Harvey Norman HoldingsHNORY 72 Median PS Value is $16.43 as of Jun. 26, 2026, which is 1686% above its 10-year median of 0.92. GuruFocus rates HNORY with a GF Score™ of 72/100 and a GF Value™ of $10.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 643 Retail - Cyclical companies, Harvey Norman Holdings ranks worse than 56.3% 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 Harvey Norman Holdings's Median PS Value or its related term are showing as below:
HNORY'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.7 Med: 0.92 Max: 1.18
Current: 0.95
During the past 13 years, the highest Price to Median PS Value of Harvey Norman Holdings was 1.18. The lowest was 0.70. And the median was 0.92.
HNORY's Price-to-Median-PS-Value is ranked worse than 56.3% of 643
companies
in the Retail - Cyclical industry
Industry Median: 0.9
vs HNORY: 0.95
Harvey Norman Holdings (OTCPK:HNORY) 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.
Harvey Norman Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
15.62
/
16.43
=
0.95
* 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.
Harvey Norman Holdings Median PS Value Related Terms
Harvey Norman Holdings Median PS Value Historical Data
* Premium members only.
The historical data trend for Harvey Norman Holdings'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.
HNORY vs CASY, WSM, ULTA: Median PS Value Comparison
For the Specialty Retail subindustry, Harvey Norman 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.
Harvey Norman Holdings Price-to-Median-PS-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Harvey Norman Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Harvey Norman Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.4362.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Harvey Norman Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $11.44.
* 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.
Harvey Norman Holdings (HNORY) has a Median PS Value of $16.43 as of Jun. 26, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Harvey Norman Holdings and its competitors. This is 1686% above median its historical median of 0.92. Over the past decade, Harvey Norman Holdings' Median PS Value has ranged from 0.70 to 1.18. According to the industry distribution chart, Harvey Norman Holdings ranks #362 out of 643 companies in the Retail - Cyclical industry, placing it in the top 56.3%.
Is Harvey Norman Holdings' Median PS Value too high?
Harvey Norman Holdings' current Median PS Value of $16.43 is 1686% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.18. The Retail - Cyclical industry median Median PS Value is 0.90. Harvey Norman Holdings' value of $16.43 is 1725.6% above this industry median. Based on the distribution chart, Harvey Norman Holdings ranks #362 out of 643 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Harvey Norman Holdings has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harvey Norman Holdings' Median PS Value compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Harvey Norman Holdings ranks #362 out of 643 companies for Median PS Value. This places Harvey Norman Holdings in the lower half of its industry. The industry median Median PS Value is 0.90. Harvey Norman Holdings' value of $16.43 is 1725.6% above this benchmark. Historically, Harvey Norman Holdings' own Median PS Value has ranged from 0.70 to 1.18 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.90, Harvey Norman Holdings has consistently been above the industry average. 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 0.90, based on 643 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. Harvey Norman Holdings's current Median PS Value of $16.43 is 1725.6% above the industry median. 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 Harvey Norman Holdings and its competitors. For the Retail - Cyclical industry, the median Median PS Value is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harvey Norman Holdings's current Median PS Value is $16.43, which is 1686% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvey Norman Holdings stock overvalued right now?
Based on GuruFocus' analysis, Harvey Norman Holdings (HNORY) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.79, compared to a current price of $15.62 — trading 44.8% above its estimated fair value. The current Median PS Value is $16.43, which is 1686% above median its 10-year median of 0.92 and 1725.6% above the Retail - Cyclical industry median of 0.90. Harvey Norman Holdings' overall GF Score™ is 72/100 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 Harvey Norman Holdings (HNORY), the current Median PS Value is $16.43 as of Jun. 26, 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 Harvey Norman Holdings (HNORY) Overvalued in 2026?
Based on GuruFocus' analysis, Harvey Norman Holdings stock appears to be overvalued.
The current stock price of $15.62 is trading 44.8% above its estimated GF Value™ of $10.79.
GuruFocus considers Harvey Norman Holdings to be Significantly Overvalued.
Key valuation signals for HNORY:
Median PS Value: $16.43 (1686% above median its 10-year median of 0.92)
GF Value™: $10.79 vs. price of $15.62 (44.8% above fair value)
Industry Position: 1725.6% above the Retail - Cyclical median (#362 of 643)
No single metric tells the full story. See the HNORY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harvey Norman Holdings Limited is the franchisor of Harvey Norman, a leading Australia-based retailer that sells goods from the electrical, computer, furniture, entertainment, and bedding sectors. The majority of earnings are generated in Australia, with the international divisions gradually growing in significance.
72GF Score
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