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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.
The historical rank and industry rank for Neway Valve (Suzhou) Co's Median PS Value or its related term are showing as below:
SHSE:603699'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.53 Med: 0.96 Max: 1.6
Current: 1.32
During the past 13 years, the highest Price to Median PS Value of Neway Valve (Suzhou) Co was 1.60. The lowest was 0.53. And the median was 0.96.
SHSE:603699's Price-to-Median-PS-Value is ranked worse than 62.07% of 1653
companies
in the Industrial Products industry
Industry Median: 1.11
vs SHSE:603699: 1.32
Neway Valve (Suzhou) Co (SHSE:603699) 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.
Neway Valve (Suzhou) Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
45.51
/
34.44
=
1.32
* 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.
Neway Valve (Suzhou) Co Median PS Value Related Terms
Neway Valve (Suzhou) 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.
SHSE:603699 vs GEV, ETN, PH: Median PS Value Comparison
For the Specialty Industrial Machinery subindustry, Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co Price-to-Median-PS-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Neway Valve (Suzhou) Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Neway Valve (Suzhou) Co's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.1856.
Neway Valve (Suzhou) Co's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥10.811.
* 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.
Neway Valve (Suzhou) Co (SHSE:603699) has a Median PS Value of ¥34.44 as of Sep. 02, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Neway Valve (Suzhou) Co and its competitors. According to the industry distribution chart, Neway Valve (Suzhou) Co ranks #1026 out of 1653 companies in the Industrial Products industry, placing it in the top 62.1%.
Is Neway Valve (Suzhou) Co's Median PS Value too high?
Neway Valve (Suzhou) Co's current Median PS Value is ¥34.44. Based on the distribution chart, Neway Valve (Suzhou) Co ranks #1026 out of 1653 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Neway Valve (Suzhou) Co has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neway Valve (Suzhou) Co's Median PS Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Neway Valve (Suzhou) Co ranks #1026 out of 1653 companies for Median PS Value. This places Neway Valve (Suzhou) Co in the lower half of its industry. The industry median Median PS Value is 1.11. 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 Industrial Products company?
The median Median PS Value among Industrial Products companies is 1.11, based on 1,653 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 Neway Valve (Suzhou) Co and its competitors. For the Industrial Products industry, the median Median PS Value is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neway Valve (Suzhou) Co's current Median PS Value is ¥34.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway Valve (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co (SHSE:603699) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥35.44, compared to a current price of ¥45.51 — trading 28.4% above its estimated fair value. The current Median PS Value is ¥34.44. Neway Valve (Suzhou) Co's overall GF Score™ is 92/100 with 2 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 Neway Valve (Suzhou) Co (SHSE:603699), the current Median PS Value is ¥34.44 as of Sep. 02, 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 Neway Valve (Suzhou) Co (SHSE:603699) Overvalued in 2026?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co stock appears to be overvalued.
The current stock price of ¥45.51 is trading 28.4% above its estimated GF Value™ of ¥35.44.
GuruFocus considers Neway Valve (Suzhou) Co to be Modestly Overvalued.
Key valuation signals for SHSE:603699:
Median PS Value: ¥34.44
GF Value™: ¥35.44 vs. price of ¥45.51 (28.4% above fair value)
No single metric tells the full story. See the SHSE:603699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
92GF Score
Get the complete analysis for SHSE:603699
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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