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Beijing Join-Cheer Software Co (SZSE:002279) Median PS Value : ¥8.75 (As of May. 25, 2024)


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What is Beijing Join-Cheer Software 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. Beijing Join-Cheer Software Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4.291. Beijing Join-Cheer Software Co's 10-Year median PS Ratio is 2.0392. Therefore, the Median PS Value for today is ¥8.75.

As of today (2024-05-25), Beijing Join-Cheer Software Co's share price is ¥4.84. Beijing Join-Cheer Software Co's Median PS Value is ¥8.75. Therefore, Beijing Join-Cheer Software Co's Price to Median PS Value for today is 0.55.

The historical rank and industry rank for Beijing Join-Cheer Software Co's Median PS Value or its related term are showing as below:

SZSE:002279' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.15   Med: 0.21   Max: 0.79
Current: 0.55

During the past 13 years, the highest Price to Median PS Value of Beijing Join-Cheer Software Co was 0.79. The lowest was 0.15. And the median was 0.21.

SZSE:002279's Price-to-Median-PS-Value is ranked better than
79.57% of 1028 companies
in the Software industry
Industry Median: 0.965 vs SZSE:002279: 0.55

Beijing Join-Cheer Software Co Median PS Value Historical Data

The historical data trend for Beijing Join-Cheer Software 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.

Beijing Join-Cheer Software Co Median PS Value Chart

Beijing Join-Cheer Software 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 38.88 30.37 22.74 17.95 8.60

Beijing Join-Cheer Software 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 14.16 10.09 8.54 8.60 8.75

Competitive Comparison of Beijing Join-Cheer Software Co's Median PS Value

For the Software - Application subindustry, Beijing Join-Cheer Software 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.


Beijing Join-Cheer Software Co's Price-to-Median-PS-Value Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Join-Cheer Software Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Beijing Join-Cheer Software Co's Price-to-Median-PS-Value falls into.



Beijing Join-Cheer Software Co Median PS Value Calculation

Beijing Join-Cheer Software Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=4.291*2.0392
=8.75

10-Year Median PS Ratio is 2.0392.
Beijing Join-Cheer Software 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 ¥4.291.

* 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.


Beijing Join-Cheer Software Co  (SZSE:002279) 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.

Beijing Join-Cheer Software Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=4.84/8.75
=0.55

* 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.


Beijing Join-Cheer Software Co Median PS Value Related Terms

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Beijing Join-Cheer Software Co (SZSE:002279) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Da Hui Si Road, Building 3, 3F, Haidian District, Beijing, Beijing, CHN, 100081
Beijing Join-Cheer Software Co Ltd is a management software provider that focuses on providing big data integrated services. The solutions provided by the company include government management and services, long time big data, long time report, and longtime DNA.
Executives
Li Jun Director
Zhao Fu Jun Director
Shi Rui Feng Directors, executives
Wang Hai Xia Directors, executives
Wang Xin Director
Qiu An Chao Directors, executives
Ou Yang Yao Directors, executives
Ceng Chao Supervisors
Liu Wen Sheng Executives
Wang Jin Yan Supervisors
Zhu Xiao Jun Executives
Li Kun Qi Director

Beijing Join-Cheer Software Co (SZSE:002279) Headlines

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