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Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) 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.
Hangzhou Fortune Gas Cryogenic Group Co PS Ratio Related Terms
Hangzhou Fortune Gas Cryogenic Group 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.
Hangzhou Fortune Gas Cryogenic Group Co PS Ratio Chart
Hangzhou Fortune Gas Cryogenic Group Co Annual Data
For the Specialty Industrial Machinery subindustry, Hangzhou Fortune Gas Cryogenic Group 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.
Hangzhou Fortune Gas Cryogenic Group Co PS Ratio vs Industrial Products Industry
Hangzhou Fortune Gas Cryogenic Group 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.
Hangzhou Fortune Gas Cryogenic Group Co's Share Price of today is ¥32.33. Hangzhou Fortune Gas Cryogenic Group 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 ¥19.04.
* 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:
Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) has a PS Ratio of 1.70 as of Aug. 04, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hangzhou Fortune Gas Cryogenic Group Co and its competitors. This is near median its historical median of 1.78. Over the past decade, Hangzhou Fortune Gas Cryogenic Group Co's PS Ratio has ranged from 1.23 to 2.95. According to the industry distribution chart, Hangzhou Fortune Gas Cryogenic Group Co ranks #1364 out of 3025 companies in the Industrial Products industry, placing it in the top 45.1%.
Is Hangzhou Fortune Gas Cryogenic Group Co's PS Ratio too high?
Hangzhou Fortune Gas Cryogenic Group Co's current PS Ratio of 1.70 is near median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 2.95. The Industrial Products industry median PS Ratio is 1.95. Hangzhou Fortune Gas Cryogenic Group Co's value of 1.70 is 12.8% below this industry median. Based on the distribution chart, Hangzhou Fortune Gas Cryogenic Group Co ranks #1364 out of 3025 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hangzhou Fortune Gas Cryogenic Group Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Fortune Gas Cryogenic Group Co's PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hangzhou Fortune Gas Cryogenic Group Co ranks #1364 out of 3025 companies for PS Ratio. This puts Hangzhou Fortune Gas Cryogenic Group Co in the upper half of its industry. The industry median PS Ratio is 1.95. Hangzhou Fortune Gas Cryogenic Group Co's value of 1.70 is 12.8% below this benchmark. Historically, Hangzhou Fortune Gas Cryogenic Group Co's own PS Ratio has ranged from 1.23 to 2.95 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.95, Hangzhou Fortune Gas Cryogenic Group Co 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 Industrial Products company?
The median PS Ratio among Industrial Products companies is 1.95, based on 3,025 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. Hangzhou Fortune Gas Cryogenic Group Co's current PS Ratio of 1.70 is 12.8% 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 Hangzhou Fortune Gas Cryogenic Group Co and its competitors. For the Industrial Products industry, the median PS Ratio is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Fortune Gas Cryogenic Group Co's current PS Ratio is 1.70, which is near median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Fortune Gas Cryogenic Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥38.31, compared to a current price of ¥32.33 — trading 15.6% below its estimated fair value. The current PS Ratio is 1.70, which is near median its 10-year median of 1.78 and 12.8% below the Industrial Products industry median of 1.95. Hangzhou Fortune Gas Cryogenic Group Co's overall GF Score™ is 92/100 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 Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173), the current PS Ratio is 1.70 as of Aug. 04, 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 Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Fortune Gas Cryogenic Group Co stock appears to be undervalued.
The current stock price of ¥32.33 is trading 15.6% below its estimated GF Value™ of ¥38.31.
GuruFocus considers Hangzhou Fortune Gas Cryogenic Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:603173:
PS Ratio: 1.70 (near median its 10-year median of 1.78)
GF Value™: ¥38.31 vs. price of ¥32.33 (15.6% below fair value)
Industry Position: 12.8% below the Industrial Products median (#1364 of 3025)
No single metric tells the full story. See the SHSE:603173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Fortune Gas Cryogenic Group Co Ltd is engaged in the development of various cryogenic technology processes and the design, manufacture, and sales of cryogenic equipment. The company's products mainly include air separation equipment, liquefied natural gas equipment (LNG equipment), coil-wound heat exchangers, chemical cold boxes, and cryogenic equipment such as cryogenic storage tanks.
92GF Score
Get the complete analysis for SHSE:603173
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