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Headwaters CoTSE:4011 -6.27%75 PS Ratio is 1.74 as of Jul. 21, 2026, which is 77% below its 10-year median of 7.55. GuruFocus rates TSE:4011 with a GF Score™ of 75/100 and a GF Value™ of 円8,107.98 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,789 Software companies, Headwaters Co ranks better than 54.68% 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, Headwaters Co's share price is 円1930.00.
Headwaters Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was 円1,107.97. Hence, Headwaters Co's PS Ratio for today is 1.74.
Good Sign:
Headwaters Co Ltd stock PS Ratio (=2.06) is close to 10-year low of 1.97.
The historical rank and industry rank for Headwaters Co's PS Ratio or its related term are showing as below:
TSE:4011'
s PS Ratio Range Over the Past 10 Years
Min: 1.74 Med: 7.55 Max: 82.74
Current: 1.74
During the past 8 years, Headwaters Co's highest PS Ratio was 82.74. The lowest was 1.74. And the median was 7.55.
TSE:4011's PS Ratio is ranked better than 54.68% of 2789
companies
in the Software industry
Industry Median: 2.01
vs TSE:4011: 1.74
During the past 12 months, the average Revenue per Share Growth Rate of Headwaters Co was 34.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 33.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 28.50% per year.
During the past 8 years, Headwaters Co's highest 3-Year average Revenue per Share Growth Rate was 35.00% per year. The lowest was 3.80% per year. And the median was 23.00% per year.
Back to Basics: PS Ratio
Headwaters Co (TSE:4011) 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.
Headwaters Co PS Ratio Related Terms
Headwaters Co PS Ratio Historical Data
* Premium members only.
The historical data trend for Headwaters Co'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 Software - Application subindustry, Headwaters 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.
Headwaters Co PS Ratio vs Software Industry
For the Software industry and Technology sector, Headwaters Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Headwaters 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.
Headwaters Co's Share Price of today is 円1930.00. Headwaters 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 円1,107.97.
* 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:
Headwaters Co (TSE:4011) has a PS Ratio of 1.74 as of Jul. 21, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Headwaters Co and its competitors. This is 77% below median its historical median of 7.55. Over the past decade, Headwaters Co's PS Ratio has ranged from 1.74 to 82.74. According to the industry distribution chart, Headwaters Co ranks #1264 out of 2789 companies in the Software industry, placing it in the top 45.3%.
Is Headwaters Co's PS Ratio too high?
Headwaters Co's current PS Ratio of 1.74 is 77% below median its 10-year median of 7.55. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 82.74. The Software industry median PS Ratio is 2.01. Headwaters Co's value of 1.74 is 13.4% below this industry median. Based on the distribution chart, Headwaters Co ranks #1264 out of 2789 companies in the Software industry, which is above the industry midpoint. Overall, Headwaters Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Headwaters Co's PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Headwaters Co ranks #1264 out of 2789 companies for PS Ratio. This puts Headwaters Co in the upper half of its industry. The industry median PS Ratio is 2.01. Headwaters Co's value of 1.74 is 13.4% below this benchmark. Historically, Headwaters Co's own PS Ratio has ranged from 1.74 to 82.74 over the past decade. While the company's 10-year median is 7.55 vs. the industry median of 2.01, Headwaters 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 Software company?
The median PS Ratio among Software companies is 2.01, based on 2,789 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. Headwaters Co's current PS Ratio of 1.74 is 13.4% 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 Headwaters Co and its competitors. For the Software industry, the median PS Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headwaters Co's current PS Ratio is 1.74, which is 77% below median its own 10-year median of 7.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headwaters Co stock overvalued right now?
Based on GuruFocus' analysis, Headwaters Co (TSE:4011) is currently considered Possible Value Trap. The stock's GF Value™ is 円8,107.98, compared to a current price of 円1,930.00 — trading 76.2% below its estimated fair value. The current PS Ratio is 1.74, which is 77% below median its 10-year median of 7.55 and 13.4% below the Software industry median of 2.01. Headwaters Co's overall GF Score™ is 75/100 with 5 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 Headwaters Co (TSE:4011), the current PS Ratio is 1.74 as of Jul. 21, 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 Headwaters Co (TSE:4011) Overvalued in 2026?
Based on GuruFocus' analysis, Headwaters Co stock appears to be undervalued.
The current stock price of 円1,930.00 is trading 76.2% below its estimated GF Value™ of 円8,107.98.
GuruFocus considers Headwaters Co to be Possible Value Trap.
Key valuation signals for TSE:4011:
PS Ratio: 1.74 (77% below median its 10-year median of 7.55)
GF Value™: 円8,107.98 vs. price of 円1,930.00 (76.2% below fair value)
Industry Position: 13.4% below the Software median (#1264 of 2789)
No single metric tells the full story. See the TSE:4011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headwaters Co Ltd is engaged in the planning and development of artificial intelligence (AI) applications. It develops AI-related businesses such as AI platform operation, AI application development, robot application development, and cloud service operation. The group has a single segment, the AI solutions business.
75GF Score
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