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, Neway Valve (Suzhou) Co's share price is ¥29.50.
Neway Valve (Suzhou) Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2025 was ¥8.42. Hence, Neway Valve (Suzhou) Co's PS Ratio for today is 3.50.
The historical rank and industry rank for Neway Valve (Suzhou) Co's PS Ratio or its related term are showing as below:
SHSE:603699'
s PS Ratio Range Over the Past 10 Years
Min: 1.39 Med: 3.12 Max: 7.57
Current: 3.51
During the past 13 years, Neway Valve (Suzhou) Co's highest PS Ratio was 7.57. The lowest was 1.39. And the median was 3.12.
SHSE:603699's PS Ratio is ranked worse than 69.02% of 2976
companies
in the Industrial Products industry
Industry Median: 1.975
vs SHSE:603699: 3.51
During the past 12 months, the average Revenue per Share Growth Rate of Neway Valve (Suzhou) Co was 8.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 16.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 14.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 10.60% per year.
During the past 13 years, Neway Valve (Suzhou) Co's highest 3-Year average Revenue per Share Growth Rate was 30.60% per year. The lowest was -8.20% per year. And the median was 11.80% per year.
* 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 Neway Valve (Suzhou) Co's PS Ratio
For the Specialty Industrial Machinery subindustry, Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co's PS Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Neway Valve (Suzhou) Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co's Share Price of today is ¥29.50. Neway Valve (Suzhou) 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 ¥8.42.
* 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:
Neway Valve (Suzhou) Co (SHSE:603699) 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.
Neway Valve (Suzhou) Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Neway Valve (Suzhou) Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
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