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China SCE Group Holdings (HKSE:01966) PS Ratio : 0.03 (As of May. 25, 2024)


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What is China SCE Group 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 SCE Group Holdings's share price is HK$0.19. China SCE Group Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was HK$5.43. Hence, China SCE Group Holdings's PS Ratio for today is 0.03.

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

HKSE:01966' s PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.61   Max: 1.41
Current: 0.04

During the past 13 years, China SCE Group Holdings's highest PS Ratio was 1.41. The lowest was 0.02. And the median was 0.61.

HKSE:01966's PS Ratio is ranked better than
98.31% of 1775 companies
in the Real Estate industry
Industry Median: 2.43 vs HKSE:01966: 0.04

China SCE Group Holdings's Revenue per Sharefor the six months ended in Jun. 2023 was HK$2.46. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was HK$5.43.

Warning Sign:

China SCE Group Holdings 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 SCE Group Holdings was -41.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 12.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 19.10% per year.

During the past 13 years, China SCE Group Holdings's highest 3-Year average Revenue per Share Growth Rate was 105.30% per year. The lowest was 7.70% per year. And the median was 21.45% per year.

Back to Basics: PS Ratio


China SCE Group Holdings PS Ratio Historical Data

The historical data trend for China SCE Group 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 SCE Group Holdings PS Ratio Chart

China SCE Group 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 0.80 0.35 0.17 0.14 0.03

China SCE Group 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 0.17 - 0.14 - -

Competitive Comparison of China SCE Group Holdings's PS Ratio

For the Real Estate - Development subindustry, China SCE Group 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 SCE Group Holdings's PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China SCE Group Holdings's PS Ratio distribution charts can be found below:

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



China SCE Group 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 SCE Group Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.19/5.429
=0.03

China SCE Group Holdings's Share Price of today is HK$0.19.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China SCE Group Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was HK$5.43.

* 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 SCE Group Holdings  (HKSE:01966) 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 SCE Group Holdings PS Ratio Related Terms

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China SCE Group Holdings (HKSE:01966) Business Description

Traded in Other Exchanges
Address
No. 2, Lane 1688, Shenchang Road, SCE Tower, Hongqiao Business District, Shanghai, CHN
China SCE Group Holdings Ltd is engaged in property development, commercial management, property management and long-term rental apartments business. The company has a regionally focused development strategy in the Yangtze River Delta Economic Zone, the Bohai Rim Economic Zone, the Guangdong-Hong Kong-Macao Greater Bay Area, the West Taiwan Strait Economic Zone and the Central Western Region. The group has property projects including high-rise residential buildings, offices, shopping malls and long-term rental apartments.
Executives
Wong Chiu Yeung 2201 Interest of corporation controlled by you
Newup Holdings Limited 2101 Beneficial owner
Rising Trade Holdings Limited 2101 Beneficial owner
Wealthy Gate Holdings Limited 2101 Beneficial owner
Chen Yuanlai 2201 Interest of corporation controlled by you
Cheng Hiu Lok 2201 Interest of corporation controlled by you
Keen Century Investments Limited 2101 Beneficial owner
East Waves Investments Limited 2101 Beneficial owner

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