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, CIMC Vehicles (Group) Co's share price is ¥9.57.
CIMC Vehicles (Group) Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ¥8.29. Hence, CIMC Vehicles (Group) Co's PS Ratio for today is 1.15.
Good Sign:
CIMC Vehicles (Group) Co Ltd stock PS Ratio (=0.74) is close to 2-year low of 0.74
The historical rank and industry rank for CIMC Vehicles (Group) Co's PS Ratio or its related term are showing as below:
SZSE:301039'
s PS Ratio Range Over the Past 10 Years
Min: 1.11 Med: 1.77 Max: 2.77
Current: 1.15
During the past 8 years, CIMC Vehicles (Group) Co's highest PS Ratio was 2.77. The lowest was 1.11. And the median was 1.77.
SZSE:301039's PS Ratio is ranked worse than 57.21% of 208
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.935
vs SZSE:301039: 1.15
During the past 8 years, CIMC Vehicles (Group) Co's highest 3-Year average Revenue per Share Growth Rate was 20.50% per year. The lowest was -6.70% per year. And the median was 2.60% per year.
* 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 CIMC Vehicles (Group) Co's PS Ratio
For the Farm & Heavy Construction Machinery subindustry, CIMC Vehicles (Group) 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.
CIMC Vehicles (Group) Co's PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, CIMC Vehicles (Group) Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where CIMC Vehicles (Group) Co's PS Ratio falls into.
CIMC Vehicles (Group) 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.
CIMC Vehicles (Group) Co's Share Price of today is ¥9.57. CIMC Vehicles (Group) Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥8.29.
* 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:
CIMC Vehicles (Group) Co (SZSE:301039) 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.
CIMC Vehicles (Group) Co PS Ratio Related Terms
Thank you for viewing the detailed overview of CIMC Vehicles (Group) Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
CIMC Vehicles (Group) Co (SZSE:301039) Business Description
CIMC Vehicles (Group) Co Ltd is engaged in the manufacturing and sale of semi-trailers and truck bodies for specialty vehicles. The semi-trailers mainly include the following product lines, Container chassis trailers, Flatbed trailers & relevant derivative types, Curtain-side trailers, Van trailers, Refrigerated trailers, Tank trailers, and other special types of trailers. The truck body products include dump beds for dump trucks, mixers for mixer trucks, and a wide range of other truck bodies for specialty vehicles. Geographically, it operates in China, North America, Europe, and Other regions, out of which the majority is from China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:301039 has been successfully added to your 