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, Kingworld Medicines Group's share price is HK$0.63.
Kingworld Medicines Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.99. Hence, Kingworld Medicines Group's PS Ratio for today is 0.32.
The historical rank and industry rank for Kingworld Medicines Group's PS Ratio or its related term are showing as below:
HKSE:01110'
s PS Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.55 Max: 2.89
Current: 0.32
During the past 13 years, Kingworld Medicines Group's highest PS Ratio was 2.89. The lowest was 0.24. And the median was 0.55.
HKSE:01110's PS Ratio is ranked better than 85.63% of 654
companies
in the Healthcare Providers & Services industry
Industry Median: 1.57
vs HKSE:01110: 0.32
During the past 12 months, the average Revenue per Share Growth Rate of Kingworld Medicines Group was 13.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 11.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 0.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.90% per year.
During the past 13 years, Kingworld Medicines Group's highest 3-Year average Revenue per Share Growth Rate was 16.80% per year. The lowest was -10.70% per year. And the median was -0.60% per year.
Back to Basics: PS Ratio
Kingworld Medicines Group PS Ratio Historical Data
* 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 Kingworld Medicines Group's PS Ratio
For the Pharmaceutical Retailers subindustry, Kingworld Medicines Group'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.
Kingworld Medicines Group's PS Ratio Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Kingworld Medicines Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Kingworld Medicines Group's PS Ratio falls into.
Kingworld Medicines Group PS Ratio Calculation
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.
Kingworld Medicines Group's Share Price of today is HK$0.63.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kingworld Medicines Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.99.
* 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:
Kingworld Medicines Group (HKSE:01110) 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.
Kingworld Medicines Group PS Ratio Related Terms
Thank you for viewing the detailed overview of Kingworld Medicines Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Kingworld Medicines Group (HKSE:01110) Business Description
Kingworld Medicines Group Ltd is engaged in Distribution sales of pharmaceutical and healthcare products such as branded imported pharmaceutical and healthcare products primarily in Hong Kong and the PRC, and Manufacturing and sales of electrotherapeutic and physiotherapeutic devices and general medical examination devices primarily carried out in the PRC. It derives the majority of its revenue from Distribution sales of pharmaceutical and healthcare products segment.
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