Hong Kong Economic Times Holdings (HKSE:00423) PS Ratio: 0.42 (As of Jul. 16, 2026) — 11% Below Median

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HKSE:00423 Hong Kong Economic Times Holdings Ltd HKSE:00423
42 GF Score
Price HK$0.70
GF Value HK$0.68
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Hong Kong Economic Times Holdings PS Ratio?

Hong Kong Economic Times Holdings HKSE:00423 42 PS Ratio is 0.42 as of Jul. 16, 2026, which is 11% below its 10-year median of 0.47. GuruFocus rates HKSE:00423 with a GF Score™ of 42/100 and a GF Value™ of HK$0.68 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,002 Media - Diversified companies, Hong Kong Economic Times Holdings ranks better than 77.74% 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, Hong Kong Economic Times Holdings's share price is HK$0.70. Hong Kong Economic Times Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was HK$1.67. Hence, Hong Kong Economic Times Holdings's PS Ratio for today is 0.42.

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

HKSE:00423' s PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.47   Max: 0.63
Current: 0.42

During the past 13 years, Hong Kong Economic Times Holdings's highest PS Ratio was 0.63. The lowest was 0.32. And the median was 0.47.

HKSE:00423's PS Ratio is ranked better than
77.74% of 1002 companies
in the Media - Diversified industry
Industry Median: 1.1 vs HKSE:00423: 0.42

Hong Kong Economic Times Holdings's Revenue per Sharefor the six months ended in Mar. 2026 was HK$0.83. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was HK$1.67.

Warning Sign:

Hong Kong Economic Times 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 Hong Kong Economic Times Holdings was -10.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -11.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -7.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was -4.50% per year.

During the past 13 years, Hong Kong Economic Times Holdings's highest 3-Year average Revenue per Share Growth Rate was 7.60% per year. The lowest was -77.60% per year. And the median was 0.20% per year.

Back to Basics: PS Ratio


Hong Kong Economic Times Holdings  (HKSE:00423) 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.


Hong Kong Economic Times Holdings PS Ratio Related Terms


Hong Kong Economic Times Holdings PS Ratio Historical Data

* Premium members only.

The historical data trend for Hong Kong Economic Times 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.

Hong Kong Economic Times Holdings PS Ratio Chart

Hong Kong Economic Times Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.49 0.42 0.39 0.47

Hong Kong Economic Times Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.42 0.00 0.39 0.00 0.47

HKSE:00423 vs NYT, WLY: PS Ratio Comparison

For the Publishing subindustry, Hong Kong Economic Times 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.


Hong Kong Economic Times Holdings PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hong Kong Economic Times Holdings's PS Ratio distribution charts can be found below:

* The bar in red indicates where Hong Kong Economic Times Holdings's PS Ratio falls into.


HKSE:00423
42GF Score
Hong Kong Economic Times Holdings Ltd HKSE:00423
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hong Kong Economic Times 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.

Hong Kong Economic Times Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.70/1.669
=0.42

Hong Kong Economic Times Holdings's Share Price of today is HK$0.70.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hong Kong Economic Times Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was HK$1.67.

* 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 0.42 mean?
Hong Kong Economic Times Holdings (HKSE:00423) has a PS Ratio of 0.42 as of Jul. 16, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hong Kong Economic Times Holdings and its competitors. This is 11% below median its historical median of 0.47. Over the past decade, Hong Kong Economic Times Holdings' PS Ratio has ranged from 0.32 to 0.63. According to the industry distribution chart, Hong Kong Economic Times Holdings ranks #223 out of 1002 companies in the Media - Diversified industry, placing it in the top 22.3%.
Is Hong Kong Economic Times Holdings' PS Ratio too high?
Hong Kong Economic Times Holdings' current PS Ratio of 0.42 is 11% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.63. The Media - Diversified industry median PS Ratio is 1.10. Hong Kong Economic Times Holdings' value of 0.42 is 61.8% below this industry median. Based on the distribution chart, Hong Kong Economic Times Holdings ranks #223 out of 1002 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Kong Economic Times Holdings has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Economic Times Holdings' PS Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Hong Kong Economic Times Holdings ranks #223 out of 1002 companies for PS Ratio. This places Hong Kong Economic Times Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.10. Hong Kong Economic Times Holdings' value of 0.42 is 61.8% below this benchmark. Historically, Hong Kong Economic Times Holdings' own PS Ratio has ranged from 0.32 to 0.63 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.10, Hong Kong Economic Times 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 Media - Diversified company?
The median PS Ratio among Media - Diversified companies is 1.10, based on 1,002 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. Hong Kong Economic Times Holdings's current PS Ratio of 0.42 is 61.8% 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 Hong Kong Economic Times Holdings and its competitors. For the Media - Diversified industry, the median PS Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Economic Times Holdings's current PS Ratio is 0.42, which is 11% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Economic Times Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Economic Times Holdings (HKSE:00423) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.68, compared to a current price of HK$0.70 — trading 2.9% above its estimated fair value. The current PS Ratio is 0.42, which is 11% below median its 10-year median of 0.47 and 61.8% below the Media - Diversified industry median of 1.10. Hong Kong Economic Times Holdings' overall GF Score™ is 42/100 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 Hong Kong Economic Times Holdings (HKSE:00423), the current PS Ratio is 0.42 as of Jul. 16, 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 Hong Kong Economic Times Holdings (HKSE:00423) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Economic Times Holdings stock appears to be overvalued. The current stock price of HK$0.70 is trading 2.9% above its estimated GF Value™ of HK$0.68. GuruFocus considers Hong Kong Economic Times Holdings to be Fairly Valued.

Key valuation signals for HKSE:00423:

  • PS Ratio: 0.42 (11% below median its 10-year median of 0.47)
  • GF Value™: HK$0.68 vs. price of HK$0.70 (2.9% above fair value)
  • GF Score™: 42/100 with 2 warning signs
  • Industry Position: 61.8% below the Media - Diversified median (#223 of 1002)

No single metric tells the full story. See the HKSE:00423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Kong Economic Times Holdings Business Description

Address 321 Java Road, 6th Floor, Kodak House II, North Point, Hong Kong, HKG
Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.
42GF Score

Get the complete analysis for HKSE:00423

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

HK$0.70
Price
HK$0.68
GF Value