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Tasly Pharmaceutical Group Co Ltd
SSE:600535

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Tasly Pharmaceutical Group Co Ltd
SSE:600535
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Price: 15.19 CNY 0.53% Market Closed
Market Cap: ¥22.7B

P/S

2.7
Current
5%
More Expensive
vs 3-y average of 2.6

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
2.7
=
Market Cap
¥22.4B
/
Revenue
¥8.3B

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
2.7
=
Market Cap
¥22.4B
/
Revenue
¥8.3B

Valuation Scenarios

Tasly Pharmaceutical Group Co Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (2.6), the stock would be worth ¥14.52 (4% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-8%
Maximum Upside
+45%
Average Upside
8%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 2.7 ¥15.19
0%
3-Year Average 2.6 ¥14.52
-4%
5-Year Average 2.5 ¥13.96
-8%
Industry Average 3.9 ¥21.97
+45%
Country Average 2.8 ¥15.44
+2%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥22.4B
/
Apr 2026
¥8.3B
=
2.7
Current
¥22.4B
/
Dec 2026
¥9.1B
=
2.5
Forward
¥22.4B
/
Dec 2027
¥10B
=
2.2
Forward
¥22.4B
/
Dec 2028
¥11B
=
2
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
CN
Tasly Pharmaceutical Group Co Ltd
SSE:600535
22.7B CNY 2.7 19.5
US
Eli Lilly and Co
NYSE:LLY
804.2B USD 12.3 39
US
Johnson & Johnson
NYSE:JNJ
547.4B USD 5.7 26
CH
Roche Holding AG
SIX:ROG
248.4B CHF 4.2 20.1
UK
AstraZeneca PLC
LSE:AZN
212.4B GBP 4.8 27.8
CH
Novartis AG
SIX:NOVN
216.3B CHF 4.9 20.5
US
Merck & Co Inc
NYSE:MRK
274.6B USD 4.2 15
IE
Endo International PLC
LSE:0Y5F
244.4B USD 105.4 -83.6
DK
Novo Nordisk A/S
CSE:NOVO B
1.1T DKK 3.8 11.3
US
Pfizer Inc
NYSE:PFE
149.3B USD 2.4 19.2
US
Bristol-Myers Squibb Co
NYSE:BMY
115.9B USD 2.4 16.4

Market Distribution

In line with most companies in China
Percentile
49th
Based on 7 736 companies
49th percentile
2.7
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

Tasly Pharmaceutical Group Co Ltd
Glance View

Market Cap
22.7B CNY
Industry
Pharmaceuticals

In the heart of China's bustling pharmaceutical landscape lies Tasly Pharmaceutical Group Co Ltd, a company intricately blending traditional herbal wisdom with cutting-edge scientific innovation. Founded in 1994, this enterprise has carved a niche in the competitive world of healthcare by focusing on Traditional Chinese Medicine (TCM) while also expanding into chemical medicine and biological drugs. Tasly's ecosystem thrives on the research, development, manufacturing, and marketing of its diverse product portfolio, which includes patent medicines, herbal injections, and health supplements. The crown jewel in its product lineup is the Compound Danshen Dripping Pill, a herbal medicine aimed at cardiovascular ailments, a testament to the company's commitment to merging ancient remedies with modern health solutions. By establishing an extensive distribution network both domestically and internationally, Tasly ensures its unique offerings reach a wide audience, catering not only to China's growing appetite for health products but also tapping into global markets hungry for alternative medicine solutions. Tasly’s financial engine leverages its broad spectrum of offerings, driven by both consumer demand for TCM and the pharmaceutical industry's appetite for innovation. The company invests significantly in research and development, with a particular emphasis on internationalizing TCM and obtaining global recognition for its products through clinical trials and partnerships. Such strategic actions bolster its competitive edge, positioning Tasly as a leader in an industry where tradition and science converge. Revenue streams are further diversified by the company's health management services and a growing footprint in biotechnology, showcasing its adaptability and forward-thinking approach. This intricate ballet of innovation and tradition enables Tasly Pharmaceutical Group to not just survive but thrive in an industry characterized by rapid advancements and shifting consumer paradigms.

Intrinsic Value
19.9 CNY
Undervaluation 24%
Intrinsic Value
Price ¥15.19
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