Cathay Pacific Airways (HAM:CTY) PS Ratio: 0.78 (As of Jul. 07, 2026) — 22% Above Median


HAM:CTY Cathay Pacific Airways Ltd HAM:CTY
80 GF Score
Price €1.49
GF Value €1.45
! 4 Warning Signs
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What is Cathay Pacific Airways PS Ratio?

Cathay Pacific Airways HAM:CTY +2.41% 80 PS Ratio is 0.78 as of Jul. 07, 2026, which is 22% above its 10-year median of 0.64. GuruFocus rates HAM:CTY with a GF Score™ of 80/100 and a GF Value™ of €1.45. The stock has 4 warning signs investors should review. Among 995 Transportation companies, Cathay Pacific Airways ranks better than 59.1% 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, Cathay Pacific Airways's share price is €1.486. Cathay Pacific Airways's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €1.91. Hence, Cathay Pacific Airways's PS Ratio for today is 0.78.

The historical rank and industry rank for Cathay Pacific Airways's PS Ratio or its related term are showing as below:

HAM:CTY' s PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.64   Max: 1.26
Current: 0.77

During the past 13 years, Cathay Pacific Airways's highest PS Ratio was 1.26. The lowest was 0.21. And the median was 0.64.

HAM:CTY's PS Ratio is ranked better than
59.1% of 995 companies
in the Transportation industry
Industry Median: 1.02 vs HAM:CTY: 0.77

Cathay Pacific Airways's Revenue per Sharefor the six months ended in Dec. 2025 was €1.02. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €1.91.

During the past 12 months, the average Revenue per Share Growth Rate of Cathay Pacific Airways was 22.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 29.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 18.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was -6.90% per year.

During the past 13 years, Cathay Pacific Airways's highest 3-Year average Revenue per Share Growth Rate was 29.90% per year. The lowest was -34.00% per year. And the median was 4.90% per year.

Back to Basics: PS Ratio


Cathay Pacific Airways  (HAM:CTY) 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.


Cathay Pacific Airways PS Ratio Related Terms


Cathay Pacific Airways PS Ratio Historical Data

* Premium members only.

The historical data trend for Cathay Pacific Airways'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.

Cathay Pacific Airways PS Ratio Chart

Cathay Pacific Airways 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 0.90 1.07 0.64 0.68 0.72

Cathay Pacific Airways 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 0.64 0.00 0.68 0.00 0.72

HAM:CTY vs DAL, UAL, LUV: PS Ratio Comparison

For the Airlines subindustry, Cathay Pacific Airways'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.


Cathay Pacific Airways PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Cathay Pacific Airways's PS Ratio distribution charts can be found below:

* The bar in red indicates where Cathay Pacific Airways's PS Ratio falls into.


HAM:CTY
80GF Score
Cathay Pacific Airways Ltd HAM:CTY
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cathay Pacific Airways 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.

Cathay Pacific Airways's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.486/1.912
=0.78

Cathay Pacific Airways's Share Price of today is €1.486.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cathay Pacific Airways's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €1.91.

* 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 0.78 mean?
Cathay Pacific Airways (HAM:CTY) has a PS Ratio of 0.78 as of Jul. 07, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Cathay Pacific Airways and its competitors. This is 22% above median its historical median of 0.64. Over the past decade, Cathay Pacific Airways' PS Ratio has ranged from 0.21 to 1.26. According to the industry distribution chart, Cathay Pacific Airways ranks #407 out of 995 companies in the Transportation industry, placing it in the top 40.9%.
Is Cathay Pacific Airways' PS Ratio too high?
Cathay Pacific Airways' current PS Ratio of 0.78 is 22% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.26. The Transportation industry median PS Ratio is 1.02. Cathay Pacific Airways' value of 0.78 is 23.5% below this industry median. Based on the distribution chart, Cathay Pacific Airways ranks #407 out of 995 companies in the Transportation industry, which is above the industry midpoint. Overall, Cathay Pacific Airways has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Cathay Pacific Airways' PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Cathay Pacific Airways ranks #407 out of 995 companies for PS Ratio. This puts Cathay Pacific Airways in the upper half of its industry. The industry median PS Ratio is 1.02. Cathay Pacific Airways' value of 0.78 is 23.5% below this benchmark. Historically, Cathay Pacific Airways' own PS Ratio has ranged from 0.21 to 1.26 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.02, Cathay Pacific Airways 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 Transportation company?
The median PS Ratio among Transportation companies is 1.02, based on 995 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. Cathay Pacific Airways's current PS Ratio of 0.78 is 23.5% 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 Cathay Pacific Airways and its competitors. For the Transportation industry, the median PS Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cathay Pacific Airways's current PS Ratio is 0.78, which is 22% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Pacific Airways stock overvalued right now?
Cathay Pacific Airways (HAM:CTY) has a current PS Ratio of 0.78. The stock's GF Value™ is €1.45, compared to a current price of €1.49 — trading 2.5% above its estimated fair value. The current PS Ratio is 0.78, which is 22% above median its 10-year median of 0.64 and 23.5% below the Transportation industry median of 1.02. Cathay Pacific Airways' overall GF Score™ is 80/100 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 Cathay Pacific Airways (HAM:CTY), the current PS Ratio is 0.78 as of Jul. 07, 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 Cathay Pacific Airways (HAM:CTY) Overvalued in 2026?

Based on GuruFocus' analysis, Cathay Pacific Airways stock appears to be overvalued. The current stock price of €1.49 is trading 2.5% above its estimated GF Value™ of €1.45.

Key valuation signals for HAM:CTY:

  • PS Ratio: 0.78 (22% above median its 10-year median of 0.64)
  • GF Value™: €1.45 vs. price of €1.49 (2.5% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 23.5% below the Transportation median (#407 of 995)

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


Cathay Pacific Airways Business Description

Address 88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Cathay Pacific is Hong Kong's largest airline group, operating a fleet of 237 aircraft as of December 2025 and serving over 100 destinations globally. As of March 2026, its largest shareholders remain Swire Pacific and Air China, with stakes of 45% and 29%, respectively. The group operates the full-service carrier Cathay Pacific, low-cost carrier HK Express, and cargo operator Air Hong Kong.
80GF Score

Get the complete analysis for HAM:CTY

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

€1.49
Price
€1.45
GF Value