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 Longyuan Power Group's share price is $7.42.
China Longyuan Power Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.16. Hence, China Longyuan Power Group's PS Ratio for today is 1.20.
The historical rank and industry rank for China Longyuan Power Group's PS Ratio or its related term are showing as below:
CLPXY'
s PS Ratio Range Over the Past 10 Years
Min: 3.49 Med: 4.37 Max: 5.89
Current: 4.05
During the past 13 years, China Longyuan Power Group's highest PS Ratio was 5.89. The lowest was 3.49. And the median was 4.37.
China Longyuan Power Group Corp 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 Longyuan Power Group was -3.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 9.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 8.10% per year.
During the past 13 years, China Longyuan Power Group's highest 3-Year average Revenue per Share Growth Rate was 13.30% per year. The lowest was 1.40% per year. And the median was 8.15% per year.
Back to Basics: PS Ratio
China Longyuan Power Group 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 China Longyuan Power Group's PS Ratio
For the Utilities - Renewable subindustry, China Longyuan Power 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 Longyuan Power Group's PS Ratio Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Longyuan Power Group's PS Ratio falls into.
China Longyuan Power 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 Longyuan Power Group's Share Price of today is $7.42. China Longyuan Power Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.16.
* 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 Longyuan Power Group (OTCPK:CLPXY) 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 Longyuan Power Group PS Ratio Related Terms
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China Longyuan Power Group (China Longyuan Power Group) Business Description
Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 26.2 gigawatts as of end-2022, representing about 7% of nationwide wind capacity. It has more than 400 wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 84% wind, 6% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.
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