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Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Median PS Value : ¥4.12 (As of May. 18, 2024)


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What is Shandong Huatai Paper Industry Shareholding 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. Shandong Huatai Paper Industry Shareholding Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥8.788. Shandong Huatai Paper Industry Shareholding Co's 10-Year median PS Ratio is 0.4688. Therefore, the Median PS Value for today is ¥4.12.

As of today (2024-05-18), Shandong Huatai Paper Industry Shareholding Co's share price is ¥3.77. Shandong Huatai Paper Industry Shareholding Co's Median PS Value is ¥4.12. Therefore, Shandong Huatai Paper Industry Shareholding Co's Price to Median PS Value for today is 0.92.

The historical rank and industry rank for Shandong Huatai Paper Industry Shareholding Co's Median PS Value or its related term are showing as below:

SHSE:600308' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.35   Med: 0.85   Max: 1.24
Current: 0.92

During the past 13 years, the highest Price to Median PS Value of Shandong Huatai Paper Industry Shareholding Co was 1.24. The lowest was 0.35. And the median was 0.85.

SHSE:600308's Price-to-Median-PS-Value is ranked better than
57.8% of 218 companies
in the Forest Products industry
Industry Median: 1.005 vs SHSE:600308: 0.92

Shandong Huatai Paper Industry Shareholding Co Median PS Value Historical Data

The historical data trend for Shandong Huatai Paper Industry Shareholding 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.

Shandong Huatai Paper Industry Shareholding Co Median PS Value Chart

Shandong Huatai Paper Industry Shareholding 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 4.27 3.63 4.32 5.28 4.21

Shandong Huatai Paper Industry Shareholding 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 5.28 4.66 4.28 4.21 4.12

Competitive Comparison of Shandong Huatai Paper Industry Shareholding Co's Median PS Value

For the Paper & Paper Products subindustry, Shandong Huatai Paper Industry Shareholding 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.


Shandong Huatai Paper Industry Shareholding Co's Price-to-Median-PS-Value Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shandong Huatai Paper Industry Shareholding Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Shandong Huatai Paper Industry Shareholding Co's Price-to-Median-PS-Value falls into.



Shandong Huatai Paper Industry Shareholding Co Median PS Value Calculation

Shandong Huatai Paper Industry Shareholding Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=8.788*0.4688
=4.12

10-Year Median PS Ratio is 0.4688.
Shandong Huatai Paper Industry Shareholding 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 ¥8.788.

* 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.


Shandong Huatai Paper Industry Shareholding Co  (SHSE:600308) 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.

Shandong Huatai Paper Industry Shareholding Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=3.77/4.12
=0.92

* 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.


Shandong Huatai Paper Industry Shareholding Co Median PS Value Related Terms

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Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Business Description

Traded in Other Exchanges
N/A
Address
Dawang Town, Guangrao County, Shandong Province, Dongying, CHN, 257335
Shandong Huatai Paper Industry Shareholding Co Ltd is engaged in the manufacture and distribution of paper products and related chemical products. The groups main products are high-grade newspaper, high-grade coated paper, double adhesive tape, light adhesive tape, new textbook paper, super pressure More than 100 kinds of papers such as glossy paper, electrostatic copy paper and household paper, and more than 20 kinds of chemical products such as liquid chlorine, caustic soda and hydrogen peroxide. Geographically it operates through the region of China.

Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Headlines

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