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 Glass Holdings's share price is HK$0.455.
China Glass Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$3.79. Hence, China Glass Holdings's PS Ratio for today is 0.12.
Good Sign:
China Glass Holdings Ltd stock PS Ratio (=0.13) is close to 10-year low of 0.12
The historical rank and industry rank for China Glass Holdings's PS Ratio or its related term are showing as below:
HKSE:03300'
s PS Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.38 Max: 1.91
Current: 0.12
During the past 13 years, China Glass Holdings's highest PS Ratio was 1.91. The lowest was 0.12. And the median was 0.38.
HKSE:03300's PS Ratio is ranked better than 97.22% of 395
companies
in the Building Materials industry
Industry Median: 1.27
vs HKSE:03300: 0.12
During the past 12 months, the average Revenue per Share Growth Rate of China Glass Holdings was 32.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 15.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 18.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 7.30% per year.
During the past 13 years, China Glass Holdings's highest 3-Year average Revenue per Share Growth Rate was 74.60% per year. The lowest was -17.30% per year. And the median was 9.80% per year.
Back to Basics: PS Ratio
China Glass Holdings PS Ratio Historical Data
The historical data trend for China Glass Holdings'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.
Competitive Comparison of China Glass Holdings's PS Ratio
For the Building Materials subindustry, China Glass 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.
China Glass Holdings's PS Ratio Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, China Glass Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Glass Holdings's PS Ratio falls into.
China Glass 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.
China Glass Holdings's Share Price of today is HK$0.455.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Glass Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$3.79.
* 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 Glass Holdings (HKSE:03300) 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 Glass Holdings PS Ratio Related Terms
Thank you for viewing the detailed overview of China Glass Holdings's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China Glass Holdings Ltd is engaged in the production, marketing, and distribution of float glass, reflective glass, and other glass products. It has five business segments, Clear glass products; Painted glass products; Coated glass products; Energy saving and new energy glass products, such as ultra clear glass, low emission coated glass, and photovoltaic battery module products; and Designing and installation services of pharmaceutical glass production lines. Geographically, the company has operations in Mainland China, Hong Kong, the Middle East, Nigeria, Italy, Kazakhstan and other countries. It generates a majority of its revenues from the Clear glass products segment.
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