Toly Bread Co (SHSE:603866) PS Ratio: 1.28 (As of Aug. 02, 2026) — 71% Below Median

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SHSE:603866 Toly Bread Co Ltd SHSE:603866
69 GF Score
Price ¥4.33
GF Value ¥5.35
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Toly Bread Co PS Ratio?

Toly Bread Co SHSE:603866 -0.46% 69 PS Ratio is 1.28 as of Aug. 02, 2026, which is 71% below its 10-year median of 4.40. GuruFocus rates SHSE:603866 with a GF Score™ of 69/100 and a GF Value™ of ¥5.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 310 Retail - Defensive companies, Toly Bread Co ranks worse than 79.03% 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, Toly Bread Co's share price is ¥4.33. Toly Bread Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥3.39. Hence, Toly Bread Co's PS Ratio for today is 1.28.

The historical rank and industry rank for Toly Bread Co's PS Ratio or its related term are showing as below:

SHSE:603866' s PS Ratio Range Over the Past 10 Years
Min: 1.09   Med: 4.4   Max: 7.39
Current: 1.28

During the past 13 years, Toly Bread Co's highest PS Ratio was 7.39. The lowest was 1.09. And the median was 4.40.

SHSE:603866's PS Ratio is ranked worse than
79.03% of 310 companies
in the Retail - Defensive industry
Industry Median: 0.49 vs SHSE:603866: 1.28

Toly Bread Co's Revenue per Sharefor the three months ended in Mar. 2026 was ¥0.73. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥3.39.

Warning Sign:

Toly Bread Co Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Toly Bread Co was -8.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was -2.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.50% per year.

During the past 13 years, Toly Bread Co's highest 3-Year average Revenue per Share Growth Rate was 21.50% per year. The lowest was -14.10% per year. And the median was 9.95% per year.

Back to Basics: PS Ratio


Toly Bread Co  (SHSE:603866) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Toly Bread Co PS Ratio Related Terms


Toly Bread Co PS Ratio Historical Data

* Premium members only.

The historical data trend for Toly Bread Co's PS Ratio can be seen below:

* 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.

Toly Bread Co PS Ratio Chart

Toly Bread Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.27 3.07 1.81 1.73 1.54

Toly Bread Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.55 1.52 1.57 1.54 1.49

SHSE:603866 vs KR: PS Ratio Comparison

For the Grocery Stores subindustry, Toly Bread 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.


Toly Bread Co PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Toly Bread Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Toly Bread Co's PS Ratio falls into.


SHSE:603866
69GF Score
Toly Bread Co Ltd SHSE:603866
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toly Bread 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.

Toly Bread Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=4.33/3.385
=1.28

Toly Bread Co's Share Price of today is ¥4.33.
Toly Bread 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 ¥3.39.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 1.28 mean?
Toly Bread Co (SHSE:603866) has a PS Ratio of 1.28 as of Aug. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Toly Bread Co and its competitors. This is 71% below median its historical median of 4.40. Over the past decade, Toly Bread Co's PS Ratio has ranged from 1.09 to 7.39. According to the industry distribution chart, Toly Bread Co ranks #245 out of 310 companies in the Retail - Defensive industry, placing it in the top 79%.
Is Toly Bread Co's PS Ratio too high?
Toly Bread Co's current PS Ratio of 1.28 is 71% below median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 7.39. The Retail - Defensive industry median PS Ratio is 0.49. Toly Bread Co's value of 1.28 is 161.2% above this industry median. Based on the distribution chart, Toly Bread Co ranks #245 out of 310 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Toly Bread Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toly Bread Co's PS Ratio compare to KR?
According to the Retail - Defensive industry distribution chart, Toly Bread Co ranks #245 out of 310 companies for PS Ratio. This places Toly Bread Co in the lower half of its industry. The industry median PS Ratio is 0.49. Toly Bread Co's value of 1.28 is 161.2% above this benchmark. Historically, Toly Bread Co's own PS Ratio has ranged from 1.09 to 7.39 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 0.49, Toly Bread 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 Retail - Defensive company?
The median PS Ratio among Retail - Defensive companies is 0.49, based on 310 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. Toly Bread Co's current PS Ratio of 1.28 is 161.2% 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 Toly Bread Co and its competitors. For the Retail - Defensive industry, the median PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toly Bread Co's current PS Ratio is 1.28, which is 71% below median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toly Bread Co stock overvalued right now?
Based on GuruFocus' analysis, Toly Bread Co (SHSE:603866) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.35, compared to a current price of ¥4.33 — trading 19.1% below its estimated fair value. The current PS Ratio is 1.28, which is 71% below median its 10-year median of 4.40 and 161.2% above the Retail - Defensive industry median of 0.49. Toly Bread Co's overall GF Score™ is 69/100 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 Toly Bread Co (SHSE:603866), the current PS Ratio is 1.28 as of Aug. 02, 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 Toly Bread Co (SHSE:603866) Overvalued in 2026?

Based on GuruFocus' analysis, Toly Bread Co stock appears to be undervalued. The current stock price of ¥4.33 is trading 19.1% below its estimated GF Value™ of ¥5.35. GuruFocus considers Toly Bread Co to be Modestly Undervalued.

Key valuation signals for SHSE:603866:

  • PS Ratio: 1.28 (71% below median its 10-year median of 4.40)
  • GF Value™: ¥5.35 vs. price of ¥4.33 (19.1% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 161.2% above the Retail - Defensive median (#245 of 310)

No single metric tells the full story. See the SHSE:603866 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toly Bread Co Business Description

Address No. 176, Clove Street, Liaoning Province, Sujiatun District, Shenyang, CHN
Toly Bread Co Ltd is a China-based company engaged in the production, processing, and sale of baked goods such as bread, cakes, moon cakes, and dumplings. Its products portfolio includes peach and plum, peach bread and peach moon cake.
69GF Score

Get the complete analysis for SHSE:603866

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥4.33
Price
¥5.35
GF Value