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, Sincere Watch (Hong Kong)'s share price is HK$0.018.
Sincere Watch (Hong Kong)'s Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was HK$0.02. Hence, Sincere Watch (Hong Kong)'s PS Ratio for today is 0.75.
Good Sign:
Sincere Watch (Hong Kong) Ltd stock PS Ratio (=1.19) is close to 5-year low of 1.13
The historical rank and industry rank for Sincere Watch (Hong Kong)'s PS Ratio or its related term are showing as below:
HKSE:00444'
s PS Ratio Range Over the Past 10 Years
Min: 0.75 Med: 2.02 Max: 14.08
Current: 0.75
During the past 13 years, Sincere Watch (Hong Kong)'s highest PS Ratio was 14.08. The lowest was 0.75. And the median was 2.02.
HKSE:00444's PS Ratio is ranked worse than 52.45% of 1102
companies
in the Retail - Cyclical industry
Industry Median: 0.68
vs HKSE:00444: 0.75
Sincere Watch (Hong Kong) Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Sincere Watch (Hong Kong) was 14.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -28.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -28.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -24.30% per year.
During the past 13 years, Sincere Watch (Hong Kong)'s highest 3-Year average Revenue per Share Growth Rate was 39.80% per year. The lowest was -34.70% per year. And the median was -11.30% per year.
Back to Basics: PS Ratio
Sincere Watch (Hong Kong) PS Ratio Historical Data
* 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 Sincere Watch (Hong Kong)'s PS Ratio
For the Luxury Goods subindustry, Sincere Watch (Hong Kong)'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.
Sincere Watch (Hong Kong)'s PS Ratio Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sincere Watch (Hong Kong)'s PS Ratio distribution charts can be found below:
* The bar in red indicates where Sincere Watch (Hong Kong)'s PS Ratio falls into.
Sincere Watch (Hong Kong) 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.
Sincere Watch (Hong Kong)'s Share Price of today is HK$0.018.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Sincere Watch (Hong Kong)'s Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was HK$0.02.
* 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:
Sincere Watch (Hong Kong) (HKSE:00444) 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.
Sincere Watch (Hong Kong) PS Ratio Related Terms
Thank you for viewing the detailed overview of Sincere Watch (Hong Kong)'s PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Sincere Watch (Hong Kong) (HKSE:00444) Business Description
Sincere Watch (Hong Kong) Ltd sells luxury third-party-branded watches, timepieces, and accessories in Asia. The majority of its sales are in Mainland China and Macau, with the remaining sales in Hong Kong. Brands that Sincere sells include Franck Muller, CVSTOS, Pierre Kunz, European Company Watch, and Backes & Strauss. The company sells merchandise through retail outlets operated by independent watch dealers and through its company-operated boutiques. Sincere also has a dining business that accounts for a small amount of total revenue.
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