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 Taing Land Development's Median PS Value or its related term are showing as below:
HKSE:00089'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.22 Med: 0.79 Max: 1.13
Current: 0.23
During the past 13 years, the highest Price to Median PS Value of Taing Land Development was 1.13. The lowest was 0.22. And the median was 0.79.
HKSE:00089's Price-to-Median-PS-Value is ranked better than 89.56% of 1063
companies
in the Real Estate industry
Industry Median: 0.81
vs HKSE:00089: 0.23
Taing Land Development Median PS Value Historical Data
The historical data trend for Taing Land Development'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 Taing Land Development's Median PS Value
For the Real Estate Services subindustry, Taing Land Development'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.
Taing Land Development's Price-to-Median-PS-Value Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Taing Land Development's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Taing Land Development's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 4.3369.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Taing Land Development's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$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.
Taing Land Development (HKSE:00089) 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.
Taing Land Development's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
1.66
/
7.26
=
0.23
* 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.
Taing Land Development Median PS Value Related Terms
Thank you for viewing the detailed overview of Taing Land Development's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Tai Sang Land Development Ltd is an investment holding company engaged in property investment, property rental, property development, estate management and agency, hotel operation and catering operation. It also earns revenue from Property rental, Property related services, and Hotel operations, Catering operations. The operating segments of the Group are Hong Kong and North America, out of which maximum revenue is derived from Hong Kong.
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