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China Southern Airlines Co (SHSE:600029) Median PS Value : ¥5.60 (As of Apr. 30, 2024)


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What is China Southern Airlines Co 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 Southern Airlines Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ¥8.037. China Southern Airlines Co's 10-Year median PS Ratio is 0.6968. Therefore, the Median PS Value for today is ¥5.60.

As of today (2024-04-30), China Southern Airlines Co's share price is ¥5.67. China Southern Airlines Co's Median PS Value is ¥5.60. Therefore, China Southern Airlines Co's Price to Median PS Value for today is 1.01.

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

SHSE:600029' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.78   Med: 1.18   Max: 2.39
Current: 1.01

During the past 13 years, the highest Price to Median PS Value of China Southern Airlines Co was 2.39. The lowest was 0.78. And the median was 1.18.

SHSE:600029's Price-to-Median-PS-Value is ranked worse than
52.5% of 581 companies
in the Transportation industry
Industry Median: 0.98 vs SHSE:600029: 1.01

China Southern Airlines Co Median PS Value Historical Data

The historical data trend for China Southern Airlines 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.

China Southern Airlines Co Median PS Value Chart

China Southern Airlines Co 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 8.03 3.66 3.52 3.18 5.60

China Southern Airlines 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 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 3.18 3.58 4.45 4.62 5.60

Competitive Comparison of China Southern Airlines Co's Median PS Value

For the Airlines subindustry, China Southern Airlines 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.


China Southern Airlines Co's Price-to-Median-PS-Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Southern Airlines Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where China Southern Airlines Co's Price-to-Median-PS-Value falls into.



China Southern Airlines Co Median PS Value Calculation

China Southern Airlines Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=8.037*0.6968
=5.60

10-Year Median PS Ratio is 0.6968.
China Southern Airlines 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 ¥8.037.

* 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 Southern Airlines Co  (SHSE:600029) 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 Southern Airlines Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=5.67/5.60
=1.01

* 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 Southern Airlines Co Median PS Value Related Terms

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China Southern Airlines Co (SHSE:600029) Business Description

Traded in Other Exchanges
Address
68 Qixin Road, China Southern Air Building, Baiyun District, Guangdong Province, Guangzhou, CHN, 510403
China Southern Airlines is based in Guangzhou and is one of the three largest state-owned airlines in China. The group operated a fleet of 894 aircraft as of 2022 and carried more than 150 million passengers in prepandemic 2019, ranking first in Asia. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs like Guangzhou and Beijing. The group's route network extends to over 243 destinations and 44 countries and regions.

China Southern Airlines Co (SHSE:600029) Headlines

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