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Hainan Drinda New Energy Technology Co (HKSE:02865) 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.
Hainan Drinda New Energy Technology Co PS Ratio Related Terms
Hainan Drinda New Energy Technology 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.
Hainan Drinda New Energy Technology Co PS Ratio Chart
Hainan Drinda New Energy Technology Co Annual Data
HKSE:02865 vs FSLR, NXT, ENPH: PS Ratio Comparison
For the Solar subindustry, Hainan Drinda New Energy Technology 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.
Hainan Drinda New Energy Technology Co PS Ratio vs Semiconductors Industry
Hainan Drinda New Energy Technology 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.
Hainan Drinda New Energy Technology Co's Share Price of today is HK$18.10. Hainan Drinda New Energy Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$29.57.
* 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:
Hainan Drinda New Energy Technology Co (HKSE:02865) has a PS Ratio of 0.61 as of Aug. 14, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hainan Drinda New Energy Technology Co and its competitors. This is 72% below median its historical median of 2.20. Over the past decade, Hainan Drinda New Energy Technology Co's PS Ratio has ranged from 0.46 to 8.67. According to the industry distribution chart, Hainan Drinda New Energy Technology Co ranks #269 out of 1018 companies in the Semiconductors industry, placing it in the top 26.4%.
Is Hainan Drinda New Energy Technology Co's PS Ratio too high?
Hainan Drinda New Energy Technology Co's current PS Ratio of 0.61 is 72% below median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 8.67. The Semiconductors industry median PS Ratio is 3.94. Hainan Drinda New Energy Technology Co's value of 0.61 is 84.5% below this industry median. Based on the distribution chart, Hainan Drinda New Energy Technology Co ranks #269 out of 1018 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Hainan Drinda New Energy Technology Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Drinda New Energy Technology Co's PS Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Hainan Drinda New Energy Technology Co ranks #269 out of 1018 companies for PS Ratio. This puts Hainan Drinda New Energy Technology Co in the upper half of its industry. The industry median PS Ratio is 3.94. Hainan Drinda New Energy Technology Co's value of 0.61 is 84.5% below this benchmark. Historically, Hainan Drinda New Energy Technology Co's own PS Ratio has ranged from 0.46 to 8.67 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 3.94, Hainan Drinda New Energy Technology Co 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 Semiconductors company?
The median PS Ratio among Semiconductors companies is 3.94, based on 1,018 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. Hainan Drinda New Energy Technology Co's current PS Ratio of 0.61 is 84.5% 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 Hainan Drinda New Energy Technology Co and its competitors. For the Semiconductors industry, the median PS Ratio is 3.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Drinda New Energy Technology Co's current PS Ratio is 0.61, which is 72% below median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Drinda New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Drinda New Energy Technology Co (HKSE:02865) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$14.87, compared to a current price of HK$18.10 — trading 21.7% above its estimated fair value. The current PS Ratio is 0.61, which is 72% below median its 10-year median of 2.20 and 84.5% below the Semiconductors industry median of 3.94. Hainan Drinda New Energy Technology Co's overall GF Score™ is 59/100 with 6 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 Hainan Drinda New Energy Technology Co (HKSE:02865), the current PS Ratio is 0.61 as of Aug. 14, 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 Hainan Drinda New Energy Technology Co (HKSE:02865) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Drinda New Energy Technology Co stock appears to be overvalued.
The current stock price of HK$18.10 is trading 21.7% above its estimated GF Value™ of HK$14.87.
GuruFocus considers Hainan Drinda New Energy Technology Co to be Modestly Overvalued.
Key valuation signals for HKSE:02865:
PS Ratio: 0.61 (72% below median its 10-year median of 2.20)
GF Value™: HK$14.87 vs. price of HK$18.10 (21.7% above fair value)
Industry Position: 84.5% below the Semiconductors median (#269 of 1018)
No single metric tells the full story. See the HKSE:02865 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Drinda New Energy Technology Co Ltd is principally engaged in the R&D, production, and sales of PV cells, with a focus on the new-generation N-type solar cells, the product performance of which has reached international standards. The Company is an enterprise in the PV cell industry and has consistently focused on the R&D of core PV cell technologies. It operates in the Chinese mainland and outside the Chinese mainland.
59GF Score
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