Central China New Life (HKSE:09983) PS Ratio: 0.14 (As of Aug. 19, 2026) — 84% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:09983 Central China New Life Ltd HKSE:09983
66 GF Score
Price HK$0.33
GF Value HK$1.39
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Central China New Life PS Ratio?

Central China New Life HKSE:09983 -4.41% 66 PS Ratio is 0.14 as of Aug. 19, 2026, which is 84% below its 10-year median of 0.85. GuruFocus rates HKSE:09983 with a GF Score™ of 66/100 and a GF Value™ of HK$1.39 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,737 Real Estate companies, Central China New Life ranks better than 95.22% 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, Central China New Life's share price is HK$0.325. Central China New Life's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$2.34. Hence, Central China New Life's PS Ratio for today is 0.14.

The historical rank and industry rank for Central China New Life's PS Ratio or its related term are showing as below:

HKSE:09983' s PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.85   Max: 6.92
Current: 0.14

During the past 9 years, Central China New Life's highest PS Ratio was 6.92. The lowest was 0.13. And the median was 0.85.

HKSE:09983's PS Ratio is ranked better than
95.22% of 1737 companies
in the Real Estate industry
Industry Median: 2.31 vs HKSE:09983: 0.14

Central China New Life's Revenue per Sharefor the six months ended in Dec. 2025 was HK$1.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$2.34.

Warning Sign:

Central China New Life 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 Central China New Life was -3.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -5.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -5.20% per year.

During the past 9 years, Central China New Life's highest 3-Year average Revenue per Share Growth Rate was 81.50% per year. The lowest was -10.70% per year. And the median was 7.70% per year.

Back to Basics: PS Ratio


Central China New Life  (HKSE:09983) 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.


Central China New Life PS Ratio Related Terms


Central China New Life PS Ratio Historical Data

* Premium members only.

The historical data trend for Central China New Life'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.

Central China New Life PS Ratio Chart

Central China New Life Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only 1.47 1.11 0.63 0.50 0.22

Central China New Life Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.00 0.50 0.00 0.22

HKSE:09983 vs CBRE, BEKE, JLL: PS Ratio Comparison

For the Real Estate Services subindustry, Central China New Life'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.


Central China New Life PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Central China New Life's PS Ratio distribution charts can be found below:

* The bar in red indicates where Central China New Life's PS Ratio falls into.


HKSE:09983
66GF Score
Central China New Life Ltd HKSE:09983
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central China New Life 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.

Central China New Life's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.325/2.342
=0.14

Central China New Life's Share Price of today is HK$0.325.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Central China New Life's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$2.34.

* 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 0.14 mean?
Central China New Life (HKSE:09983) has a PS Ratio of 0.14 as of Aug. 19, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Central China New Life and its competitors. This is 84% below median its historical median of 0.85. Over the past decade, Central China New Life's PS Ratio has ranged from 0.13 to 6.92. According to the industry distribution chart, Central China New Life ranks #83 out of 1737 companies in the Real Estate industry, placing it in the top 4.8%.
Is Central China New Life's PS Ratio too high?
Central China New Life's current PS Ratio of 0.14 is 84% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 6.92. The Real Estate industry median PS Ratio is 2.31. Central China New Life's value of 0.14 is 93.9% below this industry median. Based on the distribution chart, Central China New Life ranks #83 out of 1737 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Central China New Life has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Central China New Life's PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Central China New Life ranks #83 out of 1737 companies for PS Ratio. This places Central China New Life in the top 5% of its industry — outperforming the majority of peers. The industry median PS Ratio is 2.31. Central China New Life's value of 0.14 is 93.9% below this benchmark. Historically, Central China New Life's own PS Ratio has ranged from 0.13 to 6.92 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 2.31, Central China New Life 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 2.31, based on 1,737 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. Central China New Life's current PS Ratio of 0.14 is 93.9% 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 Central China New Life and its competitors. For the Real Estate industry, the median PS Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central China New Life's current PS Ratio is 0.14, which is 84% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central China New Life stock overvalued right now?
Based on GuruFocus' analysis, Central China New Life (HKSE:09983) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.39, compared to a current price of HK$0.33 — trading 76.6% below its estimated fair value. The current PS Ratio is 0.14, which is 84% below median its 10-year median of 0.85 and 93.9% below the Real Estate industry median of 2.31. Central China New Life's overall GF Score™ is 66/100 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 Central China New Life (HKSE:09983), the current PS Ratio is 0.14 as of Aug. 19, 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 Central China New Life (HKSE:09983) Overvalued in 2026?

Based on GuruFocus' analysis, Central China New Life stock appears to be undervalued. The current stock price of HK$0.33 is trading 76.6% below its estimated GF Value™ of HK$1.39. GuruFocus considers Central China New Life to be Possible Value Trap.

Key valuation signals for HKSE:09983:

  • PS Ratio: 0.14 (84% below median its 10-year median of 0.85)
  • GF Value™: HK$1.39 vs. price of HK$0.33 (76.6% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 93.9% below the Real Estate median (#83 of 1737)

No single metric tells the full story. See the HKSE:09983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central China New Life Business Description

Address No. 19 Dirun Road, Room 411, 4th Floor, Building 2, Jianye Office Building, Zhengdong New District, Henan Province, Zhengzhou, CHN
Central China New Life Ltd is a property management company in central China with a geographical focus in Henan province. The revenue of the Group was generated from three main business lines: property management services; community value-added services; and value-added services to non-property owners. The company generates the majority of its revenue from property management services. The Group mainly operates its businesses in the PRC and earns substantially all of the revenue from customers in the PRC region.
66GF Score

Get the complete analysis for HKSE:09983

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

HK$0.33
Price
HK$1.39
GF Value