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. Zhongjin Gold's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥12.568. Zhongjin Gold's 10-Year median PS Ratio is 0.802. Therefore, the Median PS Value for today is ¥10.08.
As of today (2024-06-08), Zhongjin Gold's share price is ¥14.71. Zhongjin Gold's Median PS Value is ¥10.08. Therefore, Zhongjin Gold's Price to Median PS Value for today is 1.46.
The historical rank and industry rank for Zhongjin Gold's Median PS Value or its related term are showing as below:
SHSE:600489'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.41 Med: 0.84 Max: 1.46
Current: 1.46
During the past 13 years, the highest Price to Median PS Value of Zhongjin Gold was 1.46. The lowest was 0.41. And the median was 0.84.
SHSE:600489's Price-to-Median-PS-Value is ranked worse than 75.07% of 381
companies
in the Metals & Mining industry
Industry Median: 1.02
vs SHSE:600489: 1.46
Zhongjin Gold Median PS Value Historical Data
The historical data trend for Zhongjin Gold'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.
Competitive Comparison of Zhongjin Gold's Median PS Value
For the Gold subindustry, Zhongjin Gold'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.
Zhongjin Gold's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zhongjin Gold's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Zhongjin Gold's Price-to-Median-PS-Value falls into.
Zhongjin Gold Median PS Value Calculation
Zhongjin Gold's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.802.
Zhongjin Gold's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥12.568.
* 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.
Zhongjin Gold (SHSE:600489) 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.
Zhongjin Gold's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
14.71
/
10.08
=
1.46
* 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.
Zhongjin Gold Median PS Value Related Terms
Thank you for viewing the detailed overview of Zhongjin Gold's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhongjin Gold Corp Ltd engages in the mining, smelting, and sale of non-ferrous metals in China. Its products include gold, electrolytic silver and copper, sulfuric acid, and other products, as well as iron oxide pigments. The company operates its business in both the domestic and overseas market.
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