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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:08286's Price-to-Median-PS-Value is ranked better than 89.63% of 1562
companies
in the Hardware industry
Industry Median: 1.265
vs HKSE:08286: 0.54
Shanxi Changcheng Microlight Equipment Co (HKSE:08286) 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.
Shanxi Changcheng Microlight Equipment Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.108
/
0.20
=
0.54
* 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.
Shanxi Changcheng Microlight Equipment Co Median PS Value Related Terms
Shanxi Changcheng Microlight Equipment 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.
Shanxi Changcheng Microlight Equipment Co Median PS Value Chart
Shanxi Changcheng Microlight Equipment Co Annual Data
HKSE:08286 vs CSCO, CIEN, MSI: Median PS Value Comparison
For the Communication Equipment subindustry, Shanxi Changcheng Microlight Equipment 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.
Shanxi Changcheng Microlight Equipment Co Price-to-Median-PS-Value vs Hardware Industry
* 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.
Shanxi Changcheng Microlight Equipment Co (HKSE:08286) has a Median PS Value of HK$0.20 as of Jul. 14, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Shanxi Changcheng Microlight Equipment Co and its competitors. This is 80% below median its historical median of 0.99. Over the past decade, Shanxi Changcheng Microlight Equipment Co's Median PS Value has ranged from 0.22 to 3.33. According to the industry distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #162 out of 1562 companies in the Hardware industry, placing it in the top 10.4%.
Is Shanxi Changcheng Microlight Equipment Co's Median PS Value too high?
Shanxi Changcheng Microlight Equipment Co's current Median PS Value of HK$0.20 is 80% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 3.33. Based on the distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #162 out of 1562 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shanxi Changcheng Microlight Equipment Co has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Changcheng Microlight Equipment Co's Median PS Value compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #162 out of 1562 companies for Median PS Value. This places Shanxi Changcheng Microlight Equipment Co in the top 10% of its industry — outperforming the majority of peers. The industry median Median PS Value is 1.27. Historically, Shanxi Changcheng Microlight Equipment Co's own Median PS Value has ranged from 0.22 to 3.33 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 Hardware company?
The median Median PS Value among Hardware companies is 1.27, based on 1,562 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 Shanxi Changcheng Microlight Equipment Co and its competitors. For the Hardware industry, the median Median PS Value is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Changcheng Microlight Equipment Co's current Median PS Value is HK$0.20, which is 80% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Changcheng Microlight Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Changcheng Microlight Equipment Co (HKSE:08286) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.11 — trading 10% below its estimated fair value. The current Median PS Value is HK$0.20, which is 80% below median its 10-year median of 0.99. Shanxi Changcheng Microlight Equipment Co's overall GF Score™ is 40/100 with 3 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 Shanxi Changcheng Microlight Equipment Co (HKSE:08286), the current Median PS Value is HK$0.20 as of Jul. 14, 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 Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Changcheng Microlight Equipment Co stock appears to be undervalued.
The current stock price of HK$0.11 is trading 10% below its estimated GF Value™ of HK$0.12.
GuruFocus considers Shanxi Changcheng Microlight Equipment Co to be Modestly Undervalued.
Key valuation signals for HKSE:08286:
Median PS Value: HK$0.20 (80% below median its 10-year median of 0.99)
GF Value™: HK$0.12 vs. price of HK$0.11 (10% below fair value)
No single metric tells the full story. See the HKSE:08286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanxi Changcheng Microlight Equipment Co Business Description
Shanxi Changcheng Microlight Equipment Co Ltd is a China-based company engaged in the design, research, development, manufacture, and sale of image transmission fiber optic products. Image transmission fiber optics products manufactured by the company are image transmission devices containing a rigidly bundle of optical fibers arranged in an ordered fashion so that images can be transmitted from one end of the optical fiber bundle and displayed on the other end of the bundle. The company produces five main products, including fiber optic inverters, fiber optic straight plates, fiber optic face plates, fiber optic tapers and microchannel plates. The company geographically operates in PRC, Russia, Europe and Hong Kong, out of which PRC derives maximum revenue.
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