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.
Harbin VITI Electronic CoSHSE:603023 -1.92%50 PS Ratio is 13.04 as of Aug. 13, 2026, which is 24% below its 10-year median of 17.26. GuruFocus rates SHSE:603023 with a GF Score™ of 50/100 and a GF Value™ of ¥8.94 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Harbin VITI Electronic Co ranks worse than 97.87% 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, Harbin VITI Electronic Co's share price is ¥4.08.
Harbin VITI Electronic Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.31. Hence, Harbin VITI Electronic Co's PS Ratio for today is 13.04.
The historical rank and industry rank for Harbin VITI Electronic Co's PS Ratio or its related term are showing as below:
SHSE:603023'
s PS Ratio Range Over the Past 10 Years
Min: 3.25 Med: 17.26 Max: 51.63
Current: 13
During the past 13 years, Harbin VITI Electronic Co's highest PS Ratio was 51.63. The lowest was 3.25. And the median was 17.26.
SHSE:603023's PS Ratio is ranked worse than 97.87% of 1313
companies
in the Vehicles & Parts industry
Industry Median: 0.81
vs SHSE:603023: 13.00
During the past 12 months, the average Revenue per Share Growth Rate of Harbin VITI Electronic Co was 138.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 35.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -16.00% per year.
During the past 13 years, Harbin VITI Electronic Co's highest 3-Year average Revenue per Share Growth Rate was 47.00% per year. The lowest was -35.30% per year. And the median was -10.55% per year.
Harbin VITI Electronic Co (SHSE:603023) 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.
Harbin VITI Electronic Co PS Ratio Related Terms
Harbin VITI Electronic 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.
For the Auto Parts subindustry, Harbin VITI Electronic 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.
Harbin VITI Electronic Co PS Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Harbin VITI Electronic Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Harbin VITI Electronic Co'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.
Harbin VITI Electronic Co's Share Price of today is ¥4.08. Harbin VITI Electronic 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 ¥0.31.
* 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:
Harbin VITI Electronic Co (SHSE:603023) has a PS Ratio of 13.04 as of Aug. 13, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Harbin VITI Electronic Co and its competitors. This is 24% below median its historical median of 17.26. Over the past decade, Harbin VITI Electronic Co's PS Ratio has ranged from 3.25 to 51.63. According to the industry distribution chart, Harbin VITI Electronic Co ranks #1285 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 97.9%.
Is Harbin VITI Electronic Co's PS Ratio too high?
Harbin VITI Electronic Co's current PS Ratio of 13.04 is 24% below median its 10-year median of 17.26. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 51.63. The Vehicles & Parts industry median PS Ratio is 0.81. Harbin VITI Electronic Co's value of 13.04 is 1509.9% above this industry median. Based on the distribution chart, Harbin VITI Electronic Co ranks #1285 out of 1313 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Harbin VITI Electronic Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Harbin VITI Electronic Co's PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Harbin VITI Electronic Co ranks #1285 out of 1313 companies for PS Ratio. This places Harbin VITI Electronic Co in the lower half of its industry. The industry median PS Ratio is 0.81. Harbin VITI Electronic Co's value of 13.04 is 1509.9% above this benchmark. Historically, Harbin VITI Electronic Co's own PS Ratio has ranged from 3.25 to 51.63 over the past decade. While the company's 10-year median is 17.26 vs. the industry median of 0.81, Harbin VITI Electronic 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 Vehicles & Parts company?
The median PS Ratio among Vehicles & Parts companies is 0.81, based on 1,313 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. Harbin VITI Electronic Co's current PS Ratio of 13.04 is 1509.9% 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 Harbin VITI Electronic Co and its competitors. For the Vehicles & Parts industry, the median PS Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbin VITI Electronic Co's current PS Ratio is 13.04, which is 24% below median its own 10-year median of 17.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin VITI Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin VITI Electronic Co (SHSE:603023) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.94, compared to a current price of ¥4.08 — trading 54.4% below its estimated fair value. The current PS Ratio is 13.04, which is 24% below median its 10-year median of 17.26 and 1509.9% above the Vehicles & Parts industry median of 0.81. Harbin VITI Electronic Co's overall GF Score™ is 50/100 with 2 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 Harbin VITI Electronic Co (SHSE:603023), the current PS Ratio is 13.04 as of Aug. 13, 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 Harbin VITI Electronic Co (SHSE:603023) Overvalued in 2026?
Based on GuruFocus' analysis, Harbin VITI Electronic Co stock appears to be undervalued.
The current stock price of ¥4.08 is trading 54.4% below its estimated GF Value™ of ¥8.94.
GuruFocus considers Harbin VITI Electronic Co to be Possible Value Trap.
Key valuation signals for SHSE:603023:
PS Ratio: 13.04 (24% below median its 10-year median of 17.26)
GF Value™: ¥8.94 vs. price of ¥4.08 (54.4% below fair value)
Industry Position: 1509.9% above the Vehicles & Parts median (#1285 of 1313)
No single metric tells the full story. See the SHSE:603023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbin VITI Electronic Co Ltd is a domestic automotive electronic control product supplier. Its engaged in the research, manufacturing, and sale of electronic products for cars and buses. It's products include CAN bus control system, bus control unit, controller (ECU control unit), Combination of instruments, sensors and other products. The products are mainly used in passenger cars, trucks and military vehicles.
50GF Score
Get the complete analysis for SHSE:603023
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
SHSE:603023 has been successfully added to your 
