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Maanshan Iron And Steel Co (FRA:YM9A) Median PS Value : €0.21 (As of Apr. 26, 2024)


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What is Maanshan Iron And Steel 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. Maanshan Iron And Steel Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €1.674. Maanshan Iron And Steel Co's 10-Year median PS Ratio is 0.1254. Therefore, the Median PS Value for today is €0.21.

As of today (2024-04-26), Maanshan Iron And Steel Co's share price is €0.126. Maanshan Iron And Steel Co's Median PS Value is €0.21. Therefore, Maanshan Iron And Steel Co's Price to Median PS Value for today is 0.60.

The historical rank and industry rank for Maanshan Iron And Steel Co's Median PS Value or its related term are showing as below:

FRA:YM9A' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.6   Med: 0.78   Max: 1.22
Current: 0.6

During the past 13 years, the highest Price to Median PS Value of Maanshan Iron And Steel Co was 1.22. The lowest was 0.60. And the median was 0.78.

FRA:YM9A's Price-to-Median-PS-Value is ranked better than
84.16% of 404 companies
in the Steel industry
Industry Median: 1.025 vs FRA:YM9A: 0.60

Maanshan Iron And Steel Co Median PS Value Historical Data

The historical data trend for Maanshan Iron And Steel 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.

Maanshan Iron And Steel Co Median PS Value Chart

Maanshan Iron And Steel 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 0.43 0.29 0.40 0.32 0.20

Maanshan Iron And Steel Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.32 0.31 0.25 0.24 0.20

Competitive Comparison of Maanshan Iron And Steel Co's Median PS Value

For the Steel subindustry, Maanshan Iron And Steel 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.


Maanshan Iron And Steel Co's Price-to-Median-PS-Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maanshan Iron And Steel Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Maanshan Iron And Steel Co's Price-to-Median-PS-Value falls into.



Maanshan Iron And Steel Co Median PS Value Calculation

Maanshan Iron And Steel Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1.674*0.1254
=0.21

10-Year Median PS Ratio is 0.1254.
Maanshan Iron And Steel Co'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 €1.674.

* 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.


Maanshan Iron And Steel Co  (FRA:YM9A) 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.

Maanshan Iron And Steel Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.126/0.21
=0.60

* 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.


Maanshan Iron And Steel Co Median PS Value Related Terms

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Maanshan Iron And Steel Co (FRA:YM9A) Business Description

Traded in Other Exchanges
Address
No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003
Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. It has two segments. Production and sale of iron and steel products and related by-products, and Financial service. The company's principal product is steel, which is categorized into steel plates, section steel, wire rods, and train wheels. Thin plate products are further categorized into hot and rolled plates, galvanized plates, and coil-coating plates. The products in the wire rod category comprise wire rod materials and hot-rolled reinforced steel used in armored concrete. The Train wheel category includes train wheels and wheel rims.

Maanshan Iron And Steel Co (FRA:YM9A) Headlines

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