CITIC Securities Co Ltd
SSE:600030
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/S
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.
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.
Valuation Scenarios
If P/S returns to its 3-Year Average (5.2), the stock would be worth ¥30.53 (14% upside from current price).
| Scenario | P/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 4.6 | ¥26.77 |
0%
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| 3-Year Average | 5.2 | ¥30.53 |
+14%
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| 5-Year Average | 4.8 | ¥28.13 |
+5%
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| Industry Average | 5.3 | ¥31.06 |
+16%
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| Country Average | 2.8 | ¥16.13 |
-40%
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Forward P/S
Today’s price vs future revenue
| Today's Market Cap | Revenue | Forward P/S | ||
|---|---|---|---|---|
|
¥385.5B
|
/ |
Jan 2026
¥86.5B
|
= |
|
|
¥385.5B
|
/ |
Dec 2026
¥88.1B
|
= |
|
|
¥385.5B
|
/ |
Dec 2027
¥95.4B
|
= |
|
|
¥385.5B
|
/ |
Dec 2028
¥103.2B
|
= |
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Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | P/S | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
CITIC Securities Co Ltd
SSE:600030
|
388.7B CNY | 4.6 | 13.7 | |
| US |
|
Morgan Stanley
NYSE:MS
|
301B USD | 2.4 | 17.2 | |
| US |
|
Goldman Sachs Group Inc
NYSE:GS
|
276.6B USD | 2.2 | 16.2 | |
| EG |
|
EFG Hermes Holdings SAE
LSE:EFGD
|
167.9B USD | 325.7 | 2 248.9 | |
| US |
|
Charles Schwab Corp
NYSE:SCHW
|
159.6B USD | 5.6 | 17.7 | |
| US |
|
Interactive Brokers Group Inc
NASDAQ:IBKR
|
131.6B USD | 12.2 | 126.8 | |
| US |
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Robinhood Markets Inc
NASDAQ:HOOD
|
75.7B USD | 16.9 | 40.2 | |
| CN |
|
Guotai Junan Securities Co Ltd
SSE:601211
|
294.8B CNY | 3.8 | 10.4 | |
| US |
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Raymond James Financial Inc
NYSE:RJF
|
30.4B USD | 1.9 | 14.5 | |
| US |
|
LPL Financial Holdings Inc
NASDAQ:LPLA
|
26.5B USD | 1.6 | 30.6 | |
| CN |
|
Huatai Securities Co Ltd
SSE:601688
|
169.5B CNY | 4.1 | 10.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.8 |
| 70th Percentile | 5.4 |
| Max | 5 034 353.9 |
Other Multiples
CITIC Securities Co Ltd
Glance View
In the bustling financial landscape of China, CITIC Securities Co., Ltd. stands as a formidable titan in the investment services sector. Founded in 1995, it has grown through a calculated blend of ambition and strategy to become one of Asia’s leading full-service investment banks. CITIC capitalizes on the diverse branches of financial services, offering a broad spectrum that includes brokerage, investment banking, and asset management. The brokerage segment, which is particularly robust, forms the backbone of its revenue stream, facilitating the buying and selling of securities for a diverse clientele, ranging from individual investors to large institutional clients. This not only generates direct fees but also serves as a gateway to cross-sell more complex financial services such as margin finance and securities lending. Beyond brokerage, CITIC Securities derives significant income from its investment banking division. Here, the company adeptly orchestrates capital-raising endeavors for corporate clients through mechanisms like initial public offerings (IPOs) and debt issuances. This segment mirrors the dynamism of Chinese markets, where the thirst for capital fuels the engine of economic growth. Additionally, its asset management division takes on a pivotal role, managing a substantial portfolio of assets with a focus that spans wide-ranging strategies from equities to fixed-income products. Through these diversified avenues, CITIC fortifies its financial standing, expertly navigating the complex terrain of modern finance to generate ample returns from advisory fees, commissions, and interest incomes. This expertly constructed financial tapestry underscores CITIC’s reputation as a key player in not only sustaining but also amplifying the vibrancy of China's economic story.