Wang On Properties (HKSE:01243) PS Ratio: 0.35 (As of Sep. 05, 2026) — 92% Below Median

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What is Wang On Properties PS Ratio?

Wang On Properties HKSE:01243 +6.67% PS Ratio is 0.35 as of Sep. 05, 2026, which is 92% below its 10-year median of 4.55. The stock has 4 warning signs investors should review. Among 1,742 Real Estate companies, Wang On Properties ranks better than 89.09% 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, Wang On Properties's share price is HK$0.032. Wang On Properties's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was HK$0.09. Hence, Wang On Properties's PS Ratio for today is 0.35.

Good Sign:

Wang On Properties Ltd stock PS Ratio (=0.35) is close to 2-year low of 0.35.

The historical rank and industry rank for Wang On Properties's PS Ratio or its related term are showing as below:

HKSE:01243' s PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 4.55   Max: 170
Current: 0.35

During the past 13 years, Wang On Properties's highest PS Ratio was 170.00. The lowest was 0.31. And the median was 4.55.

HKSE:01243's PS Ratio is ranked better than
89.09% of 1742 companies
in the Real Estate industry
Industry Median: 2.33 vs HKSE:01243: 0.35

Wang On Properties's Revenue per Sharefor the six months ended in Mar. 2026 was HK$0.05. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was HK$0.09.

Warning Sign:

Wang On Properties Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Wang On Properties was 10.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -11.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 54.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.00% per year.

During the past 13 years, Wang On Properties's highest 3-Year average Revenue per Share Growth Rate was 202.40% per year. The lowest was -74.70% per year. And the median was 3.60% per year.

Back to Basics: PS Ratio


Wang On Properties  (HKSE:01243) 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.


Wang On Properties PS Ratio Related Terms


Wang On Properties PS Ratio Historical Data

* Premium members only.

The historical data trend for Wang On Properties'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.

Wang On Properties PS Ratio Chart

Wang On Properties 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 23.33 0.45 2.15 0.41 0.33

Wang On Properties 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 2.15 0.00 0.41 0.00 0.33

Wang On Properties PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Wang On Properties'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.


Wang On Properties PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wang On Properties's PS Ratio distribution charts can be found below:

* The bar in red indicates where Wang On Properties's PS Ratio falls into.



Wang On Properties 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.

Wang On Properties's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.032/0.092
=0.35

Wang On Properties's Share Price of today is HK$0.032.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Wang On Properties's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was HK$0.09.

* 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 0.35 mean?
Wang On Properties (HKSE:01243) has a PS Ratio of 0.35 as of Sep. 05, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Wang On Properties and its competitors. This is 92% below median its historical median of 4.55. Over the past decade, Wang On Properties' PS Ratio has ranged from 0.31 to 170.00. According to the industry distribution chart, Wang On Properties ranks #190 out of 1742 companies in the Real Estate industry, placing it in the top 10.9%.
Is Wang On Properties' PS Ratio too high?
Wang On Properties' current PS Ratio of 0.35 is 92% below median its 10-year median of 4.55. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 170.00. The Real Estate industry median PS Ratio is 2.33. Wang On Properties' value of 0.35 is 85% below this industry median. Based on the distribution chart, Wang On Properties ranks #190 out of 1742 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Wang On Properties' PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Wang On Properties ranks #190 out of 1742 companies for PS Ratio. This places Wang On Properties in the top 11% of its industry — outperforming the majority of peers. The industry median PS Ratio is 2.33. Wang On Properties' value of 0.35 is 85% below this benchmark. Historically, Wang On Properties' own PS Ratio has ranged from 0.31 to 170.00 over the past decade. While the company's 10-year median is 4.55 vs. the industry median of 2.33, Wang On Properties 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 Real Estate company?
The median PS Ratio among Real Estate companies is 2.33, based on 1,742 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. Wang On Properties's current PS Ratio of 0.35 is 85% 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 Wang On Properties and its competitors. For the Real Estate industry, the median PS Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Properties's current PS Ratio is 0.35, which is 92% below median its own 10-year median of 4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Properties stock overvalued right now?
Based on GuruFocus' analysis, Wang On Properties (HKSE:01243) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.03 — trading 20% below its estimated fair value. The current PS Ratio is 0.35, which is 92% below median its 10-year median of 4.55 and 85% below the Real Estate industry median of 2.33. 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 Wang On Properties (HKSE:01243), the current PS Ratio is 0.35 as of Sep. 05, 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.

Wang On Properties Business Description

Address 39 Wang Kwong Road, Suite 3201, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development and trading, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong. It derives maximum revenue from Property development and trading.