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 Rendong Holdings Co's Median PS Value or its related term are showing as below:
SZSE:002647'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.51 Med: 0.85 Max: 1.43
Current: 0.53
During the past 13 years, the highest Price to Median PS Value of Rendong Holdings Co was 1.43. The lowest was 0.51. And the median was 0.85.
SZSE:002647's Price-to-Median-PS-Value is ranked better than 85.71% of 42
companies
in the Diversified Financial Services industry
Industry Median: 1.035
vs SZSE:002647: 0.53
Rendong Holdings Co Median PS Value Historical Data
The historical data trend for Rendong Holdings 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 Rendong Holdings Co's Median PS Value
For the Financial Conglomerates subindustry, Rendong Holdings 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.
Rendong Holdings Co's Price-to-Median-PS-Value Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Rendong Holdings Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Rendong Holdings Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 2.5738.
Rendong Holdings 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 ¥3.015.
* 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.
Rendong Holdings Co (SZSE:002647) 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.
Rendong Holdings Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
4.10
/
7.76
=
0.53
* 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.
Rendong Holdings Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Rendong Holdings Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Rendong Holdings Co (SZSE:002647) Business Description
Rendong Holdings Co Ltd operates in the financial services industry. It is organized into three main businesses: third-party payment, commercial factoring, and supply chain management. Its third-party payment related business develops, operates and maintains payment systems and clearing platform system; clearing of trading funds, generation and management of the master key of UnionPay card acceptance terminal. The commercial factoring business is mainly engaged in the insurance agency business. The company's supply chain management business focuses on supply chain management and supply chain financial services.
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