AXG (Solowin Holdings) PS Ratio: 16.98 (As of Jul. 04, 2026) — 32% Above Median


AXG Solowin Holdings Ltd AXG
12 GF Score
Price $3.26
! 7 Warning Signs
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What is Solowin Holdings PS Ratio?

Solowin Holdings AXG 12 PS Ratio is 16.98 as of Jul. 04, 2026, which is 32% above its 10-year median of 12.88. GuruFocus rates AXG with a GF Score™ of 12/100. The stock has 7 warning signs investors should review. Among 759 Capital Markets companies, Solowin Holdings ranks worse than 84.58% 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, Solowin Holdings's share price is $3.26. Solowin Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was $0.19. Hence, Solowin Holdings's PS Ratio for today is 16.98.

The historical rank and industry rank for Solowin Holdings's PS Ratio or its related term are showing as below:

AXG' s PS Ratio Range Over the Past 10 Years
Min: 3.9   Med: 12.88   Max: 88.21
Current: 16.98

During the past 5 years, Solowin Holdings's highest PS Ratio was 88.21. The lowest was 3.90. And the median was 12.88.

AXG's PS Ratio is ranked worse than
84.58% of 759 companies
in the Capital Markets industry
Industry Median: 4.18 vs AXG: 16.98

Solowin Holdings's Revenue per Sharefor the six months ended in Sep. 2025 was $0.08. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was $0.19.

Warning Sign:

Solowin Holdings Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Solowin Holdings was 7.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -8.60% per year.

During the past 5 years, Solowin Holdings's highest 3-Year average Revenue per Share Growth Rate was 54.70% per year. The lowest was -8.60% per year. And the median was 23.05% per year.

Back to Basics: PS Ratio


Solowin Holdings  (NAS:AXG) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Solowin Holdings PS Ratio Related Terms


Solowin Holdings PS Ratio Historical Data

* Premium members only.

The historical data trend for Solowin Holdings's PS Ratio 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.

Solowin Holdings PS Ratio Chart

Solowin Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
PS Ratio
0.00 0.00 0.00 19.75 8.93

Solowin Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 19.75 0.00 8.93 0.00

AXG vs BTGO, BTBT, RHNO: PS Ratio Comparison

For the Capital Markets subindustry, Solowin Holdings'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.


Solowin Holdings PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Solowin Holdings's PS Ratio distribution charts can be found below:

* The bar in red indicates where Solowin Holdings's PS Ratio falls into.


AXG
12GF Score
Solowin Holdings Ltd AXG
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Solowin Holdings PS Ratio Calculation

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.

Solowin Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3.26/0.192
=16.98

Solowin Holdings's Share Price of today is $3.26.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Solowin Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was $0.19.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 16.98 mean?
Solowin Holdings (AXG) has a PS Ratio of 16.98 as of Jul. 04, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Solowin Holdings and its competitors. This is 32% above median its historical median of 12.88. Over the past decade, Solowin Holdings' PS Ratio has ranged from 3.90 to 88.21. According to the industry distribution chart, Solowin Holdings ranks #642 out of 759 companies in the Capital Markets industry, placing it in the top 84.6%.
Is Solowin Holdings' PS Ratio too high?
Solowin Holdings' current PS Ratio of 16.98 is 32% above median its 10-year median of 12.88. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 88.21. The Capital Markets industry median PS Ratio is 4.18. Solowin Holdings' value of 16.98 is 306.2% above this industry median. Based on the distribution chart, Solowin Holdings ranks #642 out of 759 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Solowin Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Solowin Holdings' PS Ratio compare to BTGO and BTBT?
According to the Capital Markets industry distribution chart, Solowin Holdings ranks #642 out of 759 companies for PS Ratio. This places Solowin Holdings in the lower half of its industry. The industry median PS Ratio is 4.18. Solowin Holdings' value of 16.98 is 306.2% above this benchmark. Historically, Solowin Holdings' own PS Ratio has ranged from 3.90 to 88.21 over the past decade. While the company's 10-year median is 12.88 vs. the industry median of 4.18, Solowin Holdings 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 a Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.18, based on 759 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. Solowin Holdings's current PS Ratio of 16.98 is 306.2% 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 Solowin Holdings and its competitors. For the Capital Markets industry, the median PS Ratio is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solowin Holdings's current PS Ratio is 16.98, which is 32% above median its own 10-year median of 12.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solowin Holdings stock overvalued right now?
Solowin Holdings (AXG) has a current PS Ratio of 16.98. The current PS Ratio is 16.98, which is 32% above median its 10-year median of 12.88 and 306.2% above the Capital Markets industry median of 4.18. Solowin Holdings' overall GF Score™ is 12/100 with 7 warning signs 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 Solowin Holdings (AXG), the current PS Ratio is 16.98 as of Jul. 04, 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.

Solowin Holdings Business Description

Address 33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Solowin Holdings Ltd is an investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its secure one-stop electronic platform. It is engaged in providing securities-related services, investment advisory services, and asset management services to customers. The operations were organized into four reportable segments: Corporate Finance Services, Wealth Management Services, Asset Management Services and Virtual Assets. It derives maximum revenue from Wealth Management Services.
12GF Score

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$3.26
Price