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.
The historical rank and industry rank for Ganfeng Lithium Group Co's Median PS Value or its related term are showing as below:
SZSE:002460'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.22 Med: 1.16 Max: 2.59
Current: 0.22
During the past 13 years, the highest Price to Median PS Value of Ganfeng Lithium Group Co was 2.59. The lowest was 0.22. And the median was 1.16.
SZSE:002460's Price-to-Median-PS-Value is ranked better than 98.7% of 848
companies
in the Chemicals industry
Industry Median: 0.99
vs SZSE:002460: 0.22
Ganfeng Lithium Group Co Median PS Value Historical Data
* 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.
Competitive Comparison of Ganfeng Lithium Group Co's Median PS Value
For the Chemicals subindustry, Ganfeng Lithium 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.
Ganfeng Lithium Group Co's Price-to-Median-PS-Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ganfeng Lithium Group Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Ganfeng Lithium Group Co's Price-to-Median-PS-Value falls into.
Ganfeng Lithium Group Co Median PS Value Calculation
10-Year Median PS Ratio is 9.7419.
Ganfeng Lithium Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥16.391.
* 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.
Ganfeng Lithium Group Co (SZSE:002460) 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.
Ganfeng Lithium Group Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
34.30
/
159.68
=
0.21
* 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.
Ganfeng Lithium Group Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Ganfeng Lithium Group Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Ganfeng Lithium Group Co (SZSE:002460) Business Description
Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.
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