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Zhejiang Runtu Co (SZSE:002440) Median PS Value : ¥9.71 (As of May. 27, 2024)


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What is Zhejiang Runtu 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. Zhejiang Runtu Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4.568. Zhejiang Runtu Co's 10-Year median PS Ratio is 2.1257. Therefore, the Median PS Value for today is ¥9.71.

As of today (2024-05-27), Zhejiang Runtu Co's share price is ¥6.45. Zhejiang Runtu Co's Median PS Value is ¥9.71. Therefore, Zhejiang Runtu Co's Price to Median PS Value for today is 0.66.

The historical rank and industry rank for Zhejiang Runtu Co's Median PS Value or its related term are showing as below:

SZSE:002440' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.57   Med: 0.77   Max: 0.9
Current: 0.66

During the past 13 years, the highest Price to Median PS Value of Zhejiang Runtu Co was 0.90. The lowest was 0.57. And the median was 0.77.

SZSE:002440's Price-to-Median-PS-Value is ranked better than
81.54% of 856 companies
in the Chemicals industry
Industry Median: 1.02 vs SZSE:002440: 0.66

Zhejiang Runtu Co Median PS Value Historical Data

The historical data trend for Zhejiang Runtu 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.

Zhejiang Runtu Co Median PS Value Chart

Zhejiang Runtu 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 - 10.82 10.69 12.07 10.61

Zhejiang Runtu 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 12.10 11.29 10.78 10.61 9.71

Competitive Comparison of Zhejiang Runtu Co's Median PS Value

For the Specialty Chemicals subindustry, Zhejiang Runtu 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.


Zhejiang Runtu Co's Price-to-Median-PS-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Runtu Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Zhejiang Runtu Co's Price-to-Median-PS-Value falls into.



Zhejiang Runtu Co Median PS Value Calculation

Zhejiang Runtu Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=4.568*2.1257
=9.71

10-Year Median PS Ratio is 2.1257.
Zhejiang Runtu 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 ¥4.568.

* 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.


Zhejiang Runtu Co  (SZSE:002440) 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.

Zhejiang Runtu Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=6.45/9.71
=0.66

* 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.


Zhejiang Runtu Co Median PS Value Related Terms

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Zhejiang Runtu Co (SZSE:002440) Business Description

Traded in Other Exchanges
N/A
Address
daoxu town, shangyu city, zhejiang province, CHN
Zhejiang Runtu Co Ltd produces and sells disperse, reactive, direct, blended, cation, and original dyes. The company also deals in chemical intermediates, textile auxiliaries, insurance powder, sulfuric acid, chlor-alkali, and hydrogen peroxide.
Executives
Zhao Guo Sheng Directors, executives
Ruan Jia Chun Director
Ruan Xing Xiang Director
Ruan Guang Dong Directors, executives
Chen He Mei Independent director
Zhou Cheng Yu Executives
Xu Wan Fu Directors, executives
Ruan Jing Bo Director
Qi Rong Hua Securities Affairs Representative
Luo Yi Jia Supervisors
Han Ming Juan Supervisors
Jing Zhe Hu Executives
Liu Bo Ping Securities Affairs Representative
Zhang Tian Fu Independent director
Ruan Jia Gen Director

Zhejiang Runtu Co (SZSE:002440) Headlines

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