GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tian An China Investments Co Ltd (HKSE:00028) » Definitions » PS Ratio

Tian An China Investments Co (HKSE:00028) PS Ratio : 2.05 (As of May. 28, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Tian An China Investments Co PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Tian An China Investments Co's share price is HK$3.88. Tian An China Investments Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.90. Hence, Tian An China Investments Co's PS Ratio for today is 2.05.

Warning Sign:

Tian An China Investments Co Ltd stock PS Ratio (=2.06) is close to 1-year high of 2.26

The historical rank and industry rank for Tian An China Investments Co's PS Ratio or its related term are showing as below:

HKSE:00028' s PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 3.44   Max: 9.59
Current: 2.06

During the past 13 years, Tian An China Investments Co's highest PS Ratio was 9.59. The lowest was 0.96. And the median was 3.44.

HKSE:00028's PS Ratio is ranked better than
54.81% of 1777 companies
in the Real Estate industry
Industry Median: 2.43 vs HKSE:00028: 2.06

Tian An China Investments Co's Revenue per Sharefor the six months ended in Dec. 2023 was HK$1.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.90.

Warning Sign:

Tian An China Investments Co Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Tian An China Investments Co was -45.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 15.20% per year.

During the past 13 years, Tian An China Investments Co's highest 3-Year average Revenue per Share Growth Rate was 61.50% per year. The lowest was -41.90% per year. And the median was 6.00% per year.

Back to Basics: PS Ratio


Tian An China Investments Co PS Ratio Historical Data

The historical data trend for Tian An China Investments Co's PS Ratio 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.

Tian An China Investments Co PS Ratio Chart

Tian An China Investments Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 2.95 2.50 1.14 1.85

Tian An China Investments Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PS Ratio 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 2.50 - 1.14 - 1.85

Competitive Comparison of Tian An China Investments Co's PS Ratio

For the Real Estate - Development subindustry, Tian An China Investments Co's PS Ratio, along with its competitors' market caps and PS Ratio 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.


Tian An China Investments Co's PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tian An China Investments Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Tian An China Investments Co's PS Ratio falls into.



Tian An China Investments Co PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Tian An China Investments Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3.88/1.897
=2.05

Tian An China Investments Co's Share Price of today is HK$3.88.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tian An China Investments Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Tian An China Investments Co  (HKSE:00028) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Tian An China Investments Co PS Ratio Related Terms

Thank you for viewing the detailed overview of Tian An China Investments Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tian An China Investments Co (HKSE:00028) Business Description

Traded in Other Exchanges
Address
138 Gloucester Road, 22nd Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Tian An China Investments Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the activities of Property development, Property investment, and Other operations segments. The activities of the group include the development of apartments, villas, office buildings, and commercial properties, property investment, and property management on the mainland in the PRC, and property investment and property management in Hong Kong. The firm's operations are reported from China from the property development segment.
Executives
Allied Group Limited 2201 Interest of corporation controlled by you
Lee Seng Hui 2201 Interest of corporation controlled by you
Lee Seng Huang 2201 Interest of corporation controlled by you
Lee Su Hwei 2201 Interest of corporation controlled by you
China Spirit Limited 2201 Interest of corporation controlled by you
Vigor Online Offshore Limited 2101 Beneficial owner
Chong Sok Un 2201 Interest of corporation controlled by you
Pia Ltd 2102 Investment manager
Argyle Street Management Holdings Limited
Argyle Street Management Limited
Chan Kin
Allied Properties (h.k.) Limited

Tian An China Investments Co (HKSE:00028) Headlines

No Headlines