Plains GP Holdings LPPAGP -1.76%76 Median PS Value is $18.11 as of Jun. 25, 2026, which is 1711% above its 10-year median of 1.00. GuruFocus rates PAGP with a GF Score™ of 76/100 and a GF Value™ of $19.43 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 551 Oil & Gas companies, Plains GP Holdings LP ranks worse than 66.24% 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 Plains GP Holdings LP's Median PS Value or its related term are showing as below:
PAGP'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.59 Med: 1 Max: 1.34
Current: 1.29
During the past 13 years, the highest Price to Median PS Value of Plains GP Holdings LP was 1.34. The lowest was 0.59. And the median was 1.00.
PAGP's Price-to-Median-PS-Value is ranked worse than 66.24% of 551
companies
in the Oil & Gas industry
Industry Median: 1.1
vs PAGP: 1.29
Plains GP Holdings LP (NAS:PAGP) 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.
Plains GP Holdings LP's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
23.41
/
18.11
=
1.29
* 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.
Plains GP Holdings LP Median PS Value Related Terms
Plains GP Holdings LP Median PS Value Historical Data
* Premium members only.
The historical data trend for Plains GP Holdings LP'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.
PAGP vs HESM, GLNG, INSW: Median PS Value Comparison
For the Oil & Gas Midstream subindustry, Plains GP Holdings LP'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.
Plains GP Holdings LP Price-to-Median-PS-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Plains GP Holdings LP's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Plains GP Holdings LP's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.0855.
Plains GP Holdings LP'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 $211.757.
* 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.
Plains GP Holdings LP (PAGP) has a Median PS Value of $18.11 as of Jun. 25, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Plains GP Holdings LP and its competitors. This is 1711% above median its historical median of 1.00. Over the past decade, Plains GP Holdings LP's Median PS Value has ranged from 0.59 to 1.34. According to the industry distribution chart, Plains GP Holdings LP ranks #365 out of 551 companies in the Oil & Gas industry, placing it in the top 66.2%.
Is Plains GP Holdings LP's Median PS Value too high?
Plains GP Holdings LP's current Median PS Value of $18.11 is 1711% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.34. The Oil & Gas industry median Median PS Value is 1.10. Plains GP Holdings LP's value of $18.11 is 1546.4% above this industry median. Based on the distribution chart, Plains GP Holdings LP ranks #365 out of 551 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Plains GP Holdings LP has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains GP Holdings LP's Median PS Value compare to HESM and GLNG?
According to the Oil & Gas industry distribution chart, Plains GP Holdings LP ranks #365 out of 551 companies for Median PS Value. This places Plains GP Holdings LP in the lower half of its industry. The industry median Median PS Value is 1.10. Plains GP Holdings LP's value of $18.11 is 1546.4% above this benchmark. Historically, Plains GP Holdings LP's own Median PS Value has ranged from 0.59 to 1.34 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.10, Plains GP Holdings LP 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 an Oil & Gas company?
The median Median PS Value among Oil & Gas companies is 1.10, based on 551 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. Plains GP Holdings LP's current Median PS Value of $18.11 is 1546.4% 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 Plains GP Holdings LP and its competitors. For the Oil & Gas industry, the median Median PS Value is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plains GP Holdings LP's current Median PS Value is $18.11, which is 1711% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains GP Holdings LP stock overvalued right now?
Based on GuruFocus' analysis, Plains GP Holdings LP (PAGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.43, compared to a current price of $23.41 — trading 20.5% above its estimated fair value. The current Median PS Value is $18.11, which is 1711% above median its 10-year median of 1.00 and 1546.4% above the Oil & Gas industry median of 1.10. Plains GP Holdings LP's overall GF Score™ is 76/100 with 11 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 Plains GP Holdings LP (PAGP), the current Median PS Value is $18.11 as of Jun. 25, 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 Plains GP Holdings LP (PAGP) Overvalued in 2026?
Based on GuruFocus' analysis, Plains GP Holdings LP stock appears to be overvalued.
The current stock price of $23.41 is trading 20.5% above its estimated GF Value™ of $19.43.
GuruFocus considers Plains GP Holdings LP to be Modestly Overvalued.
Key valuation signals for PAGP:
Median PS Value: $18.11 (1711% above median its 10-year median of 1.00)
GF Value™: $19.43 vs. price of $23.41 (20.5% above fair value)
Industry Position: 1546.4% above the Oil & Gas median (#365 of 551)
No single metric tells the full story. See the PAGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), and natural gas. The group manages its operations through two operating segments: Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines (including gathering systems), trucks, and, at times, on barges or railcars; and NGL segment operations involve NGL storage and terminalling from NGL assets located in the Southwestern United States. It generates the majority of its revenue from the Crude Oil segment. Its geographic markets are the United States and Canada. It generates the majority of its revenue from the United States.
76GF Score
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