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Hisense Home Appliances Group Co (SZSE:000921) Median PS Value : ¥29.41 (As of May. 25, 2024)


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What is Hisense Home Appliances Group 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. Hisense Home Appliances Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥65.775. Hisense Home Appliances Group Co's 10-Year median PS Ratio is 0.4471. Therefore, the Median PS Value for today is ¥29.41.

As of today (2024-05-25), Hisense Home Appliances Group Co's share price is ¥39.69. Hisense Home Appliances Group Co's Median PS Value is ¥29.41. Therefore, Hisense Home Appliances Group Co's Price to Median PS Value for today is 1.35.

The historical rank and industry rank for Hisense Home Appliances Group Co's Median PS Value or its related term are showing as below:

SZSE:000921' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.44   Med: 0.88   Max: 1.39
Current: 1.35

During the past 13 years, the highest Price to Median PS Value of Hisense Home Appliances Group Co was 1.39. The lowest was 0.44. And the median was 0.88.

SZSE:000921's Price-to-Median-PS-Value is ranked worse than
73.31% of 236 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.96 vs SZSE:000921: 1.35

Hisense Home Appliances Group Co Median PS Value Historical Data

The historical data trend for Hisense Home Appliances Group 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.

Hisense Home Appliances Group Co Median PS Value Chart

Hisense Home Appliances Group Co 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 13.81 16.82 22.77 24.88 28.08

Hisense Home Appliances Group Co 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 24.89 25.88 26.95 28.08 29.41

Competitive Comparison of Hisense Home Appliances Group Co's Median PS Value

For the Furnishings, Fixtures & Appliances subindustry, Hisense Home Appliances Group 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.


Hisense Home Appliances Group Co's Price-to-Median-PS-Value Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hisense Home Appliances Group Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Hisense Home Appliances Group Co's Price-to-Median-PS-Value falls into.



Hisense Home Appliances Group Co Median PS Value Calculation

Hisense Home Appliances Group Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=65.775*0.4471
=29.41

10-Year Median PS Ratio is 0.4471.
Hisense Home Appliances Group Co'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 ¥65.775.

* 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.


Hisense Home Appliances Group Co  (SZSE:000921) 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.

Hisense Home Appliances Group Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=39.69/29.41
=1.35

* 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.


Hisense Home Appliances Group Co Median PS Value Related Terms

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Hisense Home Appliances Group Co (SZSE:000921) Business Description

Traded in Other Exchanges
Address
No. 8 Ronggang Road, Ronggui Street, Shunde District, Guangdong Province, Foshan, CHN, 528303
Hisense Home Appliances Group Co Ltd is a manufacturer of white household electrical appliances in the People's Republic of China, with eight brand names, namely Hisense, Ronshen, KELON, HITACHI, YORK, Gorenje, ASKO, and SANDEN. The company produces electrical appliances like refrigerators, air-conditioners, freezers, washing machines, and Kitchen electrical appliances. The businesses of the Company are set out as follows: HVAC Business Work; Refrigerator and Washing Machine Business Work; Automotive Air Conditioner Compressor and Integrated Thermal Management System Business Work; Smart Home Business Work; Overseas Markets for Home Appliances Business Work and Implementing the Manufacturing Work. The majority of the company's revenue is generated from the domestic market.
Executives
Tang Ye Guo Directors, executives
Fan Wei Supervisors
Dai Hui Zhong Director
Jia Shao Qian Directors, executives
Wang Zhi Gang Executives
Xiao Jian Lin Directors, executives
Wang Jiu Cun Executives

Hisense Home Appliances Group Co (SZSE:000921) Headlines

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