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:02439's Price-to-Median-PS-Value is not ranked *
in the Chemicals industry.
Industry Median: 0.98 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
China Treasures New Materials Group (HKSE:02439) 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.
China Treasures New Materials Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.34
/
0.00
=
* 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.
China Treasures New Materials Group Median PS Value Related Terms
China Treasures New Materials Group 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.
China Treasures New Materials Group Median PS Value Chart
HKSE:02439 vs LIN, SHW, ECL: Median PS Value Comparison
For the Specialty Chemicals subindustry, China Treasures New Materials Group'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.
China Treasures New Materials Group Price-to-Median-PS-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, China Treasures New Materials Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where China Treasures New Materials Group's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Treasures New Materials Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.278.
* 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.
China Treasures New Materials Group (HKSE:02439) has a Median PS Value of HK$0.00 as of Jul. 09, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on China Treasures New Materials Group and its competitors. According to the industry distribution chart, China Treasures New Materials Group ranks #999999 out of 909 companies in the Chemicals industry.
Is China Treasures New Materials Group's Median PS Value too high?
China Treasures New Materials Group's current Median PS Value is HK$0.00. Based on the distribution chart, China Treasures New Materials Group ranks #999999 out of 909 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, China Treasures New Materials Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Treasures New Materials Group's Median PS Value compare to LIN and SHW?
According to the Chemicals industry distribution chart, China Treasures New Materials Group ranks #999999 out of 909 companies for Median PS Value. This places China Treasures New Materials Group in the lower half of its industry. The industry median Median PS Value is 0.98. 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 Chemicals company?
The median Median PS Value among Chemicals companies is 0.98, based on 909 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 China Treasures New Materials Group and its competitors. For the Chemicals industry, the median Median PS Value is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Treasures New Materials Group's current Median PS Value is HK$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Treasures New Materials Group stock overvalued right now?
Based on GuruFocus' analysis, China Treasures New Materials Group (HKSE:02439) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.34 — trading 70% above its estimated fair value. The current Median PS Value is HK$0.00. China Treasures New Materials Group's overall GF Score™ is 64/100 with 9 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 China Treasures New Materials Group (HKSE:02439), the current Median PS Value is HK$0.00 as of Jul. 09, 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 China Treasures New Materials Group (HKSE:02439) Overvalued in 2026?
Based on GuruFocus' analysis, China Treasures New Materials Group stock appears to be overvalued.
The current stock price of HK$0.34 is trading 70% above its estimated GF Value™ of HK$0.20.
GuruFocus considers China Treasures New Materials Group to be Significantly Overvalued.
Key valuation signals for HKSE:02439:
Median PS Value: HK$0.00
GF Value™: HK$0.20 vs. price of HK$0.34 (70% above fair value)
No single metric tells the full story. See the HKSE:02439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Treasures New Materials Group Business Description
China Treasures New Materials Group Ltd mainly engages in developing and manufacturing biodegradable plastic products in Northeast China. Its biodegradable plastic products mainly come in biodegradable roll bags. The Group provides biodegradable plastic products, including biodegradable masterbatches that can be used to produce biodegradable plastic products. It has two reportable and operating segments: development and manufacture of biodegradable plastic products, and development and manufacture of non-biodegradable automobile plastic parts. The Group generates the majority of its revenue from the development and manufacture of biodegradable plastic products. Geographically, it generates maximum revenue from the People's Republic of China (PRC).
64GF Score
Get the complete analysis for HKSE:02439
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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