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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, Zhejiang Mustang Battery Co's share price is ¥13.73.
Zhejiang Mustang Battery Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥5.28. Hence, Zhejiang Mustang Battery Co's PS Ratio for today is 2.60.
Good Sign:
Zhejiang Mustang Battery Co Ltd stock PS Ratio (=2.36) is close to 1-year low of 2.36.
The historical rank and industry rank for Zhejiang Mustang Battery Co's PS Ratio or its related term are showing as below:
SHSE:605378'
s PS Ratio Range Over the Past 10 Years
Min: 1.61 Med: 2.77 Max: 4.34
Current: 2.61
During the past 10 years, Zhejiang Mustang Battery Co's highest PS Ratio was 4.34. The lowest was 1.61. And the median was 2.77.
SHSE:605378's PS Ratio is ranked worse than 61.21% of 3024
companies
in the Industrial Products industry
Industry Median: 1.88
vs SHSE:605378: 2.61
During the past 10 years, Zhejiang Mustang Battery Co's highest 3-Year average Revenue per Share Growth Rate was 16.90% per year. The lowest was -8.20% per year. And the median was -0.40% per year.
Back to Basics: PS Ratio
Zhejiang Mustang Battery Co (SHSE:605378) 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.
Zhejiang Mustang Battery Co PS Ratio Related Terms
Zhejiang Mustang Battery 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 Electrical Equipment & Parts subindustry, Zhejiang Mustang Battery 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.
Zhejiang Mustang Battery Co PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Mustang Battery Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Mustang Battery 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.
Zhejiang Mustang Battery Co's Share Price of today is ¥13.73. Zhejiang Mustang Battery 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 ¥5.28.
* 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:
Zhejiang Mustang Battery Co (SHSE:605378) has a PS Ratio of 2.60 as of Jul. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Zhejiang Mustang Battery Co and its competitors. This is near median its historical median of 2.77. Over the past decade, Zhejiang Mustang Battery Co's PS Ratio has ranged from 1.61 to 4.34. According to the industry distribution chart, Zhejiang Mustang Battery Co ranks #1851 out of 3024 companies in the Industrial Products industry, placing it in the top 61.2%.
Is Zhejiang Mustang Battery Co's PS Ratio too high?
Zhejiang Mustang Battery Co's current PS Ratio of 2.60 is near median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 4.34. The Industrial Products industry median PS Ratio is 1.88. Zhejiang Mustang Battery Co's value of 2.60 is 38.3% above this industry median. Based on the distribution chart, Zhejiang Mustang Battery Co ranks #1851 out of 3024 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Mustang Battery Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Mustang Battery Co's PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zhejiang Mustang Battery Co ranks #1851 out of 3024 companies for PS Ratio. This places Zhejiang Mustang Battery Co in the lower half of its industry. The industry median PS Ratio is 1.88. Zhejiang Mustang Battery Co's value of 2.60 is 38.3% above this benchmark. Historically, Zhejiang Mustang Battery Co's own PS Ratio has ranged from 1.61 to 4.34 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 1.88, Zhejiang Mustang Battery 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 1.88, based on 3,024 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. Zhejiang Mustang Battery Co's current PS Ratio of 2.60 is 38.3% 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 Zhejiang Mustang Battery Co and its competitors. For the Industrial Products industry, the median PS Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Mustang Battery Co's current PS Ratio is 2.60, which is near median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Mustang Battery Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Mustang Battery Co (SHSE:605378) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.47, compared to a current price of ¥13.73 — trading 5.1% below its estimated fair value. The current PS Ratio is 2.60, which is near median its 10-year median of 2.77 and 38.3% above the Industrial Products industry median of 1.88. Zhejiang Mustang Battery Co's overall GF Score™ is 81/100 with 8 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 Zhejiang Mustang Battery Co (SHSE:605378), the current PS Ratio is 2.60 as of Jul. 30, 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 Zhejiang Mustang Battery Co (SHSE:605378) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Mustang Battery Co stock appears to be undervalued.
The current stock price of ¥13.73 is trading 5.1% below its estimated GF Value™ of ¥14.47.
GuruFocus considers Zhejiang Mustang Battery Co to be Fairly Valued.
Key valuation signals for SHSE:605378:
PS Ratio: 2.60 (near median its 10-year median of 2.77)
GF Value™: ¥14.47 vs. price of ¥13.73 (5.1% below fair value)
Industry Position: 38.3% above the Industrial Products median (#1851 of 3024)
No single metric tells the full story. See the SHSE:605378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Mustang Battery Co Ltd is engaged in the research and development, production and sales of high-performance, environmentally friendly zinc-manganese batteries.
81GF Score
Get the complete analysis for SHSE:605378
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