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Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings PS Ratio Related Terms
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings PS Ratio Chart
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Annual Data
* 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings PS Ratio vs Steel Industry
Chu Kong Petroleum and Natural Gas Steel Pipe 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.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Share Price of today is HK$0.223.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$1.75.
* 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:
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) has a PS Ratio of 0.13 as of Sep. 08, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors. This is 13% below median its historical median of 0.15. Over the past decade, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' PS Ratio has ranged from 0.05 to 0.99. According to the industry distribution chart, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings ranks #45 out of 609 companies in the Steel industry, placing it in the top 7.4%.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' PS Ratio too high?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' current PS Ratio of 0.13 is 13% below median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.99. The Steel industry median PS Ratio is 0.60. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' value of 0.13 is 78.3% below this industry median. Based on the distribution chart, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings ranks #45 out of 609 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings ranks #45 out of 609 companies for PS Ratio. This places Chu Kong Petroleum and Natural Gas Steel Pipe Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median PS Ratio is 0.60. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' value of 0.13 is 78.3% below this benchmark. Historically, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' own PS Ratio has ranged from 0.05 to 0.99 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.60, Chu Kong Petroleum and Natural Gas Steel Pipe 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 Steel company?
The median PS Ratio among Steel companies is 0.60, based on 609 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. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's current PS Ratio of 0.13 is 78.3% 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors. For the Steel industry, the median PS Ratio is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's current PS Ratio is 0.13, which is 13% below median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.22 — trading 31.2% above its estimated fair value. The current PS Ratio is 0.13, which is 13% below median its 10-year median of 0.15 and 78.3% below the Steel industry median of 0.60. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' overall GF Score™ is 46/100 with 5 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938), the current PS Ratio is 0.13 as of Sep. 08, 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Overvalued in 2026?
Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock appears to be overvalued.
The current stock price of HK$0.22 is trading 31.2% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Chu Kong Petroleum and Natural Gas Steel Pipe Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01938:
PS Ratio: 0.13 (13% below median its 10-year median of 0.15)
GF Value™: HK$0.17 vs. price of HK$0.22 (31.2% above fair value)
Industry Position: 78.3% below the Steel median (#45 of 609)
No single metric tells the full story. See the HKSE:01938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd operates in the steel pipe business. The group is involved in its key revenue-generating business which is to manufacture and sell welded steel pipes and the provision of related manufacturing services. The group's steel pipes are mainly used for energy transmission including oil and gas transmission pipelines, deep-sea pipelines, city gas networks, petrochemicals, mining, infrastructure construction, offshore engineering, steel structures, and water utilities industries. Further, it is also involved in the development of properties for sale; and property investment activities. The group has a business presence in Mainland China and other countries, of which maximum revenue is derived from Africa.
46GF Score
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