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Lingyi Itech (Guangdong) Co (SZSE:002600) Median PS Value : ¥7.91 (As of Jun. 20, 2024)


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What is Lingyi Itech (Guangdong) 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. Lingyi Itech (Guangdong) Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥5.312. Lingyi Itech (Guangdong) Co's 10-Year median PS Ratio is 1.4891. Therefore, the Median PS Value for today is ¥7.91.

As of today (2024-06-20), Lingyi Itech (Guangdong) Co's share price is ¥5.70. Lingyi Itech (Guangdong) Co's Median PS Value is ¥7.91. Therefore, Lingyi Itech (Guangdong) Co's Price to Median PS Value for today is 0.72.

The historical rank and industry rank for Lingyi Itech (Guangdong) Co's Median PS Value or its related term are showing as below:

SZSE:002600' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.5   Med: 0.71   Max: 0.95
Current: 0.72

During the past 13 years, the highest Price to Median PS Value of Lingyi Itech (Guangdong) Co was 0.95. The lowest was 0.50. And the median was 0.71.

SZSE:002600's Price-to-Median-PS-Value is ranked better than
76.79% of 1521 companies
in the Hardware industry
Industry Median: 1.14 vs SZSE:002600: 0.72

Lingyi Itech (Guangdong) Co Median PS Value Historical Data

The historical data trend for Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) Co Median PS Value Chart

Lingyi Itech (Guangdong) 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 - - 9.29 8.61 7.64

Lingyi Itech (Guangdong) 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 8.53 8.11 8.11 7.64 7.91

Competitive Comparison of Lingyi Itech (Guangdong) Co's Median PS Value

For the Electronic Components subindustry, Lingyi Itech (Guangdong) 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.


Lingyi Itech (Guangdong) Co's Price-to-Median-PS-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lingyi Itech (Guangdong) Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Lingyi Itech (Guangdong) Co's Price-to-Median-PS-Value falls into.



Lingyi Itech (Guangdong) Co Median PS Value Calculation

Lingyi Itech (Guangdong) Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=5.312*1.4891
=7.91

10-Year Median PS Ratio is 1.4891.
Lingyi Itech (Guangdong) 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 ¥5.312.

* 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.


Lingyi Itech (Guangdong) Co  (SZSE:002600) 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.

Lingyi Itech (Guangdong) Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=5.70/7.91
=0.72

* 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.


Lingyi Itech (Guangdong) Co Median PS Value Related Terms

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Lingyi Itech (Guangdong) Co (SZSE:002600) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Longwan Road, GuangDong Province, Jiangmen, CHN, 529000
Lingyi Itech (Guangdong) Co Ltd is a Chinese company that manufactures magnetic materials, precision components and modules, precision structural parts, liquid crystal display modules, capacitive touch screens, wire and cable, motors, trade logistics, and supply chain finance. Its products are used in consumer electronics, automotive control, smart security, smart wear, smart home, new materials, new energy vehicles and other fields.
Executives
Liu Jian Feng Supervisors
Fan Wei Supervisors
Tan Jun Director
Li Xue Hua Supervisors
Li Xiao Qing Executives
Cheng Xin Independent director
Chen Guo Shi Director
Cao Yun Director
Liu Ji Wen Supervisors
Li Zhong Xuan Independent director
Wang Yan Executives
Wang Nan Dong Directors, executives
Zhou Zhan Feng Directors, Directors, and Executives
Liu Gang Directors, executives
Wu Jie Directors, executives

Lingyi Itech (Guangdong) Co (SZSE:002600) Headlines

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