Zhejiang Longsheng Group Co (SHSE:600352) Median PS Value : ¥10.86 (As of May. 14, 2024)

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What is Zhejiang Longsheng Group 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 Longsheng Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4.813. Zhejiang Longsheng Group Co's 10-Year median PS Ratio is 2.2564. Therefore, the Median PS Value for today is ¥10.86.

As of today (2024-05-14), Zhejiang Longsheng Group Co's share price is ¥9.24. Zhejiang Longsheng Group Co's Median PS Value is ¥10.86. Therefore, Zhejiang Longsheng Group Co's Price to Median PS Value for today is 0.85.

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

SHSE:600352' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.66 Med: 1.04 Max: 1.76
Current: 0.85

During the past 13 years, the highest Price to Median PS Value of Zhejiang Longsheng Group Co was 1.76. The lowest was 0.66. And the median was 1.04.

SHSE:600352's Price-to-Median-PS-Value is ranked better than
65.89% of 853 companies
in the Chemicals industry
Industry Median: 1.01 vs SHSE:600352: 0.85

Zhejiang Longsheng Group Co Median PS Value Historical Data

The historical data trend for Zhejiang Longsheng Group 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.

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Zhejiang Longsheng Group Co Median PS Value Chart

Zhejiang Longsheng Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Median PS Value

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14.77

10.09

11.58

15.07

11.05

Zhejiang Longsheng Group 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															14.62	13.92	13.42	11.05	10.86

Competitive Comparison of Zhejiang Longsheng Group Co's Median PS Value

For the Chemicals subindustry, Zhejiang Longsheng Group 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 Longsheng Group Co's Price-to-Median-PS-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Longsheng Group Co's Price-to-Median-PS-Value distribution charts can be found below:

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

Zhejiang Longsheng Group Co Median PS Value Calculation

Zhejiang Longsheng Group Co's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	4.813	*	2.2564
	=	10.86

10-Year Median PS Ratio is 2.2564.
Zhejiang Longsheng Group 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 ¥4.813.

Zhejiang Longsheng Group Co (SHSE:600352) 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 Longsheng Group Co's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	9.24	/	10.86
	=	0.85

Zhejiang Longsheng Group Co Median PS Value Related Terms

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Zhejiang Longsheng Group Co (SHSE:600352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Longsheng Group Co Ltd (SHSE:600352) » Definitions » Median PS Value

Traded in Other Exchanges

N/A

Address

Daoxu Town, Shangyu District, Zhejiang Province, Shangyu, CHN, 312368

Website

http://www.longsheng.com

Zhejiang Longsheng Group Co Ltd is a China-based company principally engaged in the production and sale of dyes and automobile spare parts. It is also involved in the real estate business. The company operates in the business segments of Chemicals, Real Estate, Autoparts, Financial Investment and Others. In the Chemical segment, the product range covers textile chemicals, construction chemicals, fine chemical intermediates, inorganic chemicals and others. In Autoparts segment, the Company focuses on development, production, and sales of auto parts, sales of steel and logistics.

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