FOJCF (Fortum Oyj) PS Ratio: 3.29 (As of Jun. 30, 2026) — 30% Above Median


FOJCF Fortum Oyj FOJCF
65 GF Score
Price $22.79
GF Value $13.80
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Fortum Oyj PS Ratio?

Fortum Oyj FOJCF 65 PS Ratio is 3.29 as of Jun. 30, 2026, which is 30% above its 10-year median of 2.54. GuruFocus rates FOJCF with a GF Score™ of 65/100 and a GF Value™ of $13.80 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, Fortum Oyj ranks worse than 58.03% 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, Fortum Oyj's share price is $22.785. Fortum Oyj's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $6.92. Hence, Fortum Oyj's PS Ratio for today is 3.29.

The historical rank and industry rank for Fortum Oyj's PS Ratio or its related term are showing as below:

FOJCF' s PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 2.54   Max: 4.03
Current: 3.41

During the past 13 years, Fortum Oyj's highest PS Ratio was 4.03. The lowest was 0.28. And the median was 2.54.

FOJCF's PS Ratio is ranked worse than
58.03% of 417 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.6 vs FOJCF: 3.41

Fortum Oyj's Revenue per Sharefor the three months ended in Mar. 2026 was $2.57. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $6.92.

Warning Sign:

Fortum Oyj 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 Fortum Oyj was -1.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was -14.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -29.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.30% per year.

During the past 13 years, Fortum Oyj's highest 3-Year average Revenue per Share Growth Rate was 121.30% per year. The lowest was -48.60% per year. And the median was 3.40% per year.

Back to Basics: PS Ratio


Fortum Oyj  (OTCPK:FOJCF) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Fortum Oyj PS Ratio Related Terms


Fortum Oyj PS Ratio Historical Data

* Premium members only.

The historical data trend for Fortum Oyj'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.

Fortum Oyj PS Ratio Chart

Fortum Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 1.78 1.75 2.09 3.27

Fortum Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.50 2.77 2.90 3.27 3.68

Fortum Oyj PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Fortum Oyj'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.


Fortum Oyj PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's PS Ratio distribution charts can be found below:

* The bar in red indicates where Fortum Oyj's PS Ratio falls into.


FOJCF
65GF Score
Fortum Oyj FOJCF
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortum Oyj PS Ratio Calculation

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.

Fortum Oyj's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=22.785/6.918
=3.29

Fortum Oyj's Share Price of today is $22.785.
Fortum Oyj'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 $6.92.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 3.29 mean?
Fortum Oyj (FOJCF) has a PS Ratio of 3.29 as of Jun. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Fortum Oyj and its competitors. This is 30% above median its historical median of 2.54. Over the past decade, Fortum Oyj's PS Ratio has ranged from 0.28 to 4.03. According to the industry distribution chart, Fortum Oyj ranks #242 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 58%.
Is Fortum Oyj's PS Ratio too high?
Fortum Oyj's current PS Ratio of 3.29 is 30% above median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 4.03. The Utilities - Independent Power Producers industry median PS Ratio is 2.60. Fortum Oyj's value of 3.29 is 26.5% above this industry median. Based on the distribution chart, Fortum Oyj ranks #242 out of 417 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Fortum Oyj has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortum Oyj's PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Fortum Oyj ranks #242 out of 417 companies for PS Ratio. This places Fortum Oyj in the lower half of its industry. The industry median PS Ratio is 2.60. Fortum Oyj's value of 3.29 is 26.5% above this benchmark. Historically, Fortum Oyj's own PS Ratio has ranged from 0.28 to 4.03 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 2.60, Fortum Oyj 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 Utilities - Independent Power Producers company?
The median PS Ratio among Utilities - Independent Power Producers companies is 2.60, based on 417 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. Fortum Oyj's current PS Ratio of 3.29 is 26.5% 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 Fortum Oyj and its competitors. For the Utilities - Independent Power Producers industry, the median PS Ratio is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortum Oyj's current PS Ratio is 3.29, which is 30% above median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortum Oyj stock overvalued right now?
Based on GuruFocus' analysis, Fortum Oyj (FOJCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.80, compared to a current price of $22.79 — trading 65.1% above its estimated fair value. The current PS Ratio is 3.29, which is 30% above median its 10-year median of 2.54 and 26.5% above the Utilities - Independent Power Producers industry median of 2.60. Fortum Oyj's overall GF Score™ is 65/100 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 Fortum Oyj (FOJCF), the current PS Ratio is 3.29 as of Jun. 30, 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 Fortum Oyj (FOJCF) Overvalued in 2026?

Based on GuruFocus' analysis, Fortum Oyj stock appears to be overvalued. The current stock price of $22.79 is trading 65.1% above its estimated GF Value™ of $13.80. GuruFocus considers Fortum Oyj to be Significantly Overvalued.

Key valuation signals for FOJCF:

  • PS Ratio: 3.29 (30% above median its 10-year median of 2.54)
  • GF Value™: $13.80 vs. price of $22.79 (65.1% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 26.5% above the Utilities - Independent Power Producers median (#242 of 417)

No single metric tells the full story. See the FOJCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortum Oyj Business Description

Address Keilalahdentie 2-4, CD Building, P.O. Box 100, Espoo, FIN, 02150
Fortum Oyj is a Finnish energy company that operates power plants that use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, Consumer Solutions, and Other Operations.
65GF Score

Get the complete analysis for FOJCF

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.79
Price
$13.80
GF Value