GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Guangdong Meiyan Jixiang Hydropower Co Ltd (SHSE:600868) » Definitions » Median PS Value

Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Median PS Value : ¥3.50 (As of May. 26, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Guangdong Meiyan Jixiang Hydropower 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. Guangdong Meiyan Jixiang Hydropower Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.136. Guangdong Meiyan Jixiang Hydropower Co's 10-Year median PS Ratio is 25.7353. Therefore, the Median PS Value for today is ¥3.50.

As of today (2024-05-26), Guangdong Meiyan Jixiang Hydropower Co's share price is ¥2.19. Guangdong Meiyan Jixiang Hydropower Co's Median PS Value is ¥3.50. Therefore, Guangdong Meiyan Jixiang Hydropower Co's Price to Median PS Value for today is 0.63.

The historical rank and industry rank for Guangdong Meiyan Jixiang Hydropower Co's Median PS Value or its related term are showing as below:

SHSE:600868' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.36   Med: 1.55   Max: 5.07
Current: 0.63

During the past 13 years, the highest Price to Median PS Value of Guangdong Meiyan Jixiang Hydropower Co was 5.07. The lowest was 0.36. And the median was 1.55.

SHSE:600868's Price-to-Median-PS-Value is ranked better than
72.73% of 176 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.905 vs SHSE:600868: 0.63

Guangdong Meiyan Jixiang Hydropower Co Median PS Value Historical Data

The historical data trend for Guangdong Meiyan Jixiang Hydropower 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.

Guangdong Meiyan Jixiang Hydropower Co Median PS Value Chart

Guangdong Meiyan Jixiang Hydropower 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 3.26 2.22 4.45 6.61 4.25

Guangdong Meiyan Jixiang Hydropower 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 6.86 5.91 4.97 4.25 3.50

Competitive Comparison of Guangdong Meiyan Jixiang Hydropower Co's Median PS Value

For the Utilities - Renewable subindustry, Guangdong Meiyan Jixiang Hydropower 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.


Guangdong Meiyan Jixiang Hydropower Co's Price-to-Median-PS-Value Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Guangdong Meiyan Jixiang Hydropower Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Guangdong Meiyan Jixiang Hydropower Co's Price-to-Median-PS-Value falls into.



Guangdong Meiyan Jixiang Hydropower Co Median PS Value Calculation

Guangdong Meiyan Jixiang Hydropower Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.136*25.7353
=3.50

10-Year Median PS Ratio is 25.7353.
Guangdong Meiyan Jixiang Hydropower 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 ¥0.136.

* 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.


Guangdong Meiyan Jixiang Hydropower Co  (SHSE:600868) 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.

Guangdong Meiyan Jixiang Hydropower Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=2.19/3.50
=0.63

* 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.


Guangdong Meiyan Jixiang Hydropower Co Median PS Value Related Terms

Thank you for viewing the detailed overview of Guangdong Meiyan Jixiang Hydropower Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Business Description

Traded in Other Exchanges
N/A
Address
Meiyan Builing, Wanshuitang County, Meizhou, Guangdong, CHN, 514011
Guangdong Meiyan Jixiang Hydropower Co Ltd is mainly engaged in power generation and hydropower generation in China. The company's main business is hydropower generation. Its business divisions include hydroelectric generation, copper foil production, cement industry, silver mining, education services business and sales. The company mainly operates its business in Guangdong Province.
Executives
Li Ming Director
Zhu Bao Rong Supervisors
Huang Zeng Xiao senior management
Yang Qin Huan senior management
Qiu Xiu Rong Supervisors
Wang Rong Hui Director
Xia Wen Mei Supervisors
Wan Wen Sheng Supervisors

Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Headlines

No Headlines