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China Bills FinanceTPE:2820 62 PS Ratio is 7.55 as of Jul. 15, 2026, which is 19% below its 10-year median of 9.29. GuruFocus rates TPE:2820 with a GF Score™ of 62/100 and a GF Value™ of NT$24.43 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 758 Capital Markets companies, China Bills Finance ranks worse than 68.73% 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, China Bills Finance's share price is NT$16.65.
China Bills Finance's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2.21. Hence, China Bills Finance's PS Ratio for today is 7.55.
Good Sign:
China Bills Finance Corp stock PS Ratio (=7.71) is close to 5-year low of 7.37.
The historical rank and industry rank for China Bills Finance's PS Ratio or its related term are showing as below:
TPE:2820'
s PS Ratio Range Over the Past 10 Years
Min: 6.81 Med: 9.29 Max: 12.93
Current: 7.55
During the past 13 years, China Bills Finance's highest PS Ratio was 12.93. The lowest was 6.81. And the median was 9.29.
TPE:2820's PS Ratio is ranked worse than 68.73% of 758
companies
in the Capital Markets industry
Industry Median: 4.17
vs TPE:2820: 7.55
During the past 12 months, the average Revenue per Share Growth Rate of China Bills Finance was 32.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 22.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 1.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 1.00% per year.
During the past 13 years, China Bills Finance's highest 3-Year average Revenue per Share Growth Rate was 22.50% per year. The lowest was -16.90% per year. And the median was 3.60% per year.
Back to Basics: PS Ratio
China Bills Finance (TPE:2820) 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.
China Bills Finance PS Ratio Related Terms
China Bills Finance PS Ratio Historical Data
* Premium members only.
The historical data trend for China Bills Finance'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.
For the Capital Markets subindustry, China Bills Finance'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.
China Bills Finance PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, China Bills Finance's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Bills Finance'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.
China Bills Finance's Share Price of today is NT$16.65. China Bills Finance'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$2.21.
* 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:
China Bills Finance (TPE:2820) has a PS Ratio of 7.55 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 China Bills Finance and its competitors. This is 19% below median its historical median of 9.29. Over the past decade, China Bills Finance's PS Ratio has ranged from 6.81 to 12.93. According to the industry distribution chart, China Bills Finance ranks #521 out of 758 companies in the Capital Markets industry, placing it in the top 68.7%.
Is China Bills Finance's PS Ratio too high?
China Bills Finance's current PS Ratio of 7.55 is 19% below median its 10-year median of 9.29. Over the past 10 years, this metric has ranged from a low of 6.81 to a high of 12.93. The Capital Markets industry median PS Ratio is 4.17. China Bills Finance's value of 7.55 is 81.1% above this industry median. Based on the distribution chart, China Bills Finance ranks #521 out of 758 companies in the Capital Markets industry, which is below the industry midpoint. Overall, China Bills Finance has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Bills Finance's PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, China Bills Finance ranks #521 out of 758 companies for PS Ratio. This places China Bills Finance in the lower half of its industry. The industry median PS Ratio is 4.17. China Bills Finance's value of 7.55 is 81.1% above this benchmark. Historically, China Bills Finance's own PS Ratio has ranged from 6.81 to 12.93 over the past decade. While the company's 10-year median is 9.29 vs. the industry median of 4.17, China Bills Finance 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 Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.17, based on 758 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. China Bills Finance's current PS Ratio of 7.55 is 81.1% 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 China Bills Finance and its competitors. For the Capital Markets industry, the median PS Ratio is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Bills Finance's current PS Ratio is 7.55, which is 19% below median its own 10-year median of 9.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Bills Finance stock overvalued right now?
Based on GuruFocus' analysis, China Bills Finance (TPE:2820) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$24.43, compared to a current price of NT$16.65 — trading 31.8% below its estimated fair value. The current PS Ratio is 7.55, which is 19% below median its 10-year median of 9.29 and 81.1% above the Capital Markets industry median of 4.17. China Bills Finance's overall GF Score™ is 62/100 with 2 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 China Bills Finance (TPE:2820), the current PS Ratio is 7.55 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 China Bills Finance (TPE:2820) Overvalued in 2026?
Based on GuruFocus' analysis, China Bills Finance stock appears to be undervalued.
The current stock price of NT$16.65 is trading 31.8% below its estimated GF Value™ of NT$24.43.
GuruFocus considers China Bills Finance to be Significantly Undervalued.
Key valuation signals for TPE:2820:
PS Ratio: 7.55 (19% below median its 10-year median of 9.29)
GF Value™: NT$24.43 vs. price of NT$16.65 (31.8% below fair value)
Industry Position: 81.1% above the Capital Markets median (#521 of 758)
No single metric tells the full story. See the TPE:2820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Bills Finance Corp focuses on corporate financing and fixed-income commodities. The company's business activities consist of certifying and underwriting of short-term bills and bank debentures; brokering or undertaking proprietary trading of short-term bills, bank debentures, government and corporate bonds, and foreign bonds; guaranteeing short-term bills; providing financial consulting services to enterprises; processing interbank call loans; equity investments; fixed-income security trading; (h) foreign-currency bills investment; and doing other businesses as authorized by relevant authorities. Its business is concentrated in Taiwan.
62GF Score
Get the complete analysis for TPE:2820
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