Badger MeterBMI -0.49%78 PS Ratio is 4.79 as of Jul. 02, 2026, which is 6% below its 10-year median of 5.09. GuruFocus rates BMI with a GF Score™ of 78/100 and a GF Value™ of $216.52 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,470 Hardware companies, Badger Meter ranks worse than 71.21% 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, Badger Meter's share price is $145.515.
Badger Meter's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $30.37. Hence, Badger Meter's PS Ratio for today is 4.79.
The historical rank and industry rank for Badger Meter's PS Ratio or its related term are showing as below:
BMI'
s PS Ratio Range Over the Past 10 Years
Min: 2.32 Med: 5.09 Max: 8.6
Current: 4.82
During the past 13 years, Badger Meter's highest PS Ratio was 8.60. The lowest was 2.32. And the median was 5.09.
BMI's PS Ratio is ranked worse than 71.21% of 2470
companies
in the Hardware industry
Industry Median: 1.975
vs BMI: 4.82
Badger Meter Inc revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Badger Meter was 5.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 17.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 16.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.10% per year.
During the past 13 years, Badger Meter's highest 3-Year average Revenue per Share Growth Rate was 17.90% per year. The lowest was -2.50% per year. And the median was 5.40% per year.
Back to Basics: PS Ratio
Badger Meter (NYSE:BMI) 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.
Badger Meter PS Ratio Related Terms
Badger Meter PS Ratio Historical Data
* Premium members only.
The historical data trend for Badger Meter'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 Scientific & Technical Instruments subindustry, Badger Meter'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.
Badger Meter PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Badger Meter's PS Ratio distribution charts can be found below:
* The bar in red indicates where Badger Meter'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.
Badger Meter's PS Ratio for today is calculated as
Badger Meter's Share Price of today is $145.515. Badger Meter's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $30.37.
* 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:
Badger Meter (BMI) has a PS Ratio of 4.79 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 Badger Meter and its competitors. This is near median its historical median of 5.09. Over the past decade, Badger Meter's PS Ratio has ranged from 2.32 to 8.60. According to the industry distribution chart, Badger Meter ranks #1759 out of 2470 companies in the Hardware industry, placing it in the top 71.2%.
Is Badger Meter's PS Ratio too high?
Badger Meter's current PS Ratio of 4.79 is near median its 10-year median of 5.09. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 8.60. The Hardware industry median PS Ratio is 1.98. Badger Meter's value of 4.79 is 142.5% above this industry median. Based on the distribution chart, Badger Meter ranks #1759 out of 2470 companies in the Hardware industry, which is below the industry midpoint. Overall, Badger Meter has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Badger Meter's PS Ratio compare to VNT and ITRI?
According to the Hardware industry distribution chart, Badger Meter ranks #1759 out of 2470 companies for PS Ratio. This places Badger Meter in the lower half of its industry. The industry median PS Ratio is 1.98. Badger Meter's value of 4.79 is 142.5% above this benchmark. Historically, Badger Meter's own PS Ratio has ranged from 2.32 to 8.60 over the past decade. While the company's 10-year median is 5.09 vs. the industry median of 1.98, Badger Meter 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 Hardware company?
The median PS Ratio among Hardware companies is 1.98, based on 2,470 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. Badger Meter's current PS Ratio of 4.79 is 142.5% 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 Badger Meter and its competitors. For the Hardware industry, the median PS Ratio is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Meter's current PS Ratio is 4.79, which is near median its own 10-year median of 5.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Meter stock overvalued right now?
Based on GuruFocus' analysis, Badger Meter (BMI) is currently considered Significantly Undervalued. The stock's GF Value™ is $216.52, compared to a current price of $145.52 — trading 32.8% below its estimated fair value. The current PS Ratio is 4.79, which is near median its 10-year median of 5.09 and 142.5% above the Hardware industry median of 1.98. Badger Meter's overall GF Score™ is 78/100 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 Badger Meter (BMI), the current PS Ratio is 4.79 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 Badger Meter (BMI) Overvalued in 2026?
Based on GuruFocus' analysis, Badger Meter stock appears to be undervalued.
The current stock price of $145.52 is trading 32.8% below its estimated GF Value™ of $216.52.
GuruFocus considers Badger Meter to be Significantly Undervalued.
Key valuation signals for BMI:
PS Ratio: 4.79 (near median its 10-year median of 5.09)
GF Value™: $216.52 vs. price of $145.52 (32.8% below fair value)
Industry Position: 142.5% above the Hardware median (#1759 of 2470)
No single metric tells the full story. See the BMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Badger Meter is a provider of water management solutions. The company's solutions encompass measurement and control hardware, connectivity and communication, data visualization and software. Badger Meter has global operations, with the vast majority of revenue derived from the US.
78GF Score
Get the complete analysis for BMI
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BMI has been successfully added to your 
