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Jiangsu Innovative Ecological New Materials (HKSE:02116) 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.
Jiangsu Innovative Ecological New Materials PS Ratio Related Terms
Jiangsu Innovative Ecological New Materials 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.
Jiangsu Innovative Ecological New Materials PS Ratio Chart
Jiangsu Innovative Ecological New Materials Annual Data
For the Specialty Chemicals subindustry, Jiangsu Innovative Ecological New Materials'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.
Jiangsu Innovative Ecological New Materials PS Ratio vs Chemicals Industry
Jiangsu Innovative Ecological New Materials 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.
Jiangsu Innovative Ecological New Materials's Share Price of today is HK$0.71.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Jiangsu Innovative Ecological New Materials's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.47.
* 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:
Jiangsu Innovative Ecological New Materials (HKSE:02116) has a PS Ratio of 1.52 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 Jiangsu Innovative Ecological New Materials and its competitors. This is 69% above median its historical median of 0.90. Over the past decade, Jiangsu Innovative Ecological New Materials' PS Ratio has ranged from 0.40 to 2.49. According to the industry distribution chart, Jiangsu Innovative Ecological New Materials ranks #820 out of 1576 companies in the Chemicals industry, placing it in the top 52%.
Is Jiangsu Innovative Ecological New Materials' PS Ratio too high?
Jiangsu Innovative Ecological New Materials' current PS Ratio of 1.52 is 69% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.49. The Chemicals industry median PS Ratio is 1.43. Jiangsu Innovative Ecological New Materials' value of 1.52 is 6.3% above this industry median. Based on the distribution chart, Jiangsu Innovative Ecological New Materials ranks #820 out of 1576 companies in the Chemicals industry, which is below the industry midpoint. Overall, Jiangsu Innovative Ecological New Materials has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Innovative Ecological New Materials' PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jiangsu Innovative Ecological New Materials ranks #820 out of 1576 companies for PS Ratio. This places Jiangsu Innovative Ecological New Materials in the lower half of its industry. The industry median PS Ratio is 1.43. Jiangsu Innovative Ecological New Materials' value of 1.52 is 6.3% above this benchmark. Historically, Jiangsu Innovative Ecological New Materials' own PS Ratio has ranged from 0.40 to 2.49 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.43, Jiangsu Innovative Ecological New Materials has consistently been above 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 Chemicals company?
The median PS Ratio among Chemicals companies is 1.43, based on 1,576 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. Jiangsu Innovative Ecological New Materials's current PS Ratio of 1.52 is 6.3% above 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 Jiangsu Innovative Ecological New Materials and its competitors. For the Chemicals industry, the median PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Innovative Ecological New Materials's current PS Ratio is 1.52, which is 69% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Innovative Ecological New Materials stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Innovative Ecological New Materials (HKSE:02116) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.43, compared to a current price of HK$0.71 — trading 65.1% above its estimated fair value. The current PS Ratio is 1.52, which is 69% above median its 10-year median of 0.90 and 6.3% above the Chemicals industry median of 1.43. Jiangsu Innovative Ecological New Materials' overall GF Score™ is 63/100 with 7 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 Jiangsu Innovative Ecological New Materials (HKSE:02116), the current PS Ratio is 1.52 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 Jiangsu Innovative Ecological New Materials (HKSE:02116) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Innovative Ecological New Materials stock appears to be overvalued.
The current stock price of HK$0.71 is trading 65.1% above its estimated GF Value™ of HK$0.43.
GuruFocus considers Jiangsu Innovative Ecological New Materials to be Significantly Overvalued.
Key valuation signals for HKSE:02116:
PS Ratio: 1.52 (69% above median its 10-year median of 0.90)
GF Value™: HK$0.43 vs. price of HK$0.71 (65.1% above fair value)
Industry Position: 6.3% above the Chemicals median (#820 of 1576)
No single metric tells the full story. See the HKSE:02116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Innovative Ecological New Materials Ltd develops, manufactures, and markets oil refining agents. The firm produces refining additives, oil additives, and other products. It offers and generates revenue from oil refining agents and fuel additives with desulfurizing agents, lubricity improvers, and metal passivation. The majority of the firm's revenue is generated from the sales of oil refining agents from Mainland China. The company operates in a single segment, which is the sale of oil refining agents and fuel additives.
63GF Score
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