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, HAXC Holdings (Beijing) Co's share price is ¥40.29.
HAXC Holdings (Beijing) Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥9.45. Hence, HAXC Holdings (Beijing) Co's PS Ratio for today is 4.26.
The historical rank and industry rank for HAXC Holdings (Beijing) Co's PS Ratio or its related term are showing as below:
SZSE:300928'
s PS Ratio Range Over the Past 10 Years
Min: 2.53 Med: 3.8 Max: 8.01
Current: 4.26
During the past 9 years, HAXC Holdings (Beijing) Co's highest PS Ratio was 8.01. The lowest was 2.53. And the median was 3.80.
SZSE:300928's PS Ratio is ranked worse than 88.93% of 1292
companies
in the Vehicles & Parts industry
Industry Median: 0.84
vs SZSE:300928: 4.26
During the past 9 years, HAXC Holdings (Beijing) Co's highest 3-Year average Revenue per Share Growth Rate was -6.80% per year. The lowest was -14.40% per year. And the median was -8.20% per year.
Back to Basics: PS Ratio
HAXC Holdings (Beijing) 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 HAXC Holdings (Beijing) Co's PS Ratio
For the Auto Parts subindustry, HAXC Holdings (Beijing) 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.
HAXC Holdings (Beijing) Co's PS Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, HAXC Holdings (Beijing) Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where HAXC Holdings (Beijing) Co's PS Ratio falls into.
HAXC Holdings (Beijing) 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.
HAXC Holdings (Beijing) Co's Share Price of today is ¥40.29. HAXC Holdings (Beijing) 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 ¥9.45.
* 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:
HAXC Holdings (Beijing) Co (SZSE:300928) 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.
HAXC Holdings (Beijing) Co PS Ratio Related Terms
Thank you for viewing the detailed overview of HAXC Holdings (Beijing) Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
HAXC Holdings (Beijing) Co (SZSE:300928) Business Description
No. 17, Jingsheng South Fourth Street, Building A, Jinqiao Science and Technology Industrial Base, Tongzhou Park, Zhongguancun Science Park, Tongzhou District, Beijing, CHN, 101102
HAXC Holdings Beijing Co Ltd is a service provider of automotive cockpit electronics. Its main business is customization and selection of core display devices, software system development, and sales of supporting devices for automotive central control and LCD instrumentation. The company's products and services specifically include the customized development and selection and sales of automotive display screens, the development of full LCD instrument software and hardware systems, and the development of integrated cockpit display systems, human-machine interaction design, and user interaction interfaces design, vehicle Ethernet system development, and other software and hardware products and solutions that are in line with the development of intelligent and electronic car cabins.
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