What is Han's Laser Technology Industry Group 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.
SZSE:002008'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.37 Med: 0.95 Max: 1.35
Current: 0.4
During the past 13 years, the highest Price to Median PS Value of Han's Laser Technology Industry Group Co was 1.35. The lowest was 0.37. And the median was 0.95.
SZSE:002008's Price-to-Median-PS-Value is ranked better than 94.31% of 1563
companies
in the Industrial Products industry
Industry Median: 1.05
vs SZSE:002008: 0.40
Han's Laser Technology Industry Group Co Median PS Value 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.
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Han's Laser Technology Industry Group Co Median PS Value Chart
Han's Laser Technology Industry Group Co Annual Data
Competitive Comparison of Han's Laser Technology Industry Group Co's Median PS Value
For the Specialty Industrial Machinery subindustry, Han's Laser Technology Industry Group 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.
Han's Laser Technology Industry Group Co's Price-to-Median-PS-Value Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Han's Laser Technology Industry Group Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Han's Laser Technology Industry Group Co's Price-to-Median-PS-Value falls into.
Han's Laser Technology Industry Group Co Median PS Value Calculation
10-Year Median PS Ratio is 3.7019.
Han's Laser Technology Industry Group 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 ¥13.547.
* 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.
Han's Laser Technology Industry Group Co (SZSE:002008) 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.
Han's Laser Technology Industry Group Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
20.20
/
50.15
=
0.40
* 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.
Han's Laser Technology Industry Group Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Han's Laser Technology Industry Group Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Han's Laser Technology Industry Group Co (SZSE:002008) Business Description
Founded in 2001, Han's Laser is engaged in manufacturing laser and printed circuit board processing equipment including engravers, welding machines and cutters. It is China's largest laser equipment supplier and the world's third-largest. The company's equipment is applied in the production of consumer electronics, integrated circuits, telecom equipment, auto parts, aerospace, railways and medical devices. The company is headquartered in Shenzhen, China. The group employs nearly 20,000 people and has over 100 offices in China and about 20 countries abroad.
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