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.
The historical rank and industry rank for BGRIMM Technology Co's Median PS Value or its related term are showing as below:
SHSE:600980'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.45 Med: 0.71 Max: 1.68
Current: 0.63
During the past 13 years, the highest Price to Median PS Value of BGRIMM Technology Co was 1.68. The lowest was 0.45. And the median was 0.71.
SHSE:600980's Price-to-Median-PS-Value is ranked better than 79.95% of 379
companies
in the Metals & Mining industry
Industry Median: 1.03
vs SHSE:600980: 0.63
BGRIMM Technology Co Median PS Value Historical Data
The historical data trend for BGRIMM Technology 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.
Competitive Comparison of BGRIMM Technology Co's Median PS Value
For the Other Industrial Metals & Mining subindustry, BGRIMM Technology 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.
BGRIMM Technology Co's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, BGRIMM Technology Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where BGRIMM Technology Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 4.4627.
BGRIMM Technology 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 ¥4.858.
* 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.
BGRIMM Technology Co (SHSE:600980) 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.
BGRIMM Technology Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
13.68
/
21.68
=
0.63
* 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.
BGRIMM Technology Co Median PS Value Related Terms
Thank you for viewing the detailed overview of BGRIMM Technology Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
BGRIMM Technology Co (SHSE:600980) Business Description
BGRIMM Technology Co Ltd, formerly BGRIMM Magnetic Materials & Technology Co Ltd is a China-based company. Its business activities are divided into mining equipment and magnetic materials division. Mining equipment division is engaged in research and development, production, and supporting technical consulting services for mining equipment. Its business scope includes flotation equipment, magnetic separation equipment, ore dressing auxiliary equipment, leaching tanks and other mining and smelting products. Magnetic materials division is engaged in the research and development, production, sales and comprehensive services of magnetic materials and devices. Magnetic material products include sintering permanent magnet ferrite, injection magnetic, and magnetic information recording material.
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