The a2 Milk Co (ASX:A2M) Median PS Value: A$10.38 (As of Jun. 26, 2026) — 1248% Above Median


ASX:A2M The a2 Milk Co Ltd ASX:A2M
82 GF Score
Price A$7.19
GF Value A$6.67
Valuation Fairly Valued
! 3 Warning Signs
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What is The a2 Milk Co Median PS Value?

The a2 Milk Co ASX:A2M +1.27% 82 Median PS Value is A$10.38 as of Jun. 26, 2026, which is 100% below its 10-year median of 0.77. GuruFocus rates ASX:A2M with a GF Score™ of 82/100 and a GF Value™ of A$6.67 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,139 Consumer Packaged Goods companies, The a2 Milk Co ranks better than 65.94% on this metric.

This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. The a2 Milk Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.473. The a2 Milk Co's 10-Year median PS Ratio is 4.1973. Therefore, the Median PS Value for today is A$10.38.

As of today (2026-06-26), The a2 Milk Co's share price is A$7.19. The a2 Milk Co's Median PS Value is A$10.38. Therefore, The a2 Milk Co's Price to Median PS Value for today is 0.69.

The historical rank and industry rank for The a2 Milk Co's Median PS Value or its related term are showing as below:

ASX:A2M' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.69   Med: 0.77   Max: 0.77
Current: 0.69

During the past 13 years, the highest Price to Median PS Value of The a2 Milk Co was 0.77. The lowest was 0.69. And the median was 0.77.

ASX:A2M's Price-to-Median-PS-Value is ranked better than
65.94% of 1139 companies
in the Consumer Packaged Goods industry
Industry Median: 0.83 vs ASX:A2M: 0.69

The a2 Milk Co  (ASX:A2M) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

The a2 Milk Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=7.19/10.38
=0.69

* 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.


The a2 Milk Co Median PS Value Related Terms


The a2 Milk Co Median PS Value Historical Data

* Premium members only.

The historical data trend for The a2 Milk Co's Median PS Value 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.

The a2 Milk Co Median PS Value Chart

The a2 Milk Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 10.38

The a2 Milk Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 10.38 0.00

ASX:A2M vs KHC, GIS: Median PS Value Comparison

For the Packaged Foods subindustry, The a2 Milk Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


The a2 Milk Co Price-to-Median-PS-Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The a2 Milk Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where The a2 Milk Co's Price-to-Median-PS-Value falls into.


ASX:A2M
82GF Score
The a2 Milk Co Ltd ASX:A2M
Median PS Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The a2 Milk Co Median PS Value Calculation

The a2 Milk Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=2.473*4.1973
=10.38

10-Year Median PS Ratio is 4.1973.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. The a2 Milk Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.473.

* 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.

Frequently Asked Questions Learn more about Median PS Value →
What does a Median PS Value of A$10.38 mean?
The a2 Milk Co (ASX:A2M) has a Median PS Value of A$10.38 as of Jun. 26, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on The a2 Milk Co and its competitors. This is 1248% above median its historical median of 0.77. Over the past decade, The a2 Milk Co's Median PS Value has ranged from 0.69 to 0.77. According to the industry distribution chart, The a2 Milk Co ranks #388 out of 1139 companies in the Consumer Packaged Goods industry, placing it in the top 34.1%.
Is The a2 Milk Co's Median PS Value too high?
The a2 Milk Co's current Median PS Value of A$10.38 is 1248% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 0.77. Based on the distribution chart, The a2 Milk Co ranks #388 out of 1139 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, The a2 Milk Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The a2 Milk Co's Median PS Value compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, The a2 Milk Co ranks #388 out of 1139 companies for Median PS Value. This puts The a2 Milk Co in the upper half of its industry. The industry median Median PS Value is 0.83. Historically, The a2 Milk Co's own Median PS Value has ranged from 0.69 to 0.77 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Consumer Packaged Goods company?
The median Median PS Value among Consumer Packaged Goods companies is 0.83, based on 1,139 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on The a2 Milk Co and its competitors. For the Consumer Packaged Goods industry, the median Median PS Value is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The a2 Milk Co's current Median PS Value is A$10.38, which is 1248% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The a2 Milk Co stock overvalued right now?
Based on GuruFocus' analysis, The a2 Milk Co (ASX:A2M) is currently considered Fairly Valued. The stock's GF Value™ is A$6.67, compared to a current price of A$7.19 — trading 7.8% above its estimated fair value. The current Median PS Value is A$10.38, which is 1248% above median its 10-year median of 0.77. The a2 Milk Co's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For The a2 Milk Co (ASX:A2M), the current Median PS Value is A$10.38 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The a2 Milk Co (ASX:A2M) Overvalued in 2026?

Based on GuruFocus' analysis, The a2 Milk Co stock appears to be overvalued. The current stock price of A$7.19 is trading 7.8% above its estimated GF Value™ of A$6.67. GuruFocus considers The a2 Milk Co to be Fairly Valued.

Key valuation signals for ASX:A2M:

  • Median PS Value: A$10.38 (1248% above median its 10-year median of 0.77)
  • GF Value™: A$6.67 vs. price of A$7.19 (7.8% above fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the ASX:A2M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The a2 Milk Co Business Description

Address 51 Shortland Street, Level 10, Auckland, NTL, NZL, 1010
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.
82GF Score

Get the complete analysis for ASX:A2M

Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$7.19
Price
A$6.67
GF Value