Argo Investments (ASX:ARG) PS Ratio: 23.10 (As of Jul. 04, 2026) — Near Median


ASX:ARG Argo Investments Ltd ASX:ARG
68 GF Score
Price A$9.08
GF Value A$9.12
Valuation Fairly Valued
! 4 Warning Signs
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What is Argo Investments PS Ratio?

Argo Investments ASX:ARG +0.44% 68 PS Ratio is 23.10 as of Jul. 04, 2026, which is 1% below its 10-year median of 23.32. GuruFocus rates ASX:ARG with a GF Score™ of 68/100 and a GF Value™ of A$9.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,405 Asset Management companies, Argo Investments ranks worse than 80.85% 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, Argo Investments's share price is A$9.08. Argo Investments's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.39. Hence, Argo Investments's PS Ratio for today is 23.10.

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

ASX:ARG' s PS Ratio Range Over the Past 10 Years
Min: 14.35   Med: 23.32   Max: 39.88
Current: 23.1

During the past 13 years, Argo Investments's highest PS Ratio was 39.88. The lowest was 14.35. And the median was 23.32.

ASX:ARG's PS Ratio is ranked worse than
80.85% of 1405 companies
in the Asset Management industry
Industry Median: 7.29 vs ASX:ARG: 23.10

Argo Investments's Revenue per Sharefor the six months ended in Dec. 2025 was A$0.19. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.39.

Warning Sign:

Argo Investments Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Argo Investments was 9.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 0.50% per year.

During the past 13 years, Argo Investments's highest 3-Year average Revenue per Share Growth Rate was 55.00% per year. The lowest was -20.70% per year. And the median was 4.00% per year.

Back to Basics: PS Ratio


Argo Investments  (ASX:ARG) 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.


Argo Investments PS Ratio Related Terms


Argo Investments PS Ratio Historical Data

* Premium members only.

The historical data trend for Argo Investments'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.

Argo Investments PS Ratio Chart

Argo Investments Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.75 19.43 22.29 23.80 24.60

Argo Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 23.80 0.00 24.60 0.00

ASX:ARG vs BLK, BX, KKR: PS Ratio Comparison

For the Asset Management subindustry, Argo Investments'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.


Argo Investments PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Argo Investments's PS Ratio distribution charts can be found below:

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


ASX:ARG
68GF Score
Argo Investments Ltd ASX:ARG
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argo Investments 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.

Argo Investments's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=9.08/0.393
=23.10

Argo Investments's Share Price of today is A$9.08.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argo Investments's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.39.

* 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 23.10 mean?
Argo Investments (ASX:ARG) has a PS Ratio of 23.10 as of Jul. 04, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Argo Investments and its competitors. This is near median its historical median of 23.32. Over the past decade, Argo Investments' PS Ratio has ranged from 14.35 to 39.88. According to the industry distribution chart, Argo Investments ranks #1136 out of 1405 companies in the Asset Management industry, placing it in the top 80.9%.
Is Argo Investments' PS Ratio too high?
Argo Investments' current PS Ratio of 23.10 is near median its 10-year median of 23.32. Over the past 10 years, this metric has ranged from a low of 14.35 to a high of 39.88. The Asset Management industry median PS Ratio is 7.29. Argo Investments' value of 23.10 is 216.9% above this industry median. Based on the distribution chart, Argo Investments ranks #1136 out of 1405 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Argo Investments has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Argo Investments' PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Argo Investments ranks #1136 out of 1405 companies for PS Ratio. This places Argo Investments in the lower half of its industry. The industry median PS Ratio is 7.29. Argo Investments' value of 23.10 is 216.9% above this benchmark. Historically, Argo Investments' own PS Ratio has ranged from 14.35 to 39.88 over the past decade. While the company's 10-year median is 23.32 vs. the industry median of 7.29, Argo Investments 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 an Asset Management company?
The median PS Ratio among Asset Management companies is 7.29, based on 1,405 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. Argo Investments's current PS Ratio of 23.10 is 216.9% 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 Argo Investments and its competitors. For the Asset Management industry, the median PS Ratio is 7.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Investments's current PS Ratio is 23.10, which is near median its own 10-year median of 23.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Investments stock overvalued right now?
Based on GuruFocus' analysis, Argo Investments (ASX:ARG) is currently considered Fairly Valued. The stock's GF Value™ is A$9.12, compared to a current price of A$9.08 — trading 0.4% below its estimated fair value. The current PS Ratio is 23.10, which is near median its 10-year median of 23.32 and 216.9% above the Asset Management industry median of 7.29. Argo Investments' overall GF Score™ is 68/100 with 4 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 Argo Investments (ASX:ARG), the current PS Ratio is 23.10 as of Jul. 04, 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 Argo Investments (ASX:ARG) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Investments stock appears to be undervalued. The current stock price of A$9.08 is trading 0.4% below its estimated GF Value™ of A$9.12. GuruFocus considers Argo Investments to be Fairly Valued.

Key valuation signals for ASX:ARG:

  • PS Ratio: 23.10 (near median its 10-year median of 23.32)
  • GF Value™: A$9.12 vs. price of A$9.08 (0.4% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 216.9% above the Asset Management median (#1136 of 1405)

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


Argo Investments Business Description

Address 91 King William Street, Level 25, Adelaide, SA, AUS, 5000
Argo Investments Ltd is an Australian investment company that offers investors low-cost, conservative, and diverse exposure to Australian companies. It generates revenue from dividends and distributions received from the companies in its investment portfolio.
68GF Score

Get the complete analysis for ASX:ARG

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

A$9.08
Price
A$9.12
GF Value