Union Steel HoldingsSGX:ZB9 46 Median PS Value is S$0.28 as of Jul. 12, 2026, which is 100% below its 10-year median of 0.99. GuruFocus rates SGX:ZB9 with a GF Score™ of 46/100 and a GF Value™ of S$0.50 (Fairly Valued). The stock has 5 warning signs investors should review. Among 91 Waste Management companies, Union Steel Holdings ranks worse than 87.91% 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 Union Steel Holdings's Median PS Value or its related term are showing as below:
SGX:ZB9'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.19 Med: 0.99 Max: 2.37
Current: 1.75
During the past 13 years, the highest Price to Median PS Value of Union Steel Holdings was 2.37. The lowest was 0.19. And the median was 0.99.
SGX:ZB9's Price-to-Median-PS-Value is ranked worse than 87.91% of 91
companies
in the Waste Management industry
Industry Median: 0.85
vs SGX:ZB9: 1.75
Union Steel Holdings (SGX:ZB9) 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.
Union Steel Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.49
/
0.28
=
1.75
* 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.
Union Steel Holdings Median PS Value Related Terms
Union Steel Holdings Median PS Value Historical Data
* Premium members only.
The historical data trend for Union Steel 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.
SGX:ZB9 vs WM, RSG, WCN: Median PS Value Comparison
For the Waste Management subindustry, Union Steel 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.
Union Steel Holdings Price-to-Median-PS-Value vs Waste Management Industry
For the Waste Management industry and Industrials sector, Union Steel Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Union Steel Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.3189.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Union Steel Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.878.
* 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.
Union Steel Holdings (SGX:ZB9) has a Median PS Value of S$0.28 as of Jul. 12, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Union Steel Holdings and its competitors. This is 72% below median its historical median of 0.99. Over the past decade, Union Steel Holdings' Median PS Value has ranged from 0.19 to 2.37. According to the industry distribution chart, Union Steel Holdings ranks #80 out of 91 companies in the Waste Management industry, placing it in the top 87.9%.
Is Union Steel Holdings' Median PS Value too high?
Union Steel Holdings' current Median PS Value of S$0.28 is 72% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 2.37. Based on the distribution chart, Union Steel Holdings ranks #80 out of 91 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Union Steel Holdings has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Steel Holdings' Median PS Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Union Steel Holdings ranks #80 out of 91 companies for Median PS Value. This places Union Steel Holdings in the lower half of its industry. The industry median Median PS Value is 0.85. Historically, Union Steel Holdings' own Median PS Value has ranged from 0.19 to 2.37 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 Waste Management company?
The median Median PS Value among Waste Management companies is 0.85, based on 91 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 Union Steel Holdings and its competitors. For the Waste Management industry, the median Median PS Value is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Steel Holdings's current Median PS Value is S$0.28, which is 72% 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 Union Steel Holdings stock overvalued right now?
Based on GuruFocus' analysis, Union Steel Holdings (SGX:ZB9) is currently considered Fairly Valued. The stock's GF Value™ is S$0.50, compared to a current price of S$0.49 — trading 2% below its estimated fair value. The current Median PS Value is S$0.28, which is 72% below median its 10-year median of 0.99. Union Steel Holdings' overall GF Score™ is 46/100 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 Union Steel Holdings (SGX:ZB9), the current Median PS Value is S$0.28 as of Jul. 12, 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 Union Steel Holdings (SGX:ZB9) Overvalued in 2026?
Based on GuruFocus' analysis, Union Steel Holdings stock appears to be undervalued.
The current stock price of S$0.49 is trading 2% below its estimated GF Value™ of S$0.50.
GuruFocus considers Union Steel Holdings to be Fairly Valued.
Key valuation signals for SGX:ZB9:
Median PS Value: S$0.28 (72% below median its 10-year median of 0.99)
GF Value™: S$0.50 vs. price of S$0.49 (2% below fair value)
No single metric tells the full story. See the SGX:ZB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Steel Holdings Ltd is an investment holding company. Its operating segments are Metals, which include import and export of scrap metals, waste collection services, trading, and leasing of metal products.; Scaffolding that provides scaffolding services and related consultancy services; Engineering, including civil construction and engineering work, manufacturing of motor vehicle bodies, and sale and rental of marine deck equipment; and Others that include income from the rental of properties. The company generates the majority of revenue from the Metals segment. Geographically, the company operates mainly in Singapore, followed by India, Thailand, Malaysia, Indonesia, Pakistan, China, Bangladesh, and Other Countries.
46GF Score
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