Smith Micro SoftwareSMSI -1.43%60 Median PS Value is $5.45 as of Jun. 24, 2026, which is 362% above its 10-year median of 1.18. GuruFocus rates SMSI with a GF Score™ of 60/100 and a GF Value™ of $2.38 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,065 Software companies, Smith Micro Software ranks better than 73.99% 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 Smith Micro Software's Median PS Value or its related term are showing as below:
SMSI'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.28 Med: 1.18 Max: 4.03
Current: 0.5
During the past 13 years, the highest Price to Median PS Value of Smith Micro Software was 4.03. The lowest was 0.28. And the median was 1.18.
SMSI's Price-to-Median-PS-Value is ranked better than 73.99% of 1065
companies
in the Software industry
Industry Median: 0.82
vs SMSI: 0.50
Smith Micro Software (NAS:SMSI) 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.
Smith Micro Software's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
2.75
/
5.45
=
0.50
* 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.
Smith Micro Software Median PS Value Related Terms
Smith Micro Software Median PS Value Historical Data
* Premium members only.
The historical data trend for Smith Micro Software'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.
SMSI vs CYN, FALC, INUV: Median PS Value Comparison
For the Software - Application subindustry, Smith Micro Software'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.
Smith Micro Software Price-to-Median-PS-Value vs Software Industry
For the Software industry and Technology sector, Smith Micro Software's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Smith Micro Software's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.4226.
Smith Micro Software'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 $3.831.
* 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.
Smith Micro Software (SMSI) has a Median PS Value of $5.45 as of Jun. 24, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Smith Micro Software and its competitors. This is 362% above median its historical median of 1.18. Over the past decade, Smith Micro Software's Median PS Value has ranged from 0.28 to 4.03. According to the industry distribution chart, Smith Micro Software ranks #277 out of 1065 companies in the Software industry, placing it in the top 26%.
Is Smith Micro Software's Median PS Value too high?
Smith Micro Software's current Median PS Value of $5.45 is 362% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 4.03. The Software industry median Median PS Value is 0.82. Smith Micro Software's value of $5.45 is 564.6% above this industry median. Based on the distribution chart, Smith Micro Software ranks #277 out of 1065 companies in the Software industry, which is above the industry midpoint. Overall, Smith Micro Software has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smith Micro Software's Median PS Value compare to CYN and FALC?
According to the Software industry distribution chart, Smith Micro Software ranks #277 out of 1065 companies for Median PS Value. This puts Smith Micro Software in the upper half of its industry. The industry median Median PS Value is 0.82. Smith Micro Software's value of $5.45 is 564.6% above this benchmark. Historically, Smith Micro Software's own Median PS Value has ranged from 0.28 to 4.03 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 0.82, Smith Micro Software 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 Software company?
The median Median PS Value among Software companies is 0.82, based on 1,065 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. Smith Micro Software's current Median PS Value of $5.45 is 564.6% 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 Smith Micro Software and its competitors. For the Software industry, the median Median PS Value is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smith Micro Software's current Median PS Value is $5.45, which is 362% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith Micro Software stock overvalued right now?
Based on GuruFocus' analysis, Smith Micro Software (SMSI) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.38, compared to a current price of $2.75 — trading 15.5% above its estimated fair value. The current Median PS Value is $5.45, which is 362% above median its 10-year median of 1.18 and 564.6% above the Software industry median of 0.82. Smith Micro Software's overall GF Score™ is 60/100 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 Smith Micro Software (SMSI), the current Median PS Value is $5.45 as of Jun. 24, 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 Smith Micro Software (SMSI) Overvalued in 2026?
Based on GuruFocus' analysis, Smith Micro Software stock appears to be overvalued.
The current stock price of $2.75 is trading 15.5% above its estimated GF Value™ of $2.38.
GuruFocus considers Smith Micro Software to be Modestly Overvalued.
Key valuation signals for SMSI:
Median PS Value: $5.45 (362% above median its 10-year median of 1.18)
GF Value™: $2.38 vs. price of $2.75 (15.5% above fair value)
Industry Position: 564.6% above the Software median (#277 of 1065)
No single metric tells the full story. See the SMSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smith Micro Software Inc provides software solutions that simplify and enhance the mobile experience to some of the wireless service providers around the globe. The company's solutions include SafePath product suite provides comprehensive and easy-to-use tools to protect family digital lifestyles and manage connected devices both inside and outside the home; CommSuite premium messaging platform helps mobile service providers deliver a next-generation voicemail experience to mobile subscribers, while monetizing a legacy cost-center; and ViewSpot its retail display management platform provided wireless carriers and retailers with a way to bring powerful on-screen, interactive demos to life. It operates in single segment: Wireless.
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