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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.
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.
HKSE:00840's Price-to-Median-PS-Value is ranked better than 92.59% of 135
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.02
vs HKSE:00840: 0.53
Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) 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.
Xinjiang Tianye Waterving Irrigation System Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.17
/
0.32
=
0.53
* 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.
Xinjiang Tianye Waterving Irrigation System Co Median PS Value Related Terms
Xinjiang Tianye Waterving Irrigation System Co 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.
Xinjiang Tianye Waterving Irrigation System Co Median PS Value Chart
Xinjiang Tianye Waterving Irrigation System Co Annual Data
HKSE:00840 vs CAT, DE, PCAR: Median PS Value Comparison
For the Farm & Heavy Construction Machinery subindustry, Xinjiang Tianye Waterving Irrigation System Co'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.
Xinjiang Tianye Waterving Irrigation System Co Price-to-Median-PS-Value vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Xinjiang Tianye Waterving Irrigation System Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Xinjiang Tianye Waterving Irrigation System Co's Price-to-Median-PS-Value falls into.
* 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.
Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) has a Median PS Value of HK$0.32 as of Aug. 13, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Xinjiang Tianye Waterving Irrigation System Co and its competitors. This is 33% below median its historical median of 0.48. Over the past decade, Xinjiang Tianye Waterving Irrigation System Co's Median PS Value has ranged from 0.14 to 1.01. According to the industry distribution chart, Xinjiang Tianye Waterving Irrigation System Co ranks #10 out of 135 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 7.4%.
Is Xinjiang Tianye Waterving Irrigation System Co's Median PS Value too high?
Xinjiang Tianye Waterving Irrigation System Co's current Median PS Value of HK$0.32 is 33% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.01. Based on the distribution chart, Xinjiang Tianye Waterving Irrigation System Co ranks #10 out of 135 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Xinjiang Tianye Waterving Irrigation System Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Tianye Waterving Irrigation System Co's Median PS Value compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Xinjiang Tianye Waterving Irrigation System Co ranks #10 out of 135 companies for Median PS Value. This places Xinjiang Tianye Waterving Irrigation System Co in the top 7% of its industry — outperforming the majority of peers. The industry median Median PS Value is 1.02. Historically, Xinjiang Tianye Waterving Irrigation System Co's own Median PS Value has ranged from 0.14 to 1.01 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 Farm & Heavy Construction Machinery company?
The median Median PS Value among Farm & Heavy Construction Machinery companies is 1.02, based on 135 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 Xinjiang Tianye Waterving Irrigation System Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Median PS Value is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Tianye Waterving Irrigation System Co's current Median PS Value is HK$0.32, which is 33% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Tianye Waterving Irrigation System Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.17 — trading 112.5% above its estimated fair value. The current Median PS Value is HK$0.32, which is 33% below median its 10-year median of 0.48. Xinjiang Tianye Waterving Irrigation System Co's overall GF Score™ is 30/100 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 Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840), the current Median PS Value is HK$0.32 as of Aug. 13, 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 Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang Tianye Waterving Irrigation System Co stock appears to be overvalued.
The current stock price of HK$0.17 is trading 112.5% above its estimated GF Value™ of HK$0.08.
GuruFocus considers Xinjiang Tianye Waterving Irrigation System Co to be Significantly Overvalued.
Key valuation signals for HKSE:00840:
Median PS Value: HK$0.32 (33% below median its 10-year median of 0.48)
GF Value™: HK$0.08 vs. price of HK$0.17 (112.5% above fair value)
No single metric tells the full story. See the HKSE:00840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinjiang Tianye Water Saving Irrigation System Co Ltd is a China-based firm engaged in the manufacture of plastic products. Its activities include the production and marketing of agricultural plastic water-saving irrigation equipment and plastic pipelines, and construction and installation of water-saving irrigation systems. The company's products include the PVC materials for water supply pipes, PE piping materials and accessories, pressure compensatory drip tapes, labyrinth-style drip tapes, embedded-style drip tapes, agricultural tapes and drippers. It also offers installation services for water-saving irrigation systems.
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