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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, True Partner Capital Holding's share price is HK$0.29.
True Partner Capital Holding's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.02. Hence, True Partner Capital Holding's PS Ratio for today is 13.81.
The historical rank and industry rank for True Partner Capital Holding's PS Ratio or its related term are showing as below:
HKSE:08657'
s PS Ratio Range Over the Past 10 Years
Min: 2.02 Med: 7.57 Max: 25
Current: 13.81
During the past 8 years, True Partner Capital Holding's highest PS Ratio was 25.00. The lowest was 2.02. And the median was 7.57.
HKSE:08657's PS Ratio is ranked worse than 73.98% of 1399
companies
in the Asset Management industry
Industry Median: 7.16
vs HKSE:08657: 13.81
During the past 8 years, True Partner Capital Holding's highest 3-Year average Revenue per Share Growth Rate was -0.90% per year. The lowest was -56.40% per year. And the median was -42.10% per year.
True Partner Capital Holding (HKSE:08657) 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.
True Partner Capital Holding PS Ratio Related Terms
True Partner Capital 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.
For the Asset Management subindustry, True Partner Capital 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.
True Partner Capital Holding PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, True Partner Capital Holding's PS Ratio distribution charts can be found below:
* The bar in red indicates where True Partner Capital Holding's PS Ratio falls into.
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.
True Partner Capital Holding's Share Price of today is HK$0.29.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. True Partner Capital Holding's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.02.
* 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:
True Partner Capital Holding (HKSE:08657) has a PS Ratio of 13.81 as of Aug. 31, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on True Partner Capital Holding and its competitors. This is 82% above median its historical median of 7.57. Over the past decade, True Partner Capital Holding's PS Ratio has ranged from 2.02 to 25.00. According to the industry distribution chart, True Partner Capital Holding ranks #1035 out of 1399 companies in the Asset Management industry, placing it in the top 74%.
Is True Partner Capital Holding's PS Ratio too high?
True Partner Capital Holding's current PS Ratio of 13.81 is 82% above median its 10-year median of 7.57. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 25.00. The Asset Management industry median PS Ratio is 7.16. True Partner Capital Holding's value of 13.81 is 92.9% above this industry median. Based on the distribution chart, True Partner Capital Holding ranks #1035 out of 1399 companies in the Asset Management industry, which is below the industry midpoint. Overall, True Partner Capital Holding has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does True Partner Capital Holding's PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, True Partner Capital Holding ranks #1035 out of 1399 companies for PS Ratio. This places True Partner Capital Holding in the lower half of its industry. The industry median PS Ratio is 7.16. True Partner Capital Holding's value of 13.81 is 92.9% above this benchmark. Historically, True Partner Capital Holding's own PS Ratio has ranged from 2.02 to 25.00 over the past decade. While the company's 10-year median is 7.57 vs. the industry median of 7.16, True Partner Capital Holding 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 an Asset Management company?
The median PS Ratio among Asset Management companies is 7.16, based on 1,399 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. True Partner Capital Holding's current PS Ratio of 13.81 is 92.9% 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 True Partner Capital Holding and its competitors. For the Asset Management industry, the median PS Ratio is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True Partner Capital Holding's current PS Ratio is 13.81, which is 82% above median its own 10-year median of 7.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True Partner Capital Holding stock overvalued right now?
Based on GuruFocus' analysis, True Partner Capital Holding (HKSE:08657) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.26, compared to a current price of HK$0.29 — trading 11.5% above its estimated fair value. The current PS Ratio is 13.81, which is 82% above median its 10-year median of 7.57 and 92.9% above the Asset Management industry median of 7.16. True Partner Capital Holding's overall GF Score™ is 39/100 with 2 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 True Partner Capital Holding (HKSE:08657), the current PS Ratio is 13.81 as of Aug. 31, 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 True Partner Capital Holding (HKSE:08657) Overvalued in 2026?
Based on GuruFocus' analysis, True Partner Capital Holding stock appears to be overvalued.
The current stock price of HK$0.29 is trading 11.5% above its estimated GF Value™ of HK$0.26.
GuruFocus considers True Partner Capital Holding to be Modestly Overvalued.
Key valuation signals for HKSE:08657:
PS Ratio: 13.81 (82% above median its 10-year median of 7.57)
GF Value™: HK$0.26 vs. price of HK$0.29 (11.5% above fair value)
Industry Position: 92.9% above the Asset Management median (#1035 of 1399)
No single metric tells the full story. See the HKSE:08657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
True Partner Capital Holding Ltd is an investment holding company. Through its subsidiaries, it is principally engaged in the fund management business, derivative trading, and providing consultancy services. The Group trades in listed derivatives across different financial markets to generate uncorrelated returns for its clients and investors, with an emphasis on outperformance in times of market turmoil, and also provides specifically engineered solutions for qualified investors seeking to optimize the risk-reward profile of their portfolios. Its operating segments are: Asset management and consultancy services, which generate maximum revenue, and Derivative trading. Geographically, the Group generates maximum revenue from Hong Kong and the rest from Chicago.
39GF Score
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