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, Ganfeng Lithium Group Co's share price is ¥39.62.
Ganfeng Lithium Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥10.62. Hence, Ganfeng Lithium Group Co's PS Ratio for today is 3.73.
Warning Sign:
Ganfeng Lithium Group Co Ltd stock PS Ratio (=3.72) is close to 1-year high of 3.96
The historical rank and industry rank for Ganfeng Lithium Group Co's PS Ratio or its related term are showing as below:
SZSE:002460'
s PS Ratio Range Over the Past 10 Years
Min: 1.96 Med: 9.21 Max: 42.18
Current: 3.79
During the past 13 years, Ganfeng Lithium Group Co's highest PS Ratio was 42.18. The lowest was 1.96. And the median was 9.21.
SZSE:002460's PS Ratio is ranked worse than 77.68% of 1523
companies
in the Chemicals industry
Industry Median: 1.49
vs SZSE:002460: 3.79
Ganfeng Lithium Group Co 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 Ganfeng Lithium Group Co was -46.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 75.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 52.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 41.20% per year.
During the past 13 years, Ganfeng Lithium Group Co's highest 3-Year average Revenue per Share Growth Rate was 90.90% per year. The lowest was 2.60% per year. And the median was 21.40% 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 Ganfeng Lithium Group Co's PS Ratio
For the Chemicals subindustry, Ganfeng Lithium Group 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.
Ganfeng Lithium Group Co's PS Ratio Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ganfeng Lithium Group Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Ganfeng Lithium Group Co's PS Ratio falls into.
Ganfeng Lithium Group 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.
Ganfeng Lithium Group Co's Share Price of today is ¥39.62. Ganfeng Lithium Group 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 ¥10.62.
* 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:
Ganfeng Lithium Group Co (SZSE:002460) 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.
Ganfeng Lithium Group Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Ganfeng Lithium Group Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.
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