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KUKE (Kuke Music Holding) PS Ratio : 0.74 (As of Dec. 15, 2024)


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What is Kuke Music Holding 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, Kuke Music Holding's share price is $0.33. Kuke Music Holding's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was $0.44. Hence, Kuke Music Holding's PS Ratio for today is 0.74.

Good Sign:

Kuke Music Holding Ltd stock PS Ratio (=1.9) is close to 1-year low of 1.82

The historical rank and industry rank for Kuke Music Holding's PS Ratio or its related term are showing as below:

KUKE' s PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 2.89   Max: 12.29
Current: 1.9

During the past 7 years, Kuke Music Holding's highest PS Ratio was 12.29. The lowest was 0.32. And the median was 2.89.

KUKE's PS Ratio is ranked worse than
64.81% of 1023 companies
in the Media - Diversified industry
Industry Median: 1.21 vs KUKE: 1.90

Kuke Music Holding's Revenue per Sharefor the six months ended in Jun. 2024 was $0.24. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was $0.44.

Warning Sign:

Kuke Music Holding Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Kuke Music Holding was -70.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -22.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -6.80% per year.

During the past 7 years, Kuke Music Holding's highest 3-Year average Revenue per Share Growth Rate was 28.30% per year. The lowest was -22.10% per year. And the median was -7.50% per year.

Back to Basics: PS Ratio


Kuke Music Holding PS Ratio Historical Data

The historical data trend for Kuke Music Holding'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.

Kuke Music Holding PS Ratio Chart

Kuke Music Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial - - 2.70 0.95 2.14

Kuke Music Holding Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.20 0.95 2.40 2.14 7.09

Competitive Comparison of Kuke Music Holding's PS Ratio

For the Entertainment subindustry, Kuke Music Holding'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.


Kuke Music Holding's PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kuke Music Holding's PS Ratio distribution charts can be found below:

* The bar in red indicates where Kuke Music Holding's PS Ratio falls into.



Kuke Music Holding 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.

Kuke Music Holding's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.33/0.444
=0.74

Kuke Music Holding's Share Price of today is $0.33.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kuke Music Holding's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was $0.44.

* 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.


Kuke Music Holding  (NYSE:KUKE) 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.


Kuke Music Holding PS Ratio Related Terms

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Kuke Music Holding Business Description

Traded in Other Exchanges
N/A
Address
4 San Jian Fang South Block, Building 96, Chaoyang District, Beijing, CHN, 100024
Kuke Music Holding Ltd provides classical music licensing, subscription, and education services in China. The company licenses its music content to online music entertainment platforms, such as Tencent Music Entertainment Group, digital music service providers, such as NetEase Cloud Music, as well as film and TV production companies, airlines, and smart hardware companies. Users can access the platform through the website, mobile app, and smart music devices.