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HashKey HoldingsFRA:QO1 -0.68%11 PS Ratio is 5.56 as of Sep. 01, 2026, which is 33% below its 10-year median of 8.36. GuruFocus rates FRA:QO1 with a GF Score™ of 11/100. The stock has 5 warning signs investors should review. Among 750 Capital Markets companies, HashKey Holdings ranks worse than 73.2% 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, HashKey Holdings's share price is €0.2614.
HashKey Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.05. Hence, HashKey Holdings's PS Ratio for today is 5.56.
The historical rank and industry rank for HashKey Holdings's PS Ratio or its related term are showing as below:
FRA:QO1'
s PS Ratio Range Over the Past 10 Years
Min: 3.37 Med: 8.36 Max: 22.87
Current: 9.26
During the past 4 years, HashKey Holdings's highest PS Ratio was 22.87. The lowest was 3.37. And the median was 8.36.
FRA:QO1's PS Ratio is ranked worse than 73.2% of 750
companies
in the Capital Markets industry
Industry Median: 4.05
vs FRA:QO1: 9.26
During the past 4 years, HashKey Holdings's highest 3-Year average Revenue per Share Growth Rate was 121.60% per year. The lowest was 121.60% per year. And the median was 121.60% per year.
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.
HashKey Holdings PS Ratio Related Terms
HashKey Holdings PS Ratio Historical Data
* Premium members only.
The historical data trend for HashKey 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.
For the Financial Data & Stock Exchanges subindustry, HashKey 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.
HashKey Holdings PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, HashKey Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where HashKey Holdings'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.
HashKey Holdings's Share Price of today is €0.2614.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HashKey Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.05.
* 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:
HashKey Holdings (FRA:QO1) has a PS Ratio of 5.56 as of Sep. 01, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on HashKey Holdings and its competitors. This is 33% below median its historical median of 8.36. Over the past decade, HashKey Holdings' PS Ratio has ranged from 3.37 to 22.87. According to the industry distribution chart, HashKey Holdings ranks #549 out of 750 companies in the Capital Markets industry, placing it in the top 73.2%.
Is HashKey Holdings' PS Ratio too high?
HashKey Holdings' current PS Ratio of 5.56 is 33% below median its 10-year median of 8.36. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 22.87. The Capital Markets industry median PS Ratio is 4.05. HashKey Holdings' value of 5.56 is 37.3% above this industry median. Based on the distribution chart, HashKey Holdings ranks #549 out of 750 companies in the Capital Markets industry, which is below the industry midpoint. Overall, HashKey Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does HashKey Holdings' PS Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, HashKey Holdings ranks #549 out of 750 companies for PS Ratio. This places HashKey Holdings in the lower half of its industry. The industry median PS Ratio is 4.05. HashKey Holdings' value of 5.56 is 37.3% above this benchmark. Historically, HashKey Holdings' own PS Ratio has ranged from 3.37 to 22.87 over the past decade. While the company's 10-year median is 8.36 vs. the industry median of 4.05, HashKey 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 4.05, based on 750 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. HashKey Holdings's current PS Ratio of 5.56 is 37.3% 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 HashKey Holdings and its competitors. For the Capital Markets industry, the median PS Ratio is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HashKey Holdings's current PS Ratio is 5.56, which is 33% below median its own 10-year median of 8.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HashKey Holdings stock overvalued right now?
HashKey Holdings (FRA:QO1) has a current PS Ratio of 5.56. The current PS Ratio is 5.56, which is 33% below median its 10-year median of 8.36 and 37.3% above the Capital Markets industry median of 4.05. HashKey Holdings' overall GF Score™ is 11/100 with 5 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 HashKey Holdings (FRA:QO1), the current PS Ratio is 5.56 as of Sep. 01, 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.
HashKey Holdings Ltd is an investment holding company, principally engaged in digital asset exchange custody, asset management, and related blockchain infrastructure services. The Group's business includes licensed digital asset trading platforms, brokerage services, custody solutions, asset management products, and technology services provided to institutional and professional clients. The company's business segments are: Transaction facilitation services, On-chain services, and Asset management services. It derived the majority of revenue from the Transaction facilitation services segment, covering digital asset exchange services, brokerage services, and custody services. Geographically, it derived the maximum revenue from Hong Kong.
11GF Score
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