Suzhou Veichi Electric Co (SHSE:688698) PS Ratio: 4.75 (As of Jul. 21, 2026) — Near Median

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SHSE:688698 Suzhou Veichi Electric Co Ltd SHSE:688698
94 GF Score
Price ¥45.43
GF Value ¥60.15
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Suzhou Veichi Electric Co PS Ratio?

Suzhou Veichi Electric Co SHSE:688698 +2.32% 94 PS Ratio is 4.75 as of Jul. 21, 2026, which is 4% below its 10-year median of 4.94. GuruFocus rates SHSE:688698 with a GF Score™ of 94/100 and a GF Value™ of ¥60.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,021 Industrial Products companies, Suzhou Veichi Electric Co ranks worse than 78.81% 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, Suzhou Veichi Electric Co's share price is ¥45.43. Suzhou Veichi Electric Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥9.57. Hence, Suzhou Veichi Electric Co's PS Ratio for today is 4.75.

Good Sign:

Suzhou Veichi Electric Co Ltd stock PS Ratio (=4.75) is close to 1-year low of 4.64.

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

SHSE:688698' s PS Ratio Range Over the Past 10 Years
Min: 2.85   Med: 4.94   Max: 12.09
Current: 4.75

During the past 9 years, Suzhou Veichi Electric Co's highest PS Ratio was 12.09. The lowest was 2.85. And the median was 4.94.

SHSE:688698's PS Ratio is ranked worse than
78.81% of 3021 companies
in the Industrial Products industry
Industry Median: 1.91 vs SHSE:688698: 4.75

Suzhou Veichi Electric Co's Revenue per Sharefor the three months ended in Mar. 2026 was ¥2.23. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥9.57.

During the past 12 months, the average Revenue per Share Growth Rate of Suzhou Veichi Electric Co was 19.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 22.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 18.00% per year.

During the past 9 years, Suzhou Veichi Electric Co's highest 3-Year average Revenue per Share Growth Rate was 22.10% per year. The lowest was 14.90% per year. And the median was 19.75% per year.

Back to Basics: PS Ratio


Suzhou Veichi Electric Co  (SHSE:688698) 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.


Suzhou Veichi Electric Co PS Ratio Related Terms


Suzhou Veichi Electric Co PS Ratio Historical Data

* Premium members only.

The historical data trend for Suzhou Veichi Electric 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.

Suzhou Veichi Electric Co PS Ratio Chart

Suzhou Veichi Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only 5.93 4.10 5.26 5.67 10.77

Suzhou Veichi Electric 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 6.69 5.65 11.05 10.77 6.97

SHSE:688698 vs GEV, ETN, PH: PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Suzhou Veichi Electric 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.


Suzhou Veichi Electric Co PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Veichi Electric Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Suzhou Veichi Electric Co's PS Ratio falls into.


SHSE:688698
94GF Score
Suzhou Veichi Electric Co Ltd SHSE:688698
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou Veichi Electric 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.

Suzhou Veichi Electric Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=45.43/9.569
=4.75

Suzhou Veichi Electric Co's Share Price of today is ¥45.43.
Suzhou Veichi Electric 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 ¥9.57.

* 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 4.75 mean?
Suzhou Veichi Electric Co (SHSE:688698) has a PS Ratio of 4.75 as of Jul. 21, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Suzhou Veichi Electric Co and its competitors. This is near median its historical median of 4.94. Over the past decade, Suzhou Veichi Electric Co's PS Ratio has ranged from 2.85 to 12.09. According to the industry distribution chart, Suzhou Veichi Electric Co ranks #2381 out of 3021 companies in the Industrial Products industry, placing it in the top 78.8%.
Is Suzhou Veichi Electric Co's PS Ratio too high?
Suzhou Veichi Electric Co's current PS Ratio of 4.75 is near median its 10-year median of 4.94. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 12.09. The Industrial Products industry median PS Ratio is 1.91. Suzhou Veichi Electric Co's value of 4.75 is 148.7% above this industry median. Based on the distribution chart, Suzhou Veichi Electric Co ranks #2381 out of 3021 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Suzhou Veichi Electric Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Veichi Electric Co's PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Suzhou Veichi Electric Co ranks #2381 out of 3021 companies for PS Ratio. This places Suzhou Veichi Electric Co in the lower half of its industry. The industry median PS Ratio is 1.91. Suzhou Veichi Electric Co's value of 4.75 is 148.7% above this benchmark. Historically, Suzhou Veichi Electric Co's own PS Ratio has ranged from 2.85 to 12.09 over the past decade. While the company's 10-year median is 4.94 vs. the industry median of 1.91, Suzhou Veichi Electric 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 1.91, based on 3,021 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. Suzhou Veichi Electric Co's current PS Ratio of 4.75 is 148.7% 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 Suzhou Veichi Electric Co and its competitors. For the Industrial Products industry, the median PS Ratio is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Veichi Electric Co's current PS Ratio is 4.75, which is near median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Veichi Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Veichi Electric Co (SHSE:688698) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥60.15, compared to a current price of ¥45.43 — trading 24.5% below its estimated fair value. The current PS Ratio is 4.75, which is near median its 10-year median of 4.94 and 148.7% above the Industrial Products industry median of 1.91. Suzhou Veichi Electric Co's overall GF Score™ is 94/100 with 4 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 Suzhou Veichi Electric Co (SHSE:688698), the current PS Ratio is 4.75 as of Jul. 21, 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 Suzhou Veichi Electric Co (SHSE:688698) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Veichi Electric Co stock appears to be undervalued. The current stock price of ¥45.43 is trading 24.5% below its estimated GF Value™ of ¥60.15. GuruFocus considers Suzhou Veichi Electric Co to be Modestly Undervalued.

Key valuation signals for SHSE:688698:

  • PS Ratio: 4.75 (near median its 10-year median of 4.94)
  • GF Value™: ¥60.15 vs. price of ¥45.43 (24.5% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 148.7% above the Industrial Products median (#2381 of 3021)

No single metric tells the full story. See the SHSE:688698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou Veichi Electric Co Business Description

Address No. 1000, Songjia Road, Guoxiang Street, Wuzhong Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215000
Suzhou Veichi Electric Co Ltd is engaged in the development, manufacturing and marketing of industrial automation control products. The products include Frequency Inverter, Servo System, Solar Pump Inverter, Automation Equipment and more, mainly serving smart factories, intelligent equipment's, robots, new energy and other applications.
94GF Score

Get the complete analysis for SHSE:688698

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

¥45.43
Price
¥60.15
GF Value