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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.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. The Hour Glass's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was S$2.073. The Hour Glass's 10-Year median PS Ratio is 0.8828. Therefore, the Median PS Value for today is S$1.83.
As of today (2026-08-28), The Hour Glass's share price is S$2.73. The Hour Glass's Median PS Value is S$1.83. Therefore, The Hour Glass's Price to Median PS Value for today is 1.49.
The historical rank and industry rank for The Hour Glass's Median PS Value or its related term are showing as below:
SGX:AGS'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.76 Med: 1.23 Max: 2.28
Current: 1.49
During the past 13 years, the highest Price to Median PS Value of The Hour Glass was 2.28. The lowest was 0.76. And the median was 1.23.
SGX:AGS's Price-to-Median-PS-Value is ranked worse than 82.72% of 648
companies
in the Retail - Cyclical industry
Industry Median: 0.9
vs SGX:AGS: 1.49
The Hour Glass (SGX:AGS) 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.
The Hour Glass's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
2.73
/
1.83
=
1.49
* 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.
The Hour Glass Median PS Value Related Terms
The Hour Glass Median PS Value Historical Data
* Premium members only.
The historical data trend for The Hour Glass'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 Luxury Goods subindustry, The Hour Glass'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.
The Hour Glass Price-to-Median-PS-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, The Hour Glass's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where The Hour Glass's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.8828.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. The Hour Glass's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was S$2.073.
* 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.
The Hour Glass (SGX:AGS) has a Median PS Value of S$1.83 as of Aug. 28, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on The Hour Glass and its competitors. According to the industry distribution chart, The Hour Glass ranks #536 out of 648 companies in the Retail - Cyclical industry, placing it in the top 82.7%.
Is The Hour Glass' Median PS Value too high?
The Hour Glass' current Median PS Value is S$1.83. Based on the distribution chart, The Hour Glass ranks #536 out of 648 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, The Hour Glass has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Hour Glass' Median PS Value compare to TPR?
According to the Retail - Cyclical industry distribution chart, The Hour Glass ranks #536 out of 648 companies for Median PS Value. This places The Hour Glass in the lower half of its industry. The industry median Median PS Value is 0.90. 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 648 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 The Hour Glass 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. The Hour Glass's current Median PS Value is S$1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hour Glass stock overvalued right now?
Based on GuruFocus' analysis, The Hour Glass (SGX:AGS) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.07, compared to a current price of S$2.73 — trading 31.9% above its estimated fair value. The current Median PS Value is S$1.83. The Hour Glass' overall GF Score™ is 89/100 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 The Hour Glass (SGX:AGS), the current Median PS Value is S$1.83 as of Aug. 28, 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 The Hour Glass (SGX:AGS) Overvalued in 2026?
Based on GuruFocus' analysis, The Hour Glass stock appears to be overvalued.
The current stock price of S$2.73 is trading 31.9% above its estimated GF Value™ of S$2.07.
GuruFocus considers The Hour Glass to be Significantly Overvalued.
Key valuation signals for SGX:AGS:
Median PS Value: S$1.83
GF Value™: S$2.07 vs. price of S$2.73 (31.9% above fair value)
No single metric tells the full story. See the SGX:AGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Hour Glass Ltd is a Singapore-based investment holding company. Along with its subsidiaries, the company is engaged in retailing and distribution of watches, jewellery, and other luxury products, investment in properties, and investment holding. It retails watches, jewellery, and other luxury products of brands such as Rolex, Patek Philippe, Akrivia, Daniel Roth, Hublot, Biver, Omega, Bvlgari, Cartier, and others through boutique stores across Singapore, Malaysia, Thailand, Vietnam, Hong Kong, Japan, Australia, and New Zealand. Geographically, the group generates maximum revenue from Southeast Asia and Oceania, followed by Northeast Asia.
89GF Score
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