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Hokuriku Gas CoTSE:9537 -1.15%67 PS Ratio is 0.31 as of Jul. 15, 2026, which is 7% above its 10-year median of 0.29. GuruFocus rates TSE:9537 with a GF Score™ of 67/100 and a GF Value™ of 円3,701.52 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 500 Utilities - Regulated companies, Hokuriku Gas Co ranks better than 90.6% 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, Hokuriku Gas Co's share price is 円4280.00.
Hokuriku Gas Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円13,822.79. Hence, Hokuriku Gas Co's PS Ratio for today is 0.31.
The historical rank and industry rank for Hokuriku Gas Co's PS Ratio or its related term are showing as below:
TSE:9537'
s PS Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.29 Max: 0.38
Current: 0.31
During the past 13 years, Hokuriku Gas Co's highest PS Ratio was 0.38. The lowest was 0.20. And the median was 0.29.
TSE:9537's PS Ratio is ranked better than 90.6% of 500
companies
in the Utilities - Regulated industry
Industry Median: 1.43
vs TSE:9537: 0.31
Hokuriku Gas 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 Hokuriku Gas Co was 4.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -1.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 4.70% per year.
During the past 13 years, Hokuriku Gas Co's highest 3-Year average Revenue per Share Growth Rate was 10.70% per year. The lowest was -6.10% per year. And the median was 2.90% per year.
Back to Basics: PS Ratio
Hokuriku Gas Co (TSE:9537) 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.
Hokuriku Gas Co PS Ratio Related Terms
Hokuriku Gas Co PS Ratio Historical Data
* Premium members only.
The historical data trend for Hokuriku Gas 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 Utilities - Regulated Gas subindustry, Hokuriku Gas 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.
Hokuriku Gas Co PS Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hokuriku Gas Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Hokuriku Gas 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.
Hokuriku Gas Co's Share Price of today is 円4280.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hokuriku Gas Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円13,822.79.
* 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:
Hokuriku Gas Co (TSE:9537) has a PS Ratio of 0.31 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 Hokuriku Gas Co and its competitors. This is near median its historical median of 0.29. Over the past decade, Hokuriku Gas Co's PS Ratio has ranged from 0.20 to 0.38. According to the industry distribution chart, Hokuriku Gas Co ranks #47 out of 500 companies in the Utilities - Regulated industry, placing it in the top 9.4%.
Is Hokuriku Gas Co's PS Ratio too high?
Hokuriku Gas Co's current PS Ratio of 0.31 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.38. The Utilities - Regulated industry median PS Ratio is 1.43. Hokuriku Gas Co's value of 0.31 is 78.3% below this industry median. Based on the distribution chart, Hokuriku Gas Co ranks #47 out of 500 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Hokuriku Gas Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Gas Co's PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hokuriku Gas Co ranks #47 out of 500 companies for PS Ratio. This places Hokuriku Gas Co in the top 9% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.43. Hokuriku Gas Co's value of 0.31 is 78.3% below this benchmark. Historically, Hokuriku Gas Co's own PS Ratio has ranged from 0.20 to 0.38 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.43, Hokuriku Gas 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 an Utilities - Regulated company?
The median PS Ratio among Utilities - Regulated companies is 1.43, based on 500 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. Hokuriku Gas Co's current PS Ratio of 0.31 is 78.3% 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 Hokuriku Gas Co and its competitors. For the Utilities - Regulated industry, the median PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Gas Co's current PS Ratio is 0.31, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Gas Co (TSE:9537) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,701.52, compared to a current price of 円4,280.00 — trading 15.6% above its estimated fair value. The current PS Ratio is 0.31, which is near median its 10-year median of 0.29 and 78.3% below the Utilities - Regulated industry median of 1.43. Hokuriku Gas Co's overall GF Score™ is 67/100 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 Hokuriku Gas Co (TSE:9537), the current PS Ratio is 0.31 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 Hokuriku Gas Co (TSE:9537) Overvalued in 2026?
Based on GuruFocus' analysis, Hokuriku Gas Co stock appears to be overvalued.
The current stock price of 円4,280.00 is trading 15.6% above its estimated GF Value™ of 円3,701.52.
GuruFocus considers Hokuriku Gas Co to be Modestly Overvalued.
Key valuation signals for TSE:9537:
PS Ratio: 0.31 (near median its 10-year median of 0.29)
GF Value™: 円3,701.52 vs. price of 円4,280.00 (15.6% above fair value)
Industry Position: 78.3% below the Utilities - Regulated median (#47 of 500)
No single metric tells the full story. See the TSE:9537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas and gas-related equipment. It is involved in the manufacture, supply, and sale of city gas, as well as the operation of gas works and the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.
67GF Score
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