Hiwin Technologies (TPE:2049) PS Ratio: 4.70 (As of Jul. 16, 2026) — 44% Above Median

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TPE:2049 Hiwin Technologies Corp TPE:2049
70 GF Score
Price NT$321.50
GF Value NT$232.55
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Hiwin Technologies PS Ratio?

Hiwin Technologies TPE:2049 +1.42% 70 PS Ratio is 4.70 as of Jul. 16, 2026, which is 44% above its 10-year median of 3.27. GuruFocus rates TPE:2049 with a GF Score™ of 70/100 and a GF Value™ of NT$232.55 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,022 Industrial Products companies, Hiwin Technologies ranks worse than 77.2% 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, Hiwin Technologies's share price is NT$321.50. Hiwin Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$68.39. Hence, Hiwin Technologies's PS Ratio for today is 4.70.

The historical rank and industry rank for Hiwin Technologies's PS Ratio or its related term are showing as below:

TPE:2049' s PS Ratio Range Over the Past 10 Years
Min: 1.79   Med: 3.27   Max: 6.79
Current: 4.71

During the past 13 years, Hiwin Technologies's highest PS Ratio was 6.79. The lowest was 1.79. And the median was 3.27.

TPE:2049's PS Ratio is ranked worse than
77.2% of 3022 companies
in the Industrial Products industry
Industry Median: 2.025 vs TPE:2049: 4.71

Hiwin Technologies's Revenue per Sharefor the three months ended in Dec. 2025 was NT$18.32. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$68.39.

Warning Sign:

Hiwin Technologies Corp revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Hiwin Technologies was -0.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was -0.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.30% per year.

During the past 13 years, Hiwin Technologies's highest 3-Year average Revenue per Share Growth Rate was 39.30% per year. The lowest was -6.70% per year. And the median was 6.60% per year.

Back to Basics: PS Ratio


Hiwin Technologies  (TPE:2049) 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.


Hiwin Technologies PS Ratio Related Terms


Hiwin Technologies PS Ratio Historical Data

* Premium members only.

The historical data trend for Hiwin Technologies'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.

Hiwin Technologies PS Ratio Chart

Hiwin Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.81 2.16 3.38 4.78 2.83

Hiwin Technologies Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 4.78 3.46 3.05 3.16 2.83

TPE:2049 vs SNA, RBC, LECO: PS Ratio Comparison

For the Tools & Accessories subindustry, Hiwin Technologies'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.


Hiwin Technologies PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hiwin Technologies's PS Ratio distribution charts can be found below:

* The bar in red indicates where Hiwin Technologies's PS Ratio falls into.


TPE:2049
70GF Score
Hiwin Technologies Corp TPE:2049
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiwin Technologies 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.

Hiwin Technologies's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=321.50/68.391
=4.70

Hiwin Technologies's Share Price of today is NT$321.50.
Hiwin Technologies'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$68.39.

* 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 4.70 mean?
Hiwin Technologies (TPE:2049) has a PS Ratio of 4.70 as of Jul. 16, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hiwin Technologies and its competitors. This is 44% above median its historical median of 3.27. Over the past decade, Hiwin Technologies' PS Ratio has ranged from 1.79 to 6.79. According to the industry distribution chart, Hiwin Technologies ranks #2333 out of 3022 companies in the Industrial Products industry, placing it in the top 77.2%.
Is Hiwin Technologies' PS Ratio too high?
Hiwin Technologies' current PS Ratio of 4.70 is 44% above median its 10-year median of 3.27. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 6.79. The Industrial Products industry median PS Ratio is 2.03. Hiwin Technologies' value of 4.70 is 132.1% above this industry median. Based on the distribution chart, Hiwin Technologies ranks #2333 out of 3022 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hiwin Technologies has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiwin Technologies' PS Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Hiwin Technologies ranks #2333 out of 3022 companies for PS Ratio. This places Hiwin Technologies in the lower half of its industry. The industry median PS Ratio is 2.03. Hiwin Technologies' value of 4.70 is 132.1% above this benchmark. Historically, Hiwin Technologies' own PS Ratio has ranged from 1.79 to 6.79 over the past decade. While the company's 10-year median is 3.27 vs. the industry median of 2.03, Hiwin Technologies 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 2.03, based on 3,022 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. Hiwin Technologies's current PS Ratio of 4.70 is 132.1% 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 Hiwin Technologies and its competitors. For the Industrial Products industry, the median PS Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiwin Technologies's current PS Ratio is 4.70, which is 44% above median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiwin Technologies stock overvalued right now?
Based on GuruFocus' analysis, Hiwin Technologies (TPE:2049) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$232.55, compared to a current price of NT$321.50 — trading 38.2% above its estimated fair value. The current PS Ratio is 4.70, which is 44% above median its 10-year median of 3.27 and 132.1% above the Industrial Products industry median of 2.03. Hiwin Technologies' overall GF Score™ is 70/100 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 Hiwin Technologies (TPE:2049), the current PS Ratio is 4.70 as of Jul. 16, 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 Hiwin Technologies (TPE:2049) Overvalued in 2026?

Based on GuruFocus' analysis, Hiwin Technologies stock appears to be overvalued. The current stock price of NT$321.50 is trading 38.2% above its estimated GF Value™ of NT$232.55. GuruFocus considers Hiwin Technologies to be Significantly Overvalued.

Key valuation signals for TPE:2049:

  • PS Ratio: 4.70 (44% above median its 10-year median of 3.27)
  • GF Value™: NT$232.55 vs. price of NT$321.50 (38.2% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 132.1% above the Industrial Products median (#2333 of 3022)

No single metric tells the full story. See the TPE:2049 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiwin Technologies Business Description

Address No. 7, Jingke Road, Precision Machinery Park, Taichung, TWN, 408208
Hiwin Technologies Corp manufactures and sells ballscrews, linear guideways, industrial robots, aerospace automation equipment parts, computer numerical control (CNC) milling machines and medical equipment. Other products include Ball Spline, Linear Guideway Bearings, etc. The company's reportable segments are linear guideways, ballscrews, and others. The majority of revenue is generated from the Linear guideways segment. Geographically, it derives the maximum revenue from Taiwan, followed by China, Germany, Japan, the United States, and Others.
70GF Score

Get the complete analysis for TPE:2049

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

NT$321.50
Price
NT$232.55
GF Value