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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, Beijing Hanjian Heshan Pipeline Co's share price is ¥5.40.
Beijing Hanjian Heshan Pipeline Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2.12. Hence, Beijing Hanjian Heshan Pipeline Co's PS Ratio for today is 2.55.
During the past 13 years, Beijing Hanjian Heshan Pipeline Co's highest 3-Year average Revenue per Share Growth Rate was 36.40% per year. The lowest was -25.10% per year. And the median was -0.05% per year.
Beijing Hanjian Heshan Pipeline Co (SHSE:603616) 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.
Beijing Hanjian Heshan Pipeline Co PS Ratio Related Terms
Beijing Hanjian Heshan Pipeline 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 Steel subindustry, Beijing Hanjian Heshan Pipeline 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.
Beijing Hanjian Heshan Pipeline Co PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Beijing Hanjian Heshan Pipeline Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Beijing Hanjian Heshan Pipeline Co's PS Ratio falls into.
Beijing Hanjian Heshan Pipeline 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.
Beijing Hanjian Heshan Pipeline Co's Share Price of today is ¥5.40. Beijing Hanjian Heshan Pipeline 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 ¥2.12.
* 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:
Beijing Hanjian Heshan Pipeline Co (SHSE:603616) has a PS Ratio of 2.55 as of Aug. 14, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Beijing Hanjian Heshan Pipeline Co and its competitors. This is near median its historical median of 2.66. Over the past decade, Beijing Hanjian Heshan Pipeline Co's PS Ratio has ranged from 1.12 to 11.03. According to the industry distribution chart, Beijing Hanjian Heshan Pipeline Co ranks #538 out of 611 companies in the Steel industry, placing it in the top 88.1%.
Is Beijing Hanjian Heshan Pipeline Co's PS Ratio too high?
Beijing Hanjian Heshan Pipeline Co's current PS Ratio of 2.55 is near median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 11.03. The Steel industry median PS Ratio is 0.60. Beijing Hanjian Heshan Pipeline Co's value of 2.55 is 325% above this industry median. Based on the distribution chart, Beijing Hanjian Heshan Pipeline Co ranks #538 out of 611 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Beijing Hanjian Heshan Pipeline Co has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Beijing Hanjian Heshan Pipeline Co's PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Beijing Hanjian Heshan Pipeline Co ranks #538 out of 611 companies for PS Ratio. This places Beijing Hanjian Heshan Pipeline Co in the lower half of its industry. The industry median PS Ratio is 0.60. Beijing Hanjian Heshan Pipeline Co's value of 2.55 is 325% above this benchmark. Historically, Beijing Hanjian Heshan Pipeline Co's own PS Ratio has ranged from 1.12 to 11.03 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 0.60, Beijing Hanjian Heshan Pipeline 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 Steel company?
The median PS Ratio among Steel companies is 0.60, based on 611 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. Beijing Hanjian Heshan Pipeline Co's current PS Ratio of 2.55 is 325% 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 Beijing Hanjian Heshan Pipeline Co and its competitors. For the Steel industry, the median PS Ratio is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Hanjian Heshan Pipeline Co's current PS Ratio is 2.55, which is near median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Hanjian Heshan Pipeline Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Hanjian Heshan Pipeline Co (SHSE:603616) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.60, compared to a current price of ¥5.40 — trading 3.6% below its estimated fair value. The current PS Ratio is 2.55, which is near median its 10-year median of 2.66 and 325% above the Steel industry median of 0.60. Beijing Hanjian Heshan Pipeline Co's overall GF Score™ is 54/100 with 6 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 Beijing Hanjian Heshan Pipeline Co (SHSE:603616), the current PS Ratio is 2.55 as of Aug. 14, 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 Beijing Hanjian Heshan Pipeline Co (SHSE:603616) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Hanjian Heshan Pipeline Co stock appears to be undervalued.
The current stock price of ¥5.40 is trading 3.6% below its estimated GF Value™ of ¥5.60.
GuruFocus considers Beijing Hanjian Heshan Pipeline Co to be Fairly Valued.
Key valuation signals for SHSE:603616:
PS Ratio: 2.55 (near median its 10-year median of 2.66)
GF Value™: ¥5.60 vs. price of ¥5.40 (3.6% below fair value)
Industry Position: 325% above the Steel median (#538 of 611)
No single metric tells the full story. See the SHSE:603616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Hanjian Heshan Pipeline Co Ltd is engaged in the production of pre-stressed steel cylinder concrete pipe (PCCP), pressure steel pipe and pressure steel pipe, drainage pipe, commercial concrete. The company's main products are PCCP of DN600-DN4000, full range of concrete drainage pipes (RCP) of DN300-DN3000, concrete of various strength grades and special concrete.
54GF Score
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