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, China Qinfa Group's share price is HK$0.64.
China Qinfa Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.44. Hence, China Qinfa Group's PS Ratio for today is 0.44.
The historical rank and industry rank for China Qinfa Group's PS Ratio or its related term are showing as below:
HKSE:00866'
s PS Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.14 Max: 0.78
Current: 0.46
During the past 13 years, China Qinfa Group's highest PS Ratio was 0.78. The lowest was 0.04. And the median was 0.14.
HKSE:00866's PS Ratio is ranked better than 77.6% of 125
companies
in the Other Energy Sources industry
Industry Median: 1.16
vs HKSE:00866: 0.46
China Qinfa Group Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of China Qinfa Group was -10.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 10.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 2.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -5.10% per year.
During the past 13 years, China Qinfa Group's highest 3-Year average Revenue per Share Growth Rate was 57.10% per year. The lowest was -63.60% per year. And the median was 10.40% per year.
Back to Basics: PS Ratio
China Qinfa Group PS Ratio Historical Data
The historical data trend for China Qinfa Group's PS Ratio 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.
Competitive Comparison of China Qinfa Group's PS Ratio
For the Thermal Coal subindustry, China Qinfa Group'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.
China Qinfa Group's PS Ratio Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, China Qinfa Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Qinfa Group's PS Ratio falls into.
China Qinfa Group 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.
China Qinfa Group's Share Price of today is HK$0.64.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Qinfa Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.44.
* 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:
China Qinfa Group (HKSE:00866) 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.
China Qinfa Group PS Ratio Related Terms
Thank you for viewing the detailed overview of China Qinfa Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China Qinfa Group (HKSE:00866) Business Description
China Qinfa Group Ltd is a Hong-Kong based firm engaged in coal operation business involving coal mining, purchases and sales, filtering, storage, the blending of coal in the PRC, and shipping transportation. The company operates its business through two segments namely Coal and Shipping transportation segments. Coal business segment covers coal mining, purchases and sales, filtering, storage and blending of coal in the PRC, and Shipping transportation segment provides services of time charter and voyage charter of vessels. It has a business presence in the PRC and other countries, of which the majority of the revenue is generated within the PRC.
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