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China Southern Airlines CoFRA:ZNHH -4.60%53 Median PS Value is €0.45 as of Jul. 20, 2026, which is 100% below its 10-year median of 1.04. GuruFocus rates FRA:ZNHH with a GF Score™ of 53/100 and a GF Value™ of €0.48 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 612 Transportation companies, China Southern Airlines Co ranks better than 68.95% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median 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.
The historical rank and industry rank for China Southern Airlines Co's Median PS Value or its related term are showing as below:
FRA:ZNHH'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.75 Med: 1.04 Max: 2.39
Current: 0.78
During the past 13 years, the highest Price to Median PS Value of China Southern Airlines Co was 2.39. The lowest was 0.75. And the median was 1.04.
FRA:ZNHH's Price-to-Median-PS-Value is ranked better than 68.95% of 612
companies
in the Transportation industry
Industry Median: 1.02
vs FRA:ZNHH: 0.78
China Southern Airlines Co (FRA:ZNHH) 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 Southern Airlines Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.3506
/
0.45
=
0.78
* 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 Southern Airlines Co Median PS Value Related Terms
China Southern Airlines Co Median PS Value 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.
FRA:ZNHH vs DAL, UAL, LUV: Median PS Value Comparison
For the Airlines subindustry, China Southern Airlines 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 Southern Airlines Co Price-to-Median-PS-Value vs Transportation Industry
For the Transportation industry and Industrials sector, China Southern Airlines Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where China Southern Airlines Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.3958.
China Southern Airlines Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.137.
* 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 Southern Airlines Co (FRA:ZNHH) has a Median PS Value of €0.45 as of Jul. 20, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on China Southern Airlines Co and its competitors. This is 57% below median its historical median of 1.04. Over the past decade, China Southern Airlines Co's Median PS Value has ranged from 0.75 to 2.39. According to the industry distribution chart, China Southern Airlines Co ranks #190 out of 612 companies in the Transportation industry, placing it in the top 31%.
Is China Southern Airlines Co's Median PS Value too high?
China Southern Airlines Co's current Median PS Value of €0.45 is 57% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.39. Based on the distribution chart, China Southern Airlines Co ranks #190 out of 612 companies in the Transportation industry, which is above the industry midpoint. Overall, China Southern Airlines Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Southern Airlines Co's Median PS Value compare to DAL and UAL?
According to the Transportation industry distribution chart, China Southern Airlines Co ranks #190 out of 612 companies for Median PS Value. This puts China Southern Airlines Co in the upper half of its industry. The industry median Median PS Value is 1.02. Historically, China Southern Airlines Co's own Median PS Value has ranged from 0.75 to 2.39 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Transportation company?
The median Median PS Value among Transportation companies is 1.02, based on 612 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on China Southern Airlines Co and its competitors. For the Transportation industry, the median Median PS Value is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Southern Airlines Co's current Median PS Value is €0.45, which is 57% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Southern Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, China Southern Airlines Co (FRA:ZNHH) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.48, compared to a current price of €0.35 — trading 27% below its estimated fair value. The current Median PS Value is €0.45, which is 57% below median its 10-year median of 1.04. China Southern Airlines Co's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For China Southern Airlines Co (FRA:ZNHH), the current Median PS Value is €0.45 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Southern Airlines Co (FRA:ZNHH) Overvalued in 2026?
Based on GuruFocus' analysis, China Southern Airlines Co stock appears to be undervalued.
The current stock price of €0.35 is trading 27% below its estimated GF Value™ of €0.48.
GuruFocus considers China Southern Airlines Co to be Modestly Undervalued.
Key valuation signals for FRA:ZNHH:
Median PS Value: €0.45 (57% below median its 10-year median of 1.04)
GF Value™: €0.48 vs. price of €0.35 (27% below fair value)
No single metric tells the full story. See the FRA:ZNHH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Southern Airlines Co Ltd is based in Guangzhou principally engaged in airline operations. The Group also operates certain airline-related businesses, including the provision of aircraft maintenance and air catering services. The Group has two reportable operating segments: airline transportation operations and other segments. Airline transportation operations comprise the Group's passenger and cargo, and mail operations. Other segments include cargo handling, hotel and tour operation, ground services, air catering services, and other miscellaneous services. Geographically, the company operates in the Domestic, Hong Kong, Macau, and Taiwan, and International markets.
53GF Score
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