Deswell IndustriesDSWL -11.37%64 PS Ratio is 0.90 as of Jul. 05, 2026, which is 34% above its 10-year median of 0.67. GuruFocus rates DSWL with a GF Score™ of 64/100 and a GF Value™ of $2.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,469 Hardware companies, Deswell Industries ranks better than 70.31% 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, Deswell Industries's share price is $3.46.
Deswell Industries's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was $3.85. Hence, Deswell Industries's PS Ratio for today is 0.90.
Warning Sign:
Deswell Industries Inc stock PS Ratio (=0.9) is close to 3-year high of 0.98.
The historical rank and industry rank for Deswell Industries's PS Ratio or its related term are showing as below:
DSWL'
s PS Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.67 Max: 1.29
Current: 0.9
During the past 13 years, Deswell Industries's highest PS Ratio was 1.29. The lowest was 0.45. And the median was 0.67.
DSWL's PS Ratio is ranked better than 70.31% of 2469
companies
in the Hardware industry
Industry Median: 1.99
vs DSWL: 0.90
Deswell Industries Inc 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 Deswell Industries was -9.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -7.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -2.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 4.00% per year.
During the past 13 years, Deswell Industries's highest 3-Year average Revenue per Share Growth Rate was 24.30% per year. The lowest was -21.70% per year. And the median was 2.50% per year.
Back to Basics: PS Ratio
Deswell Industries (NAS:DSWL) 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.
Deswell Industries PS Ratio Related Terms
Deswell Industries PS Ratio Historical Data
* Premium members only.
The historical data trend for Deswell Industries'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 Electronic Components subindustry, Deswell Industries'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.
Deswell Industries PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Deswell Industries's PS Ratio distribution charts can be found below:
* The bar in red indicates where Deswell Industries'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.
Deswell Industries's Share Price of today is $3.46.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Deswell Industries's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was $3.85.
* 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:
Deswell Industries (DSWL) has a PS Ratio of 0.90 as of Jul. 05, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Deswell Industries and its competitors. This is 34% above median its historical median of 0.67. Over the past decade, Deswell Industries' PS Ratio has ranged from 0.45 to 1.29. According to the industry distribution chart, Deswell Industries ranks #733 out of 2469 companies in the Hardware industry, placing it in the top 29.7%.
Is Deswell Industries' PS Ratio too high?
Deswell Industries' current PS Ratio of 0.90 is 34% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.29. The Hardware industry median PS Ratio is 1.99. Deswell Industries' value of 0.90 is 54.8% below this industry median. Based on the distribution chart, Deswell Industries ranks #733 out of 2469 companies in the Hardware industry, which is above the industry midpoint. Overall, Deswell Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deswell Industries' PS Ratio compare to ELTK and LINK?
According to the Hardware industry distribution chart, Deswell Industries ranks #733 out of 2469 companies for PS Ratio. This puts Deswell Industries in the upper half of its industry. The industry median PS Ratio is 1.99. Deswell Industries' value of 0.90 is 54.8% below this benchmark. Historically, Deswell Industries' own PS Ratio has ranged from 0.45 to 1.29 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.99, Deswell Industries has consistently been below 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 1.99, based on 2,469 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. Deswell Industries's current PS Ratio of 0.90 is 54.8% below 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 Deswell Industries and its competitors. For the Hardware industry, the median PS Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deswell Industries's current PS Ratio is 0.90, which is 34% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deswell Industries stock overvalued right now?
Based on GuruFocus' analysis, Deswell Industries (DSWL) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.17, compared to a current price of $3.46 — trading 59.4% above its estimated fair value. The current PS Ratio is 0.90, which is 34% above median its 10-year median of 0.67 and 54.8% below the Hardware industry median of 1.99. Deswell Industries' overall GF Score™ is 64/100 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 Deswell Industries (DSWL), the current PS Ratio is 0.90 as of Jul. 05, 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 Deswell Industries (DSWL) Overvalued in 2026?
Based on GuruFocus' analysis, Deswell Industries stock appears to be overvalued.
The current stock price of $3.46 is trading 59.4% above its estimated GF Value™ of $2.17.
GuruFocus considers Deswell Industries to be Significantly Overvalued.
Key valuation signals for DSWL:
PS Ratio: 0.90 (34% above median its 10-year median of 0.67)
GF Value™: $2.17 vs. price of $3.46 (59.4% above fair value)
Industry Position: 54.8% below the Hardware median (#733 of 2469)
No single metric tells the full story. See the DSWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others.
64GF Score
Get the complete analysis for DSWL
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
DSWL has been successfully added to your 
