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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, Jiangxi Hongcheng Environment Co's share price is ¥9.13.
Jiangxi Hongcheng Environment Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥5.00. Hence, Jiangxi Hongcheng Environment Co's PS Ratio for today is 1.83.
During the past 13 years, Jiangxi Hongcheng Environment Co's highest 3-Year average Revenue per Share Growth Rate was 63.40% per year. The lowest was -6.00% per year. And the median was 9.90% per year.
Back to Basics: PS Ratio
Jiangxi Hongcheng Environment Co (SHSE:600461) 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.
Jiangxi Hongcheng Environment Co PS Ratio Related Terms
Jiangxi Hongcheng Environment Co 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.
SHSE:600461 vs AWK, WTRG, AWR: PS Ratio Comparison
For the Utilities - Regulated Water subindustry, Jiangxi Hongcheng Environment 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.
Jiangxi Hongcheng Environment Co PS Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Jiangxi Hongcheng Environment Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Jiangxi Hongcheng Environment Co's PS Ratio falls into.
Jiangxi Hongcheng Environment 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.
Jiangxi Hongcheng Environment Co's Share Price of today is ¥9.13. Jiangxi Hongcheng Environment 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 ¥5.00.
* 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:
Jiangxi Hongcheng Environment Co (SHSE:600461) has a PS Ratio of 1.83 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Jiangxi Hongcheng Environment Co and its competitors. This is 41% above median its historical median of 1.30. Over the past decade, Jiangxi Hongcheng Environment Co's PS Ratio has ranged from 0.85 to 2.10. According to the industry distribution chart, Jiangxi Hongcheng Environment Co ranks #300 out of 500 companies in the Utilities - Regulated industry, placing it in the top 60%.
Is Jiangxi Hongcheng Environment Co's PS Ratio too high?
Jiangxi Hongcheng Environment Co's current PS Ratio of 1.83 is 41% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.10. The Utilities - Regulated industry median PS Ratio is 1.45. Jiangxi Hongcheng Environment Co's value of 1.83 is 26.6% above this industry median. Based on the distribution chart, Jiangxi Hongcheng Environment Co ranks #300 out of 500 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Jiangxi Hongcheng Environment Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Hongcheng Environment Co's PS Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Jiangxi Hongcheng Environment Co ranks #300 out of 500 companies for PS Ratio. This places Jiangxi Hongcheng Environment Co in the lower half of its industry. The industry median PS Ratio is 1.45. Jiangxi Hongcheng Environment Co's value of 1.83 is 26.6% above this benchmark. Historically, Jiangxi Hongcheng Environment Co's own PS Ratio has ranged from 0.85 to 2.10 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.45, Jiangxi Hongcheng Environment 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 an Utilities - Regulated company?
The median PS Ratio among Utilities - Regulated companies is 1.45, based on 500 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. Jiangxi Hongcheng Environment Co's current PS Ratio of 1.83 is 26.6% 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 Jiangxi Hongcheng Environment Co and its competitors. For the Utilities - Regulated industry, the median PS Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Hongcheng Environment Co's current PS Ratio is 1.83, which is 41% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Hongcheng Environment Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Hongcheng Environment Co (SHSE:600461) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.21, compared to a current price of ¥9.13 — trading 11.2% above its estimated fair value. The current PS Ratio is 1.83, which is 41% above median its 10-year median of 1.30 and 26.6% above the Utilities - Regulated industry median of 1.45. Jiangxi Hongcheng Environment Co's overall GF Score™ is 72/100 with 5 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 Jiangxi Hongcheng Environment Co (SHSE:600461), the current PS Ratio is 1.83 as of Jul. 17, 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 Jiangxi Hongcheng Environment Co (SHSE:600461) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Hongcheng Environment Co stock appears to be overvalued.
The current stock price of ¥9.13 is trading 11.2% above its estimated GF Value™ of ¥8.21.
GuruFocus considers Jiangxi Hongcheng Environment Co to be Modestly Overvalued.
Key valuation signals for SHSE:600461:
PS Ratio: 1.83 (41% above median its 10-year median of 1.30)
GF Value™: ¥8.21 vs. price of ¥9.13 (11.2% above fair value)
Industry Position: 26.6% above the Utilities - Regulated median (#300 of 500)
No single metric tells the full story. See the SHSE:600461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangxi Hongcheng Environment Co Business Description
Jiangxi Hongcheng Environment Co Ltd is a China-based engaged in the production and operation of water and wastewater treatment. The company is mainly engaged in tap water production and supply, sewage treatment, gas energy and other businesses.
72GF Score
Get the complete analysis for SHSE:600461
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