GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » JinkoSolar Holding Co Ltd (NYSE:JKS) » Definitions » Median PS Value

JinkoSolar Holding Co (JinkoSolar Holding Co) Median PS Value : $67.37 (As of Apr. 30, 2024)


View and export this data going back to 2010. Start your Free Trial

What is JinkoSolar Holding 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. JinkoSolar Holding Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $290.273. JinkoSolar Holding Co's 10-Year median PS Ratio is 0.2321. Therefore, the Median PS Value for today is $67.37.

As of today (2024-04-30), JinkoSolar Holding Co's share price is $24.12. JinkoSolar Holding Co's Median PS Value is $67.37. Therefore, JinkoSolar Holding Co's Price to Median PS Value for today is 0.36.

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

JKS' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.35   Med: 1.14   Max: 2.41
Current: 0.36

During the past 13 years, the highest Price to Median PS Value of JinkoSolar Holding Co was 2.41. The lowest was 0.35. And the median was 1.14.

JKS's Price-to-Median-PS-Value is ranked better than
93.93% of 511 companies
in the Semiconductors industry
Industry Median: 1.43 vs JKS: 0.36

JinkoSolar Holding Co Median PS Value Historical Data

The historical data trend for JinkoSolar Holding 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.

JinkoSolar Holding Co Median PS Value Chart

JinkoSolar Holding 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 23.48 25.62 29.96 64.95 70.50

JinkoSolar Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 69.20 73.13 75.25 70.50 67.37

Competitive Comparison of JinkoSolar Holding Co's Median PS Value

For the Solar subindustry, JinkoSolar Holding 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.


JinkoSolar Holding Co's Price-to-Median-PS-Value Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JinkoSolar Holding Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where JinkoSolar Holding Co's Price-to-Median-PS-Value falls into.



JinkoSolar Holding Co Median PS Value Calculation

JinkoSolar Holding Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=290.273*0.2321
=67.37

10-Year Median PS Ratio is 0.2321.
JinkoSolar Holding Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $290.273.

* 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.


JinkoSolar Holding Co  (NYSE:JKS) 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.

JinkoSolar Holding Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=24.12/67.37
=0.36

* 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.


JinkoSolar Holding Co Median PS Value Related Terms

Thank you for viewing the detailed overview of JinkoSolar Holding Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


JinkoSolar Holding Co (JinkoSolar Holding Co) Business Description

Address
1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334100
JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's product includes Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific (except China, which includes Hong Kong and Taiwan), and the Rest of the world.