Shanghai Conant Optical Co (HKSE:02276) PS Ratio: 8.40 (As of Aug. 29, 2026) — 352% Above 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:02276 Shanghai Conant Optical Co Ltd HKSE:02276
74 GF Score
Price HK$45.50
GF Value HK$15.62
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Shanghai Conant Optical Co PS Ratio?

Shanghai Conant Optical Co HKSE:02276 +3.08% 74 PS Ratio is 8.40 as of Aug. 29, 2026, which is 352% above its 10-year median of 1.86. GuruFocus rates HKSE:02276 with a GF Score™ of 74/100 and a GF Value™ of HK$15.62 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 804 Medical Devices & Instruments companies, Shanghai Conant Optical Co ranks worse than 81.34% 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, Shanghai Conant Optical Co's share price is HK$45.50. Shanghai Conant Optical Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$5.42. Hence, Shanghai Conant Optical Co's PS Ratio for today is 8.40.

The historical rank and industry rank for Shanghai Conant Optical Co's PS Ratio or its related term are showing as below:

HKSE:02276' s PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.86   Max: 12.3
Current: 8.4

During the past 8 years, Shanghai Conant Optical Co's highest PS Ratio was 12.30. The lowest was 0.78. And the median was 1.86.

HKSE:02276's PS Ratio is ranked worse than
81.34% of 804 companies
in the Medical Devices & Instruments industry
Industry Median: 2.985 vs HKSE:02276: 8.40

Shanghai Conant Optical Co's Revenue per Sharefor the six months ended in Dec. 2025 was HK$2.61. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$5.42.

Warning Sign:

Shanghai Conant Optical Co Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Shanghai Conant Optical Co was -1.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.10% per year.

During the past 8 years, Shanghai Conant Optical Co's highest 3-Year average Revenue per Share Growth Rate was 33.10% per year. The lowest was -0.50% per year. And the median was 14.00% per year.

Back to Basics: PS Ratio


Shanghai Conant Optical Co  (HKSE:02276) 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.


Shanghai Conant Optical Co PS Ratio Related Terms


Shanghai Conant Optical Co PS Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Conant Optical Co'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.

Shanghai Conant Optical Co PS Ratio Chart

Shanghai Conant Optical Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial 0.83 1.15 1.56 4.69 10.44

Shanghai Conant Optical Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 4.69 0.00 10.44 0.00

HKSE:02276 vs ISRG, BDX, MDLN: PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Shanghai Conant Optical Co'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.


Shanghai Conant Optical Co PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Conant Optical Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Conant Optical Co's PS Ratio falls into.


HKSE:02276
74GF Score
Shanghai Conant Optical Co Ltd HKSE:02276
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Conant Optical Co 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.

Shanghai Conant Optical Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=45.50/5.419
=8.40

Shanghai Conant Optical Co's Share Price of today is HK$45.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shanghai Conant Optical Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$5.42.

* 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 8.40 mean?
Shanghai Conant Optical Co (HKSE:02276) has a PS Ratio of 8.40 as of Aug. 29, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Shanghai Conant Optical Co and its competitors. This is 352% above median its historical median of 1.86. Over the past decade, Shanghai Conant Optical Co's PS Ratio has ranged from 0.78 to 12.30. According to the industry distribution chart, Shanghai Conant Optical Co ranks #654 out of 804 companies in the Medical Devices & Instruments industry, placing it in the top 81.3%.
Is Shanghai Conant Optical Co's PS Ratio too high?
Shanghai Conant Optical Co's current PS Ratio of 8.40 is 352% above median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 12.30. The Medical Devices & Instruments industry median PS Ratio is 2.99. Shanghai Conant Optical Co's value of 8.40 is 181.4% above this industry median. Based on the distribution chart, Shanghai Conant Optical Co ranks #654 out of 804 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Shanghai Conant Optical Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Conant Optical Co's PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Shanghai Conant Optical Co ranks #654 out of 804 companies for PS Ratio. This places Shanghai Conant Optical Co in the lower half of its industry. The industry median PS Ratio is 2.99. Shanghai Conant Optical Co's value of 8.40 is 181.4% above this benchmark. Historically, Shanghai Conant Optical Co's own PS Ratio has ranged from 0.78 to 12.30 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 2.99, Shanghai Conant Optical Co 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 Medical Devices & Instruments company?
The median PS Ratio among Medical Devices & Instruments companies is 2.99, based on 804 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. Shanghai Conant Optical Co's current PS Ratio of 8.40 is 181.4% 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 Shanghai Conant Optical Co and its competitors. For the Medical Devices & Instruments industry, the median PS Ratio is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Conant Optical Co's current PS Ratio is 8.40, which is 352% above median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Conant Optical Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Conant Optical Co (HKSE:02276) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$15.62, compared to a current price of HK$45.50 — trading 191.3% above its estimated fair value. The current PS Ratio is 8.40, which is 352% above median its 10-year median of 1.86 and 181.4% above the Medical Devices & Instruments industry median of 2.99. Shanghai Conant Optical Co's overall GF Score™ is 74/100 with 3 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 Shanghai Conant Optical Co (HKSE:02276), the current PS Ratio is 8.40 as of Aug. 29, 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 Shanghai Conant Optical Co (HKSE:02276) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Conant Optical Co stock appears to be overvalued. The current stock price of HK$45.50 is trading 191.3% above its estimated GF Value™ of HK$15.62. GuruFocus considers Shanghai Conant Optical Co to be Significantly Overvalued.

Key valuation signals for HKSE:02276:

  • PS Ratio: 8.40 (352% above median its 10-year median of 1.86)
  • GF Value™: HK$15.62 vs. price of HK$45.50 (191.3% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 181.4% above the Medical Devices & Instruments median (#654 of 804)

No single metric tells the full story. See the HKSE:02276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Conant Optical Co Business Description

Address No. 1-42, Lane 83, Hongxiang North Road, 4th Floor, Building 35, Lin-gang Special Area, China (Shanghai) Pilot Free Trade Zone China, Shanghai, CHN
Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The spectacle lenses are also tinted, coated, or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection, and anti-smudge. Geographically, the company generates a majority of its revenue from Mainland China and the rest from the Americas, Europe, Oceania, Africa, and Asia (except for mainland China). It products include: CR-Freeform; CoMax; AC lens; Gaming Glassed, Antifog Lens; MyoEase; Polycarbonate lens; Photochromic coating lens; SingleVision Finished Lens; and Others.
74GF Score

Get the complete analysis for HKSE:02276

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

HK$45.50
Price
HK$15.62
GF Value