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Solomon Systech (International) (HKSE:02878) PS Ratio : 0.76 (As of Jun. 22, 2024)


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What is Solomon Systech (International) PS Ratio?

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, Solomon Systech (International)'s share price is HK$0.365. Solomon Systech (International)'s Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.48. Hence, Solomon Systech (International)'s PS Ratio for today is 0.76.

Warning Sign:

Solomon Systech (International) Ltd stock PS Ratio (=0.74) is close to 1-year high of 0.77

The historical rank and industry rank for Solomon Systech (International)'s PS Ratio or its related term are showing as below:

HKSE:02878' s PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.35   Max: 3.17
Current: 0.76

During the past 13 years, Solomon Systech (International)'s highest PS Ratio was 3.17. The lowest was 0.26. And the median was 1.35.

HKSE:02878's PS Ratio is ranked better than
85.9% of 986 companies
in the Semiconductors industry
Industry Median: 3.33 vs HKSE:02878: 0.76

Solomon Systech (International)'s Revenue per Sharefor the six months ended in Dec. 2023 was HK$0.21. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.48.

Warning Sign:

Solomon Systech (International) 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 Solomon Systech (International) was -19.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 12.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 13.20% per year.

During the past 13 years, Solomon Systech (International)'s highest 3-Year average Revenue per Share Growth Rate was 24.80% per year. The lowest was -37.90% per year. And the median was 6.05% per year.

Back to Basics: PS Ratio


Solomon Systech (International) PS Ratio Historical Data

The historical data trend for Solomon Systech (International)'s PS Ratio 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.

Solomon Systech (International) PS Ratio Chart

Solomon Systech (International) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.67 1.46 1.04 0.67

Solomon Systech (International) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PS Ratio Get a 7-Day Free Trial 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 1.46 - 1.04 - 0.67

Competitive Comparison of Solomon Systech (International)'s PS Ratio

For the Semiconductors subindustry, Solomon Systech (International)'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.


Solomon Systech (International)'s PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solomon Systech (International)'s PS Ratio distribution charts can be found below:

* The bar in red indicates where Solomon Systech (International)'s PS Ratio falls into.



Solomon Systech (International) 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.

Solomon Systech (International)'s PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.365/0.48
=0.76

Solomon Systech (International)'s Share Price of today is HK$0.365.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Solomon Systech (International)'s Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.48.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Solomon Systech (International)  (HKSE:02878) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Solomon Systech (International) PS Ratio Related Terms

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Solomon Systech (International) (HKSE:02878) Business Description

Traded in Other Exchanges
Address
No. 3 Science Park East Avenue, 6th Floor, Unit 607–613, Wireless Centre, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Solomon Systech (International) Ltd, along with its subsidiaries is a semiconductor company specializing in the design, development, and sales of integrated circuit products and system solutions for various applications like smartphones, smart televisions, and other smart devices including consumer electronics products, wearables, portable devices, and industrial appliances. Geographically, the company's business is spread across Taiwan, China, Europe, Japan, Korea, South East Asia, the United States of America, and other regions. Hong Kong generates maximum revenue for the company.
Executives
Huada Semiconductor Co., Ltd 2101 Beneficial owner
Zhong Guo Dian Zi Xin Xi Chan Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Dian Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Yeh Tsuei Chi 2101 Beneficial owner

Solomon Systech (International) (HKSE:02878) Headlines

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