Wintest (TSE:6721) PS Ratio: 20.63 (As of Jul. 26, 2026) — 102% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6721 Wintest Corp TSE:6721
29 GF Score
Price 円78.00
GF Value 円33.06
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Wintest PS Ratio?

Wintest TSE:6721 +1.30% 29 PS Ratio is 20.63 as of Jul. 26, 2026, which is 102% above its 10-year median of 10.23. GuruFocus rates TSE:6721 with a GF Score™ of 29/100 and a GF Value™ of 円33.06 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,472 Hardware companies, Wintest ranks worse than 95.06% 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, Wintest's share price is 円78.00. Wintest's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was 円3.78. Hence, Wintest's PS Ratio for today is 20.63.

Good Sign:

Wintest Corp stock PS Ratio (=27.35) is close to 1-year low of 26.65.

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

TSE:6721' s PS Ratio Range Over the Past 10 Years
Min: 2.87   Med: 10.23   Max: 56.93
Current: 20.63

During the past 13 years, Wintest's highest PS Ratio was 56.93. The lowest was 2.87. And the median was 10.23.

TSE:6721's PS Ratio is ranked worse than
95.06% of 2472 companies
in the Hardware industry
Industry Median: 1.8 vs TSE:6721: 20.63

Wintest's Revenue per Sharefor the three months ended in Dec. 2025 was 円0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was 円3.78.

Warning Sign:

Wintest Corp 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 Wintest was -67.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 0.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was -23.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was -19.50% per year.

During the past 13 years, Wintest's highest 3-Year average Revenue per Share Growth Rate was 8.60% per year. The lowest was -43.00% per year. And the median was -13.50% per year.

Back to Basics: PS Ratio


Wintest  (TSE:6721) 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.


Wintest PS Ratio Related Terms


Wintest PS Ratio Historical Data

* Premium members only.

The historical data trend for Wintest'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.

Wintest PS Ratio Chart

Wintest Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec21 Dec22 Dec23 Dec24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.05 20.30 20.36 9.04 11.54

Wintest Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 57.43 36.12 39.97 38.22 0.00

TSE:6721 vs COHR, KEYS, GRMN: PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Wintest'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.


Wintest PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Wintest's PS Ratio distribution charts can be found below:

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


TSE:6721
29GF Score
Wintest Corp TSE:6721
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wintest 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.

Wintest's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=78.00/3.78
=20.63

Wintest's Share Price of today is 円78.00.
Wintest'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3.78.

* 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 20.63 mean?
Wintest (TSE:6721) has a PS Ratio of 20.63 as of Jul. 26, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Wintest and its competitors. This is 102% above median its historical median of 10.23. Over the past decade, Wintest's PS Ratio has ranged from 2.87 to 56.93. According to the industry distribution chart, Wintest ranks #2350 out of 2472 companies in the Hardware industry, placing it in the top 95.1%.
Is Wintest's PS Ratio too high?
Wintest's current PS Ratio of 20.63 is 102% above median its 10-year median of 10.23. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 56.93. The Hardware industry median PS Ratio is 1.80. Wintest's value of 20.63 is 1046.1% above this industry median. Based on the distribution chart, Wintest ranks #2350 out of 2472 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Wintest has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wintest's PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Wintest ranks #2350 out of 2472 companies for PS Ratio. This places Wintest in the lower half of its industry. The industry median PS Ratio is 1.80. Wintest's value of 20.63 is 1046.1% above this benchmark. Historically, Wintest's own PS Ratio has ranged from 2.87 to 56.93 over the past decade. While the company's 10-year median is 10.23 vs. the industry median of 1.80, Wintest 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 Hardware company?
The median PS Ratio among Hardware companies is 1.80, based on 2,472 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. Wintest's current PS Ratio of 20.63 is 1046.1% 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 Wintest and its competitors. For the Hardware industry, the median PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wintest's current PS Ratio is 20.63, which is 102% above median its own 10-year median of 10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wintest stock overvalued right now?
Based on GuruFocus' analysis, Wintest (TSE:6721) is currently considered Significantly Overvalued. The stock's GF Value™ is 円33.06, compared to a current price of 円78.00 — trading 135.9% above its estimated fair value. The current PS Ratio is 20.63, which is 102% above median its 10-year median of 10.23 and 1046.1% above the Hardware industry median of 1.80. Wintest's overall GF Score™ is 29/100 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 Wintest (TSE:6721), the current PS Ratio is 20.63 as of Jul. 26, 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 Wintest (TSE:6721) Overvalued in 2026?

Based on GuruFocus' analysis, Wintest stock appears to be overvalued. The current stock price of 円78.00 is trading 135.9% above its estimated GF Value™ of 円33.06. GuruFocus considers Wintest to be Significantly Overvalued.

Key valuation signals for TSE:6721:

  • PS Ratio: 20.63 (102% above median its 10-year median of 10.23)
  • GF Value™: 円33.06 vs. price of 円78.00 (135.9% above fair value)
  • GF Score™: 29/100 with 6 warning signs
  • Industry Position: 1046.1% above the Hardware median (#2350 of 2472)

No single metric tells the full story. See the TSE:6721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wintest Business Description

Address Yokohama ST Bldg, 1-2-24, Hiranuma, Nishi-ku, Yokohama, JPN, 220-0004
Wintest Corp mainly develops, design and sell inspection equipment for image sensors and display driver integrated circuit processing. Its product and services include semiconductor measurement (CCD and CMOS image sensor), high added value FPD measurement (organic EL, low temperature / high-temperature polysilicon liquid crystal, LCOS), and mixed signal device measurement.
29GF Score

Get the complete analysis for TSE:6721

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

円78.00
Price
円33.06
GF Value