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, Wuxi Hodgen Technology Co's share price is ¥4.66.
Wuxi Hodgen Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4.41. Hence, Wuxi Hodgen Technology Co's PS Ratio for today is 1.06.
The historical rank and industry rank for Wuxi Hodgen Technology Co's PS Ratio or its related term are showing as below:
SZSE:300279'
s PS Ratio Range Over the Past 10 Years
Min: 0.9 Med: 2.18 Max: 9.77
Current: 1.06
During the past 13 years, Wuxi Hodgen Technology Co's highest PS Ratio was 9.77. The lowest was 0.90. And the median was 2.18.
SZSE:300279's PS Ratio is ranked better than 61.42% of 2460
companies
in the Hardware industry
Industry Median: 1.52
vs SZSE:300279: 1.06
During the past 12 months, the average Revenue per Share Growth Rate of Wuxi Hodgen Technology Co was 6.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 3.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 9.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 10.80% per year.
During the past 13 years, Wuxi Hodgen Technology Co's highest 3-Year average Revenue per Share Growth Rate was 34.70% per year. The lowest was 1.60% per year. And the median was 10.60% per year.
Back to Basics: PS Ratio
Wuxi Hodgen Technology Co PS Ratio Historical Data
* 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 Wuxi Hodgen Technology Co's PS Ratio
For the Electronic Components subindustry, Wuxi Hodgen Technology 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.
Wuxi Hodgen Technology Co's PS Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Wuxi Hodgen Technology Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Wuxi Hodgen Technology Co's PS Ratio falls into.
Wuxi Hodgen Technology 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.
Wuxi Hodgen Technology Co's Share Price of today is ¥4.66. Wuxi Hodgen Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥4.41.
* 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:
Wuxi Hodgen Technology Co (SZSE:300279) 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.
Wuxi Hodgen Technology Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Wuxi Hodgen Technology Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Wuxi Hodgen Technology Co (SZSE:300279) Business Description
Wuxi Hodgen Technology Co Ltd is an electrical machinery and equipment manufacturing company. It is organized into four business segments: the Hejingzhi Manufacturing segment is engaged in the research, development, manufacture and sale of white goods and intelligent hardware. The System Integration segment provides information services for various enterprises and institutions in the government, education and other industries. The Interactive Data segment serves the broadcasting and television system, the main source of income is access network equipment and intelligent terminals. The Internet Education segment provides a cloud platform for preschool education.
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