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Zoje Resources Investment Co (SZSE:002021) Median PS Value : ¥1.64 (As of May. 28, 2024)


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What is Zoje Resources Investment 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. Zoje Resources Investment Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.653. Zoje Resources Investment Co's 10-Year median PS Ratio is 2.5115. Therefore, the Median PS Value for today is ¥1.64.

As of today (2024-05-28), Zoje Resources Investment Co's share price is ¥2.44. Zoje Resources Investment Co's Median PS Value is ¥1.64. Therefore, Zoje Resources Investment Co's Price to Median PS Value for today is 1.49.

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

SZSE:002021' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.36   Med: 0.96   Max: 4.15
Current: 1.49

During the past 13 years, the highest Price to Median PS Value of Zoje Resources Investment Co was 4.15. The lowest was 0.36. And the median was 0.96.

SZSE:002021's Price-to-Median-PS-Value is ranked worse than
71.38% of 1562 companies
in the Industrial Products industry
Industry Median: 1.05 vs SZSE:002021: 1.49

Zoje Resources Investment Co Median PS Value Historical Data

The historical data trend for Zoje Resources Investment 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.

Zoje Resources Investment Co Median PS Value Chart

Zoje Resources Investment 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 1.51 1.10 2.04 1.86 1.51

Zoje Resources Investment 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 1.61 1.49 1.59 1.51 1.64

Competitive Comparison of Zoje Resources Investment Co's Median PS Value

For the Specialty Industrial Machinery subindustry, Zoje Resources Investment 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.


Zoje Resources Investment Co's Price-to-Median-PS-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zoje Resources Investment Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Zoje Resources Investment Co's Price-to-Median-PS-Value falls into.



Zoje Resources Investment Co Median PS Value Calculation

Zoje Resources Investment Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.653*2.5115
=1.64

10-Year Median PS Ratio is 2.5115.
Zoje Resources Investment 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 ¥0.653.

* 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.


Zoje Resources Investment Co  (SZSE:002021) 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.

Zoje Resources Investment Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=2.44/1.64
=1.49

* 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.


Zoje Resources Investment Co Median PS Value Related Terms

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Zoje Resources Investment Co (SZSE:002021) Business Description

Traded in Other Exchanges
N/A
Address
No. 198, Xinggang East Road, Damaiyu Street, Zhejiang Province, Yuhuan, CHN, 317604
Zoje Resources Investment Co Ltd is a China-based machine industry company. It is engaged in the manufacturing and distribution of sewing machines, accessories, sewing machine castings and components of engineering machines. The company sells its products in the china and overseas markets.
Executives
Lai Xiao Hong Executives
Ye Li Fen Executives
Ma Jian Cheng Director
Wang Duan Directors, executives
Zheng Xue Guo Directors, executives
Ding Guang Ping Director
Tang Wei Bin Executives
Liu Chang Gui Directors, executives
Li Rui Yuan Directors, executives
Jin Qi Zhu Supervisors
Wang Ming Jian Director
Xu Ren Shun Directors, executives
Dan Sheng Yuan Director
Zhang Zhi You Directors, executives

Zoje Resources Investment Co (SZSE:002021) Headlines

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