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. Shanda Games's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2014 was $2.212. Shanda Games's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-04-30), Shanda Games's share price is $3.96. Shanda Games's Median PS Value is $0.00. Therefore, Shanda Games's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Shanda Games's Median PS Value or its related term are showing as below:
GAME's Price-to-Median-PS-Value is not ranked *
in the Interactive Media industry.
Industry Median: 0.72 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Shanda Games Median PS Value Historical Data
The historical data trend for Shanda Games'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.
Competitive Comparison of Shanda Games's Median PS Value
For the Electronic Gaming & Multimedia subindustry, Shanda Games'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.
Shanda Games's Price-to-Median-PS-Value Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Shanda Games's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Shanda Games's Price-to-Median-PS-Value falls into.
Shanda Games Median PS Value Calculation
Shanda Games's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Shanda Games's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2014 was $2.212.
* 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.
Shanda Games (NAS:GAME) 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.
Shanda Games's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
3.96
/
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.
Shanda Games Median PS Value Related Terms
Thank you for viewing the detailed overview of Shanda Games's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Shanda Games Ltd was incorporated in the Cayman Islands on June 12, 2008. The Company is an online game company in China in terms of the size, diversity of its game portfolio, game revenues and game player base. It completed its initial public offering on September 30, 2009. It develop and source a broad array of game content through multiple channels, including in-house development, licensing, investment, acquisition, joint development and joint operation. As of March 31, 2015, it operated 35 MMO games and 29 mobile games in China and certain overseas markets. The games operated by the Company are: Mir II, BNB, Woool, Legend of Immortals, Age of Wushu, among others. It competes with other online game developers and operators in China, including Tencent Holdings Limited, NetEase, Inc., Changyou.com Limited, Perfect World Co., Ltd., Giant Interactive, Kingsoft, KongZhong Corporation, NetDragon Websoft, Inc. and The9 Limited.
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