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Shandong Sinocera Functional Material Co (SZSE:300285) Median PS Value : ¥48.59 (As of Jun. 02, 2024)


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What is Shandong Sinocera Functional Material 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. Shandong Sinocera Functional Material Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3.92. Shandong Sinocera Functional Material Co's 10-Year median PS Ratio is 12.3954. Therefore, the Median PS Value for today is ¥48.59.

As of today (2024-06-02), Shandong Sinocera Functional Material Co's share price is ¥18.82. Shandong Sinocera Functional Material Co's Median PS Value is ¥48.59. Therefore, Shandong Sinocera Functional Material Co's Price to Median PS Value for today is 0.39.

The historical rank and industry rank for Shandong Sinocera Functional Material Co's Median PS Value or its related term are showing as below:

SZSE:300285' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.35   Med: 0.63   Max: 0.99
Current: 0.39

During the past 13 years, the highest Price to Median PS Value of Shandong Sinocera Functional Material Co was 0.99. The lowest was 0.35. And the median was 0.63.

SZSE:300285's Price-to-Median-PS-Value is ranked better than
95.92% of 858 companies
in the Chemicals industry
Industry Median: 1.01 vs SZSE:300285: 0.39

Shandong Sinocera Functional Material Co Median PS Value Historical Data

The historical data trend for Shandong Sinocera Functional Material 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.

Shandong Sinocera Functional Material Co Median PS Value Chart

Shandong Sinocera Functional Material 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 - - 43.04 43.69 50.15

Shandong Sinocera Functional Material 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 42.54 45.20 46.75 50.15 48.59

Competitive Comparison of Shandong Sinocera Functional Material Co's Median PS Value

For the Specialty Chemicals subindustry, Shandong Sinocera Functional Material 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.


Shandong Sinocera Functional Material Co's Price-to-Median-PS-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Sinocera Functional Material Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Shandong Sinocera Functional Material Co's Price-to-Median-PS-Value falls into.



Shandong Sinocera Functional Material Co Median PS Value Calculation

Shandong Sinocera Functional Material Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=3.92*12.3954
=48.59

10-Year Median PS Ratio is 12.3954.
Shandong Sinocera Functional Material 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 ¥3.92.

* 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.


Shandong Sinocera Functional Material Co  (SZSE:300285) 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.

Shandong Sinocera Functional Material Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=18.82/48.59
=0.39

* 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.


Shandong Sinocera Functional Material Co Median PS Value Related Terms

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Shandong Sinocera Functional Material Co (SZSE:300285) Business Description

Traded in Other Exchanges
N/A
Address
No. 24 Liaohe Road, Dongying District, Shandong Province, Dongying, CHN, 257091
Shandong Sinocera Functional Material Co Ltd is mainly engaged in the research and development, production and sales of novel materials. The main products include multilayer ceramic capacitors, electronic ceramic materials, nano-scale composite zirconia materials, high-purity ultra-fine alumina materials, ceramic ink materials for inkjet printing, electronic pastes, honeycomb ceramics, and ceramic balls. Its products are mainly applied in an electronic information and communication, biomedical, new energy vehicles, architectural ceramics and modern high-tech fields such as porcelain, automotive and industrial catalysis, solar photovoltaic, and aerospace.
Executives
Zhang Xi Director
Zhang Bing Directors, executives
Wang Zhong Supervisors
Wang Xiao Hong Supervisors
Xu Shao Mei Directors, executives
Zhao Hong Yan Securities Affairs Representative
Liu Mei Na Director
Song Xi Bin Executives
Si Liu Qi Executives

Shandong Sinocera Functional Material Co (SZSE:300285) Headlines

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