Transurban GroupASX:TCL -0.07%78 PS Ratio is 11.40 as of Jul. 01, 2026, which is 13% above its 10-year median of 10.06. GuruFocus rates ASX:TCL with a GF Score™ of 78/100 and a GF Value™ of A$13.48 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,762 Construction companies, Transurban Group ranks worse than 96.37% 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, Transurban Group's share price is A$14.37.
Transurban Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.26. Hence, Transurban Group's PS Ratio for today is 11.40.
Warning Sign:
Transurban Group stock PS Ratio (=12.67) is close to 10-year high of 14.05.
The historical rank and industry rank for Transurban Group's PS Ratio or its related term are showing as below:
ASX:TCL'
s PS Ratio Range Over the Past 10 Years
Min: 6.5 Med: 10.06 Max: 14.05
Current: 11.4
During the past 13 years, Transurban Group's highest PS Ratio was 14.05. The lowest was 6.50. And the median was 10.06.
ASX:TCL's PS Ratio is ranked worse than 96.37% of 1762
companies
in the Construction industry
Industry Median: 0.895
vs ASX:TCL: 11.40
During the past 12 months, the average Revenue per Share Growth Rate of Transurban Group was 1.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 2.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 1.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 1.10% per year.
During the past 13 years, Transurban Group's highest 3-Year average Revenue per Share Growth Rate was 22.90% per year. The lowest was -11.40% per year. And the median was 4.75% per year.
Back to Basics: PS Ratio
Transurban Group (ASX:TCL) 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.
Transurban Group PS Ratio Related Terms
Transurban Group PS Ratio Historical Data
* Premium members only.
The historical data trend for Transurban Group'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 Infrastructure Operations subindustry, Transurban Group'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.
Transurban Group PS Ratio vs Construction Industry
For the Construction industry and Industrials sector, Transurban Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Transurban Group'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.
Transurban Group's Share Price of today is A$14.37.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.26.
* 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:
Transurban Group (ASX:TCL) has a PS Ratio of 11.40 as of Jul. 01, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Transurban Group and its competitors. This is 13% above median its historical median of 10.06. Over the past decade, Transurban Group's PS Ratio has ranged from 6.50 to 14.05. According to the industry distribution chart, Transurban Group ranks #1698 out of 1762 companies in the Construction industry, placing it in the top 96.4%.
Is Transurban Group's PS Ratio too high?
Transurban Group's current PS Ratio of 11.40 is 13% above median its 10-year median of 10.06. Over the past 10 years, this metric has ranged from a low of 6.50 to a high of 14.05. The Construction industry median PS Ratio is 0.90. Transurban Group's value of 11.40 is 1173.7% above this industry median. Based on the distribution chart, Transurban Group ranks #1698 out of 1762 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Transurban Group has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Transurban Group's PS Ratio compare to competitors?
According to the Construction industry distribution chart, Transurban Group ranks #1698 out of 1762 companies for PS Ratio. This places Transurban Group in the lower half of its industry. The industry median PS Ratio is 0.90. Transurban Group's value of 11.40 is 1173.7% above this benchmark. Historically, Transurban Group's own PS Ratio has ranged from 6.50 to 14.05 over the past decade. While the company's 10-year median is 10.06 vs. the industry median of 0.90, Transurban Group 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 Construction company?
The median PS Ratio among Construction companies is 0.90, based on 1,762 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. Transurban Group's current PS Ratio of 11.40 is 1173.7% 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 Transurban Group and its competitors. For the Construction industry, the median PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transurban Group's current PS Ratio is 11.40, which is 13% above median its own 10-year median of 10.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transurban Group stock overvalued right now?
Based on GuruFocus' analysis, Transurban Group (ASX:TCL) is currently considered Fairly Valued. The stock's GF Value™ is A$13.48, compared to a current price of A$14.37 — trading 6.6% above its estimated fair value. The current PS Ratio is 11.40, which is 13% above median its 10-year median of 10.06 and 1173.7% above the Construction industry median of 0.90. Transurban Group's overall GF Score™ is 78/100 with 10 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 Transurban Group (ASX:TCL), the current PS Ratio is 11.40 as of Jul. 01, 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 Transurban Group (ASX:TCL) Overvalued in 2026?
Based on GuruFocus' analysis, Transurban Group stock appears to be overvalued.
The current stock price of A$14.37 is trading 6.6% above its estimated GF Value™ of A$13.48.
GuruFocus considers Transurban Group to be Fairly Valued.
Key valuation signals for ASX:TCL:
PS Ratio: 11.40 (13% above median its 10-year median of 10.06)
GF Value™: A$13.48 vs. price of A$14.37 (6.6% above fair value)
Industry Position: 1173.7% above the Construction median (#1698 of 1762)
No single metric tells the full story. See the ASX:TCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA, and Montreal, Canada. The weighted average concession life across the portfolio is about 25 years. Australian assets contribute around 90% of proportional revenue.
78GF Score
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