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Lingyuan Iron & Steel Co (SHSE:600231) PS Ratio : 0.25 (As of Jan. 18, 2025)


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What is Lingyuan Iron & Steel Co 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, Lingyuan Iron & Steel Co's share price is ¥1.68. Lingyuan Iron & Steel Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥6.63. Hence, Lingyuan Iron & Steel Co's PS Ratio for today is 0.25.

The historical rank and industry rank for Lingyuan Iron & Steel Co's PS Ratio or its related term are showing as below:

SHSE:600231' s PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.38   Max: 0.97
Current: 0.25

During the past 13 years, Lingyuan Iron & Steel Co's highest PS Ratio was 0.97. The lowest was 0.19. And the median was 0.38.

SHSE:600231's PS Ratio is ranked better than
74.51% of 616 companies
in the Steel industry
Industry Median: 0.53 vs SHSE:600231: 0.25

Lingyuan Iron & Steel Co's Revenue per Sharefor the three months ended in Sep. 2024 was ¥1.36. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥6.63.

During the past 12 months, the average Revenue per Share Growth Rate of Lingyuan Iron & Steel Co was -0.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.10% per year.

During the past 13 years, Lingyuan Iron & Steel Co's highest 3-Year average Revenue per Share Growth Rate was 46.00% per year. The lowest was -17.80% per year. And the median was 11.30% per year.

Back to Basics: PS Ratio


Lingyuan Iron & Steel Co PS Ratio Historical Data

The historical data trend for Lingyuan Iron & Steel Co'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.

Lingyuan Iron & Steel Co PS Ratio Chart

Lingyuan Iron & Steel Co 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 0.37 0.36 0.29 0.30 0.30

Lingyuan Iron & Steel Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.34 0.30 0.27 0.19 0.29

Competitive Comparison of Lingyuan Iron & Steel Co's PS Ratio

For the Steel subindustry, Lingyuan Iron & Steel Co'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.


Lingyuan Iron & Steel Co's PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lingyuan Iron & Steel Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Lingyuan Iron & Steel Co's PS Ratio falls into.



Lingyuan Iron & Steel Co 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.

Lingyuan Iron & Steel Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.68/6.629
=0.25

Lingyuan Iron & Steel Co's Share Price of today is ¥1.68.
Lingyuan Iron & Steel Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥6.63.

* 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.


Lingyuan Iron & Steel Co  (SHSE:600231) 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.


Lingyuan Iron & Steel Co PS Ratio Related Terms

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Lingyuan Iron & Steel Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Gangtie Road, Lingyuan, Liaoning, CHN, 122500
Lingyuan Iron & Steel Co Ltd is engaged in mining, steel smelting, and steel rolling.
Executives
Ma Xiao Yong senior management
Zhang Peng Director
Li Jing Dong Directors, senior managers
Jiang Zhen Sheng senior management
Wang Bao Jie senior management
Zhang Li Xin senior management
Lv Kai Li Supervisors
Lu Ya Dong Director
Hou Bai Ying Supervisors
He Zhi Guo Director
Hao Zhi Qiang Director
Shen Xun Director
Zhang Zhen Yong Director
Yuan Cheng De Supervisors
Yu Fu Zhu Supervisors

Lingyuan Iron & Steel Co Headlines

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