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, Yutong Bus Co's share price is ¥25.69.
Yutong Bus Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥13.93. Hence, Yutong Bus Co's PS Ratio for today is 1.84.
Warning Sign:
Yutong Bus Co Ltd stock PS Ratio (=1.84) is close to 5-year high of 1.92
The historical rank and industry rank for Yutong Bus Co's PS Ratio or its related term are showing as below:
SHSE:600066'
s PS Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.25 Max: 2.05
Current: 1.84
During the past 13 years, Yutong Bus Co's highest PS Ratio was 2.05. The lowest was 0.66. And the median was 1.25.
SHSE:600066's PS Ratio is ranked worse than 76.81% of 207
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.9
vs SHSE:600066: 1.84
Yutong Bus Co Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Yutong Bus Co was 44.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 11.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -4.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -1.70% per year.
During the past 13 years, Yutong Bus Co's highest 3-Year average Revenue per Share Growth Rate was 47.30% per year. The lowest was -16.10% per year. And the median was 17.90% per year.
Back to Basics: PS Ratio
Yutong Bus Co PS Ratio Historical Data
The historical data trend for Yutong Bus 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.
Competitive Comparison of Yutong Bus Co's PS Ratio
For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.
Yutong Bus Co's PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Yutong Bus Co's PS Ratio falls into.
Yutong Bus 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.
Yutong Bus Co's Share Price of today is ¥25.69. Yutong Bus 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 ¥13.93.
* 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:
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.
Yutong Bus Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Yutong Bus Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Yutong is the global market leader in buses, with close to 90% of revenue coming from sales in China. It is also China's largest bus manufacturer with around 30% of market share in medium and large buses. With the highest production capacity in its core segment, the company continues to benefit from the Chinese central government's subsidies for electric vehicles. Yutong's current product portfolio covers nearly all bus segments, including motor coach, shuttle, and school bus. While the firm started as a state-owned enterprise, a team of 23 company managers launched a management buyout in 2001 and eventually took over the firm in 2003.
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