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CIHKY (China Merchants Bank Co) Median PS Value : $25.76 (As of Dec. 12, 2024)


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What is China Merchants Bank Co Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. China Merchants Bank Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $8.783. China Merchants Bank Co's 10-Year median PS Ratio is 2.9329. Therefore, the Median PS Value for today is $25.76.

As of today (2024-12-12), China Merchants Bank Co's share price is $24.745. China Merchants Bank Co's Median PS Value is $25.76. Therefore, China Merchants Bank Co's Price to Median PS Value for today is 0.96.

The historical rank and industry rank for China Merchants Bank Co's Median PS Value or its related term are showing as below:

CIHKY' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.55   Med: 1.03   Max: 1.71
Current: 0.96

During the past 13 years, the highest Price to Median PS Value of China Merchants Bank Co was 1.71. The lowest was 0.55. And the median was 1.03.

CIHKY's Price-to-Median-PS-Value is ranked worse than
53.71% of 996 companies
in the Banks industry
Industry Median: 1.01 vs CIHKY: 0.96

China Merchants Bank Co Median PS Value Historical Data

The historical data trend for China Merchants Bank Co's Median PS Value 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 Merchants Bank Co Median PS Value Chart

China Merchants Bank Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.20 21.38 26.74 27.99 23.47

China Merchants Bank Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Median PS Value 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 23.58 23.47 22.79 24.32 23.86

Competitive Comparison of China Merchants Bank Co's Median PS Value

For the Banks - Regional subindustry, China Merchants Bank Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Merchants Bank Co's Price-to-Median-PS-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Merchants Bank Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where China Merchants Bank Co's Price-to-Median-PS-Value falls into.



China Merchants Bank Co Median PS Value Calculation

China Merchants Bank Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=8.783*2.9329
=25.76

10-Year Median PS Ratio is 2.9329.
China Merchants Bank Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.783.

* 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.


China Merchants Bank Co  (OTCPK:CIHKY) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

China Merchants Bank Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=24.745/25.76
=0.96

* 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.


China Merchants Bank Co Median PS Value Related Terms

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China Merchants Bank Co Business Description

Address
No. 7088, Shennan Boulevard, 26th Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
China Merchants Bank was founded in 1987 and is headquartered in Shenzhen. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking, and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2023.