Northern Solar Holdings Bhd (XKLS:0340) PS Ratio: 2.44 (As of Jul. 09, 2026) — Near Median


XKLS:0340 Northern Solar Holdings Bhd XKLS:0340
18 GF Score
Price RM0.70
! 4 Warning Signs
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What is Northern Solar Holdings Bhd PS Ratio?

Northern Solar Holdings Bhd XKLS:0340 18 PS Ratio is 2.44 as of Jul. 09, 2026, which is 8% below its 10-year median of 2.65. GuruFocus rates XKLS:0340 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,019 Semiconductors companies, Northern Solar Holdings Bhd ranks better than 63.59% 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, Northern Solar Holdings Bhd's share price is RM0.695. Northern Solar Holdings Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.29. Hence, Northern Solar Holdings Bhd's PS Ratio for today is 2.44.

The historical rank and industry rank for Northern Solar Holdings Bhd's PS Ratio or its related term are showing as below:

XKLS:0340' s PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.65   Max: 6.29
Current: 2.44

During the past 5 years, Northern Solar Holdings Bhd's highest PS Ratio was 6.29. The lowest was 1.63. And the median was 2.65.

XKLS:0340's PS Ratio is ranked better than
63.59% of 1019 companies
in the Semiconductors industry
Industry Median: 4.27 vs XKLS:0340: 2.44

Northern Solar Holdings Bhd's Revenue per Sharefor the three months ended in Mar. 2026 was RM0.05. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.29.

During the past 12 months, the average Revenue per Share Growth Rate of Northern Solar Holdings Bhd was 13.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 36.30% per year.

During the past 5 years, Northern Solar Holdings Bhd's highest 3-Year average Revenue per Share Growth Rate was 64.90% per year. The lowest was 36.30% per year. And the median was 50.60% per year.

Back to Basics: PS Ratio


Northern Solar Holdings Bhd  (XKLS:0340) 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.


Northern Solar Holdings Bhd PS Ratio Related Terms


Northern Solar Holdings Bhd PS Ratio Historical Data

* Premium members only.

The historical data trend for Northern Solar Holdings Bhd'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.

Northern Solar Holdings Bhd PS Ratio Chart

Northern Solar Holdings Bhd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
0.00 0.00 0.00 2.69 2.13

Northern Solar Holdings Bhd Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 2.64 2.92 2.16 2.13

XKLS:0340 vs FSLR, NXT, ENPH: PS Ratio Comparison

For the Solar subindustry, Northern Solar Holdings Bhd'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.


Northern Solar Holdings Bhd PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's PS Ratio distribution charts can be found below:

* The bar in red indicates where Northern Solar Holdings Bhd's PS Ratio falls into.


XKLS:0340
18GF Score
Northern Solar Holdings Bhd XKLS:0340
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Solar Holdings Bhd 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.

Northern Solar Holdings Bhd's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.695/0.285
=2.44

Northern Solar Holdings Bhd's Share Price of today is RM0.695.
Northern Solar Holdings Bhd'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 RM0.29.

* 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 2.44 mean?
Northern Solar Holdings Bhd (XKLS:0340) has a PS Ratio of 2.44 as of Jul. 09, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Northern Solar Holdings Bhd and its competitors. This is near median its historical median of 2.65. Over the past decade, Northern Solar Holdings Bhd's PS Ratio has ranged from 1.63 to 6.29. According to the industry distribution chart, Northern Solar Holdings Bhd ranks #371 out of 1019 companies in the Semiconductors industry, placing it in the top 36.4%.
Is Northern Solar Holdings Bhd's PS Ratio too high?
Northern Solar Holdings Bhd's current PS Ratio of 2.44 is near median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 6.29. The Semiconductors industry median PS Ratio is 4.27. Northern Solar Holdings Bhd's value of 2.44 is 42.9% below this industry median. Based on the distribution chart, Northern Solar Holdings Bhd ranks #371 out of 1019 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Northern Solar Holdings Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's PS Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Northern Solar Holdings Bhd ranks #371 out of 1019 companies for PS Ratio. This puts Northern Solar Holdings Bhd in the upper half of its industry. The industry median PS Ratio is 4.27. Northern Solar Holdings Bhd's value of 2.44 is 42.9% below this benchmark. Historically, Northern Solar Holdings Bhd's own PS Ratio has ranged from 1.63 to 6.29 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 4.27, Northern Solar Holdings Bhd 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 Semiconductors company?
The median PS Ratio among Semiconductors companies is 4.27, based on 1,019 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. Northern Solar Holdings Bhd's current PS Ratio of 2.44 is 42.9% 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 Northern Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median PS Ratio is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Solar Holdings Bhd's current PS Ratio is 2.44, which is near median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current PS Ratio of 2.44. The current PS Ratio is 2.44, which is near median its 10-year median of 2.65 and 42.9% below the Semiconductors industry median of 4.27. Northern Solar Holdings Bhd's overall GF Score™ is 18/100 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 Northern Solar Holdings Bhd (XKLS:0340), the current PS Ratio is 2.44 as of Jul. 09, 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.

Northern Solar Holdings Bhd Business Description

Address No. 3, Jalan SS20/27, Units 8-01 and 8-02, Level 8, Menara Lagenda, Petaling Jaya, SGR, MYS, 47400
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
18GF Score

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

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