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China Merchants Securities Co (HKSE:06099) Median PS Value

: HK$6.86 (As of Today)
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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 Securities Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.161. China Merchants Securities Co's 10-Year median PS Ratio is 3.1745. Therefore, the Median PS Value for today is HK$6.86.

As of today (2024-04-19), China Merchants Securities Co's share price is HK$6.00. China Merchants Securities Co's Median PS Value is HK$6.86. Therefore, China Merchants Securities Co's Price to Median PS Value for today is 0.87.

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

HKSE:06099' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.64   Med: 0.81   Max: 0.93
Current: 0.87

During the past 13 years, the highest Price to Median PS Value of China Merchants Securities Co was 0.93. The lowest was 0.64. And the median was 0.81.

HKSE:06099's Price-to-Median-PS-Value is ranked better than
61.06% of 357 companies
in the Capital Markets industry
Industry Median: 1.03 vs HKSE:06099: 0.87

China Merchants Securities Co Median PS Value Historical Data

The historical data trend for China Merchants Securities 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.

China Merchants Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.75 12.52 18.54 9.41 7.40

China Merchants Securities Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value 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 Premium Member Only Premium Member Only Premium Member Only 9.41 9.42 8.68 7.50 7.40

Competitive Comparison

For the Capital Markets subindustry, China Merchants Securities 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.


China Merchants Securities Co Price-to-Median-PS-Value Distribution

For the Capital Markets industry and Financial Services sector, China Merchants Securities Co's Price-to-Median-PS-Value distribution charts can be found below:

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



China Merchants Securities Co Median PS Value Calculation

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

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=2.161*3.1745
=6.86

10-Year Median PS Ratio is 3.1745.
China Merchants Securities Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$2.161.

* 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.


China Merchants Securities Co  (HKSE:06099) 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 Securities Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=6.00/6.86
=0.87

* 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.


China Merchants Securities Co Median PS Value Related Terms

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China Merchants Securities Co (HKSE:06099) Business Description

Traded in Other Exchanges
Address
No. 111, 1st Fuhua Road, Futian District, Guangdong, Shenzhen, CHN, 518046
China Merchants Securities Co Ltd is a financial service provider. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business include brokerage and wealth management, capital-based intermediary business, and institutional client integrated services. Investment banking business includes equity underwriting, debt underwriting, and financial advisory businesses. The Investment management business engages in securities asset management and private equity investment fund business. Investment and trading business includes the investment and trading of equity and fixed-income products and other financial products.

China Merchants Securities Co (HKSE:06099) Headlines

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