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China Automotive Systems (China Automotive Systems) Median PS Value : $5.42 (As of Apr. 27, 2024)


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What is China Automotive Systems 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. China Automotive Systems's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $19.092. China Automotive Systems's 10-Year median PS Ratio is 0.2839. Therefore, the Median PS Value for today is $5.42.

As of today (2024-04-27), China Automotive Systems's share price is $3.53. China Automotive Systems's Median PS Value is $5.42. Therefore, China Automotive Systems's Price to Median PS Value for today is 0.66.

The historical rank and industry rank for China Automotive Systems's Median PS Value or its related term are showing as below:

CAAS' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.35   Med: 0.59   Max: 1.31
Current: 0.66

During the past 13 years, the highest Price to Median PS Value of China Automotive Systems was 1.31. The lowest was 0.35. And the median was 0.59.

CAAS's Price-to-Median-PS-Value is ranked better than
73.84% of 757 companies
in the Vehicles & Parts industry
Industry Median: 0.91 vs CAAS: 0.66

China Automotive Systems Median PS Value Historical Data

The historical data trend for China Automotive Systems'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.

China Automotive Systems Median PS Value Chart

China Automotive Systems 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 5.46 4.77 5.36 5.35 5.42

China Automotive Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.35 5.34 5.36 5.27 5.42

Competitive Comparison of China Automotive Systems's Median PS Value

For the Auto Parts subindustry, China Automotive Systems'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.


China Automotive Systems's Price-to-Median-PS-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Systems's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where China Automotive Systems's Price-to-Median-PS-Value falls into.



China Automotive Systems Median PS Value Calculation

China Automotive Systems's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=19.092*0.2839
=5.42

10-Year Median PS Ratio is 0.2839.
China Automotive Systems'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 $19.092.

* 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.


China Automotive Systems  (NAS:CAAS) 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.

China Automotive Systems's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=3.53/5.42
=0.65

* 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.


China Automotive Systems Median PS Value Related Terms

Thank you for viewing the detailed overview of China Automotive Systems's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


China Automotive Systems (China Automotive Systems) Business Description

Traded in Other Exchanges
Address
No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000
China Automotive Systems Inc is a holding company. The firm through its subsidiary is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series, more than 310 models of power steering including rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of revenue from China.
Executives
Jie Li officer: Chief Financial Officer HENGLONG BLDG., # 1 GUANSHAN 1ST ROAD, EAST LAKE HI-TECH ZONE, WUHAN F4 430073
Tong Kooi Teo director 08-05 GOODWOOD RESIDENCE, 261 BUKIT TIMAH ROAD, SINGAPORE U0 259703
Stanley Morgan other: See Remarks Below 1585 BROADWAY, NEW YORK NY 10036
Wong Arthur Lap Tat director C/O 27 UNION SQUARE WEST, SUITE 502, NEW YORK NY 10003
Wu Qizhou director, officer: COO
Tse Yiu Wong director 4TH FL BLDG E NO 501, JEN GANG RD, SHANGHAI CHINA F4 9999999
Shengbin Yu officer: Senior Vice President HENGLONG BUILDING #1 GUANSHAN FIRST RD, EAST LAKE HI-TECH ZONE, WUHAN, HUBEI PROVINCE F4 430073
Liping Xie other: Wife of Chairman
Haimian Cai director 3170 OTTER CREEK COURT, ANN ARBOR MI 48105
Hanlin Chen director, 10 percent owner, officer: President and CEO
Shaobo Wang officer: Senior Vice President HENGLONG BUILDING #1 GUANSHAN FIRST RD, EAST LAKE HI-TECH ZONE, WUHAN, HUBEI PROVINCE F4 430073
Yijun Xia officer: Vice President NO. 1 HENGLONG ROAD, YUQIAO DEV. ZONE, SHASHI DISTRICT, JINGZHOU CITY, HUBEI PROVINCE F4 434000
Guangxun Xu director 17 WINDERMERE AVENUE, FINCHLEY, LONDON X0 N3 3QX
Robert Tung director 1733 LEHAVRE DR, POTOMAC MD 20854
Daming Hu officer: Chief Accountant