Tong Hua Holdings PCL (BKK:TH) PS Ratio: 2.32 (As of Jul. 06, 2026) — 66% Below Median


BKK:TH Tong Hua Holdings PCL BKK:TH
63 GF Score
Price ฿0.47
GF Value ฿0.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Tong Hua Holdings PCL PS Ratio?

Tong Hua Holdings PCL BKK:TH 63 PS Ratio is 2.32 as of Jul. 06, 2026, which is 66% below its 10-year median of 6.80. GuruFocus rates BKK:TH with a GF Score™ of 63/100 and a GF Value™ of ฿0.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 110 Diversified Financial Services companies, Tong Hua Holdings PCL ranks better than 61.82% 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, Tong Hua Holdings PCL's share price is ฿0.47. Tong Hua Holdings PCL's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.20. Hence, Tong Hua Holdings PCL's PS Ratio for today is 2.32.

Good Sign:

Tong Hua Holdings PCL stock PS Ratio (=2.32) is close to 10-year low of 2.14.

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

BKK:TH' s PS Ratio Range Over the Past 10 Years
Min: 2.14   Med: 6.8   Max: 91.82
Current: 2.32

During the past 13 years, Tong Hua Holdings PCL's highest PS Ratio was 91.82. The lowest was 2.14. And the median was 6.80.

BKK:TH's PS Ratio is ranked better than
61.82% of 110 companies
in the Diversified Financial Services industry
Industry Median: 3.655 vs BKK:TH: 2.32

Tong Hua Holdings PCL's Revenue per Sharefor the three months ended in Mar. 2026 was ฿0.06. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.20.

Warning Sign:

Tong Hua Holdings PCL 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 Tong Hua Holdings PCL was 3.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was -11.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 22.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 14.30% per year.

During the past 13 years, Tong Hua Holdings PCL's highest 3-Year average Revenue per Share Growth Rate was 138.20% per year. The lowest was -48.80% per year. And the median was 8.60% per year.

Back to Basics: PS Ratio


Tong Hua Holdings PCL  (BKK:TH) 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.


Tong Hua Holdings PCL PS Ratio Related Terms


Tong Hua Holdings PCL PS Ratio Historical Data

* Premium members only.

The historical data trend for Tong Hua Holdings PCL'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.

Tong Hua Holdings PCL PS Ratio Chart

Tong Hua Holdings PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.24 7.30 7.56 3.90 2.01

Tong Hua Holdings PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.01 2.45 2.97 2.01 2.32

BKK:TH vs VOYA, FRHC: PS Ratio Comparison

For the Financial Conglomerates subindustry, Tong Hua Holdings PCL'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.


Tong Hua Holdings PCL PS Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tong Hua Holdings PCL's PS Ratio distribution charts can be found below:

* The bar in red indicates where Tong Hua Holdings PCL's PS Ratio falls into.


BKK:TH
63GF Score
Tong Hua Holdings PCL BKK:TH
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tong Hua Holdings PCL 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.

Tong Hua Holdings PCL's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.47/0.203
=2.32

Tong Hua Holdings PCL's Share Price of today is ฿0.47.
Tong Hua Holdings PCL'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 ฿0.20.

* 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 2.32 mean?
Tong Hua Holdings PCL (BKK:TH) has a PS Ratio of 2.32 as of Jul. 06, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Tong Hua Holdings PCL and its competitors. This is 66% below median its historical median of 6.80. Over the past decade, Tong Hua Holdings PCL's PS Ratio has ranged from 2.14 to 91.82. According to the industry distribution chart, Tong Hua Holdings PCL ranks #42 out of 110 companies in the Diversified Financial Services industry, placing it in the top 38.2%.
Is Tong Hua Holdings PCL's PS Ratio too high?
Tong Hua Holdings PCL's current PS Ratio of 2.32 is 66% below median its 10-year median of 6.80. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 91.82. The Diversified Financial Services industry median PS Ratio is 3.66. Tong Hua Holdings PCL's value of 2.32 is 36.5% below this industry median. Based on the distribution chart, Tong Hua Holdings PCL ranks #42 out of 110 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Tong Hua Holdings PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Hua Holdings PCL's PS Ratio compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Tong Hua Holdings PCL ranks #42 out of 110 companies for PS Ratio. This puts Tong Hua Holdings PCL in the upper half of its industry. The industry median PS Ratio is 3.66. Tong Hua Holdings PCL's value of 2.32 is 36.5% below this benchmark. Historically, Tong Hua Holdings PCL's own PS Ratio has ranged from 2.14 to 91.82 over the past decade. While the company's 10-year median is 6.80 vs. the industry median of 3.66, Tong Hua Holdings PCL has consistently been below 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 Diversified Financial Services company?
The median PS Ratio among Diversified Financial Services companies is 3.66, based on 110 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. Tong Hua Holdings PCL's current PS Ratio of 2.32 is 36.5% below 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 Tong Hua Holdings PCL and its competitors. For the Diversified Financial Services industry, the median PS Ratio is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Hua Holdings PCL's current PS Ratio is 2.32, which is 66% below median its own 10-year median of 6.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Hua Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Tong Hua Holdings PCL (BKK:TH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.47 — trading 25.4% below its estimated fair value. The current PS Ratio is 2.32, which is 66% below median its 10-year median of 6.80 and 36.5% below the Diversified Financial Services industry median of 3.66. Tong Hua Holdings PCL's overall GF Score™ is 63/100 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 Tong Hua Holdings PCL (BKK:TH), the current PS Ratio is 2.32 as of Jul. 06, 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 Tong Hua Holdings PCL (BKK:TH) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Hua Holdings PCL stock appears to be undervalued. The current stock price of ฿0.47 is trading 25.4% below its estimated GF Value™ of ฿0.63. GuruFocus considers Tong Hua Holdings PCL to be Modestly Undervalued.

Key valuation signals for BKK:TH:

  • PS Ratio: 2.32 (66% below median its 10-year median of 6.80)
  • GF Value™: ฿0.63 vs. price of ฿0.47 (25.4% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 36.5% below the Diversified Financial Services median (#42 of 110)

No single metric tells the full story. See the BKK:TH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tong Hua Holdings PCL Business Description

Address 877-881 Charoenkrung Road, Talad Noi, Sumpantavong, Bangkok, THA, 10100
Tong Hua Holdings PCL operates as an investment company. The company's business segments are divided into five segments: i) Producing and distributing newspaper, publishing and providing printing services, ii) Space rental for trading and service business, iii) Investment business, iv) Providing short - term funds in the form of factoring, loans, and v) Asset Management Business. Geographically, it operates mainly in Thailand.
63GF Score

Get the complete analysis for BKK:TH

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.47
Price
฿0.63
GF Value