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China National Accord Medicines (SZSE:000028) Median PS Value : ¥57.44 (As of May. 26, 2024)


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What is China National Accord Medicines 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 National Accord Medicines's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥136.283. China National Accord Medicines's 10-Year median PS Ratio is 0.4215. Therefore, the Median PS Value for today is ¥57.44.

As of today (2024-05-26), China National Accord Medicines's share price is ¥38.33. China National Accord Medicines's Median PS Value is ¥57.44. Therefore, China National Accord Medicines's Price to Median PS Value for today is 0.66.

The historical rank and industry rank for China National Accord Medicines's Median PS Value or its related term are showing as below:

SZSE:000028' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.33   Med: 0.65   Max: 1.67
Current: 0.66

During the past 13 years, the highest Price to Median PS Value of China National Accord Medicines was 1.67. The lowest was 0.33. And the median was 0.65.

SZSE:000028's Price-to-Median-PS-Value is ranked better than
81.48% of 54 companies
in the Medical Distribution industry
Industry Median: 0.905 vs SZSE:000028: 0.66

China National Accord Medicines Median PS Value Historical Data

The historical data trend for China National Accord Medicines'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 National Accord Medicines Median PS Value Chart

China National Accord Medicines 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 58.89 61.58 66.76 67.66 60.30

China National Accord Medicines 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 66.78 66.36 63.48 60.30 57.44

Competitive Comparison of China National Accord Medicines's Median PS Value

For the Medical Distribution subindustry, China National Accord Medicines'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 National Accord Medicines's Price-to-Median-PS-Value Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, China National Accord Medicines's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where China National Accord Medicines's Price-to-Median-PS-Value falls into.



China National Accord Medicines Median PS Value Calculation

China National Accord Medicines's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=136.283*0.4215
=57.44

10-Year Median PS Ratio is 0.4215.
China National Accord Medicines'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 ¥136.283.

* 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 National Accord Medicines  (SZSE:000028) 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 National Accord Medicines's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=38.33/57.44
=0.67

* 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 National Accord Medicines Median PS Value Related Terms

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China National Accord Medicines (SZSE:000028) Business Description

Traded in Other Exchanges
Address
No. 15, Ba Gua Si 4th Road, Accord Pharmaceutical Building, Futian District, Guangdong Province, Shenzhen, CHN, 518029
China National Accord Medicines Corp Ltd develops and manufactures pharmaceuticals in China. The company engaged in the wholesale of Chinese patent drugs, traditional Chinese medicines, chemical medicine preparations, antibiotics, biochemical drugs and cerebrovascular system drugs. It operates through the following segments: The Head office segment engages in investing and managing the business; The Pharmaceutical Distribution segment engages in the distribution of medicine and pharmaceutical products to customers, including hospitals, other distributors, retail drug stores, and clinics, and Retail pharmacy segment, which is managing the operation of Guoda Pharmacy. It generates maximum revenue from the Pharmaceutical Distribution segment.
Executives
Su Wei Wei Independent director
Chen Chang Bing Secretary Dong
Peng Juan Director
Fu Ming Zhong Director

China National Accord Medicines (SZSE:000028) Headlines

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