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Tsingtao Brewery Co (Tsingtao Brewery Co) Median PS Value

: $24.16 (As of Today)
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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. Tsingtao Brewery Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $17.501. Tsingtao Brewery Co's 10-Year median PS Ratio is 1.3805. Therefore, the Median PS Value for today is $24.16.

As of today (2024-04-19), Tsingtao Brewery Co's share price is $32.81. Tsingtao Brewery Co's Median PS Value is $24.16. Therefore, Tsingtao Brewery Co's Price to Median PS Value for today is 1.36.

The historical rank and industry rank for Tsingtao Brewery Co's Median PS Value or its related term are showing as below:

TSGTY' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.76   Med: 1.15   Max: 2.48
Current: 1.36

During the past 13 years, the highest Price to Median PS Value of Tsingtao Brewery Co was 2.48. The lowest was 0.76. And the median was 1.15.

TSGTY's Price-to-Median-PS-Value is ranked worse than
84.17% of 139 companies
in the Beverages - Alcoholic industry
Industry Median: 0.79 vs TSGTY: 1.36

Tsingtao Brewery Co Median PS Value Historical Data

The historical data trend for Tsingtao Brewery Co'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.

Tsingtao Brewery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.58 21.02 20.66 22.72 25.32

Tsingtao Brewery Co 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 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 Premium Member Only Premium Member Only Premium Member Only 22.72 23.41 23.42 25.58 25.32

Competitive Comparison

For the Beverages - Brewers subindustry, Tsingtao Brewery Co'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.


Tsingtao Brewery Co Price-to-Median-PS-Value Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tsingtao Brewery Co's Price-to-Median-PS-Value falls into.



Tsingtao Brewery Co Median PS Value Calculation

Tsingtao Brewery Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=17.501*1.3805
=24.16

10-Year Median PS Ratio is 1.3805.
Tsingtao Brewery Co'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 $17.501.

* 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.


Tsingtao Brewery Co  (OTCPK:TSGTY) 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.

Tsingtao Brewery Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=32.81/24.16
=1.36

* 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.


Tsingtao Brewery Co Median PS Value Related Terms

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Tsingtao Brewery Co (Tsingtao Brewery Co) Business Description

Address
No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio in recent years.

Tsingtao Brewery Co (Tsingtao Brewery Co) Headlines