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Forum Energy TechnologiesFET -0.53%47 PS Ratio is 1.14 as of Aug. 14, 2026, which is 293% above its 10-year median of 0.29. GuruFocus rates FET with a GF Score™ of 47/100 and a GF Value™ of $19.77 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 892 Oil & Gas companies, Forum Energy Technologies ranks better than 54.6% 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, Forum Energy Technologies's share price is $82.42.
Forum Energy Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $71.99. Hence, Forum Energy Technologies's PS Ratio for today is 1.14.
Warning Sign:
Forum Energy Technologies Inc stock PS Ratio (=1.15) is close to 5-year high of 1.15.
The historical rank and industry rank for Forum Energy Technologies's PS Ratio or its related term are showing as below:
FET'
s PS Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.29 Max: 3.65
Current: 1.15
During the past 13 years, Forum Energy Technologies's highest PS Ratio was 3.65. The lowest was 0.02. And the median was 0.29.
FET's PS Ratio is ranked better than 54.6% of 892
companies
in the Oil & Gas industry
Industry Median: 1.355
vs FET: 1.15
Forum Energy Technologies 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 Forum Energy Technologies was 11.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -17.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -8.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -11.30% per year.
During the past 13 years, Forum Energy Technologies's highest 3-Year average Revenue per Share Growth Rate was 21.50% per year. The lowest was -26.30% per year. And the median was -10.65% per year.
Forum Energy Technologies (NYSE:FET) 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.
Forum Energy Technologies PS Ratio Related Terms
Forum Energy Technologies PS Ratio Historical Data
* 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 Oil & Gas Equipment & Services subindustry, Forum Energy Technologies'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.
Forum Energy Technologies PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Forum Energy Technologies's PS Ratio distribution charts can be found below:
* The bar in red indicates where Forum Energy Technologies'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.
Forum Energy Technologies's Share Price of today is $82.42. Forum Energy Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $71.99.
* 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:
Forum Energy Technologies (FET) has a PS Ratio of 1.14 as of Aug. 14, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Forum Energy Technologies and its competitors. This is 293% above median its historical median of 0.29. Over the past decade, Forum Energy Technologies' PS Ratio has ranged from 0.02 to 3.65. According to the industry distribution chart, Forum Energy Technologies ranks #405 out of 892 companies in the Oil & Gas industry, placing it in the top 45.4%.
Is Forum Energy Technologies' PS Ratio too high?
Forum Energy Technologies' current PS Ratio of 1.14 is 293% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 3.65. The Oil & Gas industry median PS Ratio is 1.36. Forum Energy Technologies' value of 1.14 is 15.9% below this industry median. Based on the distribution chart, Forum Energy Technologies ranks #405 out of 892 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Forum Energy Technologies has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forum Energy Technologies' PS Ratio compare to EROK and ACDC?
According to the Oil & Gas industry distribution chart, Forum Energy Technologies ranks #405 out of 892 companies for PS Ratio. This puts Forum Energy Technologies in the upper half of its industry. The industry median PS Ratio is 1.36. Forum Energy Technologies' value of 1.14 is 15.9% below this benchmark. Historically, Forum Energy Technologies' own PS Ratio has ranged from 0.02 to 3.65 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.36, Forum Energy Technologies 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 an Oil & Gas company?
The median PS Ratio among Oil & Gas companies is 1.36, based on 892 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. Forum Energy Technologies's current PS Ratio of 1.14 is 15.9% 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 Forum Energy Technologies and its competitors. For the Oil & Gas industry, the median PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Energy Technologies's current PS Ratio is 1.14, which is 293% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Energy Technologies stock overvalued right now?
Based on GuruFocus' analysis, Forum Energy Technologies (FET) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.77, compared to a current price of $82.42 — trading 316.9% above its estimated fair value. The current PS Ratio is 1.14, which is 293% above median its 10-year median of 0.29 and 15.9% below the Oil & Gas industry median of 1.36. Forum Energy Technologies' overall GF Score™ is 47/100 with 6 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 Forum Energy Technologies (FET), the current PS Ratio is 1.14 as of Aug. 14, 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 Forum Energy Technologies (FET) Overvalued in 2026?
Based on GuruFocus' analysis, Forum Energy Technologies stock appears to be overvalued.
The current stock price of $82.42 is trading 316.9% above its estimated GF Value™ of $19.77.
GuruFocus considers Forum Energy Technologies to be Significantly Overvalued.
Key valuation signals for FET:
PS Ratio: 1.14 (293% above median its 10-year median of 0.29)
GF Value™: $19.77 vs. price of $82.42 (316.9% above fair value)
Industry Position: 15.9% below the Oil & Gas median (#405 of 892)
No single metric tells the full story. See the FET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forum Energy Technologies Inc is a manufacturing company serving the oil, natural gas, industrial, and renewable energy industries. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. The company operates in two reportable segments: Drilling and Completions, and Artificial Lift and Downhole. Maximum revenue is generated from the Drilling and Completions segment, which offers products used in the drilling process, and other products like hydraulic fracturing pumps, ROVs and trenchers, submarine rescue vehicles, etc. Geographically, the firm generates maximum revenue from the U.S., followed by Canada, Middle East, Europe and Africa, Asia-Pacific, and Latin America.
47GF Score
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