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, Tong Ren Tang Technologies Co's share price is HK$5.46.
Tong Ren Tang Technologies Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5.78. Hence, Tong Ren Tang Technologies Co's PS Ratio for today is 0.94.
The historical rank and industry rank for Tong Ren Tang Technologies Co's PS Ratio or its related term are showing as below:
HKSE:01666'
s PS Ratio Range Over the Past 10 Years
Min: 0.79 Med: 2.41 Max: 5.4
Current: 0.94
During the past 13 years, Tong Ren Tang Technologies Co's highest PS Ratio was 5.40. The lowest was 0.79. And the median was 2.41.
HKSE:01666's PS Ratio is ranked better than 73.77% of 999
companies
in the Drug Manufacturers industry
Industry Median: 2.17
vs HKSE:01666: 0.94
During the past 13 years, Tong Ren Tang Technologies Co's highest 3-Year average Revenue per Share Growth Rate was 25.50% per year. The lowest was -2.80% per year. And the median was 11.20% per year.
Back to Basics: PS Ratio
Tong Ren Tang Technologies Co PS Ratio Historical Data
* 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 Tong Ren Tang Technologies Co's PS Ratio
For the Drug Manufacturers - General subindustry, Tong Ren Tang Technologies 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.
Tong Ren Tang Technologies Co's PS Ratio Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Tong Ren Tang Technologies Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Tong Ren Tang Technologies Co's PS Ratio falls into.
Tong Ren Tang Technologies 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.
Tong Ren Tang Technologies Co's Share Price of today is HK$5.46.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tong Ren Tang Technologies Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5.78.
* 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:
Tong Ren Tang Technologies Co (HKSE:01666) 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.
Tong Ren Tang Technologies Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Tong Ren Tang Technologies Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Tong Ren Tang Technologies Co (HKSE:01666) Business Description
Tong Ren Tang Technologies Co Ltd is engaged in the production and distribution of Chinese medicine and primarily operates in Mainland China and Hong Kong. The operating segments derive their revenue primarily from the manufacture and sale of Chinese medicine of the company in Mainland China and Tong Ren Tang Chinese Medicine and its subsidiaries engaged in manufacturing, retail, and wholesale of Chinese medicine products and healthcare products, and provision of Chinese medical consultation and treatments outside Mainland China and wholesale of healthcare products in Mainland China.
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