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Shandong Hiking International Co (SHSE:600735) Median PS Value : ¥9.38 (As of May. 05, 2024)


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What is Shandong Hiking International Co 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. Shandong Hiking International Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥5.324. Shandong Hiking International Co's 10-Year median PS Ratio is 1.7618. Therefore, the Median PS Value for today is ¥9.38.

As of today (2024-05-05), Shandong Hiking International Co's share price is ¥4.81. Shandong Hiking International Co's Median PS Value is ¥9.38. Therefore, Shandong Hiking International Co's Price to Median PS Value for today is 0.51.

The historical rank and industry rank for Shandong Hiking International Co's Median PS Value or its related term are showing as below:

SHSE:600735' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.51   Med: 1.01   Max: 4.83
Current: 0.51

During the past 13 years, the highest Price to Median PS Value of Shandong Hiking International Co was 4.83. The lowest was 0.51. And the median was 1.01.

SHSE:600735's Price-to-Median-PS-Value is ranked better than
90% of 110 companies
in the Industrial Distribution industry
Industry Median: 1.03 vs SHSE:600735: 0.51

Shandong Hiking International Co Median PS Value Historical Data

The historical data trend for Shandong Hiking International Co'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.

Shandong Hiking International Co Median PS Value Chart

Shandong Hiking International Co 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 6.54 5.70 7.33 7.92 9.76

Shandong Hiking International Co 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 8.12 8.45 9.00 9.76 9.38

Competitive Comparison of Shandong Hiking International Co's Median PS Value

For the Industrial Distribution subindustry, Shandong Hiking International Co'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.


Shandong Hiking International Co's Price-to-Median-PS-Value Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Shandong Hiking International Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Shandong Hiking International Co's Price-to-Median-PS-Value falls into.



Shandong Hiking International Co Median PS Value Calculation

Shandong Hiking International Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=5.324*1.7618
=9.38

10-Year Median PS Ratio is 1.7618.
Shandong Hiking International Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥5.324.

* 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.


Shandong Hiking International Co  (SHSE:600735) 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.

Shandong Hiking International Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=4.81/9.38
=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.


Shandong Hiking International Co Median PS Value Related Terms

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Shandong Hiking International Co (SHSE:600735) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Qinling Road, Laoshan District, Shandong province, Qingdao, CHN, 266101
Shandong Hiking International Co Ltd is engaged in the international trade of textile products, aquatic products, and non-ferrous metal products.

Shandong Hiking International Co (SHSE:600735) Headlines

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