GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MingYang Smart Energy Group Ltd (SHSE:601615) » Definitions » Median PS Value

MingYang Smart Energy Group (SHSE:601615) Median PS Value : ¥0.00 (As of Dec. 13, 2024)


View and export this data going back to 2019. Start your Free Trial

What is MingYang Smart Energy Group 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. MingYang Smart Energy Group's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥11.696. MingYang Smart Energy Group's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is ¥0.00.

As of today (2024-12-13), MingYang Smart Energy Group's share price is ¥14.42. MingYang Smart Energy Group's Median PS Value is ¥0.00. Therefore, MingYang Smart Energy Group's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for MingYang Smart Energy Group's Median PS Value or its related term are showing as below:

SHSE:601615's Price-to-Median-PS-Value is not ranked *
in the Industrial Products industry.
Industry Median: 1.095
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

MingYang Smart Energy Group Median PS Value Historical Data

The historical data trend for MingYang Smart Energy Group'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.

MingYang Smart Energy Group Median PS Value Chart

MingYang Smart Energy Group 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 - - - - -

MingYang Smart Energy Group 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 - - - - -

Competitive Comparison of MingYang Smart Energy Group's Median PS Value

For the Specialty Industrial Machinery subindustry, MingYang Smart Energy Group'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.


MingYang Smart Energy Group's Price-to-Median-PS-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where MingYang Smart Energy Group's Price-to-Median-PS-Value falls into.



MingYang Smart Energy Group Median PS Value Calculation

MingYang Smart Energy Group's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=11.696*0
=0.00

10-Year Median PS Ratio is 0.
MingYang Smart Energy Group'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 ¥11.696.

* 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.


MingYang Smart Energy Group  (SHSE:601615) 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.

MingYang Smart Energy Group's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=14.42/0.00
=

* 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.


MingYang Smart Energy Group Median PS Value Related Terms

Thank you for viewing the detailed overview of MingYang Smart Energy Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


MingYang Smart Energy Group Business Description

Traded in Other Exchanges
N/A
Address
Mingyang Industrial Park, No. 22, Huoju Avenue, Zhongshan Torch High-tech Industrial Development Zone, Zhongshan, Guangdong, CHN, 528400
MingYang Smart Energy Group Ltd is a wind turbine manufacturer, that provides accessible green and smart energy, and a full lifecycle renewable solutions provider. The Group's business is divided into three segments: wind turbine manufacturing and sales, wind and solar farm development and operation, and other renewable energy services.
Executives
Zhang Chuan Wei Directors, senior managers
Shen Zhong Min Directors, senior managers
Zhang Qi Ying Directors, senior managers
Yu Jiang Tao senior management
Liang Cai Fa senior management
Wang Dong Dong senior management
Yi Ling Na senior management
Zhang Zhong Hai senior management
Wang Jin Fa Directors, senior managers
Cheng Jia Wan senior management
Liu Jian Jun senior management
Yang Pu senior management
Zhang Rui Director

MingYang Smart Energy Group Headlines

No Headlines