ArdelyxARDX +1.93%75 PS Ratio is 2.99 as of Jul. 02, 2026, which is 73% below its 10-year median of 10.99. GuruFocus rates ARDX with a GF Score™ of 75/100 and a GF Value™ of $10.20 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 933 Biotechnology companies, Ardelyx ranks better than 77.38% 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, Ardelyx's share price is $5.27.
Ardelyx's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.76. Hence, Ardelyx's PS Ratio for today is 2.99.
The historical rank and industry rank for Ardelyx's PS Ratio or its related term are showing as below:
ARDX'
s PS Ratio Range Over the Past 10 Years
Min: 1.79 Med: 10.99 Max: 1327.5
Current: 3.05
During the past 13 years, Ardelyx's highest PS Ratio was 1327.50. The lowest was 1.79. And the median was 10.99.
ARDX's PS Ratio is ranked better than 77.38% of 933
companies
in the Biotechnology industry
Industry Median: 9.46
vs ARDX: 3.05
Ardelyx's Revenue per Sharefor the
three
months ended in Mar. 2026 was $0.38.
Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.76.
Warning Sign:
Ardelyx Inc revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Ardelyx was 15.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 72.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 95.90% per year.
During the past 13 years, Ardelyx's highest 3-Year average Revenue per Share Growth Rate was 144.50% per year. The lowest was -64.70% per year. And the median was 37.30% per year.
Back to Basics: PS Ratio
Ardelyx (NAS:ARDX) 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.
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.
Ardelyx PS Ratio Related Terms
Ardelyx PS Ratio Historical Data
* Premium members only.
The historical data trend for Ardelyx'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.
For the Biotechnology subindustry, Ardelyx'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.
Ardelyx PS Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Ardelyx's PS Ratio distribution charts can be found below:
* The bar in red indicates where Ardelyx's PS Ratio falls into.
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.
Ardelyx's Share Price of today is $5.27. Ardelyx'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 $1.76.
* 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:
Ardelyx (ARDX) has a PS Ratio of 2.99 as of Jul. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Ardelyx and its competitors. This is 73% below median its historical median of 10.99. Over the past decade, Ardelyx's PS Ratio has ranged from 1.79 to 1,327.50. According to the industry distribution chart, Ardelyx ranks #211 out of 933 companies in the Biotechnology industry, placing it in the top 22.6%.
Is Ardelyx's PS Ratio too high?
Ardelyx's current PS Ratio of 2.99 is 73% below median its 10-year median of 10.99. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 1,327.50. The Biotechnology industry median PS Ratio is 9.46. Ardelyx's value of 2.99 is 68.4% below this industry median. Based on the distribution chart, Ardelyx ranks #211 out of 933 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Ardelyx has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ardelyx's PS Ratio compare to AVLN and INBX?
According to the Biotechnology industry distribution chart, Ardelyx ranks #211 out of 933 companies for PS Ratio. This places Ardelyx in the top 23% of its industry — outperforming the majority of peers. The industry median PS Ratio is 9.46. Ardelyx's value of 2.99 is 68.4% below this benchmark. Historically, Ardelyx's own PS Ratio has ranged from 1.79 to 1,327.50 over the past decade. While the company's 10-year median is 10.99 vs. the industry median of 9.46, Ardelyx 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 PS Ratio for a Biotechnology company?
The median PS Ratio among Biotechnology companies is 9.46, based on 933 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. Ardelyx's current PS Ratio of 2.99 is 68.4% 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 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 Ardelyx and its competitors. For the Biotechnology industry, the median PS Ratio is 9.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ardelyx's current PS Ratio is 2.99, which is 73% below median its own 10-year median of 10.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardelyx stock overvalued right now?
Based on GuruFocus' analysis, Ardelyx (ARDX) is currently considered Possible Value Trap. The stock's GF Value™ is $10.20, compared to a current price of $5.27 — trading 48.3% below its estimated fair value. The current PS Ratio is 2.99, which is 73% below median its 10-year median of 10.99 and 68.4% below the Biotechnology industry median of 9.46. Ardelyx's overall GF Score™ is 75/100 with 6 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 Ardelyx (ARDX), the current PS Ratio is 2.99 as of Jul. 02, 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 Ardelyx (ARDX) Overvalued in 2026?
Based on GuruFocus' analysis, Ardelyx stock appears to be undervalued.
The current stock price of $5.27 is trading 48.3% below its estimated GF Value™ of $10.20.
GuruFocus considers Ardelyx to be Possible Value Trap.
Key valuation signals for ARDX:
PS Ratio: 2.99 (73% below median its 10-year median of 10.99)
GF Value™: $10.20 vs. price of $5.27 (48.3% below fair value)
Industry Position: 68.4% below the Biotechnology median (#211 of 933)
No single metric tells the full story. See the ARDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ardelyx Inc is a biopharmaceutical company developing and commercialize, first-in-class medicines that meet unmet medical needs. It has developed a platform that enabled the discovery of new biological mechanisms and pathways to develop potent and efficacious therapies that minimize the side effects and drug-drug interactions frequently encountered with traditional, systemically absorbed medicines. Its products Tenapanor, branded as IBSRELA, is used for the treatment of adults with IBS-C. Tenapanor, branded as XPHOZAH, is used to reduce serum phosphorus in adults with CKD on dialysis as add-on therapy in patients who have an inadequate response to phosphate binders or who are intolerant of any dose of phosphate binder therapy.
75GF Score
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