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, Target Insurance (Holdings)'s share price is HK$0.48.
Target Insurance (Holdings)'s Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was HK$0.00. Hence, Target Insurance (Holdings)'s PS Ratio for today is .
The historical rank and industry rank for Target Insurance (Holdings)'s PS Ratio or its related term are showing as below:
During the past 10 years, Target Insurance (Holdings)'s highest PS Ratio was 18.46. The lowest was 0.54. And the median was 2.49.
HKSE:06161's PS Ratio is not ranked *
in the Insurance industry.
Industry Median: 1.04 * Ranked among companies with meaningful PS Ratio only.
During the past 10 years, Target Insurance (Holdings)'s highest 3-Year average Revenue per Share Growth Rate was 12.30% per year. The lowest was -67.40% per year. And the median was 2.45% per year.
Back to Basics: PS Ratio
Target Insurance (Holdings) PS Ratio 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.
Competitive Comparison of Target Insurance (Holdings)'s PS Ratio
For the Insurance - Property & Casualty subindustry, Target Insurance (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.
Target Insurance (Holdings)'s PS Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Target Insurance (Holdings)'s PS Ratio distribution charts can be found below:
* The bar in red indicates where Target Insurance (Holdings)'s PS Ratio falls into.
Target Insurance (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.
Target Insurance (Holdings)'s Share Price of today is HK$0.48.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Target Insurance (Holdings)'s Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was HK$0.00.
* 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:
Target Insurance (Holdings) (HKSE:06161) 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.
Target Insurance (Holdings) PS Ratio Related Terms
Thank you for viewing the detailed overview of Target Insurance (Holdings)'s PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Target Insurance (Holdings) (HKSE:06161) Business Description
Target Insurance (Holdings) Ltd is an investment company based in Hong Kong. It is principally engaged in writing motor insurance. The company offers insurance for the taxi, public light bus, and other motor vehicles. Its operating segments are Taxi, Public Light Bus, Other motor vehicles. The company earns revenue in the form of insurance premiums, dividend income, interest income, and others. It generates all of its revenue from Hong Kong.
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