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Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Median PS Value

: ¥0.00 (As of Today)
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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. Tianjin Jinrong Tianyu Precision Machinery's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ¥10.752. Tianjin Jinrong Tianyu Precision Machinery's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is ¥0.00.

As of today (2024-04-19), Tianjin Jinrong Tianyu Precision Machinery's share price is ¥18.54. Tianjin Jinrong Tianyu Precision Machinery's Median PS Value is ¥0.00. Therefore, Tianjin Jinrong Tianyu Precision Machinery's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Tianjin Jinrong Tianyu Precision Machinery's Median PS Value or its related term are showing as below:

SZSE:300988's Price-to-Median-PS-Value is not ranked *
in the Industrial Products industry.
Industry Median: 1.02
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Tianjin Jinrong Tianyu Precision Machinery Median PS Value Historical Data

The historical data trend for Tianjin Jinrong Tianyu Precision Machinery'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.

Tianjin Jinrong Tianyu Precision Machinery Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Tianjin Jinrong Tianyu Precision Machinery Quarterly Data
Dec18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Metal Fabrication subindustry, Tianjin Jinrong Tianyu Precision Machinery'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.


Tianjin Jinrong Tianyu Precision Machinery Price-to-Median-PS-Value Distribution

For the Industrial Products industry and Industrials sector, Tianjin Jinrong Tianyu Precision Machinery's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tianjin Jinrong Tianyu Precision Machinery's Price-to-Median-PS-Value falls into.



Tianjin Jinrong Tianyu Precision Machinery Median PS Value Calculation

Tianjin Jinrong Tianyu Precision Machinery's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=10.752*0
=0.00

10-Year Median PS Ratio is 0.
Tianjin Jinrong Tianyu Precision Machinery's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥10.752.

* 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.


Tianjin Jinrong Tianyu Precision Machinery  (SZSE:300988) 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.

Tianjin Jinrong Tianyu Precision Machinery's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=18.54/0.00
=

* 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.


Tianjin Jinrong Tianyu Precision Machinery Median PS Value Related Terms

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Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Haitai Chuangxin 4th Road, Huayuan Industrial Zone, Tianjin, CHN, 300384
Tianjin Jinrong Tianyu Precision Machinery Co Ltd is engaged in the research and development, production and sales of precision metal molds and related parts.

Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Headlines

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