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 Towngas Smart Energy Co's Median PS Value or its related term are showing as below:
HKSE:01083'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.35 Med: 0.56 Max: 1.04
Current: 0.4
During the past 13 years, the highest Price to Median PS Value of Towngas Smart Energy Co was 1.04. The lowest was 0.35. And the median was 0.56.
HKSE:01083's Price-to-Median-PS-Value is ranked better than 90.38% of 364
companies
in the Utilities - Regulated industry
Industry Median: 0.9
vs HKSE:01083: 0.40
Towngas Smart Energy Co Median PS Value Historical Data
* 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 Towngas Smart Energy Co's Median PS Value
For the Utilities - Regulated Gas subindustry, Towngas Smart Energy 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.
Towngas Smart Energy Co's Price-to-Median-PS-Value Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Towngas Smart Energy Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Towngas Smart Energy Co's Price-to-Median-PS-Value falls into.
Towngas Smart Energy Co Median PS Value Calculation
10-Year Median PS Ratio is 1.4146.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Towngas Smart Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5.429.
* 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.
Towngas Smart Energy Co (HKSE:01083) 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.
Towngas Smart Energy Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
3.11
/
7.68
=
0.40
* 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.
Towngas Smart Energy Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Towngas Smart Energy Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Towngas Smart Energy Co (HKSE:01083) Business Description
Towngas Smart Energy Co Ltd is an investment holding company engaged in the sales of pipe gas and other types of energy, the construction of gas pipelines, the sale of gas appliances and related products, and other value-added services in the People's Republic of China. It has three operating segments; Sales of piped gas and energy including Sales of piped gas (mainly natural gas) and other types of energy, Gas connection include Construction of gas pipeline networks under gas connection contracts, and Extended business including Sales of gas-related household appliances and related products, and other related value-added services.
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