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HangZhou Nbond Nonwovens CoSHSE:603238 +2.39%63 PS Ratio is 0.74 as of Aug. 20, 2026, which is 49% below its 10-year median of 1.44. GuruFocus rates SHSE:603238 with a GF Score™ of 63/100 and a GF Value™ of ¥20.77 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,036 Manufacturing - Apparel & Accessories companies, HangZhou Nbond Nonwovens Co ranks better than 55.02% 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, HangZhou Nbond Nonwovens Co's share price is ¥12.40.
HangZhou Nbond Nonwovens Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥16.65. Hence, HangZhou Nbond Nonwovens Co's PS Ratio for today is 0.74.
The historical rank and industry rank for HangZhou Nbond Nonwovens Co's PS Ratio or its related term are showing as below:
SHSE:603238'
s PS Ratio Range Over the Past 10 Years
Min: 0.65 Med: 1.44 Max: 8.67
Current: 0.74
During the past 13 years, HangZhou Nbond Nonwovens Co's highest PS Ratio was 8.67. The lowest was 0.65. And the median was 1.44.
SHSE:603238's PS Ratio is ranked better than 55.02% of 1036
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.83
vs SHSE:603238: 0.74
During the past 12 months, the average Revenue per Share Growth Rate of HangZhou Nbond Nonwovens Co was 23.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 22.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 9.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 15.80% per year.
During the past 13 years, HangZhou Nbond Nonwovens Co's highest 3-Year average Revenue per Share Growth Rate was 45.80% per year. The lowest was -2.60% per year. And the median was 11.80% per year.
HangZhou Nbond Nonwovens Co (SHSE:603238) 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 Nbond Nonwovens Co PS Ratio Related Terms
HangZhou Nbond Nonwovens 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 Nbond Nonwovens Co PS Ratio Competitor Comparison
For the Textile Manufacturing subindustry, HangZhou Nbond Nonwovens 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 Nbond Nonwovens Co PS Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, HangZhou Nbond Nonwovens Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where HangZhou Nbond Nonwovens 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.
HangZhou Nbond Nonwovens Co's Share Price of today is ¥12.40. HangZhou Nbond Nonwovens 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 ¥16.65.
* 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 Nbond Nonwovens Co (SHSE:603238) has a PS Ratio of 0.74 as of Aug. 20, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on HangZhou Nbond Nonwovens Co and its competitors. This is 49% below median its historical median of 1.44. Over the past decade, HangZhou Nbond Nonwovens Co's PS Ratio has ranged from 0.65 to 8.67. According to the industry distribution chart, HangZhou Nbond Nonwovens Co ranks #466 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45%.
Is HangZhou Nbond Nonwovens Co's PS Ratio too high?
HangZhou Nbond Nonwovens Co's current PS Ratio of 0.74 is 49% below median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 8.67. The Manufacturing - Apparel & Accessories industry median PS Ratio is 0.83. HangZhou Nbond Nonwovens Co's value of 0.74 is 10.8% below this industry median. Based on the distribution chart, HangZhou Nbond Nonwovens Co ranks #466 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, HangZhou Nbond Nonwovens Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HangZhou Nbond Nonwovens Co's PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, HangZhou Nbond Nonwovens Co ranks #466 out of 1036 companies for PS Ratio. This puts HangZhou Nbond Nonwovens Co in the upper half of its industry. The industry median PS Ratio is 0.83. HangZhou Nbond Nonwovens Co's value of 0.74 is 10.8% below this benchmark. Historically, HangZhou Nbond Nonwovens Co's own PS Ratio has ranged from 0.65 to 8.67 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 0.83, HangZhou Nbond Nonwovens 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 a Manufacturing - Apparel & Accessories company?
The median PS Ratio among Manufacturing - Apparel & Accessories companies is 0.83, based on 1,036 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 Nbond Nonwovens Co's current PS Ratio of 0.74 is 10.8% 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 Nbond Nonwovens Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PS Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HangZhou Nbond Nonwovens Co's current PS Ratio is 0.74, which is 49% below median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HangZhou Nbond Nonwovens Co stock overvalued right now?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co (SHSE:603238) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.77, compared to a current price of ¥12.40 — trading 40.3% below its estimated fair value. The current PS Ratio is 0.74, which is 49% below median its 10-year median of 1.44 and 10.8% below the Manufacturing - Apparel & Accessories industry median of 0.83. HangZhou Nbond Nonwovens Co's overall GF Score™ is 63/100 with 4 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 Nbond Nonwovens Co (SHSE:603238), the current PS Ratio is 0.74 as of Aug. 20, 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 Nbond Nonwovens Co (SHSE:603238) Overvalued in 2026?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co stock appears to be undervalued.
The current stock price of ¥12.40 is trading 40.3% below its estimated GF Value™ of ¥20.77.
GuruFocus considers HangZhou Nbond Nonwovens Co to be Significantly Undervalued.
Key valuation signals for SHSE:603238:
PS Ratio: 0.74 (49% below median its 10-year median of 1.44)
GF Value™: ¥20.77 vs. price of ¥12.40 (40.3% below fair value)
Industry Position: 10.8% below the Manufacturing - Apparel & Accessories median (#466 of 1036)
No single metric tells the full story. See the SHSE:603238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HangZhou Nbond Nonwovens Co Ltd is a China-based company engages in the production and sale of non-woven fabrics. The Company is a company specializing in the research and development, production and sales of differentiated and personalized spunlace nonwoven materials and their products. The spunlace nonwoven materials produced by the Company are mainly used in four product areas: beauty care, industrial materials, civil cleaning, and medical materials. The Company's products are divided into two categories: spunlace nonwoven materials and spunlace nonwoven material products.
63GF Score
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