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 Neo-Neon Holdings's Median PS Value or its related term are showing as below:
HKSE:01868'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.56 Med: 0.59 Max: 0.71
Current: 0.69
During the past 13 years, the highest Price to Median PS Value of Neo-Neon Holdings was 0.71. The lowest was 0.56. And the median was 0.59.
HKSE:01868's Price-to-Median-PS-Value is ranked better than 79.31% of 1556
companies
in the Industrial Products industry
Industry Median: 1.04
vs HKSE:01868: 0.69
Neo-Neon Holdings Median PS Value Historical Data
The historical data trend for Neo-Neon Holdings'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 Neo-Neon Holdings's Median PS Value
For the Electrical Equipment & Parts subindustry, Neo-Neon Holdings'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.
Neo-Neon Holdings's Price-to-Median-PS-Value Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Neo-Neon Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Neo-Neon Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.4355.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neo-Neon Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.411.
* 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.
Neo-Neon Holdings (HKSE:01868) 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.
Neo-Neon Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.405
/
0.59
=
0.69
* 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.
Neo-Neon Holdings Median PS Value Related Terms
Thank you for viewing the detailed overview of Neo-Neon Holdings's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Neo-Neon Holdings (HKSE:01868) Business Description
Neo-Neon Holdings Ltd is a manufacturer and distributor of LED decorative lighting products. The company's product portfolio is divided into LED decorative lighting, Commercial lighting, Professional lighting, Professional architectural lighting, Industrial lighting, Landscape lighting, and other products. Its segments include the PRC lighting segment, which consists of research and development, manufacture of lighting products in China, and distribution of lighting products in China and overseas; and the USA lighting segment consists of the provision of lighting solutions and trading of lighting products in the USA. Its geographical segments include North America, which generates the vast majority of the company's revenue; Europe; The PRC; Asia (excluding the PRC); and Other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01868 has been successfully added to your 