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Neway Valve (Suzhou) CoSHSE:603699 +0.62%90 PS Ratio is 5.05 as of Aug. 16, 2026, which is 62% above its 10-year median of 3.12. GuruFocus rates SHSE:603699 with a GF Score™ of 90/100 and a GF Value™ of ¥32.37 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 3,020 Industrial Products companies, Neway Valve (Suzhou) Co ranks worse than 78.28% 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, Neway Valve (Suzhou) Co's share price is ¥53.33.
Neway Valve (Suzhou) Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥10.56. Hence, Neway Valve (Suzhou) Co's PS Ratio for today is 5.05.
The historical rank and industry rank for Neway Valve (Suzhou) Co's PS Ratio or its related term are showing as below:
SHSE:603699'
s PS Ratio Range Over the Past 10 Years
Min: 1.39 Med: 3.12 Max: 7.2
Current: 5.05
During the past 13 years, Neway Valve (Suzhou) Co's highest PS Ratio was 7.20. The lowest was 1.39. And the median was 3.12.
SHSE:603699's PS Ratio is ranked worse than 78.28% of 3020
companies
in the Industrial Products industry
Industry Median: 2.06
vs SHSE:603699: 5.05
Neway Valve (Suzhou) Co Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Neway Valve (Suzhou) Co was 25.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 23.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 16.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 13.80% per year.
During the past 13 years, Neway Valve (Suzhou) Co's highest 3-Year average Revenue per Share Growth Rate was 30.60% per year. The lowest was -8.20% per year. And the median was 12.70% per year.
Neway Valve (Suzhou) Co (SHSE:603699) 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.
* 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 Specialty Industrial Machinery subindustry, Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Neway Valve (Suzhou) Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co's Share Price of today is ¥53.33. Neway Valve (Suzhou) 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 ¥10.56.
* 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:
Neway Valve (Suzhou) Co (SHSE:603699) has a PS Ratio of 5.05 as of Aug. 16, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Neway Valve (Suzhou) Co and its competitors. This is 62% above median its historical median of 3.12. Over the past decade, Neway Valve (Suzhou) Co's PS Ratio has ranged from 1.39 to 7.20. According to the industry distribution chart, Neway Valve (Suzhou) Co ranks #2364 out of 3020 companies in the Industrial Products industry, placing it in the top 78.3%.
Is Neway Valve (Suzhou) Co's PS Ratio too high?
Neway Valve (Suzhou) Co's current PS Ratio of 5.05 is 62% above median its 10-year median of 3.12. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 7.20. The Industrial Products industry median PS Ratio is 2.06. Neway Valve (Suzhou) Co's value of 5.05 is 145.1% above this industry median. Based on the distribution chart, Neway Valve (Suzhou) Co ranks #2364 out of 3020 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Neway Valve (Suzhou) Co has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neway Valve (Suzhou) Co's PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Neway Valve (Suzhou) Co ranks #2364 out of 3020 companies for PS Ratio. This places Neway Valve (Suzhou) Co in the lower half of its industry. The industry median PS Ratio is 2.06. Neway Valve (Suzhou) Co's value of 5.05 is 145.1% above this benchmark. Historically, Neway Valve (Suzhou) Co's own PS Ratio has ranged from 1.39 to 7.20 over the past decade. While the company's 10-year median is 3.12 vs. the industry median of 2.06, Neway Valve (Suzhou) 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 an Industrial Products company?
The median PS Ratio among Industrial Products companies is 2.06, based on 3,020 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. Neway Valve (Suzhou) Co's current PS Ratio of 5.05 is 145.1% 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 Neway Valve (Suzhou) Co and its competitors. For the Industrial Products industry, the median PS Ratio is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neway Valve (Suzhou) Co's current PS Ratio is 5.05, which is 62% above median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway Valve (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co (SHSE:603699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥32.37, compared to a current price of ¥53.33 — trading 64.8% above its estimated fair value. The current PS Ratio is 5.05, which is 62% above median its 10-year median of 3.12 and 145.1% above the Industrial Products industry median of 2.06. Neway Valve (Suzhou) Co's overall GF Score™ is 90/100 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 Neway Valve (Suzhou) Co (SHSE:603699), the current PS Ratio is 5.05 as of Aug. 16, 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 Neway Valve (Suzhou) Co (SHSE:603699) Overvalued in 2026?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co stock appears to be overvalued.
The current stock price of ¥53.33 is trading 64.8% above its estimated GF Value™ of ¥32.37.
GuruFocus considers Neway Valve (Suzhou) Co to be Significantly Overvalued.
Key valuation signals for SHSE:603699:
PS Ratio: 5.05 (62% above median its 10-year median of 3.12)
GF Value™: ¥32.37 vs. price of ¥53.33 (64.8% above fair value)
Industry Position: 145.1% above the Industrial Products median (#2364 of 3020)
No single metric tells the full story. See the SHSE:603699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
90GF Score
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