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Petro-king Oilfield Services Ltd
HKEX:2178

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Petro-king Oilfield Services Ltd
HKEX:2178
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Price: 0.229 HKD -0.43%
Market Cap: HK$395.4m

P/S

1.5
Current
297%
More Expensive
vs 3-y average of 0.4

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.5
=
Market Cap
HK$448.9m
/
Revenue
HK$267.9m

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.5
=
Market Cap
HK$448.9m
/
Revenue
HK$267.9m

Valuation Scenarios

Petro-king Oilfield Services Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (0.4), the stock would be worth HK$0.06 (75% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-75%
Maximum Upside
+87%
Average Upside
6%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 1.5 HK$0.23
0%
3-Year Average 0.4 HK$0.06
-75%
5-Year Average 0.4 HK$0.06
-72%
Industry Average 2.7 HK$0.42
+82%
Country Average 2.8 HK$0.43
+87%

Forward P/S
Today’s price vs future revenue

Not enough data available to calculate forward P/S

Peer Comparison

All Multiples
P/S
P/E
All Countries
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Market Distribution

In line with most companies in China
Percentile
30th
Based on 7 736 companies
30th percentile
1.5
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

Petro-king Oilfield Services Ltd
Glance View

Market Cap
395.4m HKD
Industry
N/A

Petro-king Oilfield Services Ltd. operates as an investment holding company, which engages in the provision of oilfield services, specializing in well drilling and completion. The company is headquartered in Shenzhen, Guangdong. The company went IPO on 2013-03-06. The firm operates its business through three segments: Oilfield Project Services segment, Consultancy Services segment and Manufacturing and Sales of Tools and Equipment segment. The firm operates its business in Mainland China, South America, Singapore, the Middle East and Australia.

Intrinsic Value
0.146 HKD
Overvaluation 36%
Intrinsic Value
Price HK$0.229
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