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Zhejiang Xinao TextilesSHSE:603889 -2.53%92 Median PS Value is ¥6.55 as of Jul. 18, 2026, which is 100% below its 10-year median of 0.87. GuruFocus rates SHSE:603889 with a GF Score™ of 92/100 and a GF Value™ of ¥6.64 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 671 Manufacturing - Apparel & Accessories companies, Zhejiang Xinao Textiles ranks better than 63.93% 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 Zhejiang Xinao Textiles's Median PS Value or its related term are showing as below:
SHSE:603889'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.73 Med: 0.87 Max: 0.97
Current: 0.82
During the past 13 years, the highest Price to Median PS Value of Zhejiang Xinao Textiles was 0.97. The lowest was 0.73. And the median was 0.87.
SHSE:603889's Price-to-Median-PS-Value is ranked better than 63.93% of 671
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1
vs SHSE:603889: 0.82
Zhejiang Xinao Textiles (SHSE:603889) 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.
Zhejiang Xinao Textiles's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
5.39
/
6.55
=
0.82
* 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.
Zhejiang Xinao Textiles Median PS Value Related Terms
Zhejiang Xinao Textiles 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.
Zhejiang Xinao Textiles Median PS Value Competitor Comparison
For the Textile Manufacturing subindustry, Zhejiang Xinao Textiles'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.
Zhejiang Xinao Textiles Price-to-Median-PS-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Xinao Textiles's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Zhejiang Xinao Textiles's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.1922.
Zhejiang Xinao Textiles'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 ¥5.494.
* 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.
Zhejiang Xinao Textiles (SHSE:603889) has a Median PS Value of ¥6.55 as of Jul. 18, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Zhejiang Xinao Textiles and its competitors. This is 653% above median its historical median of 0.87. Over the past decade, Zhejiang Xinao Textiles' Median PS Value has ranged from 0.73 to 0.97. According to the industry distribution chart, Zhejiang Xinao Textiles ranks #242 out of 671 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.1%.
Is Zhejiang Xinao Textiles' Median PS Value too high?
Zhejiang Xinao Textiles' current Median PS Value of ¥6.55 is 653% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 0.97. Based on the distribution chart, Zhejiang Xinao Textiles ranks #242 out of 671 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Zhejiang Xinao Textiles has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinao Textiles' Median PS Value compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Xinao Textiles ranks #242 out of 671 companies for Median PS Value. This puts Zhejiang Xinao Textiles in the upper half of its industry. The industry median Median PS Value is 1.00. Historically, Zhejiang Xinao Textiles' own Median PS Value has ranged from 0.73 to 0.97 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 Manufacturing - Apparel & Accessories company?
The median Median PS Value among Manufacturing - Apparel & Accessories companies is 1.00, based on 671 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 Zhejiang Xinao Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Median PS Value is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinao Textiles's current Median PS Value is ¥6.55, which is 653% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinao Textiles stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Xinao Textiles (SHSE:603889) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.64, compared to a current price of ¥5.39 — trading 18.8% below its estimated fair value. The current Median PS Value is ¥6.55, which is 653% above median its 10-year median of 0.87. Zhejiang Xinao Textiles' overall GF Score™ is 92/100 with 4 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 Zhejiang Xinao Textiles (SHSE:603889), the current Median PS Value is ¥6.55 as of Jul. 18, 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 Zhejiang Xinao Textiles (SHSE:603889) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Xinao Textiles stock appears to be undervalued.
The current stock price of ¥5.39 is trading 18.8% below its estimated GF Value™ of ¥6.64.
GuruFocus considers Zhejiang Xinao Textiles to be Modestly Undervalued.
Key valuation signals for SHSE:603889:
Median PS Value: ¥6.55 (653% above median its 10-year median of 0.87)
GF Value™: ¥6.64 vs. price of ¥5.39 (18.8% below fair value)
No single metric tells the full story. See the SHSE:603889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Xinao Textiles Inc along with its subsidiaries is engaged in research, development, production & sales of worsted yarn. The company's main products and services include: worsted, woolen pure wool, and wool blended yarns; woolen, worsted pure cashmere and cashmere blended yarns.
92GF 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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