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Western Securities Co (SZSE:002673) Median PS Value : ¥14.07 (As of Jun. 08, 2024)


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What is Western Securities 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. Western Securities Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1.492. Western Securities Co's 10-Year median PS Ratio is 9.4303. Therefore, the Median PS Value for today is ¥14.07.

As of today (2024-06-08), Western Securities Co's share price is ¥6.50. Western Securities Co's Median PS Value is ¥14.07. Therefore, Western Securities Co's Price to Median PS Value for today is 0.46.

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

SZSE:002673' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.36   Med: 0.44   Max: 0.49
Current: 0.46

During the past 13 years, the highest Price to Median PS Value of Western Securities Co was 0.49. The lowest was 0.36. And the median was 0.44.

SZSE:002673's Price-to-Median-PS-Value is ranked better than
88.06% of 360 companies
in the Capital Markets industry
Industry Median: 1.045 vs SZSE:002673: 0.46

Western Securities Co Median PS Value Historical Data

The historical data trend for Western Securities 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.

Western Securities Co Median PS Value Chart

Western Securities 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 - - 18.02 12.94 15.04

Western Securities 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 14.36 14.87 14.86 15.04 14.07

Competitive Comparison of Western Securities Co's Median PS Value

For the Capital Markets subindustry, Western Securities 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.


Western Securities Co's Price-to-Median-PS-Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Western Securities Co's Price-to-Median-PS-Value distribution charts can be found below:

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



Western Securities Co Median PS Value Calculation

Western Securities Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1.492*9.4303
=14.07

10-Year Median PS Ratio is 9.4303.
Western Securities 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 ¥1.492.

* 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.


Western Securities Co  (SZSE:002673) 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.

Western Securities Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=6.50/14.07
=0.46

* 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.


Western Securities Co Median PS Value Related Terms

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Western Securities Co (SZSE:002673) Business Description

Traded in Other Exchanges
N/A
Address
No. 319, Dongxin Street, Room 10000, Building 8, Xincheng District, Shaanxi, Xian, CHN, 710004
Western Securities Co Ltd is a securities institution in northwest China. It offers securities brokerage, investment banking, asset management, securities research, and securities financing and margin services, as well as independent services. Geographically all the activities are carried out through China.
Executives
Duan Ya Lin Independent director
Huang Bin Secretary Dong
Wang Shang Gan Supervisors
Zhuang Qi Fei Director
Chen Bao Min Supervisors
Qiu Xu Dong Executives

Western Securities Co (SZSE:002673) Headlines

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