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, CGN New Energy Holdings Co's share price is HK$3.02.
CGN New Energy Holdings Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4.00. Hence, CGN New Energy Holdings Co's PS Ratio for today is 0.76.
Warning Sign:
CGN New Energy Holdings Co Ltd stock PS Ratio (=0.75) is close to 1-year high of 0.76
The historical rank and industry rank for CGN New Energy Holdings Co's PS Ratio or its related term are showing as below:
HKSE:01811'
s PS Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.59 Max: 3.98
Current: 0.75
During the past 11 years, CGN New Energy Holdings Co's highest PS Ratio was 3.98. The lowest was 0.34. And the median was 0.59.
CGN New Energy Holdings Co Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of CGN New Energy Holdings Co was -9.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 24.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 14.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.00% per year.
During the past 11 years, CGN New Energy Holdings Co's highest 3-Year average Revenue per Share Growth Rate was 24.30% per year. The lowest was -13.90% per year. And the median was 6.05% per year.
Back to Basics: PS Ratio
CGN New Energy Holdings Co 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 CGN New Energy Holdings Co's PS Ratio
For the Utilities - Independent Power Producers subindustry, CGN New Energy Holdings 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.
CGN New Energy Holdings Co's PS Ratio Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, CGN New Energy Holdings Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where CGN New Energy Holdings Co's PS Ratio falls into.
CGN New Energy Holdings Co 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.
CGN New Energy Holdings Co's Share Price of today is HK$3.02.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. CGN New Energy Holdings Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4.00.
* 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.
It can also be calculated from the numbers for the whole company:
CGN New Energy Holdings Co (HKSE:01811) 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.
CGN New Energy Holdings Co PS Ratio Related Terms
Thank you for viewing the detailed overview of CGN New Energy Holdings Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
CGN New Energy Holdings Co (HKSE:01811) Business Description
CGN New Energy Holdings Co Ltd together with its subsidiaries is engaged in the generation and supply of electricity and steam, the construction and operation of power stations, and other associated facilities in PRC and Korea. The company has three reportable segments; Power plants in the PRC include the Generation and supply of electricity, Power plants in Korea include the Generation and supply of electricity, and Management companies include the Provision of management services to power plants operated by CGN and its subsidiaries.
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