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CBAK Energy Technology (LTS:0A98) Median PS Value : $2.30 (As of May. 15, 2024)


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What is CBAK Energy Technology 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. CBAK Energy Technology's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.463. CBAK Energy Technology's 10-Year median PS Ratio is 0.9338. Therefore, the Median PS Value for today is $2.30.

As of today (2024-05-15), CBAK Energy Technology's share price is $1.184. CBAK Energy Technology's Median PS Value is $2.30. Therefore, CBAK Energy Technology's Price to Median PS Value for today is 0.51.

The historical rank and industry rank for CBAK Energy Technology's Median PS Value or its related term are showing as below:

LTS:0A98' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.35   Med: 2.04   Max: 14.88
Current: 0.51

During the past 13 years, the highest Price to Median PS Value of CBAK Energy Technology was 14.88. The lowest was 0.35. And the median was 2.04.

LTS:0A98's Price-to-Median-PS-Value is ranked better than
89.4% of 1557 companies
in the Industrial Products industry
Industry Median: 1.04 vs LTS:0A98: 0.51

CBAK Energy Technology Median PS Value Historical Data

The historical data trend for CBAK Energy Technology'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.

CBAK Energy Technology Median PS Value Chart

CBAK Energy Technology Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.55 2.79 2.27

CBAK Energy Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.41 2.22 2.24 2.27 -

Competitive Comparison of CBAK Energy Technology's Median PS Value

For the Electrical Equipment & Parts subindustry, CBAK Energy Technology'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.


CBAK Energy Technology's Price-to-Median-PS-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CBAK Energy Technology's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where CBAK Energy Technology's Price-to-Median-PS-Value falls into.



CBAK Energy Technology Median PS Value Calculation

CBAK Energy Technology's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=2.463*0.9338
=2.30

10-Year Median PS Ratio is 0.9338.
CBAK Energy Technology'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 $2.463.

* 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.


CBAK Energy Technology  (LTS:0A98) 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.

CBAK Energy Technology's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=1.184/2.30
=0.51

* 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.


CBAK Energy Technology Median PS Value Related Terms

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CBAK Energy Technology (LTS:0A98) Business Description

Traded in Other Exchanges
Address
CBAK Industrial Park, Meigui Street, Huayuankou Economic Zone, Liaoning Province, Dalian, CHN, 116450
CBAK Energy Technology Inc is engaged in the manufacture, commercialization, and distribution of a variety of standard and customized lithium-ion high-power rechargeable batteries which are mainly used in electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply, and other high power applications. The company manufactures five types of Li-ion rechargeable batteries namely aluminum-case cells, battery packs, cylindrical cells, lithium polymer cells, and high-power lithium battery cells. Geographically, it generates a majority of its revenue from Mainland China and also has an operation in Europe, the United States, Korea, and Other Countries.

CBAK Energy Technology (LTS:0A98) Headlines

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