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Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) 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.
Inner Mongolia Mengdian Huaneng Thermal Power PS Ratio Related Terms
Inner Mongolia Mengdian Huaneng Thermal Power 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.
Inner Mongolia Mengdian Huaneng Thermal Power PS Ratio Chart
Inner Mongolia Mengdian Huaneng Thermal Power Annual Data
For the Utilities - Independent Power Producers subindustry, Inner Mongolia Mengdian Huaneng Thermal Power'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.
Inner Mongolia Mengdian Huaneng Thermal Power PS Ratio vs Utilities - Independent Power Producers Industry
Inner Mongolia Mengdian Huaneng Thermal Power 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.
Inner Mongolia Mengdian Huaneng Thermal Power's Share Price of today is ¥4.88. Inner Mongolia Mengdian Huaneng Thermal Power'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 ¥2.78.
* 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:
Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) has a PS Ratio of 1.75 as of Jul. 24, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Inner Mongolia Mengdian Huaneng Thermal Power and its competitors. This is 35% above median its historical median of 1.30. Over the past decade, Inner Mongolia Mengdian Huaneng Thermal Power's PS Ratio has ranged from 0.91 to 2.62. According to the industry distribution chart, Inner Mongolia Mengdian Huaneng Thermal Power ranks #167 out of 419 companies in the Utilities - Independent Power Producers industry, placing it in the top 39.9%.
Is Inner Mongolia Mengdian Huaneng Thermal Power's PS Ratio too high?
Inner Mongolia Mengdian Huaneng Thermal Power's current PS Ratio of 1.75 is 35% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 2.62. The Utilities - Independent Power Producers industry median PS Ratio is 2.70. Inner Mongolia Mengdian Huaneng Thermal Power's value of 1.75 is 35.2% below this industry median. Based on the distribution chart, Inner Mongolia Mengdian Huaneng Thermal Power ranks #167 out of 419 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Inner Mongolia Mengdian Huaneng Thermal Power has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolia Mengdian Huaneng Thermal Power's PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Inner Mongolia Mengdian Huaneng Thermal Power ranks #167 out of 419 companies for PS Ratio. This puts Inner Mongolia Mengdian Huaneng Thermal Power in the upper half of its industry. The industry median PS Ratio is 2.70. Inner Mongolia Mengdian Huaneng Thermal Power's value of 1.75 is 35.2% below this benchmark. Historically, Inner Mongolia Mengdian Huaneng Thermal Power's own PS Ratio has ranged from 0.91 to 2.62 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 2.70, Inner Mongolia Mengdian Huaneng Thermal Power 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 Utilities - Independent Power Producers company?
The median PS Ratio among Utilities - Independent Power Producers companies is 2.70, based on 419 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. Inner Mongolia Mengdian Huaneng Thermal Power's current PS Ratio of 1.75 is 35.2% 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 Inner Mongolia Mengdian Huaneng Thermal Power and its competitors. For the Utilities - Independent Power Producers industry, the median PS Ratio is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner Mongolia Mengdian Huaneng Thermal Power's current PS Ratio is 1.75, which is 35% 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 Inner Mongolia Mengdian Huaneng Thermal Power stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.70, compared to a current price of ¥4.88 — trading 31.9% above its estimated fair value. The current PS Ratio is 1.75, which is 35% above median its 10-year median of 1.30 and 35.2% below the Utilities - Independent Power Producers industry median of 2.70. Inner Mongolia Mengdian Huaneng Thermal Power's overall GF Score™ is 72/100 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 Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863), the current PS Ratio is 1.75 as of Jul. 24, 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 Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Overvalued in 2026?
Based on GuruFocus' analysis, Inner Mongolia Mengdian Huaneng Thermal Power stock appears to be overvalued.
The current stock price of ¥4.88 is trading 31.9% above its estimated GF Value™ of ¥3.70.
GuruFocus considers Inner Mongolia Mengdian Huaneng Thermal Power to be Significantly Overvalued.
Key valuation signals for SHSE:600863:
PS Ratio: 1.75 (35% above median its 10-year median of 1.30)
GF Value™: ¥3.70 vs. price of ¥4.88 (31.9% above fair value)
Industry Position: 35.2% below the Utilities - Independent Power Producers median (#167 of 419)
No single metric tells the full story. See the SHSE:600863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inner Mongolia Mengdian Huaneng Thermal Power Business Description
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