WAM LeadersASX:WLE 68 PS Ratio is 9.24 as of Jun. 29, 2026, which is 11% below its 10-year median of 10.37. GuruFocus rates ASX:WLE with a GF Score™ of 68/100 and a GF Value™ of A$2.32 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,406 Asset Management companies, WAM Leaders ranks worse than 57.89% 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, WAM Leaders's share price is A$1.33.
WAM Leaders's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.14. Hence, WAM Leaders's PS Ratio for today is 9.24.
The historical rank and industry rank for WAM Leaders's PS Ratio or its related term are showing as below:
ASX:WLE'
s PS Ratio Range Over the Past 10 Years
Min: 3.54 Med: 10.37 Max: 91.03
Current: 9.24
During the past 8 years, WAM Leaders's highest PS Ratio was 91.03. The lowest was 3.54. And the median was 10.37.
ASX:WLE's PS Ratio is ranked worse than 57.89% of 1406
companies
in the Asset Management industry
Industry Median: 7.345
vs ASX:WLE: 9.24
WAM Leaders 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 WAM Leaders was 136.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -3.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 3.80% per year.
During the past 8 years, WAM Leaders's highest 3-Year average Revenue per Share Growth Rate was 117.50% per year. The lowest was -54.80% per year. And the median was -3.80% per year.
Back to Basics: PS Ratio
WAM Leaders (ASX:WLE) 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.
WAM Leaders PS Ratio Related Terms
WAM Leaders PS Ratio Historical Data
* Premium members only.
The historical data trend for WAM Leaders'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 Asset Management subindustry, WAM Leaders'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.
WAM Leaders PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Leaders's PS Ratio distribution charts can be found below:
* The bar in red indicates where WAM Leaders'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.
WAM Leaders's Share Price of today is A$1.33.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. WAM Leaders's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.14.
* 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:
WAM Leaders (ASX:WLE) has a PS Ratio of 9.24 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 WAM Leaders and its competitors. This is 11% below median its historical median of 10.37. Over the past decade, WAM Leaders' PS Ratio has ranged from 3.54 to 91.03. According to the industry distribution chart, WAM Leaders ranks #814 out of 1406 companies in the Asset Management industry, placing it in the top 57.9%.
Is WAM Leaders' PS Ratio too high?
WAM Leaders' current PS Ratio of 9.24 is 11% below median its 10-year median of 10.37. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 91.03. The Asset Management industry median PS Ratio is 7.35. WAM Leaders' value of 9.24 is 25.8% above this industry median. Based on the distribution chart, WAM Leaders ranks #814 out of 1406 companies in the Asset Management industry, which is below the industry midpoint. Overall, WAM Leaders has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WAM Leaders' PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Leaders ranks #814 out of 1406 companies for PS Ratio. This places WAM Leaders in the lower half of its industry. The industry median PS Ratio is 7.35. WAM Leaders' value of 9.24 is 25.8% above this benchmark. Historically, WAM Leaders' own PS Ratio has ranged from 3.54 to 91.03 over the past decade. While the company's 10-year median is 10.37 vs. the industry median of 7.35, WAM Leaders 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 7.35, 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. WAM Leaders's current PS Ratio of 9.24 is 25.8% 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 WAM Leaders 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. WAM Leaders's current PS Ratio is 9.24, which is 11% below median its own 10-year median of 10.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Leaders stock overvalued right now?
Based on GuruFocus' analysis, WAM Leaders (ASX:WLE) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.32, compared to a current price of A$1.33 — trading 42.7% below its estimated fair value. The current PS Ratio is 9.24, which is 11% below median its 10-year median of 10.37 and 25.8% above the Asset Management industry median of 7.35. WAM Leaders' overall GF Score™ is 68/100 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 WAM Leaders (ASX:WLE), the current PS Ratio is 9.24 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 WAM Leaders (ASX:WLE) Overvalued in 2026?
Based on GuruFocus' analysis, WAM Leaders stock appears to be undervalued.
The current stock price of A$1.33 is trading 42.7% below its estimated GF Value™ of A$2.32.
GuruFocus considers WAM Leaders to be Significantly Undervalued.
Key valuation signals for ASX:WLE:
PS Ratio: 9.24 (11% below median its 10-year median of 10.37)
GF Value™: A$2.32 vs. price of A$1.33 (42.7% below fair value)
Industry Position: 25.8% above the Asset Management median (#814 of 1406)
No single metric tells the full story. See the ASX:WLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WAM Leaders Ltd is an investment company. The company's investment objectives are to deliver a stream of fully franked dividends, provide capital growth over the medium-to-long term, and preserve capital. The company currently engages in investing activities, including cash, term deposits, and equity investments in listed companies. Its portfolio consists of securities of companies from various sectors such as Communication services, Financials, Consumer staples, Health care, and Information technology, among others.
68GF Score
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