The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, China Huarong Energy Co's share price is HK$0.02.
China Huarong Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.01. Hence, China Huarong Energy Co's PS Ratio for today is 2.86.
Good Sign:
China Huarong Energy Co Ltd stock PS Ratio (=2.5) is close to 1-year low of 2.5.
The historical rank and industry rank for China Huarong Energy Co's PS Ratio or its related term are showing as below:
HKSE:01101'
s PS Ratio Range Over the Past 10 Years
Min: 1.03 Med: 5 Max: 37.5
Current: 2.86
During the past 13 years, China Huarong Energy Co's highest PS Ratio was 37.50. The lowest was 1.03. And the median was 5.00.
HKSE:01101's PS Ratio is ranked worse than 79.27% of 902
companies
in the Oil & Gas industry
Industry Median: 0.99
vs HKSE:01101: 2.86
During the past 13 years, China Huarong Energy Co's highest 3-Year average Revenue per Share Growth Rate was 44.20% per year. The lowest was -70.50% per year. And the median was -27.35% per year.
* 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.
Competitive Comparison of China Huarong Energy Co's PS Ratio
For the Oil & Gas E&P subindustry, China Huarong Energy Co's PS Ratio, along with its competitors' market caps and PS Ratio 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.
China Huarong Energy Co's PS Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Huarong Energy Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Huarong Energy Co's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
China Huarong Energy Co's Share Price of today is HK$0.02.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Huarong Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.01.
* 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.
It can also be calculated from the numbers for the whole company:
China Huarong Energy Co (HKSE:01101) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
China Huarong Energy Co PS Ratio Related Terms
Thank you for viewing the detailed overview of China Huarong Energy Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China Huarong Energy Co Ltd is a company principally engaged in the business of energy exploration and production focusing on oil and gas-related customers and markets. Its projects include approximately four oilfields located in the Fergana Valley of the Republic of Kyrgyzstan. The company's reportable segments are; Energy exploration and production which generates revenue from sales of crude oil in Kyrgyzstan; and the Oil storage and trading segment which generates key revenue for the firm is engaged in renting its capacity in the provision of oil storage services and trading the relevant commodities in China. Geographically, the company generates a majority of its revenue from China and the rest from Kyrgyzstan.
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