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Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) 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.
Hydrogen Freehold and Leasehold REIT PS Ratio Related Terms
Hydrogen Freehold and Leasehold REIT 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.
Hydrogen Freehold and Leasehold REIT PS Ratio Chart
Hydrogen Freehold and Leasehold REIT Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
PS Ratio
111.11
8.97
9.20
7.46
Hydrogen Freehold and Leasehold REIT Quarterly Data
BKK:HYDROGEN vs VICI, WPC, BNL: PS Ratio Comparison
For the REIT - Diversified subindustry, Hydrogen Freehold and Leasehold REIT'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.
Hydrogen Freehold and Leasehold REIT PS Ratio vs REITs Industry
Hydrogen Freehold and Leasehold REIT 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.
Hydrogen Freehold and Leasehold REIT's Share Price of today is ฿8.20. Hydrogen Freehold and Leasehold REIT'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 ฿1.08.
* 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:
Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) has a PS Ratio of 7.58 as of Aug. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hydrogen Freehold and Leasehold REIT and its competitors. This is 10% below median its historical median of 8.40. Over the past decade, Hydrogen Freehold and Leasehold REIT's PS Ratio has ranged from 7.28 to 12.07. According to the industry distribution chart, Hydrogen Freehold and Leasehold REIT ranks #551 out of 903 companies in the REITs industry, placing it in the top 61%.
Is Hydrogen Freehold and Leasehold REIT's PS Ratio too high?
Hydrogen Freehold and Leasehold REIT's current PS Ratio of 7.58 is 10% below median its 10-year median of 8.40. Over the past 10 years, this metric has ranged from a low of 7.28 to a high of 12.07. The REITs industry median PS Ratio is 6.52. Hydrogen Freehold and Leasehold REIT's value of 7.58 is 16.3% above this industry median. Based on the distribution chart, Hydrogen Freehold and Leasehold REIT ranks #551 out of 903 companies in the REITs industry, which is below the industry midpoint. Overall, Hydrogen Freehold and Leasehold REIT has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hydrogen Freehold and Leasehold REIT's PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Hydrogen Freehold and Leasehold REIT ranks #551 out of 903 companies for PS Ratio. This places Hydrogen Freehold and Leasehold REIT in the lower half of its industry. The industry median PS Ratio is 6.52. Hydrogen Freehold and Leasehold REIT's value of 7.58 is 16.3% above this benchmark. Historically, Hydrogen Freehold and Leasehold REIT's own PS Ratio has ranged from 7.28 to 12.07 over the past decade. While the company's 10-year median is 8.40 vs. the industry median of 6.52, Hydrogen Freehold and Leasehold REIT 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 REITs company?
The median PS Ratio among REITs companies is 6.52, based on 903 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. Hydrogen Freehold and Leasehold REIT's current PS Ratio of 7.58 is 16.3% 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 Hydrogen Freehold and Leasehold REIT and its competitors. For the REITs industry, the median PS Ratio is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydrogen Freehold and Leasehold REIT's current PS Ratio is 7.58, which is 10% below median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.40, compared to a current price of ฿8.20 — trading 12.8% below its estimated fair value. The current PS Ratio is 7.58, which is 10% below median its 10-year median of 8.40 and 16.3% above the REITs industry median of 6.52. Hydrogen Freehold and Leasehold REIT's overall GF Score™ is 47/100 with 4 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 Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN), the current PS Ratio is 7.58 as of Aug. 30, 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 Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) Overvalued in 2026?
Based on GuruFocus' analysis, Hydrogen Freehold and Leasehold REIT stock appears to be undervalued.
The current stock price of ฿8.20 is trading 12.8% below its estimated GF Value™ of ฿9.40.
GuruFocus considers Hydrogen Freehold and Leasehold REIT to be Modestly Undervalued.
Key valuation signals for BKK:HYDROGEN:
PS Ratio: 7.58 (10% below median its 10-year median of 8.40)
GF Value™: ฿9.40 vs. price of ฿8.20 (12.8% below fair value)
Industry Position: 16.3% above the REITs median (#551 of 903)
No single metric tells the full story. See the BKK:HYDROGEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hydrogen Freehold and Leasehold REIT is a close-ended trust that invests in the freehold rights, the leasehold and sub-leasehold rights over parts of land, factory, warehouse, and moveable properties of Saha Group Industrial Park - Kabinburi; Saha Group Industrial Park - Mae Sot, Saha Group Industrial Park - Sriracha, and Tiger Suvarnabhumi Distribution Center - Lat Krabang.
47GF Score
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