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Tong Ren Tang Technologies Co (HKSE:01666) Median PS Value : HK$13.31 (As of May. 30, 2024)


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What is Tong Ren Tang Technologies 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. Tong Ren Tang Technologies Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5.784. Tong Ren Tang Technologies Co's 10-Year median PS Ratio is 2.3012. Therefore, the Median PS Value for today is HK$13.31.

As of today (2024-05-30), Tong Ren Tang Technologies Co's share price is HK$5.40. Tong Ren Tang Technologies Co's Median PS Value is HK$13.31. Therefore, Tong Ren Tang Technologies Co's Price to Median PS Value for today is 0.41.

The historical rank and industry rank for Tong Ren Tang Technologies Co's Median PS Value or its related term are showing as below:

HKSE:01666' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.38   Med: 0.71   Max: 1.21
Current: 0.41

During the past 13 years, the highest Price to Median PS Value of Tong Ren Tang Technologies Co was 1.21. The lowest was 0.38. And the median was 0.71.

HKSE:01666's Price-to-Median-PS-Value is ranked better than
88.36% of 507 companies
in the Drug Manufacturers industry
Industry Median: 0.82 vs HKSE:01666: 0.41

Tong Ren Tang Technologies Co Median PS Value Historical Data

The historical data trend for Tong Ren Tang Technologies 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.

Tong Ren Tang Technologies Co Median PS Value Chart

Tong Ren Tang Technologies Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.73 12.83 15.54 14.08 13.31

Tong Ren Tang Technologies Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.54 - 14.08 - 13.31

Competitive Comparison of Tong Ren Tang Technologies Co's Median PS Value

For the Drug Manufacturers - General subindustry, Tong Ren Tang Technologies 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.


Tong Ren Tang Technologies Co's Price-to-Median-PS-Value Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tong Ren Tang Technologies Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tong Ren Tang Technologies Co's Price-to-Median-PS-Value falls into.



Tong Ren Tang Technologies Co Median PS Value Calculation

Tong Ren Tang Technologies Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=5.784*2.3012
=13.31

10-Year Median PS Ratio is 2.3012.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tong Ren Tang Technologies Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5.784.

* 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.


Tong Ren Tang Technologies Co  (HKSE:01666) 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.

Tong Ren Tang Technologies Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=5.40/13.31
=0.41

* 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.


Tong Ren Tang Technologies Co Median PS Value Related Terms

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Tong Ren Tang Technologies Co (HKSE:01666) Business Description

Traded in Other Exchanges
Address
No. 16 Tongji Beilu, Beijing Economic and Technological Development Zone, Beijing, CHN
Tong Ren Tang Technologies Co Ltd is engaged in the production and distribution of Chinese medicine and primarily operates in Mainland China and Hong Kong. The operating segments derive their revenue primarily from the manufacture and sale of Chinese medicine of the company in Mainland China and Tong Ren Tang Chinese Medicine and its subsidiaries engaged in manufacturing, retail, and wholesale of Chinese medicine products and healthcare products, and provision of Chinese medical consultation and treatments outside Mainland China and wholesale of healthcare products in Mainland China.
Executives
Citigroup Inc. 2502 Approved lending agent
Hillhouse Capital Advisors, Ltd. 2102 Investment manager
Aberdeen Asset Management Plc And Its Associates 2102 Investment manager

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