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Meisheng Cultural and Creative (SZSE:002699) Median PS Value : ¥6.76 (As of May. 30, 2024)


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What is Meisheng Cultural and Creative 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. Meisheng Cultural and Creative's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1.067. Meisheng Cultural and Creative's 10-Year median PS Ratio is 6.3355. Therefore, the Median PS Value for today is ¥6.76.

As of today (2024-05-30), Meisheng Cultural and Creative's share price is ¥0.41. Meisheng Cultural and Creative's Median PS Value is ¥6.76. Therefore, Meisheng Cultural and Creative's Price to Median PS Value for today is 0.06.

The historical rank and industry rank for Meisheng Cultural and Creative's Median PS Value or its related term are showing as below:

SZSE:002699' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.06   Med: 0.23   Max: 0.31
Current: 0.06

During the past 13 years, the highest Price to Median PS Value of Meisheng Cultural and Creative was 0.31. The lowest was 0.06. And the median was 0.23.

SZSE:002699's Price-to-Median-PS-Value is ranked better than
98.38% of 370 companies
in the Conglomerates industry
Industry Median: 0.945 vs SZSE:002699: 0.06

Meisheng Cultural and Creative Median PS Value Historical Data

The historical data trend for Meisheng Cultural and Creative'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.

Meisheng Cultural and Creative Median PS Value Chart

Meisheng Cultural and Creative 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 - - - 12.14 7.60

Meisheng Cultural and Creative 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 10.93 8.10 8.05 7.60 6.76

Competitive Comparison of Meisheng Cultural and Creative's Median PS Value

For the Conglomerates subindustry, Meisheng Cultural and Creative'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.


Meisheng Cultural and Creative's Price-to-Median-PS-Value Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Meisheng Cultural and Creative's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Meisheng Cultural and Creative's Price-to-Median-PS-Value falls into.



Meisheng Cultural and Creative Median PS Value Calculation

Meisheng Cultural and Creative's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1.067*6.3355
=6.76

10-Year Median PS Ratio is 6.3355.
Meisheng Cultural and Creative'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 ¥1.067.

* 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.


Meisheng Cultural and Creative  (SZSE:002699) 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.

Meisheng Cultural and Creative's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.41/6.76
=0.06

* 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.


Meisheng Cultural and Creative Median PS Value Related Terms

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Meisheng Cultural and Creative (SZSE:002699) Business Description

Traded in Other Exchanges
N/A
Address
Xinchang Provincial High-tech Park, Zhejiang Province, Shaoxing, CHN, 312500
Meisheng Cultural and Creative Corp Ltd is a China-based company principally engaged in culture industry related businesses. The company's products mainly include Intellectual Property (IP) derivatives, traditional derivatives, animation, games, films and television and other cultural industry products.
Executives
Zhang Yan Executives
Pan Jing Executives
Shu Min Independent director
Zhu Lin Fang Executives
Xiong Xu Feng Executives
Yuan Xian Miao Directors, executives
Chen Wen Independent director

Meisheng Cultural and Creative (SZSE:002699) Headlines

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