Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NZXNZSTF 52 Median PS Value is $0.85 as of Jul. 21, 2026, which is 10% below its 10-year median of 0.94. GuruFocus rates NZSTF with a GF Score™ of 52/100 and a GF Value™ of $0.86 (Fairly Valued). The stock has 6 warning signs investors should review. Among 393 Capital Markets companies, NZX ranks better than 52.67% 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. NZX's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.228. NZX's 10-Year median PS Ratio is 3.7281. Therefore, the Median PS Value for today is $0.85.
As of today (2026-07-21), NZX's share price is $0.8714. NZX's Median PS Value is $0.85. Therefore, NZX's Price to Median PS Value for today is 1.03.
The historical rank and industry rank for NZX's Median PS Value or its related term are showing as below:
NZSTF'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.66 Med: 0.94 Max: 1.41
Current: 1.03
During the past 13 years, the highest Price to Median PS Value of NZX was 1.41. The lowest was 0.66. And the median was 0.94.
NZSTF's Price-to-Median-PS-Value is ranked better than 52.67% of 393
companies
in the Capital Markets industry
Industry Median: 1.04
vs NZSTF: 1.03
NZX (OTCPK:NZSTF) 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.
NZX's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.8714
/
0.85
=
1.03
* 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.
NZX Median PS Value Related Terms
NZX Median PS Value Historical Data
* Premium members only.
The historical data trend for NZX'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.
NZSTF vs SPGI, CME, MCO: Median PS Value Comparison
For the Financial Data & Stock Exchanges subindustry, NZX'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.
NZX Price-to-Median-PS-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, NZX's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where NZX's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.7281.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NZX's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.228.
* 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.
NZX (NZSTF) has a Median PS Value of $0.85 as of Jul. 21, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on NZX and its competitors. This is 10% below median its historical median of 0.94. Over the past decade, NZX's Median PS Value has ranged from 0.66 to 1.41. According to the industry distribution chart, NZX ranks #186 out of 393 companies in the Capital Markets industry, placing it in the top 47.3%.
Is NZX's Median PS Value too high?
NZX's current Median PS Value of $0.85 is 10% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.41. The Capital Markets industry median Median PS Value is 1.04. NZX's value of $0.85 is 18.3% below this industry median. Based on the distribution chart, NZX ranks #186 out of 393 companies in the Capital Markets industry, which is above the industry midpoint. Overall, NZX has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NZX's Median PS Value compare to SPGI and CME?
According to the Capital Markets industry distribution chart, NZX ranks #186 out of 393 companies for Median PS Value. This puts NZX in the upper half of its industry. The industry median Median PS Value is 1.04. NZX's value of $0.85 is 18.3% below this benchmark. Historically, NZX's own Median PS Value has ranged from 0.66 to 1.41 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.04, NZX has consistently been below 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 Capital Markets company?
The median Median PS Value among Capital Markets companies is 1.04, based on 393 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. NZX's current Median PS Value of $0.85 is 18.3% below 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 NZX and its competitors. For the Capital Markets industry, the median Median PS Value is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NZX's current Median PS Value is $0.85, which is 10% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NZX stock overvalued right now?
Based on GuruFocus' analysis, NZX (NZSTF) is currently considered Fairly Valued. The stock's GF Value™ is $0.86, compared to a current price of $0.87 — trading 1.3% above its estimated fair value. The current Median PS Value is $0.85, which is 10% below median its 10-year median of 0.94 and 18.3% below the Capital Markets industry median of 1.04. NZX's overall GF Score™ is 52/100 with 6 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 NZX (NZSTF), the current Median PS Value is $0.85 as of Jul. 21, 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 NZX (NZSTF) Overvalued in 2026?
Based on GuruFocus' analysis, NZX stock appears to be overvalued.
The current stock price of $0.87 is trading 1.3% above its estimated GF Value™ of $0.86.
GuruFocus considers NZX to be Fairly Valued.
Key valuation signals for NZSTF:
Median PS Value: $0.85 (10% below median its 10-year median of 0.94)
GF Value™: $0.86 vs. price of $0.87 (1.3% above fair value)
Industry Position: 18.3% below the Capital Markets median (#186 of 393)
No single metric tells the full story. See the NZSTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NZX Ltd operates New Zealand's equity, debt, funds, derivatives and energy markets. To support the growth of its markets, it provides trading, clearing, settlement, depository, and information services for its customers. The company also owns Smart, New Zealand issuer of listed Exchange Traded Funds (ETFs); KiwiSaver, investment, superannuation and insurance provider SuperLife; and diversified fund manager QuayStreet Asset Management. Its segments include Markets, Funds Management (Smart), Wealth Technologies, and Corporate. It derives majority of the revenue from Markets segment which includes Capital Markets Origination, Secondary Markets, and Information Services.
52GF Score
Get the complete analysis for NZSTF
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NZSTF has been successfully added to your 
