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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ares AsiaHKSE:00645 36 Median PS Value is HK$0.01 as of Jul. 20, 2026, which is 100% below its 10-year median of 1.72. GuruFocus rates HKSE:00645 with a GF Score™ of 36/100. The stock has 7 warning signs investors should review. Among 89 Other Energy Sources companies, Ares Asia ranks worse than 100% 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.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Ares Asia's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was HK$0.007. Ares Asia's 10-Year median PS Ratio is 1.4286. Therefore, the Median PS Value for today is HK$0.01.
As of today (2026-07-20), Ares Asia's share price is HK$0.18. Ares Asia's Median PS Value is HK$0.01. Therefore, Ares Asia's Price to Median PS Value for today is 18.00.
The historical rank and industry rank for Ares Asia's Median PS Value or its related term are showing as below:
HKSE:00645'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.45 Med: 1.72 Max: 19.5
Current: 18
During the past 13 years, the highest Price to Median PS Value of Ares Asia was 19.50. The lowest was 0.45. And the median was 1.72.
HKSE:00645's Price-to-Median-PS-Value is ranked worse than 100% of 89
companies
in the Other Energy Sources industry
Industry Median: 1.19
vs HKSE:00645: 18.00
Ares Asia (HKSE:00645) 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.
Ares Asia's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.18
/
0.01
=
18.00
* 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.
Ares Asia Median PS Value Related Terms
Ares Asia Median PS Value Historical Data
* Premium members only.
The historical data trend for Ares Asia's Median PS Value can be seen below:
* 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.
For the Thermal Coal subindustry, Ares Asia'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.
Ares Asia Price-to-Median-PS-Value vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Ares Asia's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Ares Asia's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.4286.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ares Asia's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was HK$0.007.
* 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.
Ares Asia (HKSE:00645) has a Median PS Value of HK$0.01 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 Ares Asia and its competitors. This is 99% below median its historical median of 1.72. Over the past decade, Ares Asia's Median PS Value has ranged from 0.45 to 19.50. According to the industry distribution chart, Ares Asia ranks #89 out of 89 companies in the Other Energy Sources industry.
Is Ares Asia's Median PS Value too high?
Ares Asia's current Median PS Value of HK$0.01 is 99% below median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 19.50. Based on the distribution chart, Ares Asia ranks #89 out of 89 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Ares Asia has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Ares Asia's Median PS Value compare to competitors?
According to the Other Energy Sources industry distribution chart, Ares Asia ranks #89 out of 89 companies for Median PS Value. This places Ares Asia in the lower half of its industry. The industry median Median PS Value is 1.19. Historically, Ares Asia's own Median PS Value has ranged from 0.45 to 19.50 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 an Other Energy Sources company?
The median Median PS Value among Other Energy Sources companies is 1.19, based on 89 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 Ares Asia and its competitors. For the Other Energy Sources industry, the median Median PS Value is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares Asia's current Median PS Value is HK$0.01, which is 99% below median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Asia stock overvalued right now?
Ares Asia (HKSE:00645) has a current Median PS Value of HK$0.01. The current Median PS Value is HK$0.01, which is 99% below median its 10-year median of 1.72. Ares Asia's overall GF Score™ is 36/100 with 7 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 Ares Asia (HKSE:00645), the current Median PS Value is HK$0.01 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.
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.
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