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Tangshan Jidong Equipment Engineering Co (SZSE:000856) Median PS Value : ¥10.12 (As of Apr. 15, 2025)


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What is Tangshan Jidong Equipment Engineering 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. Tangshan Jidong Equipment Engineering Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was ¥10.994. Tangshan Jidong Equipment Engineering Co's 10-Year median PS Ratio is 0.9205. Therefore, the Median PS Value for today is ¥10.12.

As of today (2025-04-15), Tangshan Jidong Equipment Engineering Co's share price is ¥9.86. Tangshan Jidong Equipment Engineering Co's Median PS Value is ¥10.12. Therefore, Tangshan Jidong Equipment Engineering Co's Price to Median PS Value for today is 0.97.

The historical rank and industry rank for Tangshan Jidong Equipment Engineering Co's Median PS Value or its related term are showing as below:

SZSE:000856' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.48   Med: 0.72   Max: 1.92
Current: 0.97

During the past 13 years, the highest Price to Median PS Value of Tangshan Jidong Equipment Engineering Co was 1.92. The lowest was 0.48. And the median was 0.72.

SZSE:000856's Price-to-Median-PS-Value is ranked better than
53.52% of 966 companies
in the Construction industry
Industry Median: 1.02 vs SZSE:000856: 0.97

Tangshan Jidong Equipment Engineering Co Median PS Value Historical Data

The historical data trend for Tangshan Jidong Equipment Engineering 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.

Tangshan Jidong Equipment Engineering Co Median PS Value Chart

Tangshan Jidong Equipment Engineering Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.90 16.19 15.03 13.70 10.12

Tangshan Jidong Equipment Engineering Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 13.70 12.82 11.51 10.66 10.12

Competitive Comparison of Tangshan Jidong Equipment Engineering Co's Median PS Value

For the Building Products & Equipment subindustry, Tangshan Jidong Equipment Engineering 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.


Tangshan Jidong Equipment Engineering Co's Price-to-Median-PS-Value Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tangshan Jidong Equipment Engineering Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tangshan Jidong Equipment Engineering Co's Price-to-Median-PS-Value falls into.


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Tangshan Jidong Equipment Engineering Co Median PS Value Calculation

Tangshan Jidong Equipment Engineering Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=10.994*0.9205
=10.12

10-Year Median PS Ratio is 0.9205.
Tangshan Jidong Equipment Engineering Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥10.994.

* 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.


Tangshan Jidong Equipment Engineering Co  (SZSE:000856) 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.

Tangshan Jidong Equipment Engineering Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=9.86/10.12
=0.97

* 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.


Tangshan Jidong Equipment Engineering Co Median PS Value Related Terms

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Tangshan Jidong Equipment Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
No.1, Daqing Road, Hebei Province, Tangshan, CHN, 063020
Tangshan Jidong Equipment Engineering Co Ltd is mainly engaged in the design, development, production, and sales of daily porcelains, sanitary wares, wall and floor tiles, special ceramics, refractory materials, and building ceramics in China. The company has developed into three business sectors including equipment technology research and development, equipment manufacturing, construction, and maintenance. The company concentrates on cement equipment research and development, a production line with the design, energy-saving equipment, new energy equipment, building materials equipment manufacturing, construction, maintenance, and engineering at home and abroad in one stock company.
Executives
Wang Xiao Hua Director
Peng Fu Hua Executives

Tangshan Jidong Equipment Engineering Co Headlines

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