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Time Watch InvestmentsHKSE:02033 39 PS Ratio is 0.72 as of Sep. 01, 2026, which is 9% below its 10-year median of 0.79. GuruFocus rates HKSE:02033 with a GF Score™ of 39/100 and a GF Value™ of HK$0.23 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,044 Manufacturing - Apparel & Accessories companies, Time Watch Investments ranks better than 55.08% 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, Time Watch Investments's share price is HK$0.22.
Time Watch Investments's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.30. Hence, Time Watch Investments's PS Ratio for today is 0.72.
Good Sign:
Time Watch Investments Ltd stock PS Ratio (=0.66) is close to 3-year low of 0.66.
The historical rank and industry rank for Time Watch Investments's PS Ratio or its related term are showing as below:
HKSE:02033'
s PS Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.79 Max: 1.16
Current: 0.72
During the past 13 years, Time Watch Investments's highest PS Ratio was 1.16. The lowest was 0.47. And the median was 0.79.
HKSE:02033's PS Ratio is ranked better than 55.08% of 1044
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.83
vs HKSE:02033: 0.72
Time Watch Investments 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 Time Watch Investments was -21.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -21.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -18.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -13.30% per year.
During the past 13 years, Time Watch Investments's highest 3-Year average Revenue per Share Growth Rate was 4.80% per year. The lowest was -32.40% per year. And the median was -15.90% per year.
Time Watch Investments (HKSE:02033) 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.
* 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.
HKSE:02033 vs NKE, DECK, ONON: PS Ratio Comparison
For the Footwear & Accessories subindustry, Time Watch Investments'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.
Time Watch Investments PS Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Time Watch Investments's PS Ratio distribution charts can be found below:
* The bar in red indicates where Time Watch Investments'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.
Time Watch Investments's Share Price of today is HK$0.22.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Time Watch Investments's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.30.
* 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:
Time Watch Investments (HKSE:02033) has a PS Ratio of 0.72 as of Sep. 01, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Time Watch Investments and its competitors. This is near median its historical median of 0.79. Over the past decade, Time Watch Investments' PS Ratio has ranged from 0.47 to 1.16. According to the industry distribution chart, Time Watch Investments ranks #469 out of 1044 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.9%.
Is Time Watch Investments' PS Ratio too high?
Time Watch Investments' current PS Ratio of 0.72 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.16. The Manufacturing - Apparel & Accessories industry median PS Ratio is 0.83. Time Watch Investments' value of 0.72 is 13.3% below this industry median. Based on the distribution chart, Time Watch Investments ranks #469 out of 1044 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Time Watch Investments has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Time Watch Investments' PS Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Time Watch Investments ranks #469 out of 1044 companies for PS Ratio. This puts Time Watch Investments in the upper half of its industry. The industry median PS Ratio is 0.83. Time Watch Investments' value of 0.72 is 13.3% below this benchmark. Historically, Time Watch Investments' own PS Ratio has ranged from 0.47 to 1.16 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.83, Time Watch Investments 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 Manufacturing - Apparel & Accessories company?
The median PS Ratio among Manufacturing - Apparel & Accessories companies is 0.83, based on 1,044 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. Time Watch Investments's current PS Ratio of 0.72 is 13.3% 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 Time Watch Investments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PS Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Watch Investments's current PS Ratio is 0.72, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Watch Investments stock overvalued right now?
Based on GuruFocus' analysis, Time Watch Investments (HKSE:02033) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.23, compared to a current price of HK$0.22 — trading 4.3% below its estimated fair value. The current PS Ratio is 0.72, which is near median its 10-year median of 0.79 and 13.3% below the Manufacturing - Apparel & Accessories industry median of 0.83. Time Watch Investments' overall GF Score™ is 39/100 with 4 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 Time Watch Investments (HKSE:02033), the current PS Ratio is 0.72 as of Sep. 01, 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 Time Watch Investments (HKSE:02033) Overvalued in 2026?
Based on GuruFocus' analysis, Time Watch Investments stock appears to be undervalued.
The current stock price of HK$0.22 is trading 4.3% below its estimated GF Value™ of HK$0.23.
GuruFocus considers Time Watch Investments to be Fairly Valued.
Key valuation signals for HKSE:02033:
PS Ratio: 0.72 (near median its 10-year median of 0.79)
GF Value™: HK$0.23 vs. price of HK$0.22 (4.3% below fair value)
Industry Position: 13.3% below the Manufacturing - Apparel & Accessories median (#469 of 1044)
No single metric tells the full story. See the HKSE:02033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Time Watch Investments Ltd is an investment holding company that operates as a manufacturer, brand-owner, and retailer of watches in the People's Republic of China (PRC). The company operates through following segments: Tian Wang Watch Business, Watch Movements Trading Business, and Other Brands (PRC) Business. The company generates maximum revenue from the Tian Wang Watch Business that involves manufacturing, the wholesale and retail business of owned brand watches, Tian Wang Watch. Its geographical segments include the PRC, which is the key revenue generator, and the Asia Pacific.
39GF Score
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