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Qingdao Topscomm Communication (SHSE:603421) Median PS Value : ¥0.00 (As of Apr. 27, 2024)


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What is Qingdao Topscomm Communication 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. Qingdao Topscomm Communication's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was ¥5.497. Qingdao Topscomm Communication's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is ¥0.00.

As of today (2024-04-27), Qingdao Topscomm Communication's share price is ¥6.04. Qingdao Topscomm Communication's Median PS Value is ¥0.00. Therefore, Qingdao Topscomm Communication's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Qingdao Topscomm Communication's Median PS Value or its related term are showing as below:

SHSE:603421's Price-to-Median-PS-Value is not ranked *
in the Hardware industry.
Industry Median: 1.11
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Qingdao Topscomm Communication Median PS Value Historical Data

The historical data trend for Qingdao Topscomm Communication'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.

Qingdao Topscomm Communication Median PS Value Chart

Qingdao Topscomm Communication Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Median PS Value
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Qingdao Topscomm Communication Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Qingdao Topscomm Communication's Median PS Value

For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication'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.


Qingdao Topscomm Communication's Price-to-Median-PS-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Qingdao Topscomm Communication's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Qingdao Topscomm Communication's Price-to-Median-PS-Value falls into.



Qingdao Topscomm Communication Median PS Value Calculation

Qingdao Topscomm Communication's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=5.497*0
=0.00

10-Year Median PS Ratio is 0.
Qingdao Topscomm Communication's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥5.497.

* 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.


Qingdao Topscomm Communication  (SHSE:603421) 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.

Qingdao Topscomm Communication's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=6.04/0.00
=

* 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.


Qingdao Topscomm Communication Median PS Value Related Terms

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Qingdao Topscomm Communication (SHSE:603421) Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Ningxia Road, 5th Floor, No. 6 Building, Qingdao Software Park, Shinan District, Qingdao City, CHN, 266024
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.

Qingdao Topscomm Communication (SHSE:603421) Headlines

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