NVDA (NVIDIA) PS Ratio: 19.12 (As of Jun. 30, 2026) — Near Median


NVDA NVIDIA Corp NVDA
95 GF Score
Price $198.27
GF Value $349.20
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is NVIDIA PS Ratio?

NVIDIA NVDA +1.69% 95 PS Ratio is 19.12 as of Jun. 30, 2026, which is 1% below its 10-year median of 19.41. GuruFocus rates NVDA with a GF Score™ of 95/100 and a GF Value™ of $349.20 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,020 Semiconductors companies, NVIDIA ranks worse than 83.24% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, NVIDIA's share price is $198.27. NVIDIA's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $10.37. Hence, NVIDIA's PS Ratio for today is 19.12.

Good Sign:

NVIDIA Corp stock PS Ratio (=18.8) is close to 3-year low of 17.92.

The historical rank and industry rank for NVIDIA's PS Ratio or its related term are showing as below:

NVDA' s PS Ratio Range Over the Past 10 Years
Min: 5.68   Med: 19.41   Max: 45.13
Current: 19.13

During the past 13 years, NVIDIA's highest PS Ratio was 45.13. The lowest was 5.68. And the median was 19.41.

NVDA's PS Ratio is ranked worse than
83.24% of 1020 companies
in the Semiconductors industry
Industry Median: 4.385 vs NVDA: 19.13

NVIDIA's Revenue per Sharefor the three months ended in Apr. 2026 was $3.35. Its Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $10.37.

Good Sign:

NVIDIA Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of NVIDIA was 72.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 101.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 69.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 41.90% per year.

During the past 13 years, NVIDIA's highest 3-Year average Revenue per Share Growth Rate was 101.50% per year. The lowest was -3.90% per year. And the median was 18.40% per year.

Back to Basics: PS Ratio


NVIDIA  (NAS:NVDA) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


NVIDIA PS Ratio Related Terms


NVIDIA PS Ratio Historical Data

* Premium members only.

The historical data trend for NVIDIA's PS Ratio 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.

NVIDIA PS Ratio Chart

NVIDIA Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.06 18.16 25.19 22.82 21.70

NVIDIA Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
PS Ratio 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 18.13 26.54 26.59 21.70 19.25

NVDA vs AVGO, MU, AMD: PS Ratio Comparison

For the Semiconductors subindustry, NVIDIA's PS Ratio, along with its competitors' market caps and PS Ratio 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.


NVIDIA PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, NVIDIA's PS Ratio distribution charts can be found below:

* The bar in red indicates where NVIDIA's PS Ratio falls into.


NVDA
95GF Score
NVIDIA Corp NVDA
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NVIDIA PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

NVIDIA's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=198.27/10.368
=19.12

NVIDIA's Share Price of today is $198.27.
NVIDIA's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.37.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 19.12 mean?
NVIDIA (NVDA) has a PS Ratio of 19.12 as of Jun. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on NVIDIA and its competitors. This is near median its historical median of 19.41. Over the past decade, NVIDIA's PS Ratio has ranged from 5.68 to 45.13. According to the industry distribution chart, NVIDIA ranks #849 out of 1020 companies in the Semiconductors industry, placing it in the top 83.2%.
Is NVIDIA's PS Ratio too high?
NVIDIA's current PS Ratio of 19.12 is near median its 10-year median of 19.41. Over the past 10 years, this metric has ranged from a low of 5.68 to a high of 45.13. The Semiconductors industry median PS Ratio is 4.39. NVIDIA's value of 19.12 is 336% above this industry median. Based on the distribution chart, NVIDIA ranks #849 out of 1020 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, NVIDIA has a GF Score™ of 95/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NVIDIA's PS Ratio compare to AVGO and MU?
According to the Semiconductors industry distribution chart, NVIDIA ranks #849 out of 1020 companies for PS Ratio. This places NVIDIA in the lower half of its industry. The industry median PS Ratio is 4.39. NVIDIA's value of 19.12 is 336% above this benchmark. Historically, NVIDIA's own PS Ratio has ranged from 5.68 to 45.13 over the past decade. While the company's 10-year median is 19.41 vs. the industry median of 4.39, NVIDIA 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 PS Ratio for a Semiconductors company?
The median PS Ratio among Semiconductors companies is 4.39, based on 1,020 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NVIDIA's current PS Ratio of 19.12 is 336% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on NVIDIA and its competitors. For the Semiconductors industry, the median PS Ratio is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NVIDIA's current PS Ratio is 19.12, which is near median its own 10-year median of 19.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NVIDIA stock overvalued right now?
Based on GuruFocus' analysis, NVIDIA (NVDA) is currently considered Possible Value Trap. The stock's GF Value™ is $349.20, compared to a current price of $198.27 — trading 43.2% below its estimated fair value. The current PS Ratio is 19.12, which is near median its 10-year median of 19.41 and 336% above the Semiconductors industry median of 4.39. NVIDIA's overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For NVIDIA (NVDA), the current PS Ratio is 19.12 as of Jun. 30, 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 NVIDIA (NVDA) Overvalued in 2026?

Based on GuruFocus' analysis, NVIDIA stock appears to be undervalued. The current stock price of $198.27 is trading 43.2% below its estimated GF Value™ of $349.20. GuruFocus considers NVIDIA to be Possible Value Trap.

Key valuation signals for NVDA:

  • PS Ratio: 19.12 (near median its 10-year median of 19.41)
  • GF Value™: $349.20 vs. price of $198.27 (43.2% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 336% above the Semiconductors median (#849 of 1020)

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


NVIDIA Business Description

Address 2788 San Tomas Expressway, Santa Clara, CA, USA, 95051
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.
95GF Score

Get the complete analysis for NVDA

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

$198.27
Price
$349.20
GF Value