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.
The historical rank and industry rank for Neway Group Holdings's Median PS Value or its related term are showing as below:
HKSE:00055'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.4 Med: 0.69 Max: 0.85
Current: 0.69
During the past 13 years, the highest Price to Median PS Value of Neway Group Holdings was 0.85. The lowest was 0.40. And the median was 0.69.
HKSE:00055's Price-to-Median-PS-Value is ranked better than 74.76% of 511
companies
in the Business Services industry
Industry Median: 0.95
vs HKSE:00055: 0.69
Neway Group Holdings Median PS Value Historical Data
The historical data trend for Neway Group Holdings'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 Neway Group Holdings's Median PS Value
For the Specialty Business Services subindustry, Neway Group Holdings'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.
Neway Group Holdings's Price-to-Median-PS-Value Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Neway Group Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Neway Group Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.1662.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neway Group Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was HK$2.166.
* 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.
Neway Group Holdings (HKSE:00055) 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.
Neway Group Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.249
/
0.36
=
0.69
* 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.
Neway Group Holdings Median PS Value Related Terms
Thank you for viewing the detailed overview of Neway Group Holdings's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Neway Group Holdings (HKSE:00055) Business Description
Neway Group Holdings Ltd is engaged in the businesses of Lending; Manufacturing and sales; Music and entertainment; Property development; Property investment; Securities trading; and Trading of printing and other products. It derives key revenue from the Manufacturing and sales business which involves the business of manufacturing and sales of printing products, such as packaging boxes, labels, paper products and paper shopping bags, with a customer base; and the manufacturing and sales of surgical masks, with a Hong Kong customer base. The group has a business presence in Hong Kong, the PRC, Europe, the United States and other countries.
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