Switch to:

Hang Seng Index PS Ratio

: (As of Today)
View and export this data going back to 1990. Start your Free Trial

As of today, Hang Seng Index's share price is $29545.760000. Hang Seng Index does not have enough years/quarters to calculate the Revenue per Share for the trailing twelve months (TTM) ended in . 20. Therefore GuruFocus does not calculate P/S Ratio at this moment.

During the past 0 years, Hang Seng Index's highest P/S Ratio was 40235.32. The lowest was 0.00. And the median was 0.00.

Hang Seng Index's Revenue per Sharefor the six months ended in . 20 was $0.00.

Back to Basics: P/S Ratio

Hang Seng Index PS Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Hang Seng Index Annual Data
PS Ratio

Hang Seng Index Semi-Annual Data
PS Ratio

Competitive Comparison
* 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.

Hang Seng Index PS Ratio Distribution

* The bar in red indicates where Hang Seng Index's PS Ratio falls into.

Hang Seng Index PS Ratio Calculation

The P/S Ratio is another ratio widely used to value stocks. It was first used by Ken Fisher.

Hang Seng Index's P/S Ratio for today is calculated as

P/S Ratio=Share Price/Revenue per Share (TTM)

It can also be calculated from the numbers for the whole company:

P/E Ratio=Market Cap/Revenue

The revenue here is for the trailing 12 months.

Hang Seng Index  (:^HSI) PS Ratio Explanation

The P/S 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 P/S ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The P/S ratio is a great valuation tool for evaluating cyclical businesses where the P/E 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 P/S 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 Price/Earnings ratio and Price/Cash Flow or Price/Free Cash Flow, the P/E ratio measures the valuation based on the earning power of the company. This is where it is different from Price/Book ratio, which measures the valuation based on the company's balance sheet.

Be Aware

The P/S 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.

Hang Seng Index PS Ratio Related Terms

Hang Seng Index PS Ratio Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)