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, Joy City Property's share price is HK$0.235.
Joy City Property's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.95. Hence, Joy City Property's PS Ratio for today is 0.25.
Warning Sign:
Joy City Property Ltd stock PS Ratio (=0.25) is close to 1-year high of 0.27
The historical rank and industry rank for Joy City Property's PS Ratio or its related term are showing as below:
HKSE:00207'
s PS Ratio Range Over the Past 10 Years
Min: 0.13 Med: 1.21 Max: 3.49
Current: 0.26
During the past 13 years, Joy City Property's highest PS Ratio was 3.49. The lowest was 0.13. And the median was 1.21.
HKSE:00207's PS Ratio is ranked better than 90.35% of 1772
companies
in the Real Estate industry
Industry Median: 2.44
vs HKSE:00207: 0.26
Joy City Property Ltd revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Joy City Property was -37.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -4.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 13.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 4.20% per year.
During the past 13 years, Joy City Property's highest 3-Year average Revenue per Share Growth Rate was 681.00% per year. The lowest was -58.50% per year. And the median was -24.70% per year.
Back to Basics: PS Ratio
Joy City Property PS Ratio Historical Data
The historical data trend for Joy City Property'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.
Competitive Comparison of Joy City Property's PS Ratio
For the Real Estate - Diversified subindustry, Joy City Property'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.
Joy City Property's PS Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Joy City Property's PS Ratio distribution charts can be found below:
* The bar in red indicates where Joy City Property's PS Ratio falls into.
Joy City Property 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.
Joy City Property's Share Price of today is HK$0.235.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Joy City Property's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.95.
* 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:
Joy City Property (HKSE:00207) 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.
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.
Joy City Property PS Ratio Related Terms
Thank you for viewing the detailed overview of Joy City Property's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Joy City Property (HKSE:00207) Business Description
Joy City Property Ltd is a large-scale commercial property developer and operator, working on the development, operation, sales, leasing and management of mixed-use complexes and other commercial properties such as shopping centers, hotels, offices, serviced apartments and resort and tourist properties in China. Rental income accounts for majority of the operating profit. The company's portfolio consists of various retail malls under the flagship brand of Joy City, and some office and hotel assets. Recently, it introduced a second brand called Joy Breeze, consisting of smaller retail assets. The businesses of the Group are divided into four areas, namely investment properties, property development, hotel operations and output management and other services.
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