Jardine Matheson Holdings (FRA:H4W) PS Ratio: 0.53 (As of Jul. 17, 2026) — Near Median

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FRA:H4W Jardine Matheson Holdings Ltd FRA:H4W
71 GF Score
Price €53.40
GF Value €34.85
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Jardine Matheson Holdings PS Ratio?

Jardine Matheson Holdings FRA:H4W +0.56% 71 PS Ratio is 0.53 as of Jul. 17, 2026, which is 4% above its 10-year median of 0.51. GuruFocus rates FRA:H4W with a GF Score™ of 71/100 and a GF Value™ of €34.85 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 551 Conglomerates companies, Jardine Matheson Holdings ranks better than 64.43% 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, Jardine Matheson Holdings's share price is €53.40. Jardine Matheson Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €100.16. Hence, Jardine Matheson Holdings's PS Ratio for today is 0.53.

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

FRA:H4W' s PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.51   Max: 0.76
Current: 0.53

During the past 13 years, Jardine Matheson Holdings's highest PS Ratio was 0.76. The lowest was 0.28. And the median was 0.51.

FRA:H4W's PS Ratio is ranked better than
64.43% of 551 companies
in the Conglomerates industry
Industry Median: 0.92 vs FRA:H4W: 0.53

Jardine Matheson Holdings's Revenue per Sharefor the six months ended in Dec. 2025 was €49.45. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €100.16.

Warning Sign:

Jardine Matheson 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 Jardine Matheson Holdings was -5.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -3.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.40% per year.

During the past 13 years, Jardine Matheson Holdings's highest 3-Year average Revenue per Share Growth Rate was 29.40% per year. The lowest was -4.80% per year. And the median was 5.25% per year.

Back to Basics: PS Ratio


Jardine Matheson Holdings  (FRA:H4W) 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.


Jardine Matheson Holdings PS Ratio Related Terms


Jardine Matheson Holdings PS Ratio Historical Data

* Premium members only.

The historical data trend for Jardine Matheson 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.

Jardine Matheson Holdings PS Ratio Chart

Jardine Matheson Holdings 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 0.48 0.39 0.33 0.33 0.59

Jardine Matheson Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.33 0.00 0.33 0.00 0.59

FRA:H4W vs HON, MMM: PS Ratio Comparison

For the Conglomerates subindustry, Jardine Matheson 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.


Jardine Matheson Holdings PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Matheson Holdings's PS Ratio distribution charts can be found below:

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


FRA:H4W
71GF Score
Jardine Matheson Holdings Ltd FRA:H4W
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jardine Matheson 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.

Jardine Matheson Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=53.40/100.156
=0.53

Jardine Matheson Holdings's Share Price of today is €53.40.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Jardine Matheson Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €100.16.

* 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 0.53 mean?
Jardine Matheson Holdings (FRA:H4W) has a PS Ratio of 0.53 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Jardine Matheson Holdings and its competitors. This is near median its historical median of 0.51. Over the past decade, Jardine Matheson Holdings' PS Ratio has ranged from 0.28 to 0.76. According to the industry distribution chart, Jardine Matheson Holdings ranks #196 out of 551 companies in the Conglomerates industry, placing it in the top 35.6%.
Is Jardine Matheson Holdings' PS Ratio too high?
Jardine Matheson Holdings' current PS Ratio of 0.53 is near median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.76. The Conglomerates industry median PS Ratio is 0.92. Jardine Matheson Holdings' value of 0.53 is 42.4% below this industry median. Based on the distribution chart, Jardine Matheson Holdings ranks #196 out of 551 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Jardine Matheson Holdings has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jardine Matheson Holdings' PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Jardine Matheson Holdings ranks #196 out of 551 companies for PS Ratio. This puts Jardine Matheson Holdings in the upper half of its industry. The industry median PS Ratio is 0.92. Jardine Matheson Holdings' value of 0.53 is 42.4% below this benchmark. Historically, Jardine Matheson Holdings' own PS Ratio has ranged from 0.28 to 0.76 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.92, Jardine Matheson Holdings 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 Conglomerates company?
The median PS Ratio among Conglomerates companies is 0.92, based on 551 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. Jardine Matheson Holdings's current PS Ratio of 0.53 is 42.4% 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 Jardine Matheson Holdings and its competitors. For the Conglomerates industry, the median PS Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jardine Matheson Holdings's current PS Ratio is 0.53, which is near median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jardine Matheson Holdings stock overvalued right now?
Based on GuruFocus' analysis, Jardine Matheson Holdings (FRA:H4W) is currently considered Significantly Overvalued. The stock's GF Value™ is €34.85, compared to a current price of €53.40 — trading 53.2% above its estimated fair value. The current PS Ratio is 0.53, which is near median its 10-year median of 0.51 and 42.4% below the Conglomerates industry median of 0.92. Jardine Matheson Holdings' overall GF Score™ is 71/100 with 3 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 Jardine Matheson Holdings (FRA:H4W), the current PS Ratio is 0.53 as of Jul. 17, 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 Jardine Matheson Holdings (FRA:H4W) Overvalued in 2026?

Based on GuruFocus' analysis, Jardine Matheson Holdings stock appears to be overvalued. The current stock price of €53.40 is trading 53.2% above its estimated GF Value™ of €34.85. GuruFocus considers Jardine Matheson Holdings to be Significantly Overvalued.

Key valuation signals for FRA:H4W:

  • PS Ratio: 0.53 (near median its 10-year median of 0.51)
  • GF Value™: €34.85 vs. price of €53.40 (53.2% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 42.4% below the Conglomerates median (#196 of 551)

No single metric tells the full story. See the FRA:H4W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jardine Matheson Holdings Business Description

Address 33-35 Reid Street, 4th Floor, Jardine House, P.O. Box HM 1068, Hamilton, BMU, HM 12
Jardine Matheson Holdings Ltd is a conglomerate of businesses operating in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, key businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.
71GF Score

Get the complete analysis for FRA:H4W

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

€53.40
Price
€34.85
GF Value