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Shanghai Haixin Group Co (SHSE:600851) Median PS Value : ¥6.28 (As of Dec. 15, 2024)


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What is Shanghai Haixin Group 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. Shanghai Haixin Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥0.698. Shanghai Haixin Group Co's 10-Year median PS Ratio is 8.9971. Therefore, the Median PS Value for today is ¥6.28.

As of today (2024-12-15), Shanghai Haixin Group Co's share price is ¥7.49. Shanghai Haixin Group Co's Median PS Value is ¥6.28. Therefore, Shanghai Haixin Group Co's Price to Median PS Value for today is 1.20.

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

SHSE:600851' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.54   Med: 1.07   Max: 2.61
Current: 1.2

During the past 13 years, the highest Price to Median PS Value of Shanghai Haixin Group Co was 2.61. The lowest was 0.54. And the median was 1.07.

SHSE:600851's Price-to-Median-PS-Value is ranked worse than
53.85% of 390 companies
in the Conglomerates industry
Industry Median: 0.96 vs SHSE:600851: 1.20

Shanghai Haixin Group Co Median PS Value Historical Data

The historical data trend for Shanghai Haixin Group 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.

Shanghai Haixin Group Co Median PS Value Chart

Shanghai Haixin Group 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 7.55 6.80 11.25 10.73 8.81

Shanghai Haixin Group 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 9.96 8.81 8.26 7.19 6.28

Competitive Comparison of Shanghai Haixin Group Co's Median PS Value

For the Conglomerates subindustry, Shanghai Haixin Group 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.


Shanghai Haixin Group Co's Price-to-Median-PS-Value Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Haixin Group Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Shanghai Haixin Group Co's Price-to-Median-PS-Value falls into.



Shanghai Haixin Group Co Median PS Value Calculation

Shanghai Haixin Group Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.698*8.9971
=6.28

10-Year Median PS Ratio is 8.9971.
Shanghai Haixin Group 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 ¥0.698.

* 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.


Shanghai Haixin Group Co  (SHSE:600851) 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.

Shanghai Haixin Group Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=7.49/6.28
=1.19

* 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.


Shanghai Haixin Group Co Median PS Value Related Terms

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Shanghai Haixin Group Co Business Description

Traded in Other Exchanges
Address
688 Changxing Road, Dongjing Songjiang, Shanghai, CHN, 201619
Shanghai Haixin Group Co Ltd is a China-based company engaged in the pharmaceuticals business. The Pharmaceutical segment is mainly engaged in the manufacture and sales of pharmaceutical products. Further, it is also involved in financial investment, industrial plant rental management, and textile products business. Geographically, the activities are carried out through China.
Executives
Xu Wen Bin senior management
Wang Luo Jie senior management

Shanghai Haixin Group Co Headlines

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