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Chengdu Sino Microelectronics Tech Co (SHSE:688709) 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.
Chengdu Sino Microelectronics Tech Co PS Ratio Related Terms
Chengdu Sino Microelectronics Tech 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.
Chengdu Sino Microelectronics Tech Co PS Ratio Chart
For the Electronic Components subindustry, Chengdu Sino Microelectronics Tech 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.
Chengdu Sino Microelectronics Tech Co PS Ratio vs Hardware Industry
Chengdu Sino Microelectronics Tech 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.
Chengdu Sino Microelectronics Tech Co's Share Price of today is ¥23.92. Chengdu Sino Microelectronics Tech Co's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.98.
* 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:
Chengdu Sino Microelectronics Tech Co (SHSE:688709) has a PS Ratio of 24.41 as of Sep. 08, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Chengdu Sino Microelectronics Tech Co and its competitors. This is 17% below median its historical median of 29.31. Over the past decade, Chengdu Sino Microelectronics Tech Co's PS Ratio has ranged from 10.37 to 44.06. According to the industry distribution chart, Chengdu Sino Microelectronics Tech Co ranks #2367 out of 2465 companies in the Hardware industry, placing it in the top 96%.
Is Chengdu Sino Microelectronics Tech Co's PS Ratio too high?
Chengdu Sino Microelectronics Tech Co's current PS Ratio of 24.41 is 17% below median its 10-year median of 29.31. Over the past 10 years, this metric has ranged from a low of 10.37 to a high of 44.06. The Hardware industry median PS Ratio is 1.84. Chengdu Sino Microelectronics Tech Co's value of 24.41 is 1226.6% above this industry median. Based on the distribution chart, Chengdu Sino Microelectronics Tech Co ranks #2367 out of 2465 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Chengdu Sino Microelectronics Tech Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chengdu Sino Microelectronics Tech Co's PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Chengdu Sino Microelectronics Tech Co ranks #2367 out of 2465 companies for PS Ratio. This places Chengdu Sino Microelectronics Tech Co in the lower half of its industry. The industry median PS Ratio is 1.84. Chengdu Sino Microelectronics Tech Co's value of 24.41 is 1226.6% above this benchmark. Historically, Chengdu Sino Microelectronics Tech Co's own PS Ratio has ranged from 10.37 to 44.06 over the past decade. While the company's 10-year median is 29.31 vs. the industry median of 1.84, Chengdu Sino Microelectronics Tech 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 Hardware company?
The median PS Ratio among Hardware companies is 1.84, based on 2,465 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. Chengdu Sino Microelectronics Tech Co's current PS Ratio of 24.41 is 1226.6% 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 Chengdu Sino Microelectronics Tech Co and its competitors. For the Hardware industry, the median PS Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Sino Microelectronics Tech Co's current PS Ratio is 24.41, which is 17% below median its own 10-year median of 29.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Sino Microelectronics Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Sino Microelectronics Tech Co (SHSE:688709) is currently considered Possible Value Trap. The stock's GF Value™ is ¥39.14, compared to a current price of ¥23.92 — trading 38.9% below its estimated fair value. The current PS Ratio is 24.41, which is 17% below median its 10-year median of 29.31 and 1226.6% above the Hardware industry median of 1.84. Chengdu Sino Microelectronics Tech Co's overall GF Score™ is 54/100 with 6 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 Chengdu Sino Microelectronics Tech Co (SHSE:688709), the current PS Ratio is 24.41 as of Sep. 08, 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 Chengdu Sino Microelectronics Tech Co (SHSE:688709) Overvalued in 2026?
Based on GuruFocus' analysis, Chengdu Sino Microelectronics Tech Co stock appears to be undervalued.
The current stock price of ¥23.92 is trading 38.9% below its estimated GF Value™ of ¥39.14.
GuruFocus considers Chengdu Sino Microelectronics Tech Co to be Possible Value Trap.
Key valuation signals for SHSE:688709:
PS Ratio: 24.41 (17% below median its 10-year median of 29.31)
GF Value™: ¥39.14 vs. price of ¥23.92 (38.9% below fair value)
Industry Position: 1226.6% above the Hardware median (#2367 of 2465)
No single metric tells the full story. See the SHSE:688709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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