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. Hilong Holding's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $0.345. Hilong Holding's 10-Year median PS Ratio is 0.4348. Therefore, the Median PS Value for today is $0.15.
As of today (2024-05-27), Hilong Holding's share price is $0.0124. Hilong Holding's Median PS Value is $0.15. Therefore, Hilong Holding's Price to Median PS Value for today is 0.08.
The historical rank and industry rank for Hilong Holding's Median PS Value or its related term are showing as below:
HLONF'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.08 Med: 0.18 Max: 0.22
Current: 0.08
During the past 13 years, the highest Price to Median PS Value of Hilong Holding was 0.22. The lowest was 0.08. And the median was 0.18.
HLONF's Price-to-Median-PS-Value is ranked better than 98.25% of 572
companies
in the Oil & Gas industry
Industry Median: 0.915
vs HLONF: 0.08
Hilong Holding Median PS Value Historical Data
The historical data trend for Hilong Holding'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 Hilong Holding's Median PS Value
For the Oil & Gas Equipment & Services subindustry, Hilong Holding'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.
Hilong Holding's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hilong Holding's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Hilong Holding's Price-to-Median-PS-Value falls into.
Hilong Holding Median PS Value Calculation
Hilong Holding's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.4348.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hilong Holding's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $0.345.
* 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.
Hilong Holding (OTCPK:HLONF) 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.
Hilong Holding's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.0124
/
0.15
=
0.08
* 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.
Hilong Holding Median PS Value Related Terms
Thank you for viewing the detailed overview of Hilong Holding's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Hilong Holding (Hilong Holding) Business Description
Hilong Holding Ltd manufactures and distributes oil and gas drilling equipment and coating materials, and provisions coating, oilfield, and offshore engineering services. Its segments include Oilfield equipment manufacturing and services including the production of oilfield equipment and provision of OCTG coating services; Line pipe technology and services including the provision of services related to oil and gas pipelines and production of coating materials for anti-corrosive and anti-friction purposes; Oilfield services including the provision of well drilling services, integrated comprehensive services, OCTG trading and related services to oil and gas producers; and Offshore engineering services includes the provision of offshore engineering services and offshore design services.
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