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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, China Tourism Group Duty Free's share price is ¥54.06.
China Tourism Group Duty Free's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥26.03. Hence, China Tourism Group Duty Free's PS Ratio for today is 2.08.
Good Sign:
China Tourism Group Duty Free Corp Ltd stock PS Ratio (=2.14) is close to 1-year low of 2.03.
The historical rank and industry rank for China Tourism Group Duty Free's PS Ratio or its related term are showing as below:
SHSE:601888'
s PS Ratio Range Over the Past 10 Years
Min: 1.25 Med: 3.28 Max: 14.4
Current: 2.08
During the past 13 years, China Tourism Group Duty Free's highest PS Ratio was 14.40. The lowest was 1.25. And the median was 3.28.
SHSE:601888's PS Ratio is ranked worse than 81.19% of 1122
companies
in the Retail - Cyclical industry
Industry Median: 0.64
vs SHSE:601888: 2.08
During the past 13 years, China Tourism Group Duty Free's highest 3-Year average Revenue per Share Growth Rate was 30.30% per year. The lowest was -7.70% per year. And the median was 12.40% per year.
China Tourism Group Duty Free (SHSE:601888) 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.
China Tourism Group Duty Free PS Ratio Related Terms
China Tourism Group Duty Free 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:601888 vs CASY, WSM, ULTA: PS Ratio Comparison
For the Specialty Retail subindustry, China Tourism Group Duty Free'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.
China Tourism Group Duty Free PS Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Tourism Group Duty Free's PS Ratio falls into.
China Tourism Group Duty Free 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.
China Tourism Group Duty Free's Share Price of today is ¥54.06. China Tourism Group Duty Free'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 ¥26.03.
* 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:
China Tourism Group Duty Free (SHSE:601888) has a PS Ratio of 2.08 as of Aug. 15, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on China Tourism Group Duty Free and its competitors. This is 37% below median its historical median of 3.28. Over the past decade, China Tourism Group Duty Free's PS Ratio has ranged from 1.25 to 14.40. According to the industry distribution chart, China Tourism Group Duty Free ranks #911 out of 1122 companies in the Retail - Cyclical industry, placing it in the top 81.2%.
Is China Tourism Group Duty Free's PS Ratio too high?
China Tourism Group Duty Free's current PS Ratio of 2.08 is 37% below median its 10-year median of 3.28. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 14.40. The Retail - Cyclical industry median PS Ratio is 0.64. China Tourism Group Duty Free's value of 2.08 is 225% above this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #911 out of 1122 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's PS Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #911 out of 1122 companies for PS Ratio. This places China Tourism Group Duty Free in the lower half of its industry. The industry median PS Ratio is 0.64. China Tourism Group Duty Free's value of 2.08 is 225% above this benchmark. Historically, China Tourism Group Duty Free's own PS Ratio has ranged from 1.25 to 14.40 over the past decade. While the company's 10-year median is 3.28 vs. the industry median of 0.64, China Tourism Group Duty Free 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 Retail - Cyclical company?
The median PS Ratio among Retail - Cyclical companies is 0.64, based on 1,122 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. China Tourism Group Duty Free's current PS Ratio of 2.08 is 225% 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 China Tourism Group Duty Free and its competitors. For the Retail - Cyclical industry, the median PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current PS Ratio is 2.08, which is 37% below median its own 10-year median of 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
Based on GuruFocus' analysis, China Tourism Group Duty Free (SHSE:601888) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥68.42, compared to a current price of ¥54.06 — trading 21% below its estimated fair value. The current PS Ratio is 2.08, which is 37% below median its 10-year median of 3.28 and 225% above the Retail - Cyclical industry median of 0.64. China Tourism Group Duty Free's overall GF Score™ is 81/100 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 China Tourism Group Duty Free (SHSE:601888), the current PS Ratio is 2.08 as of Aug. 15, 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 China Tourism Group Duty Free (SHSE:601888) Overvalued in 2026?
Based on GuruFocus' analysis, China Tourism Group Duty Free stock appears to be undervalued.
The current stock price of ¥54.06 is trading 21% below its estimated GF Value™ of ¥68.42.
GuruFocus considers China Tourism Group Duty Free to be Modestly Undervalued.
Key valuation signals for SHSE:601888:
PS Ratio: 2.08 (37% below median its 10-year median of 3.28)
GF Value™: ¥68.42 vs. price of ¥54.06 (21% below fair value)
Industry Position: 225% above the Retail - Cyclical median (#911 of 1122)
No single metric tells the full story. See the SHSE:601888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
81GF Score
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