Qingdao Choho Industrial Stock Price To Sales

003033 Stock   27.60  0.55  1.95%   
Qingdao Choho Industrial fundamentals help investors to digest information that contributes to Qingdao Choho's financial success or failures. It also enables traders to predict the movement of Qingdao Stock. The fundamental analysis module provides a way to measure Qingdao Choho's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Qingdao Choho stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Qingdao Choho Industrial Company Price To Sales Analysis

Qingdao Choho's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Qingdao Choho Price To Sales

    
  1.26 X  
Most of Qingdao Choho's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Qingdao Choho Industrial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Based on the latest financial disclosure, Qingdao Choho Industrial has a Price To Sales of 1.2551 times. This is 98.02% lower than that of the Automobile Components sector and 3.45% lower than that of the Consumer Discretionary industry. The price to sales for all China stocks is 89.01% higher than that of the company.

Qingdao Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Qingdao Choho's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Qingdao Choho could also be used in its relative valuation, which is a method of valuing Qingdao Choho by comparing valuation metrics of similar companies.
Qingdao Choho is currently under evaluation in price to sales category among its peers.

Qingdao Fundamentals

About Qingdao Choho Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Qingdao Choho Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qingdao Choho using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qingdao Choho Industrial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Qingdao Stock

Qingdao Choho financial ratios help investors to determine whether Qingdao Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Qingdao with respect to the benefits of owning Qingdao Choho security.