Associate Global PartnersASX:APL 31 PS Ratio is 1.87 as of Jun. 29, 2026, which is 74% below its 10-year median of 7.32. GuruFocus rates ASX:APL with a GF Score™ of 31/100 and a GF Value™ of A$0.18 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,406 Asset Management companies, Associate Global Partners ranks better than 87.13% 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, Associate Global Partners's share price is A$0.23.
Associate Global Partners's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.12. Hence, Associate Global Partners's PS Ratio for today is 1.87.
The historical rank and industry rank for Associate Global Partners's PS Ratio or its related term are showing as below:
ASX:APL'
s PS Ratio Range Over the Past 10 Years
Min: 0.7 Med: 7.32 Max: 310
Current: 1.87
During the past 13 years, Associate Global Partners's highest PS Ratio was 310.00. The lowest was 0.70. And the median was 7.32.
ASX:APL's PS Ratio is ranked better than 87.13% of 1406
companies
in the Asset Management industry
Industry Median: 7.345
vs ASX:APL: 1.87
During the past 12 months, the average Revenue per Share Growth Rate of Associate Global Partners was 20.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 0.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 28.60% per year.
During the past 13 years, Associate Global Partners's highest 3-Year average Revenue per Share Growth Rate was 83.90% per year. The lowest was -78.20% per year. And the median was -19.50% per year.
Back to Basics: PS Ratio
Associate Global Partners (ASX:APL) 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.
Associate Global Partners PS Ratio Related Terms
Associate Global Partners PS Ratio Historical Data
* 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 Asset Management subindustry, Associate Global Partners'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.
Associate Global Partners PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Associate Global Partners's PS Ratio distribution charts can be found below:
* The bar in red indicates where Associate Global Partners'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.
Associate Global Partners's Share Price of today is A$0.23.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Associate Global Partners's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.12.
* 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:
Associate Global Partners (ASX:APL) has a PS Ratio of 1.87 as of Jun. 29, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Associate Global Partners and its competitors. This is 74% below median its historical median of 7.32. Over the past decade, Associate Global Partners' PS Ratio has ranged from 0.70 to 310.00. According to the industry distribution chart, Associate Global Partners ranks #181 out of 1406 companies in the Asset Management industry, placing it in the top 12.9%.
Is Associate Global Partners' PS Ratio too high?
Associate Global Partners' current PS Ratio of 1.87 is 74% below median its 10-year median of 7.32. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 310.00. The Asset Management industry median PS Ratio is 7.35. Associate Global Partners' value of 1.87 is 74.5% below this industry median. Based on the distribution chart, Associate Global Partners ranks #181 out of 1406 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Associate Global Partners has a GF Score™ of 31/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Associate Global Partners' PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Associate Global Partners ranks #181 out of 1406 companies for PS Ratio. This places Associate Global Partners in the top 13% of its industry — outperforming the majority of peers. The industry median PS Ratio is 7.35. Associate Global Partners' value of 1.87 is 74.5% below this benchmark. Historically, Associate Global Partners' own PS Ratio has ranged from 0.70 to 310.00 over the past decade. While the company's 10-year median is 7.32 vs. the industry median of 7.35, Associate Global Partners 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 an Asset Management company?
The median PS Ratio among Asset Management companies is 7.35, based on 1,406 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. Associate Global Partners's current PS Ratio of 1.87 is 74.5% 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 Associate Global Partners and its competitors. For the Asset Management industry, the median PS Ratio is 7.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associate Global Partners's current PS Ratio is 1.87, which is 74% below median its own 10-year median of 7.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associate Global Partners stock overvalued right now?
Based on GuruFocus' analysis, Associate Global Partners (ASX:APL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.18, compared to a current price of A$0.23 — trading 27.8% above its estimated fair value. The current PS Ratio is 1.87, which is 74% below median its 10-year median of 7.32 and 74.5% below the Asset Management industry median of 7.35. Associate Global Partners' overall GF Score™ is 31/100 with 1 warning sign 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 Associate Global Partners (ASX:APL), the current PS Ratio is 1.87 as of Jun. 29, 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 Associate Global Partners (ASX:APL) Overvalued in 2026?
Based on GuruFocus' analysis, Associate Global Partners stock appears to be overvalued.
The current stock price of A$0.23 is trading 27.8% above its estimated GF Value™ of A$0.18.
GuruFocus considers Associate Global Partners to be Modestly Overvalued.
Key valuation signals for ASX:APL:
PS Ratio: 1.87 (74% below median its 10-year median of 7.32)
GF Value™: A$0.18 vs. price of A$0.23 (27.8% above fair value)
Industry Position: 74.5% below the Asset Management median (#181 of 1406)
No single metric tells the full story. See the ASX:APL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associate Global Partners Ltd is an independent, multi-boutique asset management firm. It has developed a distribution platform that provides investment managers with an end-to-end distribution solution that promotes their brand and grows funds under management (FUM).
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