises and shopping malls. The company operates primarily in Mainland China.

China Merchants Land (HKSE:00978) Headlines

No Headlines