Zero2IPO Holdings (HKSE:01945) PS Ratio: 1.70 (As of Aug. 18, 2026) — 20% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01945 Zero2IPO Holdings Inc HKSE:01945
87 GF Score
Price HK$1.43
GF Value HK$1.63
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Zero2IPO Holdings PS Ratio?

Zero2IPO Holdings HKSE:01945 -2.05% 87 PS Ratio is 1.70 as of Aug. 18, 2026, which is 20% below its 10-year median of 2.12. GuruFocus rates HKSE:01945 with a GF Score™ of 87/100 and a GF Value™ of HK$1.63 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 102 Diversified Financial Services companies, Zero2IPO Holdings ranks better than 65.69% 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, Zero2IPO Holdings's share price is HK$1.43. Zero2IPO Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.84. Hence, Zero2IPO Holdings's PS Ratio for today is 1.70.

Good Sign:

Zero2IPO Holdings Inc stock PS Ratio (=1.83) is close to 1-year low of 1.73.

The historical rank and industry rank for Zero2IPO Holdings's PS Ratio or its related term are showing as below:

HKSE:01945' s PS Ratio Range Over the Past 10 Years
Min: 1.11   Med: 2.12   Max: 13.75
Current: 1.7

During the past 9 years, Zero2IPO Holdings's highest PS Ratio was 13.75. The lowest was 1.11. And the median was 2.12.

HKSE:01945's PS Ratio is ranked better than
65.69% of 102 companies
in the Diversified Financial Services industry
Industry Median: 3.06 vs HKSE:01945: 1.70

Zero2IPO Holdings's Revenue per Sharefor the six months ended in Dec. 2025 was HK$0.64. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.84.

During the past 12 months, the average Revenue per Share Growth Rate of Zero2IPO Holdings was 24.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -1.00% per year.

During the past 9 years, Zero2IPO Holdings's highest 3-Year average Revenue per Share Growth Rate was 16.70% per year. The lowest was -6.50% per year. And the median was 5.25% per year.

Back to Basics: PS Ratio


Zero2IPO Holdings  (HKSE:01945) 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.


Zero2IPO Holdings PS Ratio Related Terms


Zero2IPO Holdings PS Ratio Historical Data

* Premium members only.

The historical data trend for Zero2IPO 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.

Zero2IPO Holdings PS Ratio Chart

Zero2IPO Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only 4.67 3.69 1.30 2.10 1.74

Zero2IPO Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.30 0.00 2.10 0.00 1.74

HKSE:01945 vs FRHC, VOYA: PS Ratio Comparison

For the Financial Conglomerates subindustry, Zero2IPO 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.


Zero2IPO Holdings PS Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Zero2IPO Holdings's PS Ratio distribution charts can be found below:

* The bar in red indicates where Zero2IPO Holdings's PS Ratio falls into.


HKSE:01945
87GF Score
Zero2IPO Holdings Inc HKSE:01945
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zero2IPO 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.

Zero2IPO Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.43/0.842
=1.70

Zero2IPO Holdings's Share Price of today is HK$1.43.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Zero2IPO Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.84.

* 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 1.70 mean?
Zero2IPO Holdings (HKSE:01945) has a PS Ratio of 1.70 as of Aug. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Zero2IPO Holdings and its competitors. This is 20% below median its historical median of 2.12. Over the past decade, Zero2IPO Holdings' PS Ratio has ranged from 1.11 to 13.75. According to the industry distribution chart, Zero2IPO Holdings ranks #35 out of 102 companies in the Diversified Financial Services industry, placing it in the top 34.3%.
Is Zero2IPO Holdings' PS Ratio too high?
Zero2IPO Holdings' current PS Ratio of 1.70 is 20% below median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 13.75. The Diversified Financial Services industry median PS Ratio is 3.06. Zero2IPO Holdings' value of 1.70 is 44.4% below this industry median. Based on the distribution chart, Zero2IPO Holdings ranks #35 out of 102 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Zero2IPO Holdings has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zero2IPO Holdings' PS Ratio compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Zero2IPO Holdings ranks #35 out of 102 companies for PS Ratio. This puts Zero2IPO Holdings in the upper half of its industry. The industry median PS Ratio is 3.06. Zero2IPO Holdings' value of 1.70 is 44.4% below this benchmark. Historically, Zero2IPO Holdings' own PS Ratio has ranged from 1.11 to 13.75 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 3.06, Zero2IPO 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 Diversified Financial Services company?
The median PS Ratio among Diversified Financial Services companies is 3.06, based on 102 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. Zero2IPO Holdings's current PS Ratio of 1.70 is 44.4% 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 Zero2IPO Holdings and its competitors. For the Diversified Financial Services industry, the median PS Ratio is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zero2IPO Holdings's current PS Ratio is 1.70, which is 20% below median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero2IPO Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zero2IPO Holdings (HKSE:01945) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.63, compared to a current price of HK$1.43 — trading 12.3% below its estimated fair value. The current PS Ratio is 1.70, which is 20% below median its 10-year median of 2.12 and 44.4% below the Diversified Financial Services industry median of 3.06. Zero2IPO Holdings' overall GF Score™ is 87/100 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 Zero2IPO Holdings (HKSE:01945), the current PS Ratio is 1.70 as of Aug. 18, 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 Zero2IPO Holdings (HKSE:01945) Overvalued in 2026?

Based on GuruFocus' analysis, Zero2IPO Holdings stock appears to be undervalued. The current stock price of HK$1.43 is trading 12.3% below its estimated GF Value™ of HK$1.63. GuruFocus considers Zero2IPO Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01945:

  • PS Ratio: 1.70 (20% below median its 10-year median of 2.12)
  • GF Value™: HK$1.63 vs. price of HK$1.43 (12.3% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 44.4% below the Diversified Financial Services median (#35 of 102)

No single metric tells the full story. See the HKSE:01945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zero2IPO Holdings Business Description

Address No.40 Xiaoyun Road, Units 2101-2109, Air China Century Building, Building No.1, Chaoyang District, Beijing, CHN, 100600
Zero2IPO Holdings Inc is an integrated service platform for the equity investment industry. It provides data, marketing, consulting, and training services to participants in the equity investment industry. Its segment includes Data services that focus on providing information data and research reports; Marketing services that focuses on providing information, industry exchanges, and brand promotion; Investment Banking Services for the venture capital industry; Training services that focus on talent training in the venture capital industry and provide professional entrepreneurship and investment training services. The majority of the revenue comes from the Investment Banking Services. Geographically, the company generates almost all of its revenue from PRC.
87GF Score

Get the complete analysis for HKSE:01945

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

HK$1.43
Price
HK$1.63
GF Value