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China Weaving Materials Holdings (HKSE:03778) Median PS Value : HK$0.37 (As of Jun. 23, 2024)


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What is China Weaving Materials Holdings Median PS Value?

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. China Weaving Materials Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.967. China Weaving Materials Holdings's 10-Year median PS Ratio is 0.3826. Therefore, the Median PS Value for today is HK$0.37.

As of today (2024-06-23), China Weaving Materials Holdings's share price is HK$0.27. China Weaving Materials Holdings's Median PS Value is HK$0.37. Therefore, China Weaving Materials Holdings's Price to Median PS Value for today is 0.73.

The historical rank and industry rank for China Weaving Materials Holdings's Median PS Value or its related term are showing as below:

HKSE:03778' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.67   Med: 0.84   Max: 0.88
Current: 0.73

During the past 13 years, the highest Price to Median PS Value of China Weaving Materials Holdings was 0.88. The lowest was 0.67. And the median was 0.84.

HKSE:03778's Price-to-Median-PS-Value is ranked better than
72.6% of 668 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs HKSE:03778: 0.73

China Weaving Materials Holdings Median PS Value Historical Data

The historical data trend for China Weaving Materials 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.

* Premium members only.

China Weaving Materials Holdings Median PS Value Chart

China Weaving Materials Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.72 0.50 0.37

China Weaving Materials Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 - 0.50 - 0.37

Competitive Comparison of China Weaving Materials Holdings's Median PS Value

For the Textile Manufacturing subindustry, China Weaving Materials 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.


China Weaving Materials Holdings's Price-to-Median-PS-Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Weaving Materials Holdings's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where China Weaving Materials Holdings's Price-to-Median-PS-Value falls into.



China Weaving Materials Holdings Median PS Value Calculation

China Weaving Materials Holdings's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.967*0.3826
=0.37

10-Year Median PS Ratio is 0.3826.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Weaving Materials Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.967.

* 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 Weaving Materials Holdings  (HKSE:03778) 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 Weaving Materials Holdings's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.27/0.37
=0.73

* 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 Weaving Materials Holdings Median PS Value Related Terms

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China Weaving Materials Holdings (HKSE:03778) Business Description

Traded in Other Exchanges
N/A
Address
Fengtian Economic Development Zone, Fengxin County, Jiangxi Province, Yichun, CHN
China Weaving Materials Holdings Ltd is an investment holding company. It is principally engaged in the business of manufacturing and trading of yarns products and related raw materials. The company operates in two segments: Yarns, which manufactures and trades yarns; and Staple fibers segment manufactures and trades polyester staple fibers. It generates maximum revenue from the Yarns segment. Geographically, it derives revenue from the PRC.
Executives
Zheng Yongxiang 2101 Beneficial owner

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