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Hoymiles Power ElectronicsSHSE:688032 -1.50%80 PS Ratio is 3.50 as of Jul. 28, 2026, which is 62% below its 10-year median of 9.31. GuruFocus rates SHSE:688032 with a GF Score™ of 80/100 and a GF Value™ of ¥202.10 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 3,026 Industrial Products companies, Hoymiles Power Electronics ranks worse than 69.33% 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, Hoymiles Power Electronics's share price is ¥74.45.
Hoymiles Power Electronics's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥21.29. Hence, Hoymiles Power Electronics's PS Ratio for today is 3.50.
Good Sign:
Hoymiles Power Electronics Inc stock PS Ratio (=3.48) is close to 5-year low of 3.48.
The historical rank and industry rank for Hoymiles Power Electronics's PS Ratio or its related term are showing as below:
SHSE:688032'
s PS Ratio Range Over the Past 10 Years
Min: 3.48 Med: 9.31 Max: 54.6
Current: 3.49
During the past 9 years, Hoymiles Power Electronics's highest PS Ratio was 54.60. The lowest was 3.48. And the median was 9.31.
SHSE:688032's PS Ratio is ranked worse than 69.33% of 3026
companies
in the Industrial Products industry
Industry Median: 1.92
vs SHSE:688032: 3.49
During the past 9 years, Hoymiles Power Electronics's highest 3-Year average Revenue per Share Growth Rate was 45.50% per year. The lowest was 8.30% per year. And the median was 35.90% per year.
Back to Basics: PS Ratio
Hoymiles Power Electronics (SHSE:688032) 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.
Hoymiles Power Electronics PS Ratio Related Terms
Hoymiles Power Electronics 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, Hoymiles Power Electronics'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.
Hoymiles Power Electronics PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hoymiles Power Electronics's PS Ratio distribution charts can be found below:
* The bar in red indicates where Hoymiles Power Electronics'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.
Hoymiles Power Electronics's Share Price of today is ¥74.45. Hoymiles Power Electronics'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 ¥21.29.
* 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:
Hoymiles Power Electronics (SHSE:688032) has a PS Ratio of 3.50 as of Jul. 28, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hoymiles Power Electronics and its competitors. This is 62% below median its historical median of 9.31. Over the past decade, Hoymiles Power Electronics' PS Ratio has ranged from 3.48 to 54.60. According to the industry distribution chart, Hoymiles Power Electronics ranks #2098 out of 3026 companies in the Industrial Products industry, placing it in the top 69.3%.
Is Hoymiles Power Electronics' PS Ratio too high?
Hoymiles Power Electronics' current PS Ratio of 3.50 is 62% below median its 10-year median of 9.31. Over the past 10 years, this metric has ranged from a low of 3.48 to a high of 54.60. The Industrial Products industry median PS Ratio is 1.92. Hoymiles Power Electronics' value of 3.50 is 82.3% above this industry median. Based on the distribution chart, Hoymiles Power Electronics ranks #2098 out of 3026 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hoymiles Power Electronics has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoymiles Power Electronics' PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hoymiles Power Electronics ranks #2098 out of 3026 companies for PS Ratio. This places Hoymiles Power Electronics in the lower half of its industry. The industry median PS Ratio is 1.92. Hoymiles Power Electronics' value of 3.50 is 82.3% above this benchmark. Historically, Hoymiles Power Electronics' own PS Ratio has ranged from 3.48 to 54.60 over the past decade. While the company's 10-year median is 9.31 vs. the industry median of 1.92, Hoymiles Power Electronics 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 1.92, based on 3,026 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. Hoymiles Power Electronics's current PS Ratio of 3.50 is 82.3% 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 Hoymiles Power Electronics and its competitors. For the Industrial Products industry, the median PS Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoymiles Power Electronics's current PS Ratio is 3.50, which is 62% below median its own 10-year median of 9.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoymiles Power Electronics stock overvalued right now?
Based on GuruFocus' analysis, Hoymiles Power Electronics (SHSE:688032) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥202.10, compared to a current price of ¥74.45 — trading 63.2% below its estimated fair value. The current PS Ratio is 3.50, which is 62% below median its 10-year median of 9.31 and 82.3% above the Industrial Products industry median of 1.92. Hoymiles Power Electronics' overall GF Score™ is 80/100 with 5 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 Hoymiles Power Electronics (SHSE:688032), the current PS Ratio is 3.50 as of Jul. 28, 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 Hoymiles Power Electronics (SHSE:688032) Overvalued in 2026?
Based on GuruFocus' analysis, Hoymiles Power Electronics stock appears to be undervalued.
The current stock price of ¥74.45 is trading 63.2% below its estimated GF Value™ of ¥202.10.
GuruFocus considers Hoymiles Power Electronics to be Significantly Undervalued.
Key valuation signals for SHSE:688032:
PS Ratio: 3.50 (62% below median its 10-year median of 9.31)
GF Value™: ¥202.10 vs. price of ¥74.45 (63.2% below fair value)
Industry Position: 82.3% above the Industrial Products median (#2098 of 3026)
No single metric tells the full story. See the SHSE:688032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoymiles Power Electronics Inc is engaged in the research and development, manufacturing, and sales of photovoltaic inverters and other power conversion equipment and electrical complete sets of equipment and related products.
80GF Score
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