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Zhejiang Yongan Rongtong Holdings Co (HKSE:08211) Median PS Value : HK$0.06 (As of Jun. 06, 2024)


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What is Zhejiang Yongan Rongtong Holdings 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. Zhejiang Yongan Rongtong Holdings Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.057. Zhejiang Yongan Rongtong Holdings Co's 10-Year median PS Ratio is 1.0526. Therefore, the Median PS Value for today is HK$0.06.

As of today (2024-06-06), Zhejiang Yongan Rongtong Holdings Co's share price is HK$0.027. Zhejiang Yongan Rongtong Holdings Co's Median PS Value is HK$0.06. Therefore, Zhejiang Yongan Rongtong Holdings Co's Price to Median PS Value for today is 0.45.

The historical rank and industry rank for Zhejiang Yongan Rongtong Holdings Co's Median PS Value or its related term are showing as below:

HKSE:08211' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.42   Med: 1.05   Max: 1.13
Current: 0.45

During the past 13 years, the highest Price to Median PS Value of Zhejiang Yongan Rongtong Holdings Co was 1.13. The lowest was 0.42. And the median was 1.05.

HKSE:08211's Price-to-Median-PS-Value is ranked better than
89.31% of 664 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs HKSE:08211: 0.45

Zhejiang Yongan Rongtong Holdings Co Median PS Value Historical Data

The historical data trend for Zhejiang Yongan Rongtong Holdings 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.

Zhejiang Yongan Rongtong Holdings Co Median PS Value Chart

Zhejiang Yongan Rongtong Holdings 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 0.16 0.09 0.12 0.09 0.06

Zhejiang Yongan Rongtong Holdings 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 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 0.09 0.09 0.08 0.07 0.06

Competitive Comparison of Zhejiang Yongan Rongtong Holdings Co's Median PS Value

For the Textile Manufacturing subindustry, Zhejiang Yongan Rongtong Holdings 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.


Zhejiang Yongan Rongtong Holdings Co's Price-to-Median-PS-Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Yongan Rongtong Holdings Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Zhejiang Yongan Rongtong Holdings Co's Price-to-Median-PS-Value falls into.



Zhejiang Yongan Rongtong Holdings Co Median PS Value Calculation

Zhejiang Yongan Rongtong Holdings Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.057*1.0526
=0.06

10-Year Median PS Ratio is 1.0526.
Zhejiang Yongan Rongtong Holdings 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$0.057.

* 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.


Zhejiang Yongan Rongtong Holdings Co  (HKSE:08211) 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.

Zhejiang Yongan Rongtong Holdings Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.027/0.06
=0.45

* 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.


Zhejiang Yongan Rongtong Holdings Co Median PS Value Related Terms

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Zhejiang Yongan Rongtong Holdings Co (HKSE:08211) Business Description

Traded in Other Exchanges
N/A
Address
6-8 Harbour Road, Suites 2701-08, 27/F, Shui On Centre, Wanchai, Hong Kong, HKG
Zhejiang Yongan Rongtong Holdings Co Ltd is the manufacturer and seller of woven fabric. Its segment includes Woven fabrics, Subcontracting services. The Woven fabrics segment which derives the majority of revenue engages in the manufacture and sale of woven fabrics; The Subcontracting services segment includes the provision of woven fabrics subcontracting services. Its product comprises cotton, polyester, spandex, and fashion fabrics. These products are exported to various overseas markets such as Europe, South America, the Middle East, and Others overseas.

Zhejiang Yongan Rongtong Holdings Co (HKSE:08211) Headlines

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