Shandong Pharmaceutical Glass Stock Price To Sales

600529 Stock   24.52  0.31  1.28%   
Shandong Pharmaceutical Glass fundamentals help investors to digest information that contributes to Shandong Pharmaceutical's financial success or failures. It also enables traders to predict the movement of Shandong Stock. The fundamental analysis module provides a way to measure Shandong Pharmaceutical'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 Shandong Pharmaceutical 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.

Shandong Pharmaceutical Glass Company Price To Sales Analysis

Shandong Pharmaceutical'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 Shandong Pharmaceutical Price To Sales

    
  3.21 X  
Most of Shandong Pharmaceutical'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, Shandong Pharmaceutical Glass 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, Shandong Pharmaceutical Glass has a Price To Sales of 3.2073 times. This is 94.95% lower than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The price to sales for all China stocks is 71.92% higher than that of the company.

Shandong Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shandong Pharmaceutical'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 Shandong Pharmaceutical could also be used in its relative valuation, which is a method of valuing Shandong Pharmaceutical by comparing valuation metrics of similar companies.
Shandong Pharmaceutical is currently under evaluation in price to sales category among its peers.

Shandong Fundamentals

About Shandong Pharmaceutical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shandong Pharmaceutical Glass's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shandong Pharmaceutical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shandong Pharmaceutical Glass 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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Other Information on Investing in Shandong Stock

Shandong Pharmaceutical financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Pharmaceutical security.