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XTC New Energy Materials (Xiamen) Co (SHSE:688778) 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.
XTC New Energy Materials (Xiamen) Co PS Ratio Related Terms
XTC New Energy Materials (Xiamen) 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.
XTC New Energy Materials (Xiamen) Co PS Ratio Chart
For the Electrical Equipment & Parts subindustry, XTC New Energy Materials (Xiamen) 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.
XTC New Energy Materials (Xiamen) Co PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, XTC New Energy Materials (Xiamen) Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where XTC New Energy Materials (Xiamen) Co's PS Ratio falls into.
XTC New Energy Materials (Xiamen) 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.
XTC New Energy Materials (Xiamen) Co's Share Price of today is ¥43.80. XTC New Energy Materials (Xiamen) 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 ¥46.80.
* 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:
XTC New Energy Materials (Xiamen) Co (SHSE:688778) has a PS Ratio of 0.94 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 XTC New Energy Materials (Xiamen) Co and its competitors. This is 19% below median its historical median of 1.16. Over the past decade, XTC New Energy Materials (Xiamen) Co's PS Ratio has ranged from 0.64 to 2.95. According to the industry distribution chart, XTC New Energy Materials (Xiamen) Co ranks #836 out of 3026 companies in the Industrial Products industry, placing it in the top 27.6%.
Is XTC New Energy Materials (Xiamen) Co's PS Ratio too high?
XTC New Energy Materials (Xiamen) Co's current PS Ratio of 0.94 is 19% below median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.95. The Industrial Products industry median PS Ratio is 1.91. XTC New Energy Materials (Xiamen) Co's value of 0.94 is 50.8% below this industry median. Based on the distribution chart, XTC New Energy Materials (Xiamen) Co ranks #836 out of 3026 companies in the Industrial Products industry, which is above the industry midpoint. Overall, XTC New Energy Materials (Xiamen) Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does XTC New Energy Materials (Xiamen) Co's PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, XTC New Energy Materials (Xiamen) Co ranks #836 out of 3026 companies for PS Ratio. This puts XTC New Energy Materials (Xiamen) Co in the upper half of its industry. The industry median PS Ratio is 1.91. XTC New Energy Materials (Xiamen) Co's value of 0.94 is 50.8% below this benchmark. Historically, XTC New Energy Materials (Xiamen) Co's own PS Ratio has ranged from 0.64 to 2.95 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 1.91, XTC New Energy Materials (Xiamen) Co has consistently been below 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 3,026 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. XTC New Energy Materials (Xiamen) Co's current PS Ratio of 0.94 is 50.8% below 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 XTC New Energy Materials (Xiamen) 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. XTC New Energy Materials (Xiamen) Co's current PS Ratio is 0.94, which is 19% below median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XTC New Energy Materials (Xiamen) Co stock overvalued right now?
Based on GuruFocus' analysis, XTC New Energy Materials (Xiamen) Co (SHSE:688778) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥63.40, compared to a current price of ¥43.80 — trading 30.9% below its estimated fair value. The current PS Ratio is 0.94, which is 19% below median its 10-year median of 1.16 and 50.8% below the Industrial Products industry median of 1.91. XTC New Energy Materials (Xiamen) Co's overall GF Score™ is 80/100 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 XTC New Energy Materials (Xiamen) Co (SHSE:688778), the current PS Ratio is 0.94 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 XTC New Energy Materials (Xiamen) Co (SHSE:688778) Overvalued in 2026?
Based on GuruFocus' analysis, XTC New Energy Materials (Xiamen) Co stock appears to be undervalued.
The current stock price of ¥43.80 is trading 30.9% below its estimated GF Value™ of ¥63.40.
GuruFocus considers XTC New Energy Materials (Xiamen) Co to be Significantly Undervalued.
Key valuation signals for SHSE:688778:
PS Ratio: 0.94 (19% below median its 10-year median of 1.16)
GF Value™: ¥63.40 vs. price of ¥43.80 (30.9% below fair value)
Industry Position: 50.8% below the Industrial Products median (#836 of 3026)
No single metric tells the full story. See the SHSE:688778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
XTC New Energy Materials (Xiamen) Co Business Description
XTC New Energy Materials (Xiamen) Co Ltd is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries.
80GF Score
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