HIHO (Highway Holdings) PS Ratio: 0.99 (As of Jul. 09, 2026) — Near Median


HIHO Highway Holdings Ltd HIHO
47 GF Score
Price $0.83
GF Value $1.42
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Highway Holdings PS Ratio?

Highway Holdings HIHO +0.11% 47 PS Ratio is 0.99 as of Jul. 09, 2026, which is 9% above its 10-year median of 0.91. GuruFocus rates HIHO with a GF Score™ of 47/100 and a GF Value™ of $1.42 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,020 Industrial Products companies, Highway Holdings ranks better than 71.42% 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, Highway Holdings's share price is $0.832. Highway Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.84. Hence, Highway Holdings's PS Ratio for today is 0.99.

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

HIHO' s PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.91   Max: 1.92
Current: 1

During the past 13 years, Highway Holdings's highest PS Ratio was 1.92. The lowest was 0.47. And the median was 0.91.

HIHO's PS Ratio is ranked better than
71.42% of 3020 companies
in the Industrial Products industry
Industry Median: 2.02 vs HIHO: 1.00

Highway Holdings's Revenue per Sharefor the three months ended in Dec. 2025 was $0.25. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.84.

Warning Sign:

Highway Holdings Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Highway Holdings was -25.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was -17.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -12.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was -13.30% per year.

During the past 13 years, Highway Holdings's highest 3-Year average Revenue per Share Growth Rate was 8.80% per year. The lowest was -23.10% per year. And the median was -4.65% per year.

Back to Basics: PS Ratio


Highway Holdings  (NAS:HIHO) 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.


Highway Holdings PS Ratio Related Terms


Highway Holdings PS Ratio Historical Data

* Premium members only.

The historical data trend for Highway 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.

Highway Holdings PS Ratio Chart

Highway Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 0.96 0.81 1.45 1.10

Highway Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 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 1.10 1.18 1.10 1.59 1.89

HIHO vs OLOX, MTEN, CRS: PS Ratio Comparison

For the Metal Fabrication subindustry, Highway 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.


Highway Holdings PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Highway Holdings's PS Ratio distribution charts can be found below:

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


HIHO
47GF Score
Highway Holdings Ltd HIHO
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highway 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.

Highway Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.832/0.842
=0.99

Highway Holdings's Share Price of today is $0.832.
Highway Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.84.

* 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 0.99 mean?
Highway Holdings (HIHO) has a PS Ratio of 0.99 as of Jul. 09, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Highway Holdings and its competitors. This is near median its historical median of 0.91. Over the past decade, Highway Holdings' PS Ratio has ranged from 0.47 to 1.92. According to the industry distribution chart, Highway Holdings ranks #863 out of 3020 companies in the Industrial Products industry, placing it in the top 28.6%.
Is Highway Holdings' PS Ratio too high?
Highway Holdings' current PS Ratio of 0.99 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.92. The Industrial Products industry median PS Ratio is 2.02. Highway Holdings' value of 0.99 is 51% below this industry median. Based on the distribution chart, Highway Holdings ranks #863 out of 3020 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Highway Holdings has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Highway Holdings' PS Ratio compare to OLOX and MTEN?
According to the Industrial Products industry distribution chart, Highway Holdings ranks #863 out of 3020 companies for PS Ratio. This puts Highway Holdings in the upper half of its industry. The industry median PS Ratio is 2.02. Highway Holdings' value of 0.99 is 51% below this benchmark. Historically, Highway Holdings' own PS Ratio has ranged from 0.47 to 1.92 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 2.02, Highway 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 an Industrial Products company?
The median PS Ratio among Industrial Products companies is 2.02, based on 3,020 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. Highway Holdings's current PS Ratio of 0.99 is 51% 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 Highway Holdings and its competitors. For the Industrial Products industry, the median PS Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highway Holdings's current PS Ratio is 0.99, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Holdings stock overvalued right now?
Based on GuruFocus' analysis, Highway Holdings (HIHO) is currently considered Possible Value Trap. The stock's GF Value™ is $1.42, compared to a current price of $0.83 — trading 41.4% below its estimated fair value. The current PS Ratio is 0.99, which is near median its 10-year median of 0.91 and 51% below the Industrial Products industry median of 2.02. Highway Holdings' overall GF Score™ is 47/100 with 2 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 Highway Holdings (HIHO), the current PS Ratio is 0.99 as of Jul. 09, 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 Highway Holdings (HIHO) Overvalued in 2026?

Based on GuruFocus' analysis, Highway Holdings stock appears to be undervalued. The current stock price of $0.83 is trading 41.4% below its estimated GF Value™ of $1.42. GuruFocus considers Highway Holdings to be Possible Value Trap.

Key valuation signals for HIHO:

  • PS Ratio: 0.99 (near median its 10-year median of 0.91)
  • GF Value™: $1.42 vs. price of $0.83 (41.4% below fair value)
  • GF Score™: 47/100 with 2 warning signs
  • Industry Position: 51% below the Industrial Products median (#863 of 3020)

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


Highway Holdings Business Description

Address Landmark North 39 Lung Sum Avenue, Suite 1801, Level 18, Sheung Shui, New Territories, Hong Kong, HKG
Highway Holdings Ltd is a holding company. Along with its subsidiaries, it operates as a fully integrated manufacturer of high-quality metal, plastic, electric and electronic components, subassemblies, and finished products for OEMs and contract manufacturers. The manufacturing services offered by the group include metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. Its reportable business segments are metal stamping and mechanical OEM operations, which derive maximum revenue, and electric OEM operations. Geographically, the group generates maximum revenue from Europe, and the rest from North America, Hong Kong and China, and other Asian countries.
47GF Score

Get the complete analysis for HIHO

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

$0.83
Price
$1.42
GF Value