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, High Fashion International's share price is HK$1.73.
High Fashion International's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$10.92. Hence, High Fashion International's PS Ratio for today is 0.16.
Warning Sign:
High Fashion International Ltd stock PS Ratio (=0.16) is close to 2-year high of 0.17
The historical rank and industry rank for High Fashion International's PS Ratio or its related term are showing as below:
HKSE:00608'
s PS Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.2 Max: 0.32
Current: 0.16
During the past 13 years, High Fashion International's highest PS Ratio was 0.32. The lowest was 0.12. And the median was 0.20.
HKSE:00608's PS Ratio is ranked better than 93.51% of 1032
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.93
vs HKSE:00608: 0.16
High Fashion International Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of High Fashion International was 0.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 15.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 3.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 1.40% per year.
During the past 13 years, High Fashion International's highest 3-Year average Revenue per Share Growth Rate was 16.60% per year. The lowest was -7.60% per year. And the median was 4.70% per year.
Back to Basics: PS Ratio
High Fashion International 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.
Competitive Comparison of High Fashion International's PS Ratio
For the Apparel Manufacturing subindustry, High Fashion International'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.
High Fashion International's PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, High Fashion International's PS Ratio distribution charts can be found below:
* The bar in red indicates where High Fashion International's PS Ratio falls into.
High Fashion International 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.
High Fashion International's Share Price of today is HK$1.73.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. High Fashion International's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was HK$10.92.
* 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:
High Fashion International (HKSE:00608) 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.
High Fashion International PS Ratio Related Terms
Thank you for viewing the detailed overview of High Fashion International's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
High Fashion International Ltd is an investment holding company. The company's operating segments include the Manufacturing and trading of garments; and Property investment and development. The company generates maximum revenue from the Manufacturing and trading of garments segment and geographically from China. The company operates in the United States, China, Europe, and Other countries.
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