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, Triangle Tyre Co's share price is ¥14.71.
Triangle Tyre Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2025 was ¥12.55. Hence, Triangle Tyre Co's PS Ratio for today is 1.17.
Good Sign:
Triangle Tyre Co Ltd stock PS Ratio (=1.15) is close to 2-year low of 1.04.
The historical rank and industry rank for Triangle Tyre Co's PS Ratio or its related term are showing as below:
SHSE:601163'
s PS Ratio Range Over the Past 10 Years
Min: 0.93 Med: 1.31 Max: 4.03
Current: 1.17
During the past 13 years, Triangle Tyre Co's highest PS Ratio was 4.03. The lowest was 0.93. And the median was 1.31.
SHSE:601163's PS Ratio is ranked worse than 58.38% of 1307
companies
in the Vehicles & Parts industry
Industry Median: 0.86
vs SHSE:601163: 1.17
Triangle Tyre 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 Triangle Tyre Co was -3.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 4.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 0.10% per year.
During the past 13 years, Triangle Tyre Co's highest 3-Year average Revenue per Share Growth Rate was 8.80% per year. The lowest was -15.00% per year. And the median was 2.30% per year.
Back to Basics: PS Ratio
Triangle Tyre Co PS Ratio Historical Data
The historical data trend for Triangle Tyre 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.
Competitive Comparison of Triangle Tyre Co's PS Ratio
For the Auto Parts subindustry, Triangle Tyre 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.
Triangle Tyre Co's PS Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Triangle Tyre Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Triangle Tyre 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.
Triangle Tyre Co's Share Price of today is ¥14.71. Triangle Tyre Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥12.55.
* 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:
Triangle Tyre Co (SHSE:601163) 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.
Triangle Tyre Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Triangle Tyre Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Triangle Tyre Co Ltd is a tire manufacturing company. Its range of products covers commercial tires, passenger tires, bias OTR tires, radial OTR tires, jumbo OTR tires and others. It holds enormous foreign and Chinese patent portfolio and plays the key role in setting national and professional tire industry standards. Further, it has built a global partnership with various brands such as Caterpillar, Terex, Doosan, Hyundai and Volvo and others. Geographically, its presence is seen in both Chinese and international market.
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