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, Billion Industrial Holdings's share price is HK$4.38.
Billion Industrial Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$10.69. Hence, Billion Industrial Holdings's PS Ratio for today is 0.41.
Good Sign:
Billion Industrial Holdings Ltd stock PS Ratio (=0.48) is close to 10-year low of 0.44
The historical rank and industry rank for Billion Industrial Holdings's PS Ratio or its related term are showing as below:
HKSE:02299'
s PS Ratio Range Over the Past 10 Years
Min: 0.41 Med: 1.12 Max: 3.08
Current: 0.42
During the past 13 years, Billion Industrial Holdings's highest PS Ratio was 3.08. The lowest was 0.41. And the median was 1.12.
During the past 12 months, the average Revenue per Share Growth Rate of Billion Industrial Holdings was 36.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 24.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 17.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 11.70% per year.
During the past 13 years, Billion Industrial Holdings's highest 3-Year average Revenue per Share Growth Rate was 24.80% per year. The lowest was -3.50% per year. And the median was 6.60% per year.
Back to Basics: PS Ratio
Billion Industrial Holdings 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 Billion Industrial Holdings's PS Ratio
For the Textile Manufacturing subindustry, Billion Industrial Holdings'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.
Billion Industrial Holdings's PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Billion Industrial Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where Billion Industrial Holdings's PS Ratio falls into.
Billion Industrial Holdings 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.
Billion Industrial Holdings's Share Price of today is HK$4.38.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Billion Industrial Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$10.69.
* 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:
Billion Industrial Holdings (HKSE:02299) 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.
Billion Industrial Holdings PS Ratio Related Terms
Thank you for viewing the detailed overview of Billion Industrial Holdings's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Billion Industrial Holdings Ltd is an investment holding. The company develops, manufactures, and sells polyester filament yarns and polyester thin films, polyester products, polyester industrial yarns products and ES fiber products in the People's Republic of China. Its polyester filament yarns include drawn textured, fully drawn, and partially oriented yarns for use in the production of fabrics and textiles for various consumer products, including apparel, footwear, and home furnishings.
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