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Asia Commercial HoldingsHKSE:00104 45 Median PS Value is HK$0.31 as of Jul. 20, 2026, which is 100% below its 10-year median of 0.70. GuruFocus rates HKSE:00104 with a GF Score™ of 45/100 and a GF Value™ of HK$0.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 645 Retail - Cyclical companies, Asia Commercial Holdings ranks better than 62.17% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Asia Commercial Holdings's Median PS Value or its related term are showing as below:
HKSE:00104'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.41 Med: 0.7 Max: 1.13
Current: 0.78
During the past 13 years, the highest Price to Median PS Value of Asia Commercial Holdings was 1.13. The lowest was 0.41. And the median was 0.70.
HKSE:00104's Price-to-Median-PS-Value is ranked better than 62.17% of 645
companies
in the Retail - Cyclical industry
Industry Median: 0.91
vs HKSE:00104: 0.78
Asia Commercial Holdings (HKSE:00104) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Asia Commercial Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.242
/
0.31
=
0.78
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Asia Commercial Holdings Median PS Value Related Terms
Asia Commercial Holdings Median PS Value Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HKSE:00104 vs CASY, WSM, DKS: Median PS Value Comparison
For the Specialty Retail subindustry, Asia Commercial Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Asia Commercial Holdings Price-to-Median-PS-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Asia Commercial Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Asia Commercial Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.346.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Asia Commercial Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was HK$0.896.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Asia Commercial Holdings (HKSE:00104) has a Median PS Value of HK$0.31 as of Jul. 20, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Asia Commercial Holdings and its competitors. This is 56% below median its historical median of 0.70. Over the past decade, Asia Commercial Holdings' Median PS Value has ranged from 0.41 to 1.13. According to the industry distribution chart, Asia Commercial Holdings ranks #244 out of 645 companies in the Retail - Cyclical industry, placing it in the top 37.8%.
Is Asia Commercial Holdings' Median PS Value too high?
Asia Commercial Holdings' current Median PS Value of HK$0.31 is 56% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.13. Based on the distribution chart, Asia Commercial Holdings ranks #244 out of 645 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Asia Commercial Holdings has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Commercial Holdings' Median PS Value compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Asia Commercial Holdings ranks #244 out of 645 companies for Median PS Value. This puts Asia Commercial Holdings in the upper half of its industry. The industry median Median PS Value is 0.91. Historically, Asia Commercial Holdings' own Median PS Value has ranged from 0.41 to 1.13 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Retail - Cyclical company?
The median Median PS Value among Retail - Cyclical companies is 0.91, based on 645 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Asia Commercial Holdings and its competitors. For the Retail - Cyclical industry, the median Median PS Value is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Commercial Holdings's current Median PS Value is HK$0.31, which is 56% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Commercial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Commercial Holdings (HKSE:00104) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.24 — trading 10% above its estimated fair value. The current Median PS Value is HK$0.31, which is 56% below median its 10-year median of 0.70. Asia Commercial Holdings' overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Asia Commercial Holdings (HKSE:00104), the current Median PS Value is HK$0.31 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Asia Commercial Holdings (HKSE:00104) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Commercial Holdings stock appears to be overvalued.
The current stock price of HK$0.24 is trading 10% above its estimated GF Value™ of HK$0.22.
GuruFocus considers Asia Commercial Holdings to be Fairly Valued.
Key valuation signals for HKSE:00104:
Median PS Value: HK$0.31 (56% below median its 10-year median of 0.70)
GF Value™: HK$0.22 vs. price of HK$0.24 (10% above fair value)
No single metric tells the full story. See the HKSE:00104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Commercial Holdings Ltd is an investment holding company. It operates business through two segments: Sale of Watches (Retail and Wholesale) and Properties Leasing. The company earns the majority of its revenue from sales of watches. Geographically, the group generates maximum revenue from Mainland China, followed by Hong Kong, Switzerland, and the United Kingdom.
45GF Score
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