Fujian Qingshan Paper Industry Co (SHSE:600103) PS Ratio: 2.47 (As of Jul. 22, 2026) — 25% Above Median

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SHSE:600103 Fujian Qingshan Paper Industry Co Ltd SHSE:600103
65 GF Score
Price ¥2.63
GF Value ¥2.08
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Fujian Qingshan Paper Industry Co PS Ratio?

Fujian Qingshan Paper Industry Co SHSE:600103 +0.77% 65 PS Ratio is 2.47 as of Jul. 22, 2026, which is 25% above its 10-year median of 1.97. GuruFocus rates SHSE:600103 with a GF Score™ of 65/100 and a GF Value™ of ¥2.08 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 281 Forest Products companies, Fujian Qingshan Paper Industry Co ranks worse than 82.92% 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, Fujian Qingshan Paper Industry Co's share price is ¥2.63. Fujian Qingshan Paper Industry Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1.06. Hence, Fujian Qingshan Paper Industry Co's PS Ratio for today is 2.47.

The historical rank and industry rank for Fujian Qingshan Paper Industry Co's PS Ratio or its related term are showing as below:

SHSE:600103' s PS Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.97   Max: 4.62
Current: 2.48

During the past 13 years, Fujian Qingshan Paper Industry Co's highest PS Ratio was 4.62. The lowest was 1.37. And the median was 1.97.

SHSE:600103's PS Ratio is ranked worse than
82.92% of 281 companies
in the Forest Products industry
Industry Median: 0.62 vs SHSE:600103: 2.48

Fujian Qingshan Paper Industry Co's Revenue per Sharefor the three months ended in Mar. 2026 was ¥0.26. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1.06.

Warning Sign:

Fujian Qingshan Paper Industry Co 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 Fujian Qingshan Paper Industry Co was -7.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -0.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was -1.90% per year.

During the past 13 years, Fujian Qingshan Paper Industry Co's highest 3-Year average Revenue per Share Growth Rate was 17.30% per year. The lowest was -6.80% per year. And the median was 5.10% per year.

Back to Basics: PS Ratio


Fujian Qingshan Paper Industry Co  (SHSE:600103) 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.


Fujian Qingshan Paper Industry Co PS Ratio Related Terms


Fujian Qingshan Paper Industry Co PS Ratio Historical Data

* Premium members only.

The historical data trend for Fujian Qingshan Paper Industry Co'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.

Fujian Qingshan Paper Industry Co PS Ratio Chart

Fujian Qingshan Paper Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 1.70 1.98 2.18 3.83

Fujian Qingshan Paper Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.91 2.07 3.46 3.83 3.23

Fujian Qingshan Paper Industry Co PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Fujian Qingshan Paper Industry Co'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.


Fujian Qingshan Paper Industry Co PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fujian Qingshan Paper Industry Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Fujian Qingshan Paper Industry Co's PS Ratio falls into.


SHSE:600103
65GF Score
Fujian Qingshan Paper Industry Co Ltd SHSE:600103
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujian Qingshan Paper Industry Co 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.

Fujian Qingshan Paper Industry Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=2.63/1.063
=2.47

Fujian Qingshan Paper Industry Co's Share Price of today is ¥2.63.
Fujian Qingshan Paper Industry Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1.06.

* 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 2.47 mean?
Fujian Qingshan Paper Industry Co (SHSE:600103) has a PS Ratio of 2.47 as of Jul. 22, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Fujian Qingshan Paper Industry Co and its competitors. This is 25% above median its historical median of 1.97. Over the past decade, Fujian Qingshan Paper Industry Co's PS Ratio has ranged from 1.37 to 4.62. According to the industry distribution chart, Fujian Qingshan Paper Industry Co ranks #233 out of 281 companies in the Forest Products industry, placing it in the top 82.9%.
Is Fujian Qingshan Paper Industry Co's PS Ratio too high?
Fujian Qingshan Paper Industry Co's current PS Ratio of 2.47 is 25% above median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 4.62. The Forest Products industry median PS Ratio is 0.62. Fujian Qingshan Paper Industry Co's value of 2.47 is 298.4% above this industry median. Based on the distribution chart, Fujian Qingshan Paper Industry Co ranks #233 out of 281 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Fujian Qingshan Paper Industry Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Qingshan Paper Industry Co's PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, Fujian Qingshan Paper Industry Co ranks #233 out of 281 companies for PS Ratio. This places Fujian Qingshan Paper Industry Co in the lower half of its industry. The industry median PS Ratio is 0.62. Fujian Qingshan Paper Industry Co's value of 2.47 is 298.4% above this benchmark. Historically, Fujian Qingshan Paper Industry Co's own PS Ratio has ranged from 1.37 to 4.62 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 0.62, Fujian Qingshan Paper Industry Co 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 Forest Products company?
The median PS Ratio among Forest Products companies is 0.62, based on 281 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. Fujian Qingshan Paper Industry Co's current PS Ratio of 2.47 is 298.4% 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 Fujian Qingshan Paper Industry Co and its competitors. For the Forest Products industry, the median PS Ratio is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Qingshan Paper Industry Co's current PS Ratio is 2.47, which is 25% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Qingshan Paper Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Qingshan Paper Industry Co (SHSE:600103) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.08, compared to a current price of ¥2.63 — trading 26.4% above its estimated fair value. The current PS Ratio is 2.47, which is 25% above median its 10-year median of 1.97 and 298.4% above the Forest Products industry median of 0.62. Fujian Qingshan Paper Industry Co's overall GF Score™ is 65/100 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 Fujian Qingshan Paper Industry Co (SHSE:600103), the current PS Ratio is 2.47 as of Jul. 22, 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 Fujian Qingshan Paper Industry Co (SHSE:600103) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Qingshan Paper Industry Co stock appears to be overvalued. The current stock price of ¥2.63 is trading 26.4% above its estimated GF Value™ of ¥2.08. GuruFocus considers Fujian Qingshan Paper Industry Co to be Modestly Overvalued.

Key valuation signals for SHSE:600103:

  • PS Ratio: 2.47 (25% above median its 10-year median of 1.97)
  • GF Value™: ¥2.08 vs. price of ¥2.63 (26.4% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 298.4% above the Forest Products median (#233 of 281)

No single metric tells the full story. See the SHSE:600103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Qingshan Paper Industry Co Business Description

Address No. 1 Qingshan Road, Qingshan Paper Industry, Qingzhou Town, Shaxian County, Fujian Province, Sanming, CHN, 365056
Fujian Qingshan Paper Industry Co Ltd is a China-based company engaged in the production and sales of paper products. Its principal products cover paper bags, pulp board, paperboard and corrugated paper products, paper products, optoelectronic products and forest products. The company distributes its products in domestic and overseas markets.
65GF Score

Get the complete analysis for SHSE:600103

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

¥2.63
Price
¥2.08
GF Value