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Chongqing Machinery & Electric Co (HKSE:02722) Median PS Value : HK$0.71 (As of May. 03, 2024)


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What is Chongqing Machinery & Electric 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. Chongqing Machinery & Electric Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.323. Chongqing Machinery & Electric Co's 10-Year median PS Ratio is 0.3056. Therefore, the Median PS Value for today is HK$0.71.

As of today (2024-05-03), Chongqing Machinery & Electric Co's share price is HK$0.70. Chongqing Machinery & Electric Co's Median PS Value is HK$0.71. Therefore, Chongqing Machinery & Electric Co's Price to Median PS Value for today is 0.99.

The historical rank and industry rank for Chongqing Machinery & Electric Co's Median PS Value or its related term are showing as below:

HKSE:02722' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.68   Med: 0.91   Max: 1.24
Current: 0.99

During the past 13 years, the highest Price to Median PS Value of Chongqing Machinery & Electric Co was 1.24. The lowest was 0.68. And the median was 0.91.

HKSE:02722's Price-to-Median-PS-Value is ranked better than
53.31% of 1555 companies
in the Industrial Products industry
Industry Median: 1.03 vs HKSE:02722: 0.99

Chongqing Machinery & Electric Co Median PS Value Historical Data

The historical data trend for Chongqing Machinery & Electric 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.

Chongqing Machinery & Electric Co Median PS Value Chart

Chongqing Machinery & Electric 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 0.58 0.68 0.79 0.65 0.71

Chongqing Machinery & Electric 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 0.79 - 0.65 - 0.71

Competitive Comparison of Chongqing Machinery & Electric Co's Median PS Value

For the Specialty Industrial Machinery subindustry, Chongqing Machinery & Electric 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.


Chongqing Machinery & Electric Co's Price-to-Median-PS-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chongqing Machinery & Electric Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Chongqing Machinery & Electric Co's Price-to-Median-PS-Value falls into.



Chongqing Machinery & Electric Co Median PS Value Calculation

Chongqing Machinery & Electric Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=2.323*0.3056
=0.71

10-Year Median PS Ratio is 0.3056.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Chongqing Machinery & Electric Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.323.

* 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.


Chongqing Machinery & Electric Co  (HKSE:02722) 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.

Chongqing Machinery & Electric Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.70/0.71
=0.99

* 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.


Chongqing Machinery & Electric Co Median PS Value Related Terms

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Chongqing Machinery & Electric Co (HKSE:02722) Business Description

Traded in Other Exchanges
Address
No. 60 Middle Section of Huangshan Avenue, New North Zone, Chongqing, CHN, 401123
Chongqing Machinery & Electric Co Ltd is principally engaged in designing, manufacturing, and sales of automobile parts and components, power equipment, general machinery, CNC machine tools, and trade & finance business. It also engages in the operation of equipment manufacturing, real estate development, financial investment, import and export trade, advisory services, and new technology. The company's operating segments include Engines, Hydroelectric Generation Equipment, Electrical Wires and Cables, General Machinery, Machinery tools, CNC machine tools division, High-voltage transformers, Material sales division, Financial Services, and Others.

Chongqing Machinery & Electric Co (HKSE:02722) Headlines

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