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Agricultural Bank of China (Agricultural Bank of China) Median PS Value : $0.35 (As of Apr. 25, 2024)


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What is Agricultural Bank of China 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. Agricultural Bank of China's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.263. Agricultural Bank of China's 10-Year median PS Ratio is 1.3308. Therefore, the Median PS Value for today is $0.35.

As of today (2024-04-25), Agricultural Bank of China's share price is $0.4359. Agricultural Bank of China's Median PS Value is $0.35. Therefore, Agricultural Bank of China's Price to Median PS Value for today is 1.25.

The historical rank and industry rank for Agricultural Bank of China's Median PS Value or its related term are showing as below:

ACGBF' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.76   Med: 0.83   Max: 1.25
Current: 1.25

During the past 13 years, the highest Price to Median PS Value of Agricultural Bank of China was 1.25. The lowest was 0.76. And the median was 0.83.

ACGBF's Price-to-Median-PS-Value is ranked worse than
84.75% of 951 companies
in the Banks industry
Industry Median: 0.86 vs ACGBF: 1.25

Agricultural Bank of China Median PS Value Historical Data

The historical data trend for Agricultural Bank of China'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.

Agricultural Bank of China Median PS Value Chart

Agricultural Bank of China 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 - 0.43 0.44 0.41 0.36

Agricultural Bank of China 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 0.41 0.43 0.39 0.35 0.36

Competitive Comparison of Agricultural Bank of China's Median PS Value

For the Banks - Diversified subindustry, Agricultural Bank of China'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.


Agricultural Bank of China's Price-to-Median-PS-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Agricultural Bank of China's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Agricultural Bank of China's Price-to-Median-PS-Value falls into.



Agricultural Bank of China Median PS Value Calculation

Agricultural Bank of China's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.263*1.3308
=0.35

10-Year Median PS Ratio is 1.3308.
Agricultural Bank of China'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 $0.263.

* 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.


Agricultural Bank of China  (OTCPK:ACGBF) 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.

Agricultural Bank of China's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.4359/0.35
=1.25

* 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.


Agricultural Bank of China Median PS Value Related Terms

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Agricultural Bank of China (Agricultural Bank of China) Business Description

Address
50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG
As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 37.15% and 32.47%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 53%, and 6% of total revenue in the first half of 2023, respectively. Rural banking and urban banking contributed 49% and 51% of total revenue during the same period.

Agricultural Bank of China (Agricultural Bank of China) Headlines

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