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Tradeweb MarketsFRA:4T0 -1.23%94 PS Ratio is 9.84 as of Jul. 16, 2026, which is 25% below its 10-year median of 13.10. GuruFocus rates FRA:4T0 with a GF Score™ of 94/100 and a GF Value™ of €140.53 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 758 Capital Markets companies, Tradeweb Markets ranks worse than 76.12% 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, Tradeweb Markets's share price is €85.24.
Tradeweb Markets's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €8.66. Hence, Tradeweb Markets's PS Ratio for today is 9.84.
Good Sign:
Tradeweb Markets Inc stock PS Ratio (=10.03) is close to 5-year low of 9.28.
The historical rank and industry rank for Tradeweb Markets's PS Ratio or its related term are showing as below:
FRA:4T0'
s PS Ratio Range Over the Past 10 Years
Min: 7.34 Med: 13.1 Max: 19.61
Current: 10.03
During the past 10 years, Tradeweb Markets's highest PS Ratio was 19.61. The lowest was 7.34. And the median was 13.10.
FRA:4T0's PS Ratio is ranked worse than 76.12% of 758
companies
in the Capital Markets industry
Industry Median: 4.13
vs FRA:4T0: 10.03
During the past 12 months, the average Revenue per Share Growth Rate of Tradeweb Markets was 18.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 18.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 15.00% per year.
During the past 10 years, Tradeweb Markets's highest 3-Year average Revenue per Share Growth Rate was 31.80% per year. The lowest was -0.90% per year. And the median was 15.60% per year.
Back to Basics: PS Ratio
Tradeweb Markets (FRA:4T0) 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.
Tradeweb Markets PS Ratio Related Terms
Tradeweb Markets PS Ratio Historical Data
* Premium members only.
The historical data trend for Tradeweb Markets'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 Capital Markets subindustry, Tradeweb Markets'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.
Tradeweb Markets PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tradeweb Markets's PS Ratio distribution charts can be found below:
* The bar in red indicates where Tradeweb Markets'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.
Tradeweb Markets's Share Price of today is €85.24. Tradeweb Markets'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 €8.66.
* 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:
Tradeweb Markets (FRA:4T0) has a PS Ratio of 9.84 as of Jul. 16, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Tradeweb Markets and its competitors. This is 25% below median its historical median of 13.10. Over the past decade, Tradeweb Markets' PS Ratio has ranged from 7.34 to 19.61. According to the industry distribution chart, Tradeweb Markets ranks #577 out of 758 companies in the Capital Markets industry, placing it in the top 76.1%.
Is Tradeweb Markets' PS Ratio too high?
Tradeweb Markets' current PS Ratio of 9.84 is 25% below median its 10-year median of 13.10. Over the past 10 years, this metric has ranged from a low of 7.34 to a high of 19.61. The Capital Markets industry median PS Ratio is 4.13. Tradeweb Markets' value of 9.84 is 138.3% above this industry median. Based on the distribution chart, Tradeweb Markets ranks #577 out of 758 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Tradeweb Markets has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tradeweb Markets' PS Ratio compare to LPLA and CRCL?
According to the Capital Markets industry distribution chart, Tradeweb Markets ranks #577 out of 758 companies for PS Ratio. This places Tradeweb Markets in the lower half of its industry. The industry median PS Ratio is 4.13. Tradeweb Markets' value of 9.84 is 138.3% above this benchmark. Historically, Tradeweb Markets' own PS Ratio has ranged from 7.34 to 19.61 over the past decade. While the company's 10-year median is 13.10 vs. the industry median of 4.13, Tradeweb Markets 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 Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.13, based on 758 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. Tradeweb Markets's current PS Ratio of 9.84 is 138.3% 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 Tradeweb Markets and its competitors. For the Capital Markets industry, the median PS Ratio is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tradeweb Markets's current PS Ratio is 9.84, which is 25% below median its own 10-year median of 13.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradeweb Markets stock overvalued right now?
Based on GuruFocus' analysis, Tradeweb Markets (FRA:4T0) is currently considered Significantly Undervalued. The stock's GF Value™ is €140.53, compared to a current price of €85.24 — trading 39.3% below its estimated fair value. The current PS Ratio is 9.84, which is 25% below median its 10-year median of 13.10 and 138.3% above the Capital Markets industry median of 4.13. Tradeweb Markets' overall GF Score™ is 94/100 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 Tradeweb Markets (FRA:4T0), the current PS Ratio is 9.84 as of Jul. 16, 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 Tradeweb Markets (FRA:4T0) Overvalued in 2026?
Based on GuruFocus' analysis, Tradeweb Markets stock appears to be undervalued.
The current stock price of €85.24 is trading 39.3% below its estimated GF Value™ of €140.53.
GuruFocus considers Tradeweb Markets to be Significantly Undervalued.
Key valuation signals for FRA:4T0:
PS Ratio: 9.84 (25% below median its 10-year median of 13.10)
GF Value™: €140.53 vs. price of €85.24 (39.3% below fair value)
Industry Position: 138.3% above the Capital Markets median (#577 of 758)
No single metric tells the full story. See the FRA:4T0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in US and European government debt, mortgage-backed securities, interest-rate swaps, and US and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
94GF Score
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