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Harada Industry CoTSE:6904 +0.45%64 PS Ratio is 0.23 as of Aug. 10, 2026, which is 48% below its 10-year median of 0.44. GuruFocus rates TSE:6904 with a GF Score™ of 64/100 and a GF Value™ of 円507.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,468 Hardware companies, Harada Industry Co ranks better than 92.79% 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, Harada Industry Co's share price is 円451.00.
Harada Industry Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,994.87. Hence, Harada Industry Co's PS Ratio for today is 0.23.
Good Sign:
Harada Industry Co Ltd stock PS Ratio (=0.23) is close to 5-year low of 0.22.
The historical rank and industry rank for Harada Industry Co's PS Ratio or its related term are showing as below:
TSE:6904'
s PS Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.44 Max: 0.99
Current: 0.23
During the past 13 years, Harada Industry Co's highest PS Ratio was 0.99. The lowest was 0.11. And the median was 0.44.
TSE:6904's PS Ratio is ranked better than 92.79% of 2468
companies
in the Hardware industry
Industry Median: 1.87
vs TSE:6904: 0.23
Harada Industry Co Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Harada Industry Co was -3.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 1.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 0.50% per year.
During the past 13 years, Harada Industry Co's highest 3-Year average Revenue per Share Growth Rate was 22.30% per year. The lowest was -8.20% per year. And the median was 1.80% per year.
Harada Industry Co (TSE:6904) 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.
Harada Industry Co PS Ratio Related Terms
Harada Industry Co PS Ratio Historical Data
* Premium members only.
The historical data trend for Harada Industry 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 Communication Equipment subindustry, Harada Industry 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.
Harada Industry Co PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Harada Industry Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Harada Industry 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.
Harada Industry Co's Share Price of today is 円451.00. Harada Industry Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,994.87.
* 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:
Harada Industry Co (TSE:6904) has a PS Ratio of 0.23 as of Aug. 10, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Harada Industry Co and its competitors. This is 48% below median its historical median of 0.44. Over the past decade, Harada Industry Co's PS Ratio has ranged from 0.11 to 0.99. According to the industry distribution chart, Harada Industry Co ranks #178 out of 2468 companies in the Hardware industry, placing it in the top 7.2%.
Is Harada Industry Co's PS Ratio too high?
Harada Industry Co's current PS Ratio of 0.23 is 48% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.99. The Hardware industry median PS Ratio is 1.87. Harada Industry Co's value of 0.23 is 87.7% below this industry median. Based on the distribution chart, Harada Industry Co ranks #178 out of 2468 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Harada Industry Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harada Industry Co's PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Harada Industry Co ranks #178 out of 2468 companies for PS Ratio. This places Harada Industry Co in the top 7% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.87. Harada Industry Co's value of 0.23 is 87.7% below this benchmark. Historically, Harada Industry Co's own PS Ratio has ranged from 0.11 to 0.99 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 1.87, Harada Industry 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 Hardware company?
The median PS Ratio among Hardware companies is 1.87, based on 2,468 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. Harada Industry Co's current PS Ratio of 0.23 is 87.7% 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 Harada Industry Co and its competitors. For the Hardware industry, the median PS Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harada Industry Co's current PS Ratio is 0.23, which is 48% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harada Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Harada Industry Co (TSE:6904) is currently considered Modestly Undervalued. The stock's GF Value™ is 円507.81, compared to a current price of 円451.00 — trading 11.2% below its estimated fair value. The current PS Ratio is 0.23, which is 48% below median its 10-year median of 0.44 and 87.7% below the Hardware industry median of 1.87. Harada Industry Co's overall GF Score™ is 64/100 with 3 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 Harada Industry Co (TSE:6904), the current PS Ratio is 0.23 as of Aug. 10, 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 Harada Industry Co (TSE:6904) Overvalued in 2026?
Based on GuruFocus' analysis, Harada Industry Co stock appears to be undervalued.
The current stock price of 円451.00 is trading 11.2% below its estimated GF Value™ of 円507.81.
GuruFocus considers Harada Industry Co to be Modestly Undervalued.
Key valuation signals for TSE:6904:
PS Ratio: 0.23 (48% below median its 10-year median of 0.44)
GF Value™: 円507.81 vs. price of 円451.00 (11.2% below fair value)
Industry Position: 87.7% below the Hardware median (#178 of 2468)
No single metric tells the full story. See the TSE:6904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harada Industry Co Ltd manufactures and sells automotive antennas, wireless and data communications antennas, mobile device antennas, actuators, and various automotive parts, electronic devices, and components. It manufactures antennas for radio, GPS, telephone, DSRC, ETC, television. It also provides cables, such as copper clad aluminum, coaxial, and shielded twisted pair cables, as well as connectors.
64GF Score
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