Hearts And Minds InvestmentsASX:HM1 -0.68%37 PS Ratio is 16.24 as of Jul. 03, 2026, which is 81% above its 10-year median of 8.97. GuruFocus rates ASX:HM1 with a GF Score™ of 37/100 and a GF Value™ of A$1.51 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,405 Asset Management companies, Hearts And Minds Investments ranks worse than 75.16% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Hearts And Minds Investments's share price is A$2.94.
Hearts And Minds Investments's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.18. Hence, Hearts And Minds Investments's PS Ratio for today is 16.24.
Good Sign:
Hearts And Minds Investments Ltd stock PS Ratio (=3.97) is close to 10-year low of 3.76.
The historical rank and industry rank for Hearts And Minds Investments's PS Ratio or its related term are showing as below:
ASX:HM1'
s PS Ratio Range Over the Past 10 Years
Min: 3.76 Med: 8.97 Max: 218.18
Current: 16.25
During the past 7 years, Hearts And Minds Investments's highest PS Ratio was 218.18. The lowest was 3.76. And the median was 8.97.
ASX:HM1's PS Ratio is ranked worse than 75.16% of 1405
companies
in the Asset Management industry
Industry Median: 7.36
vs ASX:HM1: 16.25
During the past 7 years, Hearts And Minds Investments's highest 3-Year average Revenue per Share Growth Rate was 125.40% per year. The lowest was 125.40% per year. And the median was 125.40% per year.
Back to Basics: PS Ratio
Hearts And Minds Investments (ASX:HM1) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Hearts And Minds Investments PS Ratio Related Terms
Hearts And Minds Investments PS Ratio 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.
For the Asset Management subindustry, Hearts And Minds Investments's PS Ratio, along with its competitors' market caps and PS Ratio 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.
Hearts And Minds Investments PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hearts And Minds Investments's PS Ratio distribution charts can be found below:
* The bar in red indicates where Hearts And Minds Investments's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Hearts And Minds Investments's Share Price of today is A$2.94.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hearts And Minds Investments's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.18.
* 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.
It can also be calculated from the numbers for the whole company:
Hearts And Minds Investments (ASX:HM1) has a PS Ratio of 16.24 as of Jul. 03, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hearts And Minds Investments and its competitors. This is 81% above median its historical median of 8.97. Over the past decade, Hearts And Minds Investments' PS Ratio has ranged from 3.76 to 218.18. According to the industry distribution chart, Hearts And Minds Investments ranks #1056 out of 1405 companies in the Asset Management industry, placing it in the top 75.2%.
Is Hearts And Minds Investments' PS Ratio too high?
Hearts And Minds Investments' current PS Ratio of 16.24 is 81% above median its 10-year median of 8.97. Over the past 10 years, this metric has ranged from a low of 3.76 to a high of 218.18. The Asset Management industry median PS Ratio is 7.36. Hearts And Minds Investments' value of 16.24 is 120.7% above this industry median. Based on the distribution chart, Hearts And Minds Investments ranks #1056 out of 1405 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Hearts And Minds Investments has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hearts And Minds Investments' PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Hearts And Minds Investments ranks #1056 out of 1405 companies for PS Ratio. This places Hearts And Minds Investments in the lower half of its industry. The industry median PS Ratio is 7.36. Hearts And Minds Investments' value of 16.24 is 120.7% above this benchmark. Historically, Hearts And Minds Investments' own PS Ratio has ranged from 3.76 to 218.18 over the past decade. While the company's 10-year median is 8.97 vs. the industry median of 7.36, Hearts And Minds Investments 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 PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.36, based on 1,405 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hearts And Minds Investments's current PS Ratio of 16.24 is 120.7% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hearts And Minds Investments and its competitors. For the Asset Management industry, the median PS Ratio is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hearts And Minds Investments's current PS Ratio is 16.24, which is 81% above median its own 10-year median of 8.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hearts And Minds Investments stock overvalued right now?
Based on GuruFocus' analysis, Hearts And Minds Investments (ASX:HM1) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.51, compared to a current price of A$2.94 — trading 94.7% above its estimated fair value. The current PS Ratio is 16.24, which is 81% above median its 10-year median of 8.97 and 120.7% above the Asset Management industry median of 7.36. Hearts And Minds Investments' overall GF Score™ is 37/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Hearts And Minds Investments (ASX:HM1), the current PS Ratio is 16.24 as of Jul. 03, 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 Hearts And Minds Investments (ASX:HM1) Overvalued in 2026?
Based on GuruFocus' analysis, Hearts And Minds Investments stock appears to be overvalued.
The current stock price of A$2.94 is trading 94.7% above its estimated GF Value™ of A$1.51.
GuruFocus considers Hearts And Minds Investments to be Significantly Overvalued.
Key valuation signals for ASX:HM1:
PS Ratio: 16.24 (81% above median its 10-year median of 8.97)
GF Value™: A$1.51 vs. price of A$2.94 (94.7% above fair value)
Industry Position: 120.7% above the Asset Management median (#1056 of 1405)
No single metric tells the full story. See the ASX:HM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, the company has investments in the United States, Australia, Hong Kong, Germany, Canada, and the United Kingdom.
37GF Score
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