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Agricultural Bank of China (STU:EK7) PS Ratio : 2.09 (As of Dec. 11, 2024)


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What is Agricultural Bank of China 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, Agricultural Bank of China's share price is €0.4966. Agricultural Bank of China's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was €0.24. Hence, Agricultural Bank of China's PS Ratio for today is 2.09.

Warning Sign:

Agricultural Bank of China Ltd stock PS Ratio (=2.69) is close to 10-year high of 2.79

The historical rank and industry rank for Agricultural Bank of China's PS Ratio or its related term are showing as below:

STU:EK7' s PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2   Max: 2.79
Current: 2.69

During the past 13 years, Agricultural Bank of China's highest PS Ratio was 2.79. The lowest was 1.43. And the median was 2.00.

STU:EK7's PS Ratio is ranked better than
50.23% of 1527 companies
in the Banks industry
Industry Median: 2.63 vs STU:EK7: 2.69

Agricultural Bank of China's Revenue per Sharefor the three months ended in Sep. 2024 was €0.05. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was €0.24.

Good Sign:

Agricultural Bank of China Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Agricultural Bank of China was 1.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.70% per year.

During the past 13 years, Agricultural Bank of China's highest 3-Year average Revenue per Share Growth Rate was 15.30% per year. The lowest was 0.40% per year. And the median was 3.60% per year.

Back to Basics: PS Ratio


Agricultural Bank of China PS Ratio Historical Data

The historical data trend for Agricultural Bank of China'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.

Agricultural Bank of China PS Ratio Chart

Agricultural Bank of China 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 2.11 1.75 1.52 1.57 1.96

Agricultural Bank of China 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 1.96 1.96 2.30 2.36 2.58

Competitive Comparison of Agricultural Bank of China's PS Ratio

For the Banks - Diversified subindustry, Agricultural Bank of China'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.


Agricultural Bank of China's PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Agricultural Bank of China's PS Ratio distribution charts can be found below:

* The bar in red indicates where Agricultural Bank of China's PS Ratio falls into.



Agricultural Bank of China 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.

Agricultural Bank of China's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.4966/0.238
=2.09

Agricultural Bank of China's Share Price of today is €0.4966.
Agricultural Bank of China'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 €0.24.

* 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.


Agricultural Bank of China  (STU:EK7) 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.


Agricultural Bank of China PS Ratio Related Terms

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Agricultural Bank of China Business Description

Traded in Other Exchanges
Address
50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG
As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 40.14% and 35.29%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 56%, and 3% of total revenue in the first half of 2024, respectively. Rural banking and urban banking contributed 50% and 50% of total revenue during the same period.

Agricultural Bank of China Headlines

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