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Hunan Corun New Energy Co (SHSE:600478) Median PS Value : ¥8.80 (As of Dec. 11, 2024)


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What is Hunan Corun New Energy 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. Hunan Corun New Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥2.207. Hunan Corun New Energy Co's 10-Year median PS Ratio is 3.9873. Therefore, the Median PS Value for today is ¥8.80.

As of today (2024-12-11), Hunan Corun New Energy Co's share price is ¥4.71. Hunan Corun New Energy Co's Median PS Value is ¥8.80. Therefore, Hunan Corun New Energy Co's Price to Median PS Value for today is 0.54.

The historical rank and industry rank for Hunan Corun New Energy Co's Median PS Value or its related term are showing as below:

SHSE:600478' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.42   Med: 0.79   Max: 3.55
Current: 0.54

During the past 13 years, the highest Price to Median PS Value of Hunan Corun New Energy Co was 3.55. The lowest was 0.42. And the median was 0.79.

SHSE:600478's Price-to-Median-PS-Value is ranked better than
89.11% of 1561 companies
in the Industrial Products industry
Industry Median: 1.1 vs SHSE:600478: 0.54

Hunan Corun New Energy Co Median PS Value Historical Data

The historical data trend for Hunan Corun New Energy 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.

Hunan Corun New Energy Co Median PS Value Chart

Hunan Corun New Energy 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 6.73 8.02 8.78 11.75 9.90

Hunan Corun New Energy Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 11.31 9.90 8.92 8.93 8.80

Competitive Comparison of Hunan Corun New Energy Co's Median PS Value

For the Electrical Equipment & Parts subindustry, Hunan Corun New Energy 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.


Hunan Corun New Energy Co's Price-to-Median-PS-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Corun New Energy Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Hunan Corun New Energy Co's Price-to-Median-PS-Value falls into.



Hunan Corun New Energy Co Median PS Value Calculation

Hunan Corun New Energy Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=2.207*3.9873
=8.80

10-Year Median PS Ratio is 3.9873.
Hunan Corun New Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2.207.

* 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.


Hunan Corun New Energy Co  (SHSE:600478) 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.

Hunan Corun New Energy Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=4.71/8.80
=0.54

* 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.


Hunan Corun New Energy Co Median PS Value Related Terms

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Hunan Corun New Energy Co Business Description

Traded in Other Exchanges
N/A
Address
348W Tongzipo Road, National High-Tech Industrial Development Zone, Changsha, Hunan, CHN, 410205
Hunan Corun New Energy Co Ltd is a China-based company engaged in the manufacture and sale of energy storage materials, batteries, electric vehicle battery power pack and its extension products. Its key products include nickel products, power batteries, consumer batteries, and hybrid power assembly systems.
Executives
Zhang Ju Dong Director
Li Qing Lin senior management
Li Zhuo senior management
Zhang Fei senior management
Wang Jian Hui senior management
Zou Lin Director
Lu Yu Bin Director
Yi Xian Ke senior management
Yin Zhi Feng Supervisors
Liu Cai Yun Director
Zhang Wei senior management
Liu Yi senior management
Yu Xin Min senior management
Zhong Xian senior management
Chen Si senior management

Hunan Corun New Energy Co Headlines

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