WAM Alternative AssetsASX:WMA -1.54%72 PS Ratio is 13.15 as of Jul. 02, 2026, which is 3% above its 10-year median of 12.79. GuruFocus rates ASX:WMA with a GF Score™ of 72/100 and a GF Value™ of A$1.08 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,405 Asset Management companies, WAM Alternative Assets ranks worse than 69.54% 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 Alternative Assets's share price is A$0.96.
WAM Alternative Assets's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.07. Hence, WAM Alternative Assets's PS Ratio for today is 13.15.
Warning Sign:
WAM Alternative Assets Ltd stock PS Ratio (=16.44) is close to 5-year high of 18.1.
The historical rank and industry rank for WAM Alternative Assets's PS Ratio or its related term are showing as below:
ASX:WMA'
s PS Ratio Range Over the Past 10 Years
Min: 5.15 Med: 12.79 Max: 18.7
Current: 13.15
During the past 12 years, WAM Alternative Assets's highest PS Ratio was 18.70. The lowest was 5.15. And the median was 12.79.
ASX:WMA's PS Ratio is ranked worse than 69.54% of 1405
companies
in the Asset Management industry
Industry Median: 7.36
vs ASX:WMA: 13.15
WAM Alternative Assets Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of WAM Alternative Assets was -20.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -24.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -7.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -6.40% per year.
During the past 12 years, WAM Alternative Assets's highest 3-Year average Revenue per Share Growth Rate was 31.40% per year. The lowest was -28.60% per year. And the median was -22.85% per year.
Back to Basics: PS Ratio
WAM Alternative Assets (ASX:WMA) 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.
* 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 Alternative Assets'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 Alternative Assets PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Alternative Assets's PS Ratio distribution charts can be found below:
* The bar in red indicates where WAM Alternative Assets'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 Alternative Assets's Share Price of today is A$0.96.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. WAM Alternative Assets's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.07.
* 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 Alternative Assets (ASX:WMA) has a PS Ratio of 13.15 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 WAM Alternative Assets and its competitors. This is near median its historical median of 12.79. Over the past decade, WAM Alternative Assets' PS Ratio has ranged from 5.15 to 18.70. According to the industry distribution chart, WAM Alternative Assets ranks #977 out of 1405 companies in the Asset Management industry, placing it in the top 69.5%.
Is WAM Alternative Assets' PS Ratio too high?
WAM Alternative Assets' current PS Ratio of 13.15 is near median its 10-year median of 12.79. Over the past 10 years, this metric has ranged from a low of 5.15 to a high of 18.70. The Asset Management industry median PS Ratio is 7.36. WAM Alternative Assets' value of 13.15 is 78.7% above this industry median. Based on the distribution chart, WAM Alternative Assets ranks #977 out of 1405 companies in the Asset Management industry, which is below the industry midpoint. Overall, WAM Alternative Assets has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WAM Alternative Assets' PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Alternative Assets ranks #977 out of 1405 companies for PS Ratio. This places WAM Alternative Assets in the lower half of its industry. The industry median PS Ratio is 7.36. WAM Alternative Assets' value of 13.15 is 78.7% above this benchmark. Historically, WAM Alternative Assets' own PS Ratio has ranged from 5.15 to 18.70 over the past decade. While the company's 10-year median is 12.79 vs. the industry median of 7.36, WAM Alternative Assets 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 7.36, 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. WAM Alternative Assets's current PS Ratio of 13.15 is 78.7% 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 WAM Alternative Assets and its competitors. For the Asset Management industry, the median PS Ratio is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Alternative Assets's current PS Ratio is 13.15, which is near median its own 10-year median of 12.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Alternative Assets stock overvalued right now?
Based on GuruFocus' analysis, WAM Alternative Assets (ASX:WMA) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.08, compared to a current price of A$0.96 — trading 11.1% below its estimated fair value. The current PS Ratio is 13.15, which is near median its 10-year median of 12.79 and 78.7% above the Asset Management industry median of 7.36. WAM Alternative Assets' overall GF Score™ is 72/100 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 WAM Alternative Assets (ASX:WMA), the current PS Ratio is 13.15 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 WAM Alternative Assets (ASX:WMA) Overvalued in 2026?
Based on GuruFocus' analysis, WAM Alternative Assets stock appears to be undervalued.
The current stock price of A$0.96 is trading 11.1% below its estimated GF Value™ of A$1.08.
GuruFocus considers WAM Alternative Assets to be Modestly Undervalued.
Key valuation signals for ASX:WMA:
PS Ratio: 13.15 (near median its 10-year median of 12.79)
GF Value™: A$1.08 vs. price of A$0.96 (11.1% below fair value)
Industry Position: 78.7% above the Asset Management median (#977 of 1405)
No single metric tells the full story. See the ASX:WMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WAM Alternative Assets Ltd is an investment company. Its investment objectives are to deliver absolute returns through a combination of dividend yield and capital growth, while providing diversification benefits to shareholders. The company provides investors with exposure to a portfolio of real assets, private equity, infrastructure, real estate, and private debt strategies.
72GF Score
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