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Applied OptoelectronicsFRA:A59 -9.05%46 PS Ratio is 13.30 as of Jul. 17, 2026, which is 850% above its 10-year median of 1.40. GuruFocus rates FRA:A59 with a GF Score™ of 46/100 and a GF Value™ of €17.51 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,474 Hardware companies, Applied Optoelectronics ranks worse than 91.27% 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, Applied Optoelectronics's share price is €86.68.
Applied Optoelectronics's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €6.52. Hence, Applied Optoelectronics's PS Ratio for today is 13.30.
The historical rank and industry rank for Applied Optoelectronics's PS Ratio or its related term are showing as below:
FRA:A59'
s PS Ratio Range Over the Past 10 Years
Min: 0.2 Med: 1.4 Max: 25.09
Current: 13.22
During the past 13 years, Applied Optoelectronics's highest PS Ratio was 25.09. The lowest was 0.20. And the median was 1.40.
FRA:A59's PS Ratio is ranked worse than 91.27% of 2474
companies
in the Hardware industry
Industry Median: 1.86
vs FRA:A59: 13.22
Applied Optoelectronics 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 Applied Optoelectronics was 11.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -1.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -7.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -8.70% per year.
During the past 13 years, Applied Optoelectronics's highest 3-Year average Revenue per Share Growth Rate was 30.30% per year. The lowest was -17.30% per year. And the median was -1.80% per year.
Back to Basics: PS Ratio
Applied Optoelectronics (FRA:A59) 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.
* 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 Communication Equipment subindustry, Applied Optoelectronics'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.
Applied Optoelectronics PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Applied Optoelectronics's PS Ratio distribution charts can be found below:
* The bar in red indicates where Applied Optoelectronics'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.
Applied Optoelectronics's Share Price of today is €86.68. Applied Optoelectronics'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 €6.52.
* 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:
Applied Optoelectronics (FRA:A59) has a PS Ratio of 13.30 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Applied Optoelectronics and its competitors. This is 850% above median its historical median of 1.40. Over the past decade, Applied Optoelectronics' PS Ratio has ranged from 0.20 to 25.09. According to the industry distribution chart, Applied Optoelectronics ranks #2258 out of 2474 companies in the Hardware industry, placing it in the top 91.3%.
Is Applied Optoelectronics' PS Ratio too high?
Applied Optoelectronics' current PS Ratio of 13.30 is 850% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 25.09. The Hardware industry median PS Ratio is 1.86. Applied Optoelectronics' value of 13.30 is 615.1% above this industry median. Based on the distribution chart, Applied Optoelectronics ranks #2258 out of 2474 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Applied Optoelectronics has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Optoelectronics' PS Ratio compare to VIAV and ZBRA?
According to the Hardware industry distribution chart, Applied Optoelectronics ranks #2258 out of 2474 companies for PS Ratio. This places Applied Optoelectronics in the lower half of its industry. The industry median PS Ratio is 1.86. Applied Optoelectronics' value of 13.30 is 615.1% above this benchmark. Historically, Applied Optoelectronics' own PS Ratio has ranged from 0.20 to 25.09 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.86, Applied Optoelectronics 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 1.86, based on 2,474 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. Applied Optoelectronics's current PS Ratio of 13.30 is 615.1% 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 Applied Optoelectronics and its competitors. For the Hardware industry, the median PS Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Optoelectronics's current PS Ratio is 13.30, which is 850% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Optoelectronics stock overvalued right now?
Based on GuruFocus' analysis, Applied Optoelectronics (FRA:A59) is currently considered Significantly Overvalued. The stock's GF Value™ is €17.51, compared to a current price of €86.68 — trading 395% above its estimated fair value. The current PS Ratio is 13.30, which is 850% above median its 10-year median of 1.40 and 615.1% above the Hardware industry median of 1.86. Applied Optoelectronics' overall GF Score™ is 46/100 with 7 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 Applied Optoelectronics (FRA:A59), the current PS Ratio is 13.30 as of Jul. 17, 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 Applied Optoelectronics (FRA:A59) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Optoelectronics stock appears to be overvalued.
The current stock price of €86.68 is trading 395% above its estimated GF Value™ of €17.51.
GuruFocus considers Applied Optoelectronics to be Significantly Overvalued.
Key valuation signals for FRA:A59:
PS Ratio: 13.30 (850% above median its 10-year median of 1.40)
GF Value™: €17.51 vs. price of €86.68 (395% above fair value)
Industry Position: 615.1% above the Hardware median (#2258 of 2474)
No single metric tells the full story. See the FRA:A59 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Optoelectronics Inc is a provider of fiber-optic networking products, for four networking end-markets; internet data center, CATV, telecom, and FTTH. The Company designs and manufactures a wide range of optical communications products at varying levels of integration, from components, subassemblies, and modules to meet turn-key equipment. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The Company has manufacturing and research and development facilities located in the U.S., Taiwan, and China.
46GF Score
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