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 Tian Lun Gas Holdings's Median PS Value or its related term are showing as below:
HKSE:01600'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.25 Med: 0.35 Max: 0.43
Current: 0.27
During the past 13 years, the highest Price to Median PS Value of Tian Lun Gas Holdings was 0.43. The lowest was 0.25. And the median was 0.35.
HKSE:01600's Price-to-Median-PS-Value is ranked better than 94.89% of 352
companies
in the Utilities - Regulated industry
Industry Median: 0.89
vs HKSE:01600: 0.27
Tian Lun Gas Holdings Median PS Value Historical Data
The historical data trend for Tian Lun Gas 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 Tian Lun Gas Holdings's Median PS Value
For the Utilities - Regulated Gas subindustry, Tian Lun Gas 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.
Tian Lun Gas Holdings's Price-to-Median-PS-Value Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Tian Lun Gas Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.5065.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tian Lun Gas Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$8.503.
* 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.
Tian Lun Gas Holdings (HKSE:01600) 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.
Tian Lun Gas Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
3.44
/
12.81
=
0.27
* 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.
Tian Lun Gas Holdings Median PS Value Related Terms
Thank you for viewing the detailed overview of Tian Lun Gas Holdings's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives majority of its revenue from the sale of natural gas.
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