Spindex Industries (SGX:564) PS Ratio: 0.91 (As of Aug. 13, 2026) — 34% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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SGX:564 Spindex Industries Ltd SGX:564
68 GF Score
Price S$1.42
GF Value S$0.88
! 9 Warning Signs
View Full Analysis

What is Spindex Industries PS Ratio?

Spindex Industries SGX:564 68 PS Ratio is 0.91 as of Aug. 13, 2026, which is 34% above its 10-year median of 0.68. GuruFocus rates SGX:564 with a GF Score™ of 68/100 and a GF Value™ of S$0.88. The stock has 9 warning signs investors should review.

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, Spindex Industries's share price is S$1.42. Spindex Industries's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2025 was S$1.56. Hence, Spindex Industries's PS Ratio for today is 0.91.

Warning Sign:

Spindex Industries Ltd stock PS Ratio (=0.91) is close to 10-year high of 0.97.

The historical rank and industry rank for Spindex Industries's PS Ratio or its related term are showing as below:

SGX:564' s PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.68   Max: 0.97
Current: 0.91

During the past 13 years, Spindex Industries's highest PS Ratio was 0.97. The lowest was 0.50. And the median was 0.68.

SGX:564's PS Ratio is not ranked
in the Industrial Products industry.
Industry Median: 2.04 vs SGX:564: 0.91

Spindex Industries's Revenue per Sharefor the six months ended in Jun. 2025 was S$0.76. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2025 was S$1.56.

Warning Sign:

Spindex Industries Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Spindex Industries was 0.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -4.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.10% per year.

During the past 13 years, Spindex Industries's highest 3-Year average Revenue per Share Growth Rate was 18.20% per year. The lowest was -4.20% per year. And the median was 6.65% per year.

Back to Basics: PS Ratio


Spindex Industries  (SGX:564) 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.


Spindex Industries PS Ratio Related Terms


Spindex Industries PS Ratio Historical Data

* Premium members only.

The historical data trend for Spindex Industries'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.

Spindex Industries PS Ratio Chart

Spindex Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.59 0.61 0.57 0.69

Spindex Industries Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.00 0.57 0.00 0.69

SGX:564 vs SNA, RBC, LECO: PS Ratio Comparison

For the Tools & Accessories subindustry, Spindex Industries'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.


Spindex Industries PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spindex Industries's PS Ratio distribution charts can be found below:

* The bar in red indicates where Spindex Industries's PS Ratio falls into.


SGX:564
68GF Score
Spindex Industries Ltd SGX:564
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spindex Industries 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.

Spindex Industries's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.42/1.557
=0.91

Spindex Industries's Share Price of today is S$1.42.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spindex Industries's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2025 was S$1.56.

* 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 0.91 mean?
Spindex Industries (SGX:564) has a PS Ratio of 0.91 as of Aug. 13, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Spindex Industries and its competitors. This is 34% above median its historical median of 0.68. Over the past decade, Spindex Industries' PS Ratio has ranged from 0.50 to 0.97.
Is Spindex Industries' PS Ratio too high?
Spindex Industries' current PS Ratio of 0.91 is 34% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.97. The Industrial Products industry median PS Ratio is 2.04. Spindex Industries' value of 0.91 is 55.4% below this industry median. Overall, Spindex Industries has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Spindex Industries' PS Ratio compare to SNA and RBC?
Spindex Industries' PS Ratio of 0.91 can be compared against companies in the Industrial Products industry. The industry median PS Ratio is 2.04. Spindex Industries' value of 0.91 is 55.4% below this benchmark. Historically, Spindex Industries' own PS Ratio has ranged from 0.50 to 0.97 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 2.04, Spindex Industries 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 an Industrial Products company?
The median PS Ratio among Industrial Products companies is 2.04, based on 3,019 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. Spindex Industries's current PS Ratio of 0.91 is 55.4% 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 Spindex Industries and its competitors. For the Industrial Products industry, the median PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindex Industries's current PS Ratio is 0.91, which is 34% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindex Industries stock overvalued right now?
Spindex Industries (SGX:564) has a current PS Ratio of 0.91. The stock's GF Value™ is S$0.88, compared to a current price of S$1.42 — trading 61.4% above its estimated fair value. The current PS Ratio is 0.91, which is 34% above median its 10-year median of 0.68 and 55.4% below the Industrial Products industry median of 2.04. Spindex Industries' overall GF Score™ is 68/100 with 9 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 Spindex Industries (SGX:564), the current PS Ratio is 0.91 as of Aug. 13, 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 Spindex Industries (SGX:564) Overvalued in 2026?

Based on GuruFocus' analysis, Spindex Industries stock appears to be overvalued. The current stock price of S$1.42 is trading 61.4% above its estimated GF Value™ of S$0.88.

Key valuation signals for SGX:564:

  • PS Ratio: 0.91 (34% above median its 10-year median of 0.68)
  • GF Value™: S$0.88 vs. price of S$1.42 (61.4% above fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 55.4% below the Industrial Products median

No single metric tells the full story. See the SGX:564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spindex Industries Business Description

Address 8 Boon Lay Way, No. 10-03, 8 TradeHub 21, Singapore, SGP, 609964
Spindex Industries Ltd is a manufacturer, importer, exporter, and dealer of mechanical, electrical, and electronic parts. The company's operating segment includes Imaging and printing; Machinery and automotive systems; and Consumer product and others. It generates maximum revenue from the Machinery and automotive systems segment. Geographically, it derives a majority of its revenue from the USA, Europe and others and also has a presence in Singapore; ASEAN, and China.
68GF Score

Get the complete analysis for SGX:564

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

S$1.42
Price
S$0.88
GF Value