Affluent Partners Price/Sales
What is the Price/Sales of Affluent Partners?
The Price/Sales of Affluent Partners Holdings Limited is 4.53
What is the definition of Price/Sales?
Price to sales ratio is a company’s stock price compared to its revenues.
ttm (trailing twelve months)
The price to sales ratio, Price/Sales ratio, P/S ratio, or PSR, is a valuation metric for stocks. It is calculated by dividing the company's market cap by the revenue in the most recent year. It can also be calculated by dividing the per-share stock price by per-share revenue. The price to sales ratio is for trailing twelve months so the reported sales are for the four previous quarters. Longer time periods can be examined at times.
A smaller price to sales ratio is usually thought to be a better investment since the investor is paying less for each unit of sales. However, sales do not reveal the whole picture, as the company may be unprofitable with a low P/S ratio. Because of the limitations, this ratio is usually used only for unprofitable companies, since they don't have a price to earnings ratio (P/E ratio). The metric can be used to determine the value of a stock relative to its past performance. It may also be used to determine relative valuation of a sector or the market as a whole.
Price to sales ratios vary greatly between sectors, so they are most useful in comparing similar stocks within a sector or sub-sector. Comparing P/S ratios carries the implicit assumption that all firms in the comparison have an identical capital structure.
Price/Sales of companies in the Consumer Discretionary sector on HKSE compared to Affluent Partners
What does Affluent Partners do?
Affluent Partners Holdings Limited, an investment holding company, engages in the purchasing, processing, designing, production, assembling, trading, and wholesale distribution of pearls and jewelry products. The company operates through two segments, Sale of Pearls and Jewellery Products, and Strategic Investment and Financial Services. It offers South Sea, Tahitian, and freshwater pearls; and a range of jewelry products on ODM and OEM basis. The company is also involved in the real estate financial assets investment business. It has operations in Hong Kong, the United Kingdom, the United States, Japan, Europe, and the People's Republic of China. The company was formerly known as Man Sang Jewellery Holdings Limited and changed its name to Affluent Partners Holdings Limited in February 2017. Affluent Partners Holdings Limited was incorporated in 2014 and is based in Central, Hong Kong.
Companies with price/sales similar to Affluent Partners
- Bison Finance has Price/Sales of 4.52
- Havells India has Price/Sales of 4.52
- Pernod Ricard SA has Price/Sales of 4.52
- Polo Resources has Price/Sales of 4.52
- Norwood has Price/Sales of 4.52
- Adams Natural Resources Fund Inc has Price/Sales of 4.53
- Affluent Partners has Price/Sales of 4.53
- Spirent Communications Plc has Price/Sales of 4.53
- Gandhi Special Tubes has Price/Sales of 4.53
- BOC Hong Kong () has Price/Sales of 4.53
- Indiabulls Real Estate has Price/Sales of 4.53
- United Community Banks Inc has Price/Sales of 4.53
- Gujarat Pipavav Port has Price/Sales of 4.53