Fulgent GeneticsFLGT +2.67%59 Median PS Value is $32.38 as of Jun. 27, 2026, which is 6508% above its 10-year median of 0.49. GuruFocus rates FLGT with a GF Score™ of 59/100 and a GF Value™ of $23.99 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 86 Medical Diagnostics & Research companies, Fulgent Genetics ranks better than 69.77% 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.
The historical rank and industry rank for Fulgent Genetics's Median PS Value or its related term are showing as below:
FLGT'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.49 Med: 0.49 Max: 0.62
Current: 0.62
During the past 12 years, the highest Price to Median PS Value of Fulgent Genetics was 0.62. The lowest was 0.49. And the median was 0.49.
FLGT's Price-to-Median-PS-Value is ranked better than 69.77% of 86
companies
in the Medical Diagnostics & Research industry
Industry Median: 0.875
vs FLGT: 0.62
Fulgent Genetics (NAS:FLGT) 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.
Fulgent Genetics's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
19.96
/
32.38
=
0.62
* 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.
Fulgent Genetics Median PS Value Related Terms
Fulgent Genetics Median PS Value Historical Data
* Premium members only.
The historical data trend for Fulgent Genetics'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.
FLGT vs CSTL, MYGN, PRE: Median PS Value Comparison
For the Diagnostics & Research subindustry, Fulgent Genetics'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.
Fulgent Genetics Price-to-Median-PS-Value vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Fulgent Genetics's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Fulgent Genetics's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.1117.
Fulgent Genetics's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.406.
* 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.
Fulgent Genetics (FLGT) has a Median PS Value of $32.38 as of Jun. 27, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Fulgent Genetics and its competitors. This is 6508% above median its historical median of 0.49. Over the past decade, Fulgent Genetics' Median PS Value has ranged from 0.49 to 0.62. According to the industry distribution chart, Fulgent Genetics ranks #26 out of 86 companies in the Medical Diagnostics & Research industry, placing it in the top 30.2%.
Is Fulgent Genetics' Median PS Value too high?
Fulgent Genetics' current Median PS Value of $32.38 is 6508% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.62. The Medical Diagnostics & Research industry median Median PS Value is 0.88. Fulgent Genetics' value of $32.38 is 3600.6% above this industry median. Based on the distribution chart, Fulgent Genetics ranks #26 out of 86 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint. Overall, Fulgent Genetics has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fulgent Genetics' Median PS Value compare to CSTL and MYGN?
According to the Medical Diagnostics & Research industry distribution chart, Fulgent Genetics ranks #26 out of 86 companies for Median PS Value. This puts Fulgent Genetics in the upper half of its industry. The industry median Median PS Value is 0.88. Fulgent Genetics' value of $32.38 is 3600.6% above this benchmark. Historically, Fulgent Genetics' own Median PS Value has ranged from 0.49 to 0.62 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.88, Fulgent Genetics has consistently been above the industry average. 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 Medical Diagnostics & Research company?
The median Median PS Value among Medical Diagnostics & Research companies is 0.88, based on 86 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. Fulgent Genetics's current Median PS Value of $32.38 is 3600.6% above the industry median. 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 Fulgent Genetics and its competitors. For the Medical Diagnostics & Research industry, the median Median PS Value is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulgent Genetics's current Median PS Value is $32.38, which is 6508% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulgent Genetics stock overvalued right now?
Based on GuruFocus' analysis, Fulgent Genetics (FLGT) is currently considered Modestly Undervalued. The stock's GF Value™ is $23.99, compared to a current price of $19.96 — trading 16.8% below its estimated fair value. The current Median PS Value is $32.38, which is 6508% above median its 10-year median of 0.49 and 3600.6% above the Medical Diagnostics & Research industry median of 0.88. Fulgent Genetics' overall GF Score™ is 59/100 with 4 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 Fulgent Genetics (FLGT), the current Median PS Value is $32.38 as of Jun. 27, 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 Fulgent Genetics (FLGT) Overvalued in 2026?
Based on GuruFocus' analysis, Fulgent Genetics stock appears to be undervalued.
The current stock price of $19.96 is trading 16.8% below its estimated GF Value™ of $23.99.
GuruFocus considers Fulgent Genetics to be Modestly Undervalued.
Key valuation signals for FLGT:
Median PS Value: $32.38 (6508% above median its 10-year median of 0.49)
GF Value™: $23.99 vs. price of $19.96 (16.8% below fair value)
Industry Position: 3600.6% above the Medical Diagnostics & Research median (#26 of 86)
No single metric tells the full story. See the FLGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fulgent Genetics Inc is a technology company that focuses on genetic testing to provide physicians with clinically actionable diagnostic information. The company is engaged in the laboratory services business and the therapeutic development business. The laboratory services business, which generates key revenue, includes technical laboratory services and professional interpretation of laboratory results by licensed physicians. Its therapeutic development business is focused on developing drug candidates for treating a broad range of cancers. The geographical segments are the United States, which generates the vast majority of the revenue, and Foreign.
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