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.
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.
Asiaray Media GroupHKSE:01993 -1.19%32 PS Ratio is 0.20 as of Aug. 17, 2026, which is 56% below its 10-year median of 0.45. GuruFocus rates HKSE:01993 with a GF Score™ of 32/100 and a GF Value™ of HK$0.55 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 995 Media - Diversified companies, Asiaray Media Group ranks better than 91.46% 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, Asiaray Media Group's share price is HK$0.415.
Asiaray Media Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$2.11. Hence, Asiaray Media Group's PS Ratio for today is 0.20.
Good Sign:
Asiaray Media Group Ltd stock PS Ratio (=0.2) is close to 2-year low of 0.2.
The historical rank and industry rank for Asiaray Media Group's PS Ratio or its related term are showing as below:
HKSE:01993'
s PS Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.45 Max: 1.4
Current: 0.2
During the past 13 years, Asiaray Media Group's highest PS Ratio was 1.40. The lowest was 0.13. And the median was 0.45.
HKSE:01993's PS Ratio is ranked better than 91.46% of 995
companies
in the Media - Diversified industry
Industry Median: 1.07
vs HKSE:01993: 0.20
Asiaray Media Group 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 Asiaray Media Group was -11.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -18.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -12.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -3.40% per year.
During the past 13 years, Asiaray Media Group's highest 3-Year average Revenue per Share Growth Rate was 10.60% per year. The lowest was -21.50% per year. And the median was -1.65% per year.
Asiaray Media Group (HKSE:01993) 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.
Asiaray Media Group PS Ratio Related Terms
Asiaray Media Group PS Ratio Historical Data
* Premium members only.
The historical data trend for Asiaray Media Group'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.
For the Advertising Agencies subindustry, Asiaray Media Group'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.
Asiaray Media Group PS Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Asiaray Media Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Asiaray Media Group'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.
Asiaray Media Group's Share Price of today is HK$0.415.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Asiaray Media Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$2.11.
* 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:
Asiaray Media Group (HKSE:01993) has a PS Ratio of 0.20 as of Aug. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Asiaray Media Group and its competitors. This is 56% below median its historical median of 0.45. Over the past decade, Asiaray Media Group's PS Ratio has ranged from 0.13 to 1.40. According to the industry distribution chart, Asiaray Media Group ranks #85 out of 995 companies in the Media - Diversified industry, placing it in the top 8.5%.
Is Asiaray Media Group's PS Ratio too high?
Asiaray Media Group's current PS Ratio of 0.20 is 56% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.40. The Media - Diversified industry median PS Ratio is 1.07. Asiaray Media Group's value of 0.20 is 81.3% below this industry median. Based on the distribution chart, Asiaray Media Group ranks #85 out of 995 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Asiaray Media Group has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asiaray Media Group's PS Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Asiaray Media Group ranks #85 out of 995 companies for PS Ratio. This places Asiaray Media Group in the top 9% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.07. Asiaray Media Group's value of 0.20 is 81.3% below this benchmark. Historically, Asiaray Media Group's own PS Ratio has ranged from 0.13 to 1.40 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 1.07, Asiaray Media Group 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 Media - Diversified company?
The median PS Ratio among Media - Diversified companies is 1.07, based on 995 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. Asiaray Media Group's current PS Ratio of 0.20 is 81.3% 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 Asiaray Media Group and its competitors. For the Media - Diversified industry, the median PS Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asiaray Media Group's current PS Ratio is 0.20, which is 56% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asiaray Media Group stock overvalued right now?
Based on GuruFocus' analysis, Asiaray Media Group (HKSE:01993) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.55, compared to a current price of HK$0.42 — trading 24.5% below its estimated fair value. The current PS Ratio is 0.20, which is 56% below median its 10-year median of 0.45 and 81.3% below the Media - Diversified industry median of 1.07. Asiaray Media Group's overall GF Score™ is 32/100 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 Asiaray Media Group (HKSE:01993), the current PS Ratio is 0.20 as of Aug. 17, 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 Asiaray Media Group (HKSE:01993) Overvalued in 2026?
Based on GuruFocus' analysis, Asiaray Media Group stock appears to be undervalued.
The current stock price of HK$0.42 is trading 24.5% below its estimated GF Value™ of HK$0.55.
GuruFocus considers Asiaray Media Group to be Modestly Undervalued.
Key valuation signals for HKSE:01993:
PS Ratio: 0.20 (56% below median its 10-year median of 0.45)
GF Value™: HK$0.55 vs. price of HK$0.42 (24.5% below fair value)
Industry Position: 81.3% below the Media - Diversified median (#85 of 995)
No single metric tells the full story. See the HKSE:01993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asiaray Media Group Ltd is an investment holding company. Along with its subsidiaries, it operates as an out-of-home media company in Greater China with a strategic focus on mega transport advertising media management, including airport, metro line, and high-speed rail line, etc. The Group's operating segments are: Airports business, Metro and billboards business, and Bus and other business. Maximum revenue is generated from the Metro and billboards business, which is involved in the operation of advertising services in metro lines and billboards, and building solutions. Geographically, the Group generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong and other regions.
32GF Score
Get the complete analysis for HKSE:01993
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01993 has been successfully added to your 
