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What is China Resources Beverage (Holdings) Co PS Ratio?
China Resources Beverage (Holdings) CoHKSE:02460 -1.73%21 PS Ratio is 1.58 as of Aug. 03, 2026, which is 10% below its 10-year median of 1.75. GuruFocus rates HKSE:02460 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, China Resources Beverage (Holdings) Co ranks better than 50% on this metric.
China Resources Beverage (Holdings) Co (HKSE:02460) 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.
China Resources Beverage (Holdings) Co PS Ratio Related Terms
China Resources Beverage (Holdings) Co 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.
China Resources Beverage (Holdings) Co PS Ratio Chart
China Resources Beverage (Holdings) Co Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
PS Ratio
0.00
0.00
0.00
1.69
1.99
China Resources Beverage (Holdings) Co Semi-Annual Data
For the Beverages - Non-Alcoholic subindustry, China Resources Beverage (Holdings) 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.
China Resources Beverage (Holdings) Co PS Ratio vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Resources Beverage (Holdings) Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Resources Beverage (Holdings) Co's PS Ratio falls into.
China Resources Beverage (Holdings) 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.
China Resources Beverage (Holdings) Co's Share Price of today is HK$7.96.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Resources Beverage (Holdings) Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$5.04.
* 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:
China Resources Beverage (Holdings) Co (HKSE:02460) has a PS Ratio of 1.58 as of Aug. 03, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on China Resources Beverage (Holdings) Co and its competitors. This is 10% below median its historical median of 1.75. Over the past decade, China Resources Beverage (Holdings) Co's PS Ratio has ranged from 1.42 to 2.40. According to the industry distribution chart, China Resources Beverage (Holdings) Co ranks #58 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 50%.
Is China Resources Beverage (Holdings) Co's PS Ratio too high?
China Resources Beverage (Holdings) Co's current PS Ratio of 1.58 is 10% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 2.40. The Beverages - Non-Alcoholic industry median PS Ratio is 1.57. China Resources Beverage (Holdings) Co's value of 1.58 is 1% above this industry median. Based on the distribution chart, China Resources Beverage (Holdings) Co ranks #58 out of 116 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, China Resources Beverage (Holdings) Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does China Resources Beverage (Holdings) Co's PS Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, China Resources Beverage (Holdings) Co ranks #58 out of 116 companies for PS Ratio. This puts China Resources Beverage (Holdings) Co in the upper half of its industry. The industry median PS Ratio is 1.57. China Resources Beverage (Holdings) Co's value of 1.58 is 1% above this benchmark. Historically, China Resources Beverage (Holdings) Co's own PS Ratio has ranged from 1.42 to 2.40 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 1.57, China Resources Beverage (Holdings) 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 Beverages - Non-Alcoholic company?
The median PS Ratio among Beverages - Non-Alcoholic companies is 1.57, based on 116 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. China Resources Beverage (Holdings) Co's current PS Ratio of 1.58 is 1% 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 China Resources Beverage (Holdings) Co and its competitors. For the Beverages - Non-Alcoholic industry, the median PS Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Beverage (Holdings) Co's current PS Ratio is 1.58, which is 10% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beverage (Holdings) Co stock overvalued right now?
China Resources Beverage (Holdings) Co (HKSE:02460) has a current PS Ratio of 1.58. The current PS Ratio is 1.58, which is 10% below median its 10-year median of 1.75 and 1% above the Beverages - Non-Alcoholic industry median of 1.57. China Resources Beverage (Holdings) Co's overall GF Score™ is 21/100 with 5 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 China Resources Beverage (Holdings) Co (HKSE:02460), the current PS Ratio is 1.58 as of Aug. 03, 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.
China Resources Beverage is the second-largest bottled water producer in China and a subsidiary of China Resources Group, a state-owned conglomerate. The bottled water business accounts for around 90% of the company's revenue, with C'estbon being the flagship product. The company has been leveraging its distribution network developed for water products to expand the scale of its nonwater beverages products, which accounts for roughly 10% of the company's revenue.
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