HOKUETSU METAL Co (TSE:5446) PS Ratio: 0.19 (As of Jul. 17, 2026) — Near Median

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TSE:5446 HOKUETSU METAL Co Ltd TSE:5446
61 GF Score
Price 円1,135.00
GF Value 円1,098.53
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is HOKUETSU METAL Co PS Ratio?

HOKUETSU METAL Co TSE:5446 +0.35% 61 PS Ratio is 0.19 as of Jul. 17, 2026, which is at its 10-year median of 0.19. GuruFocus rates TSE:5446 with a GF Score™ of 61/100 and a GF Value™ of 円1,098.53 (Fairly Valued). The stock has 4 warning signs investors should review. Among 610 Steel companies, HOKUETSU METAL Co ranks better than 85.57% 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, HOKUETSU METAL Co's share price is 円1135.00. HOKUETSU METAL Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,119.22. Hence, HOKUETSU METAL Co's PS Ratio for today is 0.19.

Warning Sign:

HOKUETSU METAL Co Ltd stock PS Ratio (=0.19) is close to 3-year high of 0.21.

The historical rank and industry rank for HOKUETSU METAL Co's PS Ratio or its related term are showing as below:

TSE:5446' s PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.19   Max: 0.34
Current: 0.19

During the past 13 years, HOKUETSU METAL Co's highest PS Ratio was 0.34. The lowest was 0.13. And the median was 0.19.

TSE:5446's PS Ratio is ranked better than
85.57% of 610 companies
in the Steel industry
Industry Median: 0.6 vs TSE:5446: 0.19

HOKUETSU METAL Co's Revenue per Sharefor the six months ended in Mar. 2026 was 円2,903.31. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,119.22.

Warning Sign:

HOKUETSU METAL Co Ltd 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 HOKUETSU METAL Co was -18.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -8.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 4.20% per year.

During the past 13 years, HOKUETSU METAL Co's highest 3-Year average Revenue per Share Growth Rate was 13.30% per year. The lowest was -9.00% per year. And the median was 1.50% per year.

Back to Basics: PS Ratio


HOKUETSU METAL Co  (TSE:5446) 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.


HOKUETSU METAL Co PS Ratio Related Terms


HOKUETSU METAL Co PS Ratio Historical Data

* Premium members only.

The historical data trend for HOKUETSU METAL 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.

HOKUETSU METAL Co PS Ratio Chart

HOKUETSU METAL Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.22 0.18 0.18 0.20

HOKUETSU METAL Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.18 0.31 0.18 0.00 0.20

TSE:5446 vs NUE, STLD, RS: PS Ratio Comparison

For the Steel subindustry, HOKUETSU METAL 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.


HOKUETSU METAL Co PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, HOKUETSU METAL Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where HOKUETSU METAL Co's PS Ratio falls into.


TSE:5446
61GF Score
HOKUETSU METAL Co Ltd TSE:5446
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HOKUETSU METAL 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.

HOKUETSU METAL Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1135.00/6119.217
=0.19

HOKUETSU METAL Co's Share Price of today is 円1135.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HOKUETSU METAL Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,119.22.

* 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 0.19 mean?
HOKUETSU METAL Co (TSE:5446) has a PS Ratio of 0.19 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on HOKUETSU METAL Co and its competitors. This is near median its historical median of 0.19. Over the past decade, HOKUETSU METAL Co's PS Ratio has ranged from 0.13 to 0.34. According to the industry distribution chart, HOKUETSU METAL Co ranks #88 out of 610 companies in the Steel industry, placing it in the top 14.4%.
Is HOKUETSU METAL Co's PS Ratio too high?
HOKUETSU METAL Co's current PS Ratio of 0.19 is near median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.34. The Steel industry median PS Ratio is 0.60. HOKUETSU METAL Co's value of 0.19 is 68.3% below this industry median. Based on the distribution chart, HOKUETSU METAL Co ranks #88 out of 610 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, HOKUETSU METAL Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HOKUETSU METAL Co's PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, HOKUETSU METAL Co ranks #88 out of 610 companies for PS Ratio. This places HOKUETSU METAL Co in the top 14% of its industry — outperforming the majority of peers. The industry median PS Ratio is 0.60. HOKUETSU METAL Co's value of 0.19 is 68.3% below this benchmark. Historically, HOKUETSU METAL Co's own PS Ratio has ranged from 0.13 to 0.34 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.60, HOKUETSU METAL 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 Steel company?
The median PS Ratio among Steel companies is 0.60, based on 610 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. HOKUETSU METAL Co's current PS Ratio of 0.19 is 68.3% 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 HOKUETSU METAL Co and its competitors. For the Steel industry, the median PS Ratio is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HOKUETSU METAL Co's current PS Ratio is 0.19, which is near median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HOKUETSU METAL Co stock overvalued right now?
Based on GuruFocus' analysis, HOKUETSU METAL Co (TSE:5446) is currently considered Fairly Valued. The stock's GF Value™ is 円1,098.53, compared to a current price of 円1,135.00 — trading 3.3% above its estimated fair value. The current PS Ratio is 0.19, which is near median its 10-year median of 0.19 and 68.3% below the Steel industry median of 0.60. HOKUETSU METAL Co's overall GF Score™ is 61/100 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 HOKUETSU METAL Co (TSE:5446), the current PS Ratio is 0.19 as of Jul. 17, 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 HOKUETSU METAL Co (TSE:5446) Overvalued in 2026?

Based on GuruFocus' analysis, HOKUETSU METAL Co stock appears to be overvalued. The current stock price of 円1,135.00 is trading 3.3% above its estimated GF Value™ of 円1,098.53. GuruFocus considers HOKUETSU METAL Co to be Fairly Valued.

Key valuation signals for TSE:5446:

  • PS Ratio: 0.19 (near median its 10-year median of 0.19)
  • GF Value™: 円1,098.53 vs. price of 円1,135.00 (3.3% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 68.3% below the Steel median (#88 of 610)

No single metric tells the full story. See the TSE:5446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HOKUETSU METAL Co Business Description

Address 3-3-1, Zao Nagaoka shi, Niigata-ken, JPN, 9400028
HOKUETSU METAL Co Ltd operates in the iron and steel industry. The principal business activities of the company include the manufacturing and processing of primary products such as steel, non-base metals and alloys, steel structures, and various other mechanical devices.
61GF Score

Get the complete analysis for TSE:5446

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

円1,135.00
Price
円1,098.53
GF Value