Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
HG Metal ManufacturingSGX:BTG -2.22%42 PS Ratio is 0.72 as of Aug. 27, 2026, which is 132% above its 10-year median of 0.31. GuruFocus rates SGX:BTG with a GF Score™ of 42/100 and a GF Value™ of S$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 611 Steel companies, HG Metal Manufacturing ranks worse than 55.81% 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, HG Metal Manufacturing's share price is S$0.44.
HG Metal Manufacturing's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was S$0.61. Hence, HG Metal Manufacturing's PS Ratio for today is 0.72.
Good Sign:
HG Metal Manufacturing Ltd stock PS Ratio (=0.4) is close to 1-year low of 0.4.
The historical rank and industry rank for HG Metal Manufacturing's PS Ratio or its related term are showing as below:
SGX:BTG'
s PS Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.31 Max: 0.74
Current: 0.71
During the past 13 years, HG Metal Manufacturing's highest PS Ratio was 0.74. The lowest was 0.14. And the median was 0.31.
SGX:BTG's PS Ratio is ranked worse than 55.81% of 611
companies
in the Steel industry
Industry Median: 0.6
vs SGX:BTG: 0.71
HG Metal Manufacturing Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of HG Metal Manufacturing was -32.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 16.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -0.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -4.80% per year.
During the past 13 years, HG Metal Manufacturing's highest 3-Year average Revenue per Share Growth Rate was 16.20% per year. The lowest was -45.40% per year. And the median was -9.60% per year.
HG Metal Manufacturing (SGX:BTG) 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.
* 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 Steel subindustry, HG Metal Manufacturing'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.
HG Metal Manufacturing PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, HG Metal Manufacturing's PS Ratio distribution charts can be found below:
* The bar in red indicates where HG Metal Manufacturing'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.
HG Metal Manufacturing's Share Price of today is S$0.44.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HG Metal Manufacturing's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was S$0.61.
* 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:
HG Metal Manufacturing (SGX:BTG) has a PS Ratio of 0.72 as of Aug. 27, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on HG Metal Manufacturing and its competitors. This is 132% above median its historical median of 0.31. Over the past decade, HG Metal Manufacturing's PS Ratio has ranged from 0.14 to 0.74. According to the industry distribution chart, HG Metal Manufacturing ranks #341 out of 611 companies in the Steel industry, placing it in the top 55.8%.
Is HG Metal Manufacturing's PS Ratio too high?
HG Metal Manufacturing's current PS Ratio of 0.72 is 132% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.74. The Steel industry median PS Ratio is 0.60. HG Metal Manufacturing's value of 0.72 is 20% above this industry median. Based on the distribution chart, HG Metal Manufacturing ranks #341 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, HG Metal Manufacturing has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HG Metal Manufacturing's PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, HG Metal Manufacturing ranks #341 out of 611 companies for PS Ratio. This places HG Metal Manufacturing in the lower half of its industry. The industry median PS Ratio is 0.60. HG Metal Manufacturing's value of 0.72 is 20% above this benchmark. Historically, HG Metal Manufacturing's own PS Ratio has ranged from 0.14 to 0.74 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.60, HG Metal Manufacturing 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 a Steel company?
The median PS Ratio among Steel companies is 0.60, based on 611 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. HG Metal Manufacturing's current PS Ratio of 0.72 is 20% 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 HG Metal Manufacturing and its competitors. For the Steel industry, the median PS Ratio is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HG Metal Manufacturing's current PS Ratio is 0.72, which is 132% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HG Metal Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, HG Metal Manufacturing (SGX:BTG) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.44 — trading 131.6% above its estimated fair value. The current PS Ratio is 0.72, which is 132% above median its 10-year median of 0.31 and 20% above the Steel industry median of 0.60. HG Metal Manufacturing's overall GF Score™ is 42/100 with 3 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 HG Metal Manufacturing (SGX:BTG), the current PS Ratio is 0.72 as of Aug. 27, 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 HG Metal Manufacturing (SGX:BTG) Overvalued in 2026?
Based on GuruFocus' analysis, HG Metal Manufacturing stock appears to be overvalued.
The current stock price of S$0.44 is trading 131.6% above its estimated GF Value™ of S$0.19.
GuruFocus considers HG Metal Manufacturing to be Significantly Overvalued.
Key valuation signals for SGX:BTG:
PS Ratio: 0.72 (132% above median its 10-year median of 0.31)
GF Value™: S$0.19 vs. price of S$0.44 (131.6% above fair value)
Industry Position: 20% above the Steel median (#341 of 611)
No single metric tells the full story. See the SGX:BTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HG Metal Manufacturing Ltd is involved in the steel business. The Company operates through business units including HG Distribution, HG Construction Steel, HG Coupler, and Thread. Its operating segments comprise the Trading segment, the Manufacturing segment, and Others. The Trading segment supplies steel products and includes investments in subsidiaries engaged in steel distribution and the provision of industrial steel services. The Manufacturing segment produces construction steel products and provides related engineering services. The Others segment includes activities that do not fall under the Trading or Manufacturing segments. The majority of the Company's revenue is generated from the Manufacturing segment, with the maximum of its revenue derived from Singapore.
42GF Score
Get the complete analysis for SGX:BTG
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:BTG has been successfully added to your 
