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Changsha Dialine New Material Sci.&Tech. Co (SZSE:300700) PS Ratio : 8.54 (As of Dec. 14, 2024)


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What is Changsha Dialine New Material Sci.&Tech. 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, Changsha Dialine New Material Sci.&Tech. Co's share price is ¥8.74. Changsha Dialine New Material Sci.&Tech. Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1.02. Hence, Changsha Dialine New Material Sci.&Tech. Co's PS Ratio for today is 8.54.

Warning Sign:

Changsha Dialine New Material Sci.&Tech. Co Ltd stock PS Ratio (=8.92) is close to 2-year high of 9.28

The historical rank and industry rank for Changsha Dialine New Material Sci.&Tech. Co's PS Ratio or its related term are showing as below:

SZSE:300700' s PS Ratio Range Over the Past 10 Years
Min: 2.94   Med: 5.73   Max: 16.23
Current: 8.3

During the past 12 years, Changsha Dialine New Material Sci.&Tech. Co's highest PS Ratio was 16.23. The lowest was 2.94. And the median was 5.73.

SZSE:300700's PS Ratio is ranked worse than
90.36% of 2967 companies
in the Industrial Products industry
Industry Median: 1.86 vs SZSE:300700: 8.30

Changsha Dialine New Material Sci.&Tech. Co's Revenue per Sharefor the three months ended in Sep. 2024 was ¥0.23. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1.02.

Warning Sign:

Changsha Dialine New Material Sci.&Tech. Co Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Changsha Dialine New Material Sci.&Tech. Co was -65.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 56.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 19.90% per year.

During the past 12 years, Changsha Dialine New Material Sci.&Tech. Co's highest 3-Year average Revenue per Share Growth Rate was 56.90% per year. The lowest was -31.40% per year. And the median was 23.40% per year.

Back to Basics: PS Ratio


Changsha Dialine New Material Sci.&Tech. Co PS Ratio Historical Data

The historical data trend for Changsha Dialine New Material Sci.&Tech. 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.

Changsha Dialine New Material Sci.&Tech. Co PS Ratio Chart

Changsha Dialine New Material Sci.&Tech. 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 6.32 9.91 5.64 6.76 4.89

Changsha Dialine New Material Sci.&Tech. 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 4.29 4.89 3.71 4.43 7.33

Competitive Comparison of Changsha Dialine New Material Sci.&Tech. Co's PS Ratio

For the Electrical Equipment & Parts subindustry, Changsha Dialine New Material Sci.&Tech. 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.


Changsha Dialine New Material Sci.&Tech. Co's PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changsha Dialine New Material Sci.&Tech. Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Changsha Dialine New Material Sci.&Tech. Co's PS Ratio falls into.



Changsha Dialine New Material Sci.&Tech. 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.

Changsha Dialine New Material Sci.&Tech. Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=8.74/1.023
=8.54

Changsha Dialine New Material Sci.&Tech. Co's Share Price of today is ¥8.74.
Changsha Dialine New Material Sci.&Tech. 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 ¥1.02.

* 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.


Changsha Dialine New Material Sci.&Tech. Co  (SZSE:300700) 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.


Changsha Dialine New Material Sci.&Tech. Co PS Ratio Related Terms

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Changsha Dialine New Material Sci.&Tech. Co Business Description

Traded in Other Exchanges
N/A
Address
No. 108, Huanlian Road, Changsha High-tech Development Zone, Hunan Province, Changsha, CHN
Changsha Dialine New Material Sci.&Tech. Co Ltd is specializing in the research and development, and manufacture and sales of diamond wire in China. The company's products are mainly used for the cutting of hard and brittle materials such as crystalline silicon and sapphire.
Executives
Duan Zhi Yong Directors, executives
Zhong Jian Ming Directors, executives
Kang Jie Jiao Directors, executives
Li Tong Supervisors
Zhou Jia Hua Directors, executives
Yang Hui Huang Director
Duan Zhi Ming Director
Liu Hong Bo Independent director
Kuang Yi Xin Directors, executives
Li Jun Supervisors

Changsha Dialine New Material Sci.&Tech. Co Headlines

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