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Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Median PS Value : ¥335.03 (As of Jun. 21, 2024)


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What is Tongyi Carbon Neutral Energy (Xinjiang) 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. Tongyi Carbon Neutral Energy (Xinjiang) Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥12.064. Tongyi Carbon Neutral Energy (Xinjiang) Co's 10-Year median PS Ratio is 27.7711. Therefore, the Median PS Value for today is ¥335.03.

As of today (2024-06-21), Tongyi Carbon Neutral Energy (Xinjiang) Co's share price is ¥12.43. Tongyi Carbon Neutral Energy (Xinjiang) Co's Median PS Value is ¥335.03. Therefore, Tongyi Carbon Neutral Energy (Xinjiang) Co's Price to Median PS Value for today is 0.04.

The historical rank and industry rank for Tongyi Carbon Neutral Energy (Xinjiang) Co's Median PS Value or its related term are showing as below:

SHSE:600506' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.03   Med: 1.03   Max: 3.38
Current: 0.04

During the past 13 years, the highest Price to Median PS Value of Tongyi Carbon Neutral Energy (Xinjiang) Co was 3.38. The lowest was 0.03. And the median was 1.03.

SHSE:600506's Price-to-Median-PS-Value is ranked better than
99.54% of 1087 companies
in the Consumer Packaged Goods industry
Industry Median: 0.88 vs SHSE:600506: 0.04

Tongyi Carbon Neutral Energy (Xinjiang) Co Median PS Value Historical Data

The historical data trend for Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) Co Median PS Value Chart

Tongyi Carbon Neutral Energy (Xinjiang) 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 4.30 22.98 65.14 376.18 324.49

Tongyi Carbon Neutral Energy (Xinjiang) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 347.13 323.98 322.84 324.49 335.03

Competitive Comparison of Tongyi Carbon Neutral Energy (Xinjiang) Co's Median PS Value

For the Farm Products subindustry, Tongyi Carbon Neutral Energy (Xinjiang) 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co's Price-to-Median-PS-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongyi Carbon Neutral Energy (Xinjiang) Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tongyi Carbon Neutral Energy (Xinjiang) Co's Price-to-Median-PS-Value falls into.



Tongyi Carbon Neutral Energy (Xinjiang) Co Median PS Value Calculation

Tongyi Carbon Neutral Energy (Xinjiang) Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=12.064*27.7711
=335.03

10-Year Median PS Ratio is 27.7711.
Tongyi Carbon Neutral Energy (Xinjiang) Co'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 ¥12.064.

* 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co  (SHSE:600506) 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.

Tongyi Carbon Neutral Energy (Xinjiang) Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=12.43/335.03
=0.04

* 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co Median PS Value Related Terms

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Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Business Description

Traded in Other Exchanges
N/A
Address
Shengguo Mingyuan, Shengguo Road, Xinjiang, Ku'erle, CHN, 841000
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd formerly Xinjiang Koerle Pear Co Ltd is an orchard planting company. It produces korla pear and ratafee.

Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Headlines

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