Valuation multiples › P/S ratio
P/S ratio by sector and industry
Price-to-sales ratio: median and quartiles across 11 GICS sectors and 169 industries, from 27,628 valued stocks worldwide.
As of October 21, 2026 · updated daily · CSVJSON
What the numbers show
The lowest sector median is 0.94 (Consumer Staples, 1,613 values), the highest 3.24 (Real Estate, 1,687 values).
That is a factor of 3.5 between the two: the same ratio means different things in different sectors, so compare within the industry.
The middle sector (Energy) has a median of 1.50; half of its 884 stocks sit between 0.64 and 2.98.
P/S ratio by sector
| Sector | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Consumer Staples | 0.43 | 0.94 | 1.91 | 1,613 |
| Consumer Discretionary | 0.43 | 0.96 | 2.09 | 3,418 |
| Materials | 0.54 | 1.23 | 2.82 | 2,960 |
| Communication Services | 0.62 | 1.32 | 2.97 | 1,032 |
| Industrials | 0.60 | 1.33 | 2.92 | 5,089 |
| Energy | 0.64 | 1.50 | 2.98 | 884 |
| Utilities | 0.87 | 1.83 | 3.55 | 630 |
| Information Technology | 0.90 | 2.19 | 5.03 | 3,451 |
| Health Care | 1.15 | 2.57 | 5.55 | 2,103 |
| Financials | 1.64 | 3.05 | 4.91 | 2,857 |
| Real Estate | 1.15 | 3.24 | 6.36 | 1,687 |
P/S ratio by industry (169)
Grouped by sector, sorted by median within each sector. Only industries with at least ten valued stocks.
Communication Services (7)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Broadcasting | 0.39 | 0.75 | 1.37 | 63 |
| Advertising Agencies | 0.40 | 0.82 | 1.78 | 173 |
| Publishing | 0.53 | 1.03 | 2.16 | 95 |
| Telecom Services | 0.75 | 1.36 | 2.52 | 227 |
| Internet Content & Information | 0.62 | 1.57 | 3.73 | 124 |
| Entertainment | 0.68 | 1.65 | 3.92 | 212 |
| Electronic Gaming & Multimedia | 1.03 | 2.10 | 4.39 | 132 |
Consumer Discretionary (28)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Automobiles & Auto Parts | 0.13 | 0.29 | 0.39 | 12 |
| Textile Industrial | 0.23 | 0.30 | 0.38 | 12 |
| Auto & Truck Dealerships | 0.16 | 0.33 | 1.02 | 81 |
| Specialty Retail | 0.33 | 0.60 | 1.09 | 194 |
| Home Improvement Retail | 0.27 | 0.60 | 1.20 | 31 |
| Apparel Retail | 0.36 | 0.63 | 1.51 | 93 |
| Auto Manufacturers | 0.33 | 0.64 | 1.24 | 98 |
| Recreational Vehicles | 0.42 | 0.65 | 1.12 | 31 |
| Residential Construction | 0.39 | 0.76 | 1.48 | 61 |
| Textiles | 0.28 | 0.77 | 1.88 | 31 |
| Apparel Manufacturing | 0.42 | 0.79 | 1.80 | 207 |
| Internet Retail | 0.38 | 0.85 | 2.10 | 92 |
| Furnishings, Fixtures & Appliances | 0.41 | 0.86 | 1.76 | 297 |
| Department Stores | 0.38 | 0.87 | 2.24 | 104 |
| Textile Manufacturing | 0.41 | 0.92 | 1.92 | 323 |
| Discount Stores | 0.61 | 0.93 | 1.47 | 22 |
| Footwear & Accessories | 0.52 | 0.93 | 1.81 | 93 |
| Restaurants | 0.49 | 0.94 | 1.91 | 194 |
| Auto Parts | 0.42 | 0.99 | 1.95 | 640 |
| Travel Services | 0.57 | 1.11 | 2.85 | 86 |
| Luxury Goods | 0.49 | 1.11 | 2.17 | 119 |
| Consumer Electronics | 0.58 | 1.13 | 2.21 | 112 |
| Gambling | 0.75 | 1.16 | 2.65 | 42 |
| Leisure | 0.63 | 1.28 | 2.56 | 166 |
| Resorts & Casinos | 0.66 | 1.31 | 2.77 | 69 |
| Personal Services | 0.83 | 1.38 | 2.64 | 35 |
| Education & Training Services | 0.84 | 1.44 | 3.29 | 111 |
| Lodging | 1.35 | 2.55 | 4.80 | 150 |
Consumer Staples (13)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Food Distribution | 0.24 | 0.44 | 0.99 | 83 |
| Food Products | 0.23 | 0.50 | 0.91 | 11 |
| Pharmaceutical Retailers | 0.27 | 0.51 | 1.08 | 51 |
| Grocery Stores | 0.30 | 0.58 | 0.97 | 70 |
| Confectioners | 0.36 | 0.65 | 1.25 | 76 |
| Packaged Foods | 0.34 | 0.82 | 1.62 | 597 |
| Farm Products | 0.53 | 1.09 | 2.26 | 278 |
| Agricultural Products | 0.45 | 1.28 | 5.72 | 11 |
| Household & Personal Products | 0.61 | 1.29 | 2.43 | 231 |
| Beverages - Non-Alcoholic | 0.77 | 1.55 | 2.52 | 82 |
| Beverages - Brewers | 0.95 | 1.58 | 3.13 | 52 |
| Beverages - Wineries & Distilleries | 0.58 | 1.63 | 3.75 | 86 |
| Tobacco | 1.17 | 1.71 | 3.25 | 29 |
Energy (8)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Oil & Gas Refining & Marketing | 0.21 | 0.42 | 0.89 | 106 |
| Oil & Gas Integrated | 0.62 | 1.20 | 2.02 | 42 |
| Oil & Gas Drilling | 0.48 | 1.25 | 2.30 | 31 |
| Oil & Gas Equipment & Services | 0.71 | 1.35 | 2.48 | 168 |
| Thermal Coal | 0.61 | 1.38 | 2.25 | 82 |
| Oil & Gas Midstream | 0.97 | 2.46 | 4.37 | 80 |
| Oil & Gas E&P | 1.56 | 2.68 | 4.64 | 234 |
| Uranium | 4.00 | 5.41 | 17.41 | 12 |
Financials (19)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Shell Companies | 0.18 | 0.97 | 10.53 | 21 |
| Insurance - Diversified | 0.60 | 1.00 | 1.70 | 79 |
| Insurance - Property & Casualty | 0.55 | 1.05 | 1.73 | 113 |
| Insurance - Reinsurance | 0.72 | 1.12 | 1.40 | 24 |
| Insurance - Life | 0.71 | 1.12 | 2.16 | 81 |
| Insurance - Specialty | 0.85 | 1.43 | 3.35 | 25 |
| Investment Banking & Investment Services | 0.76 | 2.07 | 5.66 | 14 |
| Credit Services | 1.43 | 2.62 | 5.90 | 294 |
| Mortgage Finance | 1.26 | 2.69 | 6.46 | 52 |
| Insurance Brokers | 0.54 | 3.05 | 4.16 | 35 |
| Financial Conglomerates | 1.36 | 3.06 | 5.03 | 53 |
| Banks - Regional | 2.37 | 3.34 | 4.37 | 997 |
| Capital Markets | 1.31 | 3.35 | 6.45 | 417 |
| REIT - Mortgage | 2.03 | 3.68 | 4.79 | 34 |
| Asset Management | 2.03 | 3.75 | 7.96 | 541 |
| Banks - Diversified | 3.15 | 3.84 | 4.83 | 44 |
| Specialized Finance | 2.70 | 4.91 | 9.55 | 11 |
| Diversified Financial Services | 1.96 | 5.08 | 21.40 | 15 |
| Financial Data & Stock Exchanges | 4.66 | 8.18 | 10.88 | 50 |
Health Care (11)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Medical Distribution | 0.21 | 0.47 | 0.97 | 76 |
| Healthcare Plans | 0.36 | 0.66 | 0.85 | 13 |
| Pharmaceuticals | 0.66 | 1.17 | 2.78 | 44 |
| Medical Care Facilities | 0.86 | 1.62 | 2.52 | 229 |
| Drug Manufacturers - Specialty & Generic | 1.09 | 2.22 | 4.04 | 546 |
| Medical Instruments & Supplies | 1.22 | 2.53 | 4.26 | 177 |
| Health Information Services | 1.48 | 2.65 | 4.76 | 113 |
| Diagnostics & Research | 1.64 | 2.71 | 6.33 | 119 |
| Medical Devices | 1.38 | 2.73 | 5.45 | 301 |
| Drug Manufacturers - General | 1.62 | 3.21 | 6.14 | 74 |
| Biotechnology | 2.79 | 6.18 | 14.05 | 437 |
Industrials (29)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Staffing & Employment Services | 0.17 | 0.31 | 0.72 | 79 |
| Professional & Commercial Services | 0.42 | 0.53 | 1.24 | 11 |
| Airlines | 0.29 | 0.65 | 1.07 | 51 |
| Integrated Freight & Logistics | 0.33 | 0.66 | 1.54 | 196 |
| Industrial Distribution | 0.35 | 0.82 | 1.44 | 105 |
| Trucking | 0.45 | 0.87 | 1.33 | 42 |
| Engineering & Construction | 0.40 | 0.87 | 1.89 | 767 |
| Conglomerates | 0.39 | 0.99 | 2.59 | 334 |
| Rental & Leasing Services | 0.56 | 1.04 | 2.28 | 84 |
| Building Products & Equipment | 0.57 | 1.06 | 1.95 | 249 |
| Farm & Heavy Construction Machinery | 0.48 | 1.09 | 2.25 | 144 |
| Construction & Engineering | 0.65 | 1.11 | 2.96 | 16 |
| Specialty Business Services | 0.51 | 1.15 | 2.49 | 225 |
| Machinery, Tools, Heavy Vehicles, Trains & Ships | 0.36 | 1.19 | 2.71 | 39 |
| Business Equipment & Supplies | 0.54 | 1.21 | 2.01 | 71 |
| Consulting Services | 0.63 | 1.38 | 2.76 | 70 |
| Industrial Machinery | 0.93 | 1.43 | 2.25 | 17 |
| Tools & Accessories | 0.82 | 1.45 | 2.53 | 119 |
| Metal Fabrication | 0.57 | 1.47 | 3.29 | 242 |
| Aerospace & Defense | 0.99 | 1.50 | 2.13 | 10 |
| Pollution & Treatment Controls | 0.94 | 1.63 | 3.62 | 82 |
| Airports & Air Services | 1.06 | 1.74 | 3.78 | 49 |
| Railroads | 0.75 | 1.85 | 4.07 | 100 |
| Electrical Equipment & Parts | 0.95 | 1.87 | 3.67 | 530 |
| Waste Management | 0.81 | 1.92 | 3.64 | 149 |
| Marine Shipping | 1.05 | 1.92 | 3.04 | 216 |
| Infrastructure Operations | 0.94 | 2.09 | 4.41 | 62 |
| Specialty Industrial Machinery | 1.05 | 2.14 | 3.97 | 773 |
| Aerospace & Defense | 1.57 | 2.90 | 6.04 | 222 |
Information Technology (18)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Computers, Phones & Household Electronics | 0.24 | 0.35 | 0.78 | 11 |
| Electronic Equipment & Parts | 0.20 | 0.45 | 0.86 | 19 |
| Electronics & Computer Distribution | 0.19 | 0.45 | 1.01 | 153 |
| Communications & Networking | 0.26 | 1.07 | 1.74 | 12 |
| Information Technology Services | 0.54 | 1.16 | 2.79 | 447 |
| Software & IT Services | 0.80 | 1.19 | 2.11 | 31 |
| Security & Protection Services | 0.72 | 1.34 | 2.79 | 103 |
| Computer Hardware | 0.55 | 1.40 | 2.71 | 201 |
| Solar | 0.77 | 1.51 | 3.29 | 92 |
| Communication Equipment | 0.91 | 1.84 | 4.57 | 289 |
| Electronic Components | 1.04 | 2.20 | 4.79 | 639 |
| Semiconductors & Semiconductor Equipment | 1.00 | 2.34 | 8.85 | 42 |
| Software - Infrastructure | 1.14 | 2.40 | 5.27 | 322 |
| IT Services | 1.44 | 2.43 | 7.49 | 27 |
| Software - Application | 1.14 | 2.70 | 5.22 | 607 |
| Scientific & Technical Instruments | 1.47 | 3.28 | 5.69 | 156 |
| Semiconductors | 2.16 | 4.27 | 8.98 | 334 |
| Semiconductor Equipment & Materials | 2.14 | 4.65 | 10.30 | 221 |
Materials (18)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Containers & Packaging | 0.29 | 0.58 | 0.98 | 21 |
| Paper & Paper Products | 0.29 | 0.62 | 1.10 | 115 |
| Steel | 0.30 | 0.65 | 1.40 | 392 |
| Lumber & Wood Production | 0.32 | 0.71 | 1.96 | 70 |
| Other | 0.41 | 0.78 | 2.71 | 34 |
| Aluminum | 0.44 | 0.79 | 1.35 | 74 |
| Packaging & Containers | 0.42 | 0.81 | 1.71 | 249 |
| Coking Coal | 0.71 | 0.93 | 1.97 | 18 |
| Agricultural Inputs | 0.54 | 0.95 | 1.96 | 153 |
| Building Materials | 0.62 | 1.09 | 1.85 | 246 |
| Chemicals | 0.65 | 1.31 | 2.56 | 329 |
| Specialty Chemicals | 0.72 | 1.39 | 2.98 | 697 |
| Construction Materials | 0.57 | 1.39 | 2.92 | 11 |
| Copper | 0.72 | 2.48 | 4.35 | 49 |
| Other Industrial Metals & Mining | 0.99 | 3.17 | 18.76 | 258 |
| Gold | 1.98 | 3.45 | 8.91 | 151 |
| Silver | 1.46 | 3.78 | 6.52 | 11 |
| Other Precious Metals & Mining | 1.18 | 4.06 | 11.61 | 57 |
Real Estate (12)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Real Estate - Development | 0.74 | 1.66 | 3.96 | 550 |
| REIT - Hotel & Motel | 1.31 | 2.43 | 4.17 | 30 |
| Real Estate - Diversified | 1.10 | 2.66 | 5.85 | 125 |
| Real Estate Services | 0.89 | 3.10 | 6.03 | 502 |
| Real Estate Development | 1.24 | 3.16 | 4.66 | 15 |
| REIT - Office | 2.03 | 4.16 | 6.96 | 69 |
| REIT - Diversified | 2.90 | 4.83 | 7.93 | 140 |
| REIT - Residential | 2.27 | 5.15 | 7.63 | 42 |
| REIT - Retail | 4.72 | 6.15 | 7.71 | 91 |
| REIT - Specialty | 4.42 | 6.26 | 8.72 | 31 |
| REIT - Healthcare Facilities | 5.07 | 6.54 | 8.14 | 24 |
| REIT - Industrial | 6.00 | 7.79 | 10.15 | 52 |
Utilities (6)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Utilities - Regulated Gas | 0.47 | 1.04 | 2.29 | 103 |
| Utilities - Diversified | 0.75 | 1.47 | 2.22 | 49 |
| Utilities - Regulated Electric | 0.88 | 1.66 | 3.08 | 151 |
| Utilities - Independent Power Producers | 0.83 | 1.81 | 3.11 | 71 |
| Utilities - Regulated Water | 1.52 | 2.70 | 3.79 | 60 |
| Utilities - Renewable | 1.33 | 2.71 | 5.95 | 183 |
History of sector medians
| Month | Consumer Staples | Consumer Discretionary | Materials | Communication Services | Industrials | Energy | Utilities | Information Technology | Health Care | Financials | Real Estate |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-09 | 0.67 | 0.76 | 1.10 | 0.89 | 1.05 | 1.33 | 1.63 | 1.58 | 2.05 | 2.77 | 1.93 |
| 2026-10 | 0.84 | 0.86 | 1.21 | 1.08 | 1.23 | 1.44 | 1.68 | 1.86 | 2.23 | 3.03 | 2.29 |
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Suggested citation: Fair Value Calculator (2026): Price-to-sales ratio by sector and industry, as of October 21, 2026. https://www.fairvalue-calculator.com/valuation-multiples/ps-ratio
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Not financial advice. Metrics from reported filings (latest fiscal year or trailing twelve months), percentiles over the visible Fair Value Calculator universe; negative multiples are excluded and outliers beyond the 90th percentile are never the basis of a statement.