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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, Shanghai Skychem Technology Co's share price is ¥98.78.
Shanghai Skychem Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥4.11. Hence, Shanghai Skychem Technology Co's PS Ratio for today is 24.05.
Good Sign:
Shanghai Skychem Technology Co Ltd stock PS Ratio (=20.39) is close to 1-year low of 18.41.
The historical rank and industry rank for Shanghai Skychem Technology Co's PS Ratio or its related term are showing as below:
SHSE:688603'
s PS Ratio Range Over the Past 10 Years
Min: 6.05 Med: 14.95 Max: 48.41
Current: 24.06
During the past 7 years, Shanghai Skychem Technology Co's highest PS Ratio was 48.41. The lowest was 6.05. And the median was 14.95.
SHSE:688603's PS Ratio is ranked worse than 97.52% of 1575
companies
in the Chemicals industry
Industry Median: 1.41
vs SHSE:688603: 24.06
Shanghai Skychem Technology Co (SHSE:688603) 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.
Shanghai Skychem Technology Co PS Ratio Related Terms
Shanghai Skychem Technology 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 Specialty Chemicals subindustry, Shanghai Skychem Technology 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.
Shanghai Skychem Technology Co PS Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shanghai Skychem Technology Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Skychem Technology Co's PS Ratio falls into.
Shanghai Skychem Technology 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.
Shanghai Skychem Technology Co's Share Price of today is ¥98.78. Shanghai Skychem Technology 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 ¥4.11.
* 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:
Shanghai Skychem Technology Co (SHSE:688603) has a PS Ratio of 24.05 as of Aug. 05, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Shanghai Skychem Technology Co and its competitors. This is 61% above median its historical median of 14.95. Over the past decade, Shanghai Skychem Technology Co's PS Ratio has ranged from 6.05 to 48.41. According to the industry distribution chart, Shanghai Skychem Technology Co ranks #1536 out of 1575 companies in the Chemicals industry, placing it in the top 97.5%.
Is Shanghai Skychem Technology Co's PS Ratio too high?
Shanghai Skychem Technology Co's current PS Ratio of 24.05 is 61% above median its 10-year median of 14.95. Over the past 10 years, this metric has ranged from a low of 6.05 to a high of 48.41. The Chemicals industry median PS Ratio is 1.41. Shanghai Skychem Technology Co's value of 24.05 is 1605.7% above this industry median. Based on the distribution chart, Shanghai Skychem Technology Co ranks #1536 out of 1575 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shanghai Skychem Technology Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Skychem Technology Co's PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shanghai Skychem Technology Co ranks #1536 out of 1575 companies for PS Ratio. This places Shanghai Skychem Technology Co in the lower half of its industry. The industry median PS Ratio is 1.41. Shanghai Skychem Technology Co's value of 24.05 is 1605.7% above this benchmark. Historically, Shanghai Skychem Technology Co's own PS Ratio has ranged from 6.05 to 48.41 over the past decade. While the company's 10-year median is 14.95 vs. the industry median of 1.41, Shanghai Skychem Technology 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 Chemicals company?
The median PS Ratio among Chemicals companies is 1.41, based on 1,575 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. Shanghai Skychem Technology Co's current PS Ratio of 24.05 is 1605.7% 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 Shanghai Skychem Technology Co and its competitors. For the Chemicals industry, the median PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Skychem Technology Co's current PS Ratio is 24.05, which is 61% above median its own 10-year median of 14.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Skychem Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Skychem Technology Co (SHSE:688603) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥57.18, compared to a current price of ¥98.78 — trading 72.8% above its estimated fair value. The current PS Ratio is 24.05, which is 61% above median its 10-year median of 14.95 and 1605.7% above the Chemicals industry median of 1.41. Shanghai Skychem Technology Co's overall GF Score™ is 73/100 with 3 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 Shanghai Skychem Technology Co (SHSE:688603), the current PS Ratio is 24.05 as of Aug. 05, 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 Shanghai Skychem Technology Co (SHSE:688603) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Skychem Technology Co stock appears to be overvalued.
The current stock price of ¥98.78 is trading 72.8% above its estimated GF Value™ of ¥57.18.
GuruFocus considers Shanghai Skychem Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688603:
PS Ratio: 24.05 (61% above median its 10-year median of 14.95)
GF Value™: ¥57.18 vs. price of ¥98.78 (72.8% above fair value)
Industry Position: 1605.7% above the Chemicals median (#1536 of 1575)
No single metric tells the full story. See the SHSE:688603 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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