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 China Qinfa Group's Median PS Value or its related term are showing as below:
HKSE:00866'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.55 Med: 0.67 Max: 2.78
Current: 2.74
During the past 13 years, the highest Price to Median PS Value of China Qinfa Group was 2.78. The lowest was 0.55. And the median was 0.67.
HKSE:00866's Price-to-Median-PS-Value is ranked worse than 86.81% of 91
companies
in the Other Energy Sources industry
Industry Median: 0.95
vs HKSE:00866: 2.74
China Qinfa Group Median PS Value Historical Data
The historical data trend for China Qinfa Group'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 China Qinfa Group's Median PS Value
For the Thermal Coal subindustry, China Qinfa Group'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 Qinfa Group's Price-to-Median-PS-Value Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, China Qinfa Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where China Qinfa Group's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.1593.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Qinfa Group's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was HK$1.444.
* 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 Qinfa Group (HKSE:00866) 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 Qinfa Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.63
/
0.23
=
2.74
* 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 Qinfa Group Median PS Value Related Terms
Thank you for viewing the detailed overview of China Qinfa Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
China Qinfa Group (HKSE:00866) Business Description
China Qinfa Group Ltd is a Hong-Kong based firm engaged in coal operation business involving coal mining, purchases and sales, filtering, storage, the blending of coal in the PRC, and shipping transportation. The company operates its business through two segments namely Coal and Shipping transportation segments. Coal business segment covers coal mining, purchases and sales, filtering, storage and blending of coal in the PRC, and Shipping transportation segment provides services of time charter and voyage charter of vessels. It has a business presence in the PRC and other countries, of which the majority of the revenue is generated within the PRC.
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