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Noah HoldingsNOAH -0.81%73 Median PS Value is $19.09 as of Jul. 24, 2026, which is 3371% above its 10-year median of 0.55. GuruFocus rates NOAH with a GF Score™ of 73/100 and a GF Value™ of $11.20 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 302 Asset Management companies, Noah Holdings ranks better than 87.75% 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. Noah Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $5.289. Noah Holdings's 10-Year median PS Ratio is 3.6094. Therefore, the Median PS Value for today is $19.09.
As of today (2026-07-24), Noah Holdings's share price is $8.57. Noah Holdings's Median PS Value is $19.09. Therefore, Noah Holdings's Price to Median PS Value for today is 0.45.
The historical rank and industry rank for Noah Holdings's Median PS Value or its related term are showing as below:
NOAH'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.36 Med: 0.55 Max: 1.2
Current: 0.45
During the past 13 years, the highest Price to Median PS Value of Noah Holdings was 1.20. The lowest was 0.36. And the median was 0.55.
NOAH's Price-to-Median-PS-Value is ranked better than 87.75% of 302
companies
in the Asset Management industry
Industry Median: 1.055
vs NOAH: 0.45
Noah Holdings (NYSE:NOAH) 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.
Noah Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
8.57
/
19.09
=
0.45
* 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.
Noah Holdings Median PS Value Related Terms
Noah Holdings Median PS Value Historical Data
* Premium members only.
The historical data trend for Noah 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.
For the Asset Management subindustry, Noah 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.
Noah Holdings Price-to-Median-PS-Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Noah Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Noah Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.6094.
Noah Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.289.
* 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.
Noah Holdings (NOAH) has a Median PS Value of $19.09 as of Jul. 24, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Noah Holdings and its competitors. This is 3371% above median its historical median of 0.55. Over the past decade, Noah Holdings' Median PS Value has ranged from 0.36 to 1.20. According to the industry distribution chart, Noah Holdings ranks #37 out of 302 companies in the Asset Management industry, placing it in the top 12.3%.
Is Noah Holdings' Median PS Value too high?
Noah Holdings' current Median PS Value of $19.09 is 3371% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.20. The Asset Management industry median Median PS Value is 1.06. Noah Holdings' value of $19.09 is 1709.5% above this industry median. Based on the distribution chart, Noah Holdings ranks #37 out of 302 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Noah Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noah Holdings' Median PS Value compare to BHK and MUJ?
According to the Asset Management industry distribution chart, Noah Holdings ranks #37 out of 302 companies for Median PS Value. This places Noah Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Median PS Value is 1.06. Noah Holdings' value of $19.09 is 1709.5% above this benchmark. Historically, Noah Holdings' own Median PS Value has ranged from 0.36 to 1.20 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.06, Noah 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 an Asset Management company?
The median Median PS Value among Asset Management companies is 1.06, based on 302 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. Noah Holdings's current Median PS Value of $19.09 is 1709.5% 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 Noah Holdings and its competitors. For the Asset Management industry, the median Median PS Value is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noah Holdings's current Median PS Value is $19.09, which is 3371% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Noah Holdings (NOAH) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.20, compared to a current price of $8.57 — trading 23.5% below its estimated fair value. The current Median PS Value is $19.09, which is 3371% above median its 10-year median of 0.55 and 1709.5% above the Asset Management industry median of 1.06. Noah Holdings' overall GF Score™ is 73/100 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 Noah Holdings (NOAH), the current Median PS Value is $19.09 as of Jul. 24, 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 Noah Holdings (NOAH) Overvalued in 2026?
Based on GuruFocus' analysis, Noah Holdings stock appears to be undervalued.
The current stock price of $8.57 is trading 23.5% below its estimated GF Value™ of $11.20.
GuruFocus considers Noah Holdings to be Modestly Undervalued.
Key valuation signals for NOAH:
Median PS Value: $19.09 (3371% above median its 10-year median of 0.55)
GF Value™: $11.20 vs. price of $8.57 (23.5% below fair value)
Industry Position: 1709.5% above the Asset Management median (#37 of 302)
No single metric tells the full story. See the NOAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Noah Holdings Ltd is a wealth management service provider offering comprehensive advisory services on investment and asset allocation, mainly for Mandarin-speaking high-net-worth (HNW) investors. The company's operating segments are Domestic public securities, Domestic asset management, Domestic insurance, Overseas wealth management, Overseas asset management, Overseas insurance and comprehensive services, and Headquarters. Maximum revenue is generated from its Domestic asset management business, which manages private equity funds, real estate equity funds, and private secondary products. The domestic asset management operations focus on managing primary market exits and cross-border ETF products in the secondary market. Geographically, it derives maximum revenue from Mainland China.
73GF Score
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Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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