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China Tourism Group Duty Free (SHSE:601888) Median PS Value : ¥101.67 (As of Apr. 28, 2024)


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What is China Tourism Group Duty Free 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. China Tourism Group Duty Free's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥31.697. China Tourism Group Duty Free's 10-Year median PS Ratio is 3.2076. Therefore, the Median PS Value for today is ¥101.67.

As of today (2024-04-28), China Tourism Group Duty Free's share price is ¥74.26. China Tourism Group Duty Free's Median PS Value is ¥101.67. Therefore, China Tourism Group Duty Free's Price to Median PS Value for today is 0.73.

The historical rank and industry rank for China Tourism Group Duty Free's Median PS Value or its related term are showing as below:

SHSE:601888' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.73   Med: 2.3   Max: 4.81
Current: 0.73

During the past 13 years, the highest Price to Median PS Value of China Tourism Group Duty Free was 4.81. The lowest was 0.73. And the median was 2.30.

SHSE:601888's Price-to-Median-PS-Value is ranked better than
68.51% of 616 companies
in the Retail - Cyclical industry
Industry Median: 0.94 vs SHSE:601888: 0.73

China Tourism Group Duty Free Median PS Value Historical Data

The historical data trend for China Tourism Group Duty Free'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.

China Tourism Group Duty Free Median PS Value Chart

China Tourism Group Duty Free 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 53.34 58.76 85.66 77.80 104.82

China Tourism Group Duty Free 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 86.13 96.20 102.19 104.82 101.67

Competitive Comparison of China Tourism Group Duty Free's Median PS Value

For the Specialty Retail subindustry, China Tourism Group Duty Free'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.


China Tourism Group Duty Free's Price-to-Median-PS-Value Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's Price-to-Median-PS-Value falls into.



China Tourism Group Duty Free Median PS Value Calculation

China Tourism Group Duty Free's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=31.697*3.2076
=101.67

10-Year Median PS Ratio is 3.2076.
China Tourism Group Duty Free'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 ¥31.697.

* 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.


China Tourism Group Duty Free  (SHSE:601888) 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.

China Tourism Group Duty Free's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=74.26/101.67
=0.73

* 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.


China Tourism Group Duty Free Median PS Value Related Terms

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China Tourism Group Duty Free (SHSE:601888) Business Description

Traded in Other Exchanges
Address
No. 2A, Dongzhimenwai Street, 8th Floor, Block A, Dongcheng District, Beijing, CHN, 100027
China Tourism Group Duty Free Corp Ltd is an investment holding company. The company's segments include Retail and Property. It generates maximum revenue from the Retail segment. The Retail segment offers a comprehensive series of duty-free and duty-paid merchandise to customers in Mainland China, Hong Kong, Macau, Cambodia, etc, through its travel retail business. It also engages sales of duty-free and duty-paid merchandise and income from provision of related services.

China Tourism Group Duty Free (SHSE:601888) Headlines

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