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 Starch Holdings's share price is HK$0.186.
China Starch Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.15. Hence, China Starch Holdings's PS Ratio for today is 0.09.
Warning Sign:
China Starch Holdings Ltd stock PS Ratio (=0.09) is close to 1-year high of 0.09
The historical rank and industry rank for China Starch Holdings's PS Ratio or its related term are showing as below:
HKSE:03838'
s PS Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.18 Max: 0.43
Current: 0.09
During the past 13 years, China Starch Holdings's highest PS Ratio was 0.43. The lowest was 0.06. And the median was 0.18.
HKSE:03838's PS Ratio is ranked better than 97.38% of 1869
companies
in the Consumer Packaged Goods industry
Industry Median: 0.96
vs HKSE:03838: 0.09
China Starch Holdings 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 China Starch Holdings was -3.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 7.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 18.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 13.50% per year.
During the past 13 years, China Starch Holdings's highest 3-Year average Revenue per Share Growth Rate was 35.30% per year. The lowest was -39.90% per year. And the median was 10.90% per year.
* 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 Starch Holdings's PS Ratio
For the Packaged Foods subindustry, China Starch 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 Starch Holdings's PS Ratio Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, China Starch Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Starch Holdings's PS Ratio falls into.
China Starch 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 Starch Holdings's Share Price of today is HK$0.186.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Starch Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.15.
* 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 Starch Holdings (HKSE:03838) 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 Starch Holdings PS Ratio Related Terms
Thank you for viewing the detailed overview of China Starch Holdings's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China Starch Holdings (HKSE:03838) Business Description
China Starch Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sale of cornstarch, lysine, starch-based sweetener, modified starch and ancillary corn-based and corn-refined products. The company's segments are Upstream products which is engaged in the manufacture and sale of cornstarch and ancillary corn-refined products and Fermented and downstream products which is engaged in the manufacture and sale of lysine, starch-based sweetener, modified starch, and other products.
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