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Luoyang North Glass Technology Co (SZSE:002613) Median PS Value : ¥5.68 (As of May. 25, 2024)


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What is Luoyang North Glass Technology 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. Luoyang North Glass Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1.801. Luoyang North Glass Technology Co's 10-Year median PS Ratio is 3.1538. Therefore, the Median PS Value for today is ¥5.68.

As of today (2024-05-25), Luoyang North Glass Technology Co's share price is ¥4.10. Luoyang North Glass Technology Co's Median PS Value is ¥5.68. Therefore, Luoyang North Glass Technology Co's Price to Median PS Value for today is 0.72.

The historical rank and industry rank for Luoyang North Glass Technology Co's Median PS Value or its related term are showing as below:

SZSE:002613' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.65   Med: 0.85   Max: 1.36
Current: 0.72

During the past 13 years, the highest Price to Median PS Value of Luoyang North Glass Technology Co was 1.36. The lowest was 0.65. And the median was 0.85.

SZSE:002613's Price-to-Median-PS-Value is ranked better than
76.82% of 1562 companies
in the Industrial Products industry
Industry Median: 1.04 vs SZSE:002613: 0.72

Luoyang North Glass Technology Co Median PS Value Historical Data

The historical data trend for Luoyang North Glass Technology 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.

Luoyang North Glass Technology Co Median PS Value Chart

Luoyang North Glass Technology 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 - - 5.64 5.04 5.57

Luoyang North Glass Technology 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 5.02 5.54 5.46 5.57 5.68

Competitive Comparison of Luoyang North Glass Technology Co's Median PS Value

For the Specialty Industrial Machinery subindustry, Luoyang North Glass Technology 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.


Luoyang North Glass Technology Co's Price-to-Median-PS-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luoyang North Glass Technology Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Luoyang North Glass Technology Co's Price-to-Median-PS-Value falls into.



Luoyang North Glass Technology Co Median PS Value Calculation

Luoyang North Glass Technology Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1.801*3.1538
=5.68

10-Year Median PS Ratio is 3.1538.
Luoyang North Glass Technology 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 ¥1.801.

* 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.


Luoyang North Glass Technology Co  (SZSE:002613) 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.

Luoyang North Glass Technology Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=4.10/5.68
=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.


Luoyang North Glass Technology Co Median PS Value Related Terms

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Luoyang North Glass Technology Co (SZSE:002613) Business Description

Traded in Other Exchanges
N/A
Address
20 Binhe Road, High-tech Development Zone, Henan, Luoyang, CHN, 471003
Luoyang North Glass Technology Co Ltd is engaged in the research and development, and design of glass deep processing equipment and glass deep processing products. The products of the company include tempering furnace, coating production line, vertical edging machine, film system, glass screen printing line, and automated connection system.
Executives
Gao Xue Ming Director
Shi Yu An Supervisors
Yang Yuan Xi Executives
Gao Qi Executives
Wang Ji Feng Supervisors
Gao Xue Lin Director
Meng Xian Hui Supervisors
Gao Li Directors, executives
Han Jun Feng Supervisors
Xia Bing Executives
Shi Yan Supervisors
Lei Min Executives
Zhao Luo Ru Executives

Luoyang North Glass Technology Co (SZSE:002613) Headlines

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