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, China Petroleum & Chemical's share price is HK$4.80.
China Petroleum & Chemical's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was HK$30.72. Hence, China Petroleum & Chemical's PS Ratio for today is 0.16.
Warning Sign:
China Petroleum & Chemical Corp stock PS Ratio (=0.15) is close to 2-year high of 0.16
The historical rank and industry rank for China Petroleum & Chemical's PS Ratio or its related term are showing as below:
HKSE:00386'
s PS Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.2 Max: 0.35
Current: 0.15
During the past 13 years, China Petroleum & Chemical's highest PS Ratio was 0.35. The lowest was 0.11. And the median was 0.20.
HKSE:00386's PS Ratio is ranked better than 91.34% of 947
companies
in the Oil & Gas industry
Industry Median: 1.17
vs HKSE:00386: 0.15
China Petroleum & Chemical Corp revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of China Petroleum & Chemical was -1.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 4.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 3.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -0.20% per year.
During the past 13 years, China Petroleum & Chemical's highest 3-Year average Revenue per Share Growth Rate was 39.00% per year. The lowest was -16.00% per year. And the median was 13.85% per year.
Back to Basics: PS Ratio
China Petroleum & Chemical 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 China Petroleum & Chemical's PS Ratio
For the Oil & Gas Integrated subindustry, China Petroleum & Chemical'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.
China Petroleum & Chemical's PS Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Petroleum & Chemical's PS Ratio falls into.
China Petroleum & Chemical 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.
China Petroleum & Chemical's Share Price of today is HK$4.80. China Petroleum & Chemical's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$30.72.
* 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:
China Petroleum & Chemical (HKSE:00386) 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.
China Petroleum & Chemical PS Ratio Related Terms
Thank you for viewing the detailed overview of China Petroleum & Chemical's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China Petroleum & Chemical (HKSE:00386) Business Description
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.
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