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Kandi Technologies Group (Kandi Technologies Group) Median PS Value : $3.49 (As of Apr. 26, 2024)


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What is Kandi Technologies Group 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. Kandi Technologies Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.548. Kandi Technologies Group's 10-Year median PS Ratio is 2.2545. Therefore, the Median PS Value for today is $3.49.

As of today (2024-04-26), Kandi Technologies Group's share price is $2.69. Kandi Technologies Group's Median PS Value is $3.49. Therefore, Kandi Technologies Group's Price to Median PS Value for today is 0.77.

The historical rank and industry rank for Kandi Technologies Group's Median PS Value or its related term are showing as below:

KNDI' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.62   Med: 0.8   Max: 2.28
Current: 0.77

During the past 13 years, the highest Price to Median PS Value of Kandi Technologies Group was 2.28. The lowest was 0.62. And the median was 0.80.

KNDI's Price-to-Median-PS-Value is ranked better than
63.25% of 762 companies
in the Vehicles & Parts industry
Industry Median: 0.91 vs KNDI: 0.77

Kandi Technologies Group Median PS Value Historical Data

The historical data trend for Kandi Technologies 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.

* Premium members only.

Kandi Technologies Group Median PS Value Chart

Kandi Technologies Group 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 5.89 3.03 2.91 3.69 3.49

Kandi Technologies Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.69 3.63 4.11 4.03 3.49

Competitive Comparison of Kandi Technologies Group's Median PS Value

For the Auto Parts subindustry, Kandi Technologies 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.


Kandi Technologies Group's Price-to-Median-PS-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kandi Technologies Group's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Kandi Technologies Group's Price-to-Median-PS-Value falls into.



Kandi Technologies Group Median PS Value Calculation

Kandi Technologies Group's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1.548*2.2545
=3.49

10-Year Median PS Ratio is 2.2545.
Kandi Technologies Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.548.

* 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.


Kandi Technologies Group  (NAS:KNDI) 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.

Kandi Technologies Group's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=2.69/3.49
=0.77

* 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.


Kandi Technologies Group Median PS Value Related Terms

Thank you for viewing the detailed overview of Kandi Technologies Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Kandi Technologies Group (Kandi Technologies Group) Business Description

Traded in Other Exchanges
Address
Jinhua New Energy Vehicle Town, Zhejiang Province, Jinhua, CHN, 321016
Kandi Technologies Group Inc is engaged in the development, production, and distribution of electric vehicle (EV) products, EV parts, and off-road vehicle products, primarily in the Chinese market. Other product offerings include all-terrain vehicles, go-karts, utility vehicles, battery packs, motor vehicles, controllers, and air conditioning systems. It generates revenue through EV parts and off-road vehicles. The company generates the majority of its revenue from China, and it also exports Overseas.
Executives
Xueqin Dong director, officer: Chief Executive Officer JINHUA NEW ENERGY VEHICLE TOWN, JINHUA F4 321016
Henry Yu director JINHUA CITY INDUSTRIAL ZONE, JINHUA, ZHEJIANG PROVINCE F4 321016
Lin Wang director C/O KANDI TECHNOLOGIES GROUP, INC., JINHUA NEW ENERGY VEHICLE TOWN, ZHEJIANG PROVINCE F4 321016
Chenming Sun director C/O KANDI TECHNOLOGIES GROUP, INC., JINHUA NEW ENERGY VEHICLE TOWN, ZHEJIANG PROVINCE F4 321016
Jehn Ming Lim officer: Chief Financial Officer FLAT E,7/F, BLOCK 3 ,BANYAN MANSION, WHAMPOA GARDEN,HUNG HOM, KOWLOON, HONG KONG K3 00000
Xiaoming Hu director, 10 percent owner, officer: President and CEO C/O KANDI TECHNOLOGIES GROUP, INC., JINHUA NEW ENERGY VEHICLE TOWN, ZHEJIANG PROVINCE F4 321016
Feng Zhu director JINHUA CITY INDUSTRIAL ZONE, JINHUA F4 321015
Yi Lin director JINHUA CITY INDUSTRIAL ZONE, JINHUA F4 321015
Excelvantage Group Ltd other: Sole Director JINHUA CITY INDUSTRIAL ZONE, JINHUA CITY, ZHEJIANG PROVINCE F4 321016
Cheng(henry) Wang officer: Chief Financial Officer C/O JINHUA CITY INDUSTRIAL ZONE, JINHUA, ZHEJIANG PROVINCE F4 321016
Bing Mei officer: Chief Financial Officer 42800 RIDGEWAY DR., ASHBURN VA 20148
Jingsong Qian director JINHUA CITY INDUSTRIAL ZONE, JINHUA ZHEJIANG PROVINCE F4 321016
Xiaoying Zhu director, officer: Chief Financial Officer C/O JINHUA CITY INDUSTRIAL ZONE, JINHUA, ZHEJIANG PROVINCE F4 321016
Liming Chen director JINHUA CITY INDUSTRIAL ZONE, JINHUA ZHEJIAN PROVINCE F4 321016
Guangzheng Ni director JINHUA CITY INDUSTRIAL ZONE, JINHUA ZHEJIANG PROVINCE F4 321016