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Irico Group New Energy CoHKSE:00438 49 PS Ratio is 0.07 as of Jul. 20, 2026, which is 87% below its 10-year median of 0.54. GuruFocus rates HKSE:00438 with a GF Score™ of 49/100 and a GF Value™ of HK$2.80 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,019 Semiconductors companies, Irico Group New Energy Co ranks better than 99.61% 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, Irico Group New Energy Co's share price is HK$1.19.
Irico Group New Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$18.06. Hence, Irico Group New Energy Co's PS Ratio for today is 0.07.
Good Sign:
Irico Group New Energy Co Ltd stock PS Ratio (=0.07) is close to 10-year low of 0.07.
The historical rank and industry rank for Irico Group New Energy Co's PS Ratio or its related term are showing as below:
HKSE:00438'
s PS Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.54 Max: 2.09
Current: 0.07
During the past 13 years, Irico Group New Energy Co's highest PS Ratio was 2.09. The lowest was 0.07. And the median was 0.54.
HKSE:00438's PS Ratio is ranked better than 99.61% of 1019
companies
in the Semiconductors industry
Industry Median: 3.85
vs HKSE:00438: 0.07
Irico Group New Energy Co 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 Irico Group New Energy Co was -8.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 5.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -2.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -0.90% per year.
During the past 13 years, Irico Group New Energy Co's highest 3-Year average Revenue per Share Growth Rate was 14.00% per year. The lowest was -18.40% per year. And the median was -4.60% per year.
Back to Basics: PS Ratio
Irico Group New Energy Co (HKSE:00438) 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.
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.
Irico Group New Energy Co PS Ratio Related Terms
Irico Group New Energy Co PS Ratio Historical Data
* 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.
HKSE:00438 vs FSLR, NXT, ENPH: PS Ratio Comparison
For the Solar subindustry, Irico Group New Energy Co'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.
Irico Group New Energy Co PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Irico Group New Energy Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Irico Group New Energy Co'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.
Irico Group New Energy Co's Share Price of today is HK$1.19.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$18.06.
* 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:
Irico Group New Energy Co (HKSE:00438) has a PS Ratio of 0.07 as of Jul. 20, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Irico Group New Energy Co and its competitors. This is 87% below median its historical median of 0.54. Over the past decade, Irico Group New Energy Co's PS Ratio has ranged from 0.07 to 2.09. According to the industry distribution chart, Irico Group New Energy Co ranks #4 out of 1019 companies in the Semiconductors industry, placing it in the top 0.40000000000001%.
Is Irico Group New Energy Co's PS Ratio too high?
Irico Group New Energy Co's current PS Ratio of 0.07 is 87% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 2.09. The Semiconductors industry median PS Ratio is 3.85. Irico Group New Energy Co's value of 0.07 is 98.2% below this industry median. Based on the distribution chart, Irico Group New Energy Co ranks #4 out of 1019 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Irico Group New Energy Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Irico Group New Energy Co's PS Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Irico Group New Energy Co ranks #4 out of 1019 companies for PS Ratio. This places Irico Group New Energy Co in the top 0% of its industry — outperforming the majority of peers. The industry median PS Ratio is 3.85. Irico Group New Energy Co's value of 0.07 is 98.2% below this benchmark. Historically, Irico Group New Energy Co's own PS Ratio has ranged from 0.07 to 2.09 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 3.85, Irico Group New Energy Co 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 Semiconductors company?
The median PS Ratio among Semiconductors companies is 3.85, based on 1,019 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. Irico Group New Energy Co's current PS Ratio of 0.07 is 98.2% 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 Irico Group New Energy Co and its competitors. For the Semiconductors industry, the median PS Ratio is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Irico Group New Energy Co's current PS Ratio is 0.07, which is 87% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irico Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Irico Group New Energy Co (HKSE:00438) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.80, compared to a current price of HK$1.19 — trading 57.5% below its estimated fair value. The current PS Ratio is 0.07, which is 87% below median its 10-year median of 0.54 and 98.2% below the Semiconductors industry median of 3.85. Irico Group New Energy Co's overall GF Score™ is 49/100 with 6 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 Irico Group New Energy Co (HKSE:00438), the current PS Ratio is 0.07 as of Jul. 20, 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 Irico Group New Energy Co (HKSE:00438) Overvalued in 2026?
Based on GuruFocus' analysis, Irico Group New Energy Co stock appears to be undervalued.
The current stock price of HK$1.19 is trading 57.5% below its estimated GF Value™ of HK$2.80.
GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.
Key valuation signals for HKSE:00438:
PS Ratio: 0.07 (87% below median its 10-year median of 0.54)
GF Value™: HK$2.80 vs. price of HK$1.19 (57.5% below fair value)
Industry Position: 98.2% below the Semiconductors median (#4 of 1019)
No single metric tells the full story. See the HKSE:00438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. Along with its subsidiaries, it produces and sells solar photovoltaic glass, solar photovoltaic modules, and back glass, which is applied to solar cell module packaging. Its geographical segments are: The People's Republic of China (excluding Hong Kong), and Other countries, of which the majority of the revenue comes from China.
49GF Score
Get the complete analysis for HKSE:00438
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