GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Gree Electric Appliances Inc of Zhuhai (SZSE:000651) » Definitions » Median PS Value

Gree Electric Appliances of Zhuhai (SZSE:000651) Median PS Value : ¥46.08 (As of May. 06, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Gree Electric Appliances of Zhuhai 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. Gree Electric Appliances of Zhuhai's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥37.208. Gree Electric Appliances of Zhuhai's 10-Year median PS Ratio is 1.2384. Therefore, the Median PS Value for today is ¥46.08.

As of today (2024-05-06), Gree Electric Appliances of Zhuhai's share price is ¥43.41. Gree Electric Appliances of Zhuhai's Median PS Value is ¥46.08. Therefore, Gree Electric Appliances of Zhuhai's Price to Median PS Value for today is 0.94.

The historical rank and industry rank for Gree Electric Appliances of Zhuhai's Median PS Value or its related term are showing as below:

SZSE:000651' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.7   Med: 1.42   Max: 2.19
Current: 0.94

During the past 13 years, the highest Price to Median PS Value of Gree Electric Appliances of Zhuhai was 2.19. The lowest was 0.70. And the median was 1.42.

SZSE:000651's Price-to-Median-PS-Value is ranked better than
52.12% of 236 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.95 vs SZSE:000651: 0.94

Gree Electric Appliances of Zhuhai Median PS Value Historical Data

The historical data trend for Gree Electric Appliances of Zhuhai'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.

Gree Electric Appliances of Zhuhai Median PS Value Chart

Gree Electric Appliances of Zhuhai 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 32.95 32.84 41.21 42.72 45.69

Gree Electric Appliances of Zhuhai 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 43.06 44.68 44.25 45.69 46.08

Competitive Comparison of Gree Electric Appliances of Zhuhai's Median PS Value

For the Furnishings, Fixtures & Appliances subindustry, Gree Electric Appliances of Zhuhai'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.


Gree Electric Appliances of Zhuhai's Price-to-Median-PS-Value Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gree Electric Appliances of Zhuhai's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Gree Electric Appliances of Zhuhai's Price-to-Median-PS-Value falls into.



Gree Electric Appliances of Zhuhai Median PS Value Calculation

Gree Electric Appliances of Zhuhai's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=37.208*1.2384
=46.08

10-Year Median PS Ratio is 1.2384.
Gree Electric Appliances of Zhuhai'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 ¥37.208.

* 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.


Gree Electric Appliances of Zhuhai  (SZSE:000651) 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.

Gree Electric Appliances of Zhuhai's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=43.41/46.08
=0.94

* 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.


Gree Electric Appliances of Zhuhai Median PS Value Related Terms

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


Gree Electric Appliances of Zhuhai (SZSE:000651) Business Description

Traded in Other Exchanges
N/A
Address
Jinji West Road, Qianshan, Guangdong Province, Zhuhai, CHN, 519070
Gree Electric Appliances Inc of Zhuhai is an international air conditioning enterprise. The company is engaged in household electrical appliances business including production and sale of air conditioners and its accessories, and small home appliances. It exports and imports goods and technologies; manufacturing and distribution of pumps, valves, compressors, fan motors, packaging equipment and other general-purpose equipment, electric motors, equipment for power transmission and distribution and control equipment.

Gree Electric Appliances of Zhuhai (SZSE:000651) Headlines

No Headlines