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Shenzhen Mindray Bio-Medical Electronics Co Median PS Value

: CN¥142.22 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical mean in terms of Price/Sales Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because Price/Sales Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median P/S Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median P/S ratio. Shenzhen Mindray Bio-Medical Electronics Co's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2019 was CN¥12.894. Shenzhen Mindray Bio-Medical Electronics Co's 10-Year median P/S ratio is 11.03. Therefore, the Median P/S Value for today is CN¥142.22.

As of today (2019-10-20), Shenzhen Mindray Bio-Medical Electronics Co's share price is CN¥176.90. Shenzhen Mindray Bio-Medical Electronics Co's median P/S value is CN¥142.22. Therefore, Shenzhen Mindray Bio-Medical Electronics Co's Price to Median P/S Value Ratio for today is 1.24.

SZSE:300760' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.82   Max: 1.35
Current: 1.24

0.82
1.35

During the past 5 years, the highest Price to Median P/S Value Ratio of Shenzhen Mindray Bio-Medical Electronics Co was 1.35. The lowest was 0.82. And the median was 0.99.

SZSE:300760's Price-to-Median-PS-Value is ranked lower than
77% of the 302 Companies
in the Medical Devices industry.

( Industry Median: 0.81 vs. SZSE:300760: 1.24 )

Shenzhen Mindray Bio-Medical Electronics Co Median PS Value Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Shenzhen Mindray Bio-Medical Electronics Co Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18
Median PS Value 0.00 0.00 0.00 57.72 136.32

Shenzhen Mindray Bio-Medical Electronics Co Quarterly Data
Dec14 Dec15 Dec16 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Median PS Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 126.32 132.53 136.32 139.15 142.22

Competitive Comparison
* 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.


Shenzhen Mindray Bio-Medical Electronics Co Median PS Value Distribution

* The bar in red indicates where Shenzhen Mindray Bio-Medical Electronics Co's Median PS Value falls into.



Shenzhen Mindray Bio-Medical Electronics Co Median PS Value Calculation

Shenzhen Mindray Bio-Medical Electronics Co's Median P/S Value for today is calculated as

Median P/S Value=Total Annual Sales / Shares Outstanding*10-Year Median P/S Ratio
=Revenue per Share (TTM)*10-Year Median P/S Ratio
=12.894*11.03
=142.22

10-Year Median P/S Ratio is 11.03.
Shenzhen Mindray Bio-Medical Electronics Co's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2019 was 3.184 (Sep. 2018 ) + 2.956 (Dec. 2018 ) + 3.224 (Mar. 2019 ) + 3.53 (Jun. 2019 ) = CN¥12.894.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Shenzhen Mindray Bio-Medical Electronics Co  (SZSE:300760) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical mean in terms of Price/Sales Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because Price/Sales 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.

Shenzhen Mindray Bio-Medical Electronics Co's Price to Median P/S Value Ratio for today is calculated as

Price to Median P/S Value=Share Price/Median P/S Value
=176.90/142.22
=1.24

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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