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China Modern Dairy Holdings (HKSE:01117) PS Ratio : 0.42 (As of May. 27, 2024)


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What is China Modern Dairy Holdings PS Ratio?

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 Modern Dairy Holdings's share price is HK$0.78. China Modern Dairy Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.86. Hence, China Modern Dairy Holdings's PS Ratio for today is 0.42.

The historical rank and industry rank for China Modern Dairy Holdings's PS Ratio or its related term are showing as below:

HKSE:01117' s PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1.34   Max: 6.63
Current: 0.42

During the past 13 years, China Modern Dairy Holdings's highest PS Ratio was 6.63. The lowest was 0.34. And the median was 1.34.

HKSE:01117's PS Ratio is ranked better than
76.55% of 1868 companies
in the Consumer Packaged Goods industry
Industry Median: 0.965 vs HKSE:01117: 0.42

China Modern Dairy Holdings's Revenue per Sharefor the six months ended in Dec. 2023 was HK$0.94. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.86.

Warning Sign:

China Modern Dairy Holdings Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of China Modern Dairy Holdings was 6.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 18.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 16.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.50% per year.

During the past 13 years, China Modern Dairy Holdings's highest 3-Year average Revenue per Share Growth Rate was 61.40% per year. The lowest was -10.00% per year. And the median was 13.20% per year.

Back to Basics: PS Ratio


China Modern Dairy Holdings PS Ratio Historical Data

The historical data trend for China Modern Dairy Holdings'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.

* Premium members only.

China Modern Dairy Holdings PS Ratio Chart

China Modern Dairy Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.68 1.07 0.57 0.40

China Modern Dairy Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PS Ratio 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 1.07 - 0.57 - 0.40

Competitive Comparison of China Modern Dairy Holdings's PS Ratio

For the Farm Products subindustry, China Modern Dairy Holdings'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 Modern Dairy Holdings's PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Modern Dairy Holdings's PS Ratio distribution charts can be found below:

* The bar in red indicates where China Modern Dairy Holdings's PS Ratio falls into.



China Modern Dairy Holdings 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 Modern Dairy Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.78/1.861
=0.42

China Modern Dairy Holdings's Share Price of today is HK$0.78.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Modern Dairy Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.86.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


China Modern Dairy Holdings  (HKSE:01117) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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 Modern Dairy Holdings PS Ratio Related Terms

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China Modern Dairy Holdings (HKSE:01117) Business Description

Traded in Other Exchanges
Address
Economic and Technological Development Zone, Danyang Town, Bowang District, Anhui Province, Maanshan City, CHN
China Modern Dairy Holdings Ltd operates in the Chinese food industry. Its primary business includes the production of milk and its revenue mainly depends on the sale of raw milk. The company produces and sells raw milk to customers for processing into dairy products and Liquid Milk products business which relates to its sale of liquid milk products.
Executives
Bank Of China Limited 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Boc International Holdings Limited 2201 Interest of corporation controlled by you
Boci Financial Products Limited 2101 Beneficial owner
Mgd Holdings 2101 Beneficial owner
China Mengniu Dairy Company Limited 2201 Interest of corporation controlled by you
Ggg Holdings Limited 2101 Beneficial owner
Liu Chang 2201 Interest of corporation controlled by you
New Century Ltd. 2201 Interest of corporation controlled by you
Xin Xi Wang Ru Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

China Modern Dairy Holdings (HKSE:01117) Headlines

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