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HKSE:06108's PS Ratio is ranked better than 92.88% of 660
companies
in the Healthcare Providers & Services industry
Industry Median: 1.505
vs HKSE:06108: 0.22
New Ray Medicine International Holding (HKSE:06108) 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.
New Ray Medicine International Holding PS Ratio Related Terms
New Ray Medicine International Holding 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.
New Ray Medicine International Holding PS Ratio Chart
New Ray Medicine International Holding Annual Data
New Ray Medicine International Holding PS Ratio Competitor Comparison
For the Pharmaceutical Retailers subindustry, New Ray Medicine International Holding'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.
New Ray Medicine International Holding PS Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, New Ray Medicine International Holding's PS Ratio distribution charts can be found below:
* The bar in red indicates where New Ray Medicine International Holding's PS Ratio falls into.
New Ray Medicine International Holding 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.
New Ray Medicine International Holding's Share Price of today is HK$0.238.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New Ray Medicine International Holding's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$1.07.
* 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:
New Ray Medicine International Holding (HKSE:06108) has a PS Ratio of 0.22 as of Sep. 06, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on New Ray Medicine International Holding and its competitors. This is 85% below median its historical median of 1.47. Over the past decade, New Ray Medicine International Holding's PS Ratio has ranged from 0.22 to 11.47. According to the industry distribution chart, New Ray Medicine International Holding ranks #47 out of 660 companies in the Healthcare Providers & Services industry, placing it in the top 7.1%.
Is New Ray Medicine International Holding's PS Ratio too high?
New Ray Medicine International Holding's current PS Ratio of 0.22 is 85% below median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 11.47. The Healthcare Providers & Services industry median PS Ratio is 1.51. New Ray Medicine International Holding's value of 0.22 is 85.4% below this industry median. Based on the distribution chart, New Ray Medicine International Holding ranks #47 out of 660 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, New Ray Medicine International Holding has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Ray Medicine International Holding's PS Ratio compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, New Ray Medicine International Holding ranks #47 out of 660 companies for PS Ratio. This places New Ray Medicine International Holding in the top 7% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.51. New Ray Medicine International Holding's value of 0.22 is 85.4% below this benchmark. Historically, New Ray Medicine International Holding's own PS Ratio has ranged from 0.22 to 11.47 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.51, New Ray Medicine International Holding 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 Healthcare Providers & Services company?
The median PS Ratio among Healthcare Providers & Services companies is 1.51, based on 660 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. New Ray Medicine International Holding's current PS Ratio of 0.22 is 85.4% 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 New Ray Medicine International Holding and its competitors. For the Healthcare Providers & Services industry, the median PS Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Ray Medicine International Holding's current PS Ratio is 0.22, which is 85% below median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Ray Medicine International Holding stock overvalued right now?
Based on GuruFocus' analysis, New Ray Medicine International Holding (HKSE:06108) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.04, compared to a current price of HK$0.24 — trading 77.1% below its estimated fair value. The current PS Ratio is 0.22, which is 85% below median its 10-year median of 1.47 and 85.4% below the Healthcare Providers & Services industry median of 1.51. New Ray Medicine International Holding's overall GF Score™ is 47/100 with 4 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 New Ray Medicine International Holding (HKSE:06108), the current PS Ratio is 0.22 as of Sep. 06, 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 New Ray Medicine International Holding (HKSE:06108) Overvalued in 2026?
Based on GuruFocus' analysis, New Ray Medicine International Holding stock appears to be undervalued.
The current stock price of HK$0.24 is trading 77.1% below its estimated GF Value™ of HK$1.04.
GuruFocus considers New Ray Medicine International Holding to be Possible Value Trap.
Key valuation signals for HKSE:06108:
PS Ratio: 0.22 (85% below median its 10-year median of 1.47)
GF Value™: HK$1.04 vs. price of HK$0.24 (77.1% below fair value)
Industry Position: 85.4% below the Healthcare Providers & Services median (#47 of 660)
No single metric tells the full story. See the HKSE:06108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Ray Medicine International Holding Ltd is engaged in the trading and distribution of pharmaceutical products in the People's Republic of China. The company's segments include the Distribution and trading of pharmaceutical products and the Provision of marketing and promotion services. Distribution and trading of pharmaceutical products segment consist of Injection drugs and generate maximum revenue for the company.
47GF Score
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