KRP Development Holdings (HKSE:02421) PS Ratio: 1.89 (As of Aug. 13, 2026) — 36% 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:02421 KRP Development Holdings Ltd HKSE:02421
55 GF Score
Price HK$0.59
GF Value HK$0.39
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is KRP Development Holdings PS Ratio?

KRP Development Holdings HKSE:02421 +0.85% 55 PS Ratio is 1.89 as of Aug. 13, 2026, which is 36% above its 10-year median of 1.39. GuruFocus rates HKSE:02421 with a GF Score™ of 55/100 and a GF Value™ of HK$0.39 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,739 Real Estate companies, KRP Development Holdings ranks better than 55.32% 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, KRP Development Holdings's share price is HK$0.59. KRP Development Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was HK$0.31. Hence, KRP Development Holdings's PS Ratio for today is 1.89.

Warning Sign:

KRP Development Holdings Ltd stock PS Ratio (=1.86) is close to 5-year high of 2.02.

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

HKSE:02421' s PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.39   Max: 2.02
Current: 1.89

During the past 7 years, KRP Development Holdings's highest PS Ratio was 2.02. The lowest was 0.51. And the median was 1.39.

HKSE:02421's PS Ratio is ranked better than
55.32% of 1739 companies
in the Real Estate industry
Industry Median: 2.32 vs HKSE:02421: 1.89

KRP Development Holdings's Revenue per Sharefor the six months ended in Mar. 2026 was HK$0.16. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was HK$0.31.

Warning Sign:

KRP Development Holdings 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 KRP Development Holdings was -17.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -41.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was -31.70% per year.

During the past 7 years, KRP Development Holdings's highest 3-Year average Revenue per Share Growth Rate was 14.40% per year. The lowest was -41.40% per year. And the median was -35.35% per year.

Back to Basics: PS Ratio


KRP Development Holdings  (HKSE:02421) 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.


KRP Development Holdings PS Ratio Related Terms


KRP Development Holdings PS Ratio Historical Data

* Premium members only.

The historical data trend for KRP Development 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.

KRP Development Holdings PS Ratio Chart

KRP Development Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial 0.00 0.89 1.64 1.66 1.77

KRP Development Holdings Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 0.00 1.66 0.00 1.77

KRP Development Holdings PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, KRP Development 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.


KRP Development Holdings PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, KRP Development Holdings's PS Ratio distribution charts can be found below:

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


HKSE:02421
55GF Score
KRP Development Holdings Ltd HKSE:02421
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KRP Development 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.

KRP Development Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.59/0.312
=1.89

KRP Development Holdings's Share Price of today is HK$0.59.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. KRP Development Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was HK$0.31.

* 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 1.89 mean?
KRP Development Holdings (HKSE:02421) has a PS Ratio of 1.89 as of Aug. 13, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on KRP Development Holdings and its competitors. This is 36% above median its historical median of 1.39. Over the past decade, KRP Development Holdings' PS Ratio has ranged from 0.51 to 2.02. According to the industry distribution chart, KRP Development Holdings ranks #777 out of 1739 companies in the Real Estate industry, placing it in the top 44.7%.
Is KRP Development Holdings' PS Ratio too high?
KRP Development Holdings' current PS Ratio of 1.89 is 36% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.02. The Real Estate industry median PS Ratio is 2.32. KRP Development Holdings' value of 1.89 is 18.5% below this industry median. Based on the distribution chart, KRP Development Holdings ranks #777 out of 1739 companies in the Real Estate industry, which is above the industry midpoint. Overall, KRP Development Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KRP Development Holdings' PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, KRP Development Holdings ranks #777 out of 1739 companies for PS Ratio. This puts KRP Development Holdings in the upper half of its industry. The industry median PS Ratio is 2.32. KRP Development Holdings' value of 1.89 is 18.5% below this benchmark. Historically, KRP Development Holdings' own PS Ratio has ranged from 0.51 to 2.02 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 2.32, KRP Development 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 Real Estate company?
The median PS Ratio among Real Estate companies is 2.32, based on 1,739 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. KRP Development Holdings's current PS Ratio of 1.89 is 18.5% 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 KRP Development Holdings and its competitors. For the Real Estate industry, the median PS Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KRP Development Holdings's current PS Ratio is 1.89, which is 36% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KRP Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, KRP Development Holdings (HKSE:02421) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.39, compared to a current price of HK$0.59 — trading 51.3% above its estimated fair value. The current PS Ratio is 1.89, which is 36% above median its 10-year median of 1.39 and 18.5% below the Real Estate industry median of 2.32. KRP Development Holdings' overall GF Score™ is 55/100 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 KRP Development Holdings (HKSE:02421), the current PS Ratio is 1.89 as of Aug. 13, 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 KRP Development Holdings (HKSE:02421) Overvalued in 2026?

Based on GuruFocus' analysis, KRP Development Holdings stock appears to be overvalued. The current stock price of HK$0.59 is trading 51.3% above its estimated GF Value™ of HK$0.39. GuruFocus considers KRP Development Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02421:

  • PS Ratio: 1.89 (36% above median its 10-year median of 1.39)
  • GF Value™: HK$0.39 vs. price of HK$0.59 (51.3% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 18.5% below the Real Estate median (#777 of 1739)

No single metric tells the full story. See the HKSE:02421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KRP Development Holdings Business Description

Address 611-619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
KRP Development Holdings Ltd is a boutique residential property developer. The firm is principally engaged in the development and sales of residential properties in Dongguan, Huizhou, and Foshan. It has developed two product series for homebuyers, namely, the Villas series, targeting middle-income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.
55GF Score

Get the complete analysis for HKSE:02421

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

HK$0.59
Price
HK$0.39
GF Value