Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hefei Jianghang Aircraft Equipment Co (SHSE:688586) 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.
Hefei Jianghang Aircraft Equipment Co PS Ratio Related Terms
Hefei Jianghang Aircraft Equipment 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.
Hefei Jianghang Aircraft Equipment Co PS Ratio Chart
For the Aerospace & Defense subindustry, Hefei Jianghang Aircraft Equipment 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.
Hefei Jianghang Aircraft Equipment Co PS Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Hefei Jianghang Aircraft Equipment Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Hefei Jianghang Aircraft Equipment Co's PS Ratio falls into.
Hefei Jianghang Aircraft Equipment 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.
Hefei Jianghang Aircraft Equipment Co's Share Price of today is ¥9.86. Hefei Jianghang Aircraft Equipment 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 ¥1.23.
* 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:
Hefei Jianghang Aircraft Equipment Co (SHSE:688586) has a PS Ratio of 8.04 as of Jul. 26, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hefei Jianghang Aircraft Equipment Co and its competitors. This is near median its historical median of 7.66. Over the past decade, Hefei Jianghang Aircraft Equipment Co's PS Ratio has ranged from 4.52 to 19.95. According to the industry distribution chart, Hefei Jianghang Aircraft Equipment Co ranks #255 out of 349 companies in the Aerospace & Defense industry, placing it in the top 73.1%.
Is Hefei Jianghang Aircraft Equipment Co's PS Ratio too high?
Hefei Jianghang Aircraft Equipment Co's current PS Ratio of 8.04 is near median its 10-year median of 7.66. Over the past 10 years, this metric has ranged from a low of 4.52 to a high of 19.95. The Aerospace & Defense industry median PS Ratio is 3.67. Hefei Jianghang Aircraft Equipment Co's value of 8.04 is 119.1% above this industry median. Based on the distribution chart, Hefei Jianghang Aircraft Equipment Co ranks #255 out of 349 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Hefei Jianghang Aircraft Equipment Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hefei Jianghang Aircraft Equipment Co's PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Hefei Jianghang Aircraft Equipment Co ranks #255 out of 349 companies for PS Ratio. This places Hefei Jianghang Aircraft Equipment Co in the lower half of its industry. The industry median PS Ratio is 3.67. Hefei Jianghang Aircraft Equipment Co's value of 8.04 is 119.1% above this benchmark. Historically, Hefei Jianghang Aircraft Equipment Co's own PS Ratio has ranged from 4.52 to 19.95 over the past decade. While the company's 10-year median is 7.66 vs. the industry median of 3.67, Hefei Jianghang Aircraft Equipment 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 Aerospace & Defense company?
The median PS Ratio among Aerospace & Defense companies is 3.67, based on 349 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. Hefei Jianghang Aircraft Equipment Co's current PS Ratio of 8.04 is 119.1% 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 Hefei Jianghang Aircraft Equipment Co and its competitors. For the Aerospace & Defense industry, the median PS Ratio is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hefei Jianghang Aircraft Equipment Co's current PS Ratio is 8.04, which is near median its own 10-year median of 7.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Jianghang Aircraft Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei Jianghang Aircraft Equipment Co (SHSE:688586) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.93, compared to a current price of ¥9.86 — trading 0.7% below its estimated fair value. The current PS Ratio is 8.04, which is near median its 10-year median of 7.66 and 119.1% above the Aerospace & Defense industry median of 3.67. Hefei Jianghang Aircraft Equipment Co's overall GF Score™ is 74/100 with 9 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 Hefei Jianghang Aircraft Equipment Co (SHSE:688586), the current PS Ratio is 8.04 as of Jul. 26, 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 Hefei Jianghang Aircraft Equipment Co (SHSE:688586) Overvalued in 2026?
Based on GuruFocus' analysis, Hefei Jianghang Aircraft Equipment Co stock appears to be undervalued.
The current stock price of ¥9.86 is trading 0.7% below its estimated GF Value™ of ¥9.93.
GuruFocus considers Hefei Jianghang Aircraft Equipment Co to be Fairly Valued.
Key valuation signals for SHSE:688586:
PS Ratio: 8.04 (near median its 10-year median of 7.66)
GF Value™: ¥9.93 vs. price of ¥9.86 (0.7% below fair value)
Industry Position: 119.1% above the Aerospace & Defense median (#255 of 349)
No single metric tells the full story. See the SHSE:688586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hefei Jianghang Aircraft Equipment Co Business Description
Hefei Jianghang Aircraft Equipment Co Ltd is engaged in production of aviation equipments and special refrigeration. The company produces aviation oxygen system, air service oxygen system, aircraft cabin equipment facilities, emergency oxygen supply device, engine oxygen supplement system, inert protection system, aviation fuel tank system, landing gear, aerospace environmental control life support equipment, aerospace individual protective device, ground oxygen protection device, plug-in pod, aviation ground equipment, non-standard testing equipment, non-standard training equipment, oxygen generator, sensitive element, sensor, refrigeration equipment, civil oxygen generator, medical oxygen generator, air purifier, and water purification.
74GF Score
Get the complete analysis for SHSE:688586
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688586 has been successfully added to your 
