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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, Headway Advanced Material Co's share price is NT$18.65.
Headway Advanced Material Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$18.08. Hence, Headway Advanced Material Co's PS Ratio for today is 1.03.
Warning Sign:
Headway Advanced Material Co Ltd stock PS Ratio (=1.14) is close to 1-year high of 1.14.
The historical rank and industry rank for Headway Advanced Material Co's PS Ratio or its related term are showing as below:
TPE:1776'
s PS Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.81 Max: 1.28
Current: 1.03
During the past 13 years, Headway Advanced Material Co's highest PS Ratio was 1.28. The lowest was 0.52. And the median was 0.81.
TPE:1776's PS Ratio is ranked better than 61.47% of 1573
companies
in the Chemicals industry
Industry Median: 1.42
vs TPE:1776: 1.03
Headway Advanced Material Co Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Headway Advanced Material Co was -15.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -5.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -6.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -8.40% per year.
During the past 13 years, Headway Advanced Material Co's highest 3-Year average Revenue per Share Growth Rate was 6.00% per year. The lowest was -13.30% per year. And the median was -7.20% per year.
Back to Basics: PS Ratio
Headway Advanced Material Co (TPE:1776) 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.
Headway Advanced Material Co PS Ratio Related Terms
Headway Advanced Material 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 Chemicals subindustry, Headway Advanced Material 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.
Headway Advanced Material Co PS Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Headway Advanced Material Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Headway Advanced Material Co's PS Ratio falls into.
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.
Headway Advanced Material Co's Share Price of today is NT$18.65. Headway Advanced Material Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$18.08.
* 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:
Headway Advanced Material Co (TPE:1776) has a PS Ratio of 1.03 as of Jul. 15, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Headway Advanced Material Co and its competitors. This is 27% above median its historical median of 0.81. Over the past decade, Headway Advanced Material Co's PS Ratio has ranged from 0.52 to 1.28. According to the industry distribution chart, Headway Advanced Material Co ranks #606 out of 1573 companies in the Chemicals industry, placing it in the top 38.5%.
Is Headway Advanced Material Co's PS Ratio too high?
Headway Advanced Material Co's current PS Ratio of 1.03 is 27% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.28. The Chemicals industry median PS Ratio is 1.42. Headway Advanced Material Co's value of 1.03 is 27.5% below this industry median. Based on the distribution chart, Headway Advanced Material Co ranks #606 out of 1573 companies in the Chemicals industry, which is above the industry midpoint. Overall, Headway Advanced Material Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Headway Advanced Material Co's PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Headway Advanced Material Co ranks #606 out of 1573 companies for PS Ratio. This puts Headway Advanced Material Co in the upper half of its industry. The industry median PS Ratio is 1.42. Headway Advanced Material Co's value of 1.03 is 27.5% below this benchmark. Historically, Headway Advanced Material Co's own PS Ratio has ranged from 0.52 to 1.28 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.42, Headway Advanced Material 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 a Chemicals company?
The median PS Ratio among Chemicals companies is 1.42, based on 1,573 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. Headway Advanced Material Co's current PS Ratio of 1.03 is 27.5% 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 Headway Advanced Material Co and its competitors. For the Chemicals industry, the median PS Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headway Advanced Material Co's current PS Ratio is 1.03, which is 27% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headway Advanced Material Co stock overvalued right now?
Based on GuruFocus' analysis, Headway Advanced Material Co (TPE:1776) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.68, compared to a current price of NT$18.65 — trading 18.9% above its estimated fair value. The current PS Ratio is 1.03, which is 27% above median its 10-year median of 0.81 and 27.5% below the Chemicals industry median of 1.42. Headway Advanced Material Co's overall GF Score™ is 71/100 with 10 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 Headway Advanced Material Co (TPE:1776), the current PS Ratio is 1.03 as of Jul. 15, 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 Headway Advanced Material Co (TPE:1776) Overvalued in 2026?
Based on GuruFocus' analysis, Headway Advanced Material Co stock appears to be overvalued.
The current stock price of NT$18.65 is trading 18.9% above its estimated GF Value™ of NT$15.68.
GuruFocus considers Headway Advanced Material Co to be Modestly Overvalued.
Key valuation signals for TPE:1776:
PS Ratio: 1.03 (27% above median its 10-year median of 0.81)
GF Value™: NT$15.68 vs. price of NT$18.65 (18.9% above fair value)
Industry Position: 27.5% below the Chemicals median (#606 of 1573)
No single metric tells the full story. See the TPE:1776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headway Advanced Material Co Ltd is engaged in business including the manufacture, processing, and sale of polyurethane curing agents, processing agents, coatings, resins for coatings, adhesives, flatting agents, and related raw materials. Geographically, the company generates revenue from Taiwan, Mainland China, and Vietnam, out of which the majority of revenue is generated from Taiwan. The company generates the majority of its revenue from the sale of PU resin.
71GF Score
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