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Lecron Industrial Development Group Co (SZSE:300343) Median PS Value : ¥2.80 (As of Jun. 02, 2024)


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What is Lecron Industrial Development Group 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. Lecron Industrial Development Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.845. Lecron Industrial Development Group Co's 10-Year median PS Ratio is 3.3136. Therefore, the Median PS Value for today is ¥2.80.

As of today (2024-06-02), Lecron Industrial Development Group Co's share price is ¥5.33. Lecron Industrial Development Group Co's Median PS Value is ¥2.80. Therefore, Lecron Industrial Development Group Co's Price to Median PS Value for today is 1.90.

The historical rank and industry rank for Lecron Industrial Development Group Co's Median PS Value or its related term are showing as below:

SZSE:300343' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.71   Med: 2.27   Max: 2.54
Current: 1.9

During the past 13 years, the highest Price to Median PS Value of Lecron Industrial Development Group Co was 2.54. The lowest was 1.71. And the median was 2.27.

SZSE:300343's Price-to-Median-PS-Value is ranked worse than
86.36% of 858 companies
in the Chemicals industry
Industry Median: 1.01 vs SZSE:300343: 1.90

Lecron Industrial Development Group Co Median PS Value Historical Data

The historical data trend for Lecron Industrial Development Group 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.

Lecron Industrial Development Group Co Median PS Value Chart

Lecron Industrial Development Group 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 - - - 5.69 2.91

Lecron Industrial Development Group 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 4.63 3.65 2.79 2.91 2.80

Competitive Comparison of Lecron Industrial Development Group Co's Median PS Value

For the Chemicals subindustry, Lecron Industrial Development Group 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.


Lecron Industrial Development Group Co's Price-to-Median-PS-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lecron Industrial Development Group Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Lecron Industrial Development Group Co's Price-to-Median-PS-Value falls into.



Lecron Industrial Development Group Co Median PS Value Calculation

Lecron Industrial Development Group Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.845*3.3136
=2.80

10-Year Median PS Ratio is 3.3136.
Lecron Industrial Development Group 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 ¥0.845.

* 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.


Lecron Industrial Development Group Co  (SZSE:300343) 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.

Lecron Industrial Development Group Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=5.33/2.80
=1.90

* 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.


Lecron Industrial Development Group Co Median PS Value Related Terms

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Lecron Industrial Development Group Co (SZSE:300343) Business Description

Traded in Other Exchanges
N/A
Address
No. 219, East Changguo Road, East Chemical Industrial Zone, Zhangdian District, Shandong Province, Zibo, CHN, 255080
Lecron Industrial Development Group Co Ltd formerly known as Lecron Internet Media Industry Co Ltd is engaged in the research and development, production and promotion of green chemicals. The company's product range covers monomer polyether polyol, system polyol for polyurethane foam, polyurethane prepolymer for elastomer, polyurea waterproof and anti-corrosion materials, medical intermediate, polyurethane fireproof insulation panel and others.
Executives
Wang Xian Dong Executives
Li Hui Min Securities Affairs Representative
Shao Xiu Ying Director
Qi Hai Ying Directors, executives
Li Hong Guo Director
Hu An Zhi Secretary, Director
Wang Wei Directors, executives
Wang Jing Directors, executives

Lecron Industrial Development Group Co (SZSE:300343) Headlines

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