Aviat NetworksFRA:HSD1 +3.95%71 PS Ratio is 0.64 as of Jul. 12, 2026, which is 7% above its 10-year median of 0.60. GuruFocus rates FRA:HSD1 with a GF Score™ of 71/100 and a GF Value™ of €20.31 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,475 Hardware companies, Aviat Networks ranks better than 77.05% 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, Aviat Networks's share price is €18.40.
Aviat Networks's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €28.59. Hence, Aviat Networks's PS Ratio for today is 0.64.
The historical rank and industry rank for Aviat Networks's PS Ratio or its related term are showing as below:
FRA:HSD1'
s PS Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.6 Max: 1.75
Current: 0.65
During the past 13 years, Aviat Networks's highest PS Ratio was 1.75. The lowest was 0.15. And the median was 0.60.
FRA:HSD1's PS Ratio is ranked better than 77.05% of 2475
companies
in the Hardware industry
Industry Median: 1.92
vs FRA:HSD1: 0.65
Aviat Networks Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Aviat Networks was -2.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 9.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 2.20% per year.
During the past 13 years, Aviat Networks's highest 3-Year average Revenue per Share Growth Rate was 121.70% per year. The lowest was -30.80% per year. And the median was -6.35% per year.
Back to Basics: PS Ratio
Aviat Networks (FRA:HSD1) 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.
Aviat Networks PS Ratio Related Terms
Aviat Networks PS Ratio Historical Data
* Premium members only.
The historical data trend for Aviat Networks'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 Communication Equipment subindustry, Aviat Networks'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.
Aviat Networks PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Aviat Networks's PS Ratio distribution charts can be found below:
* The bar in red indicates where Aviat Networks'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.
Aviat Networks's Share Price of today is €18.40. Aviat Networks'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 €28.59.
* 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:
Aviat Networks (FRA:HSD1) has a PS Ratio of 0.64 as of Jul. 12, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Aviat Networks and its competitors. This is near median its historical median of 0.60. Over the past decade, Aviat Networks' PS Ratio has ranged from 0.15 to 1.75. According to the industry distribution chart, Aviat Networks ranks #568 out of 2475 companies in the Hardware industry, placing it in the top 22.9%.
Is Aviat Networks' PS Ratio too high?
Aviat Networks' current PS Ratio of 0.64 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.75. The Hardware industry median PS Ratio is 1.92. Aviat Networks' value of 0.64 is 66.7% below this industry median. Based on the distribution chart, Aviat Networks ranks #568 out of 2475 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Aviat Networks has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aviat Networks' PS Ratio compare to LTRX and SILC?
According to the Hardware industry distribution chart, Aviat Networks ranks #568 out of 2475 companies for PS Ratio. This places Aviat Networks in the top 23% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.92. Aviat Networks' value of 0.64 is 66.7% below this benchmark. Historically, Aviat Networks' own PS Ratio has ranged from 0.15 to 1.75 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.92, Aviat Networks 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 1.92, based on 2,475 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. Aviat Networks's current PS Ratio of 0.64 is 66.7% 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 Aviat Networks and its competitors. For the Hardware industry, the median PS Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aviat Networks's current PS Ratio is 0.64, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aviat Networks stock overvalued right now?
Based on GuruFocus' analysis, Aviat Networks (FRA:HSD1) is currently considered Fairly Valued. The stock's GF Value™ is €20.31, compared to a current price of €18.40 — trading 9.4% below its estimated fair value. The current PS Ratio is 0.64, which is near median its 10-year median of 0.60 and 66.7% below the Hardware industry median of 1.92. Aviat Networks' overall GF Score™ is 71/100 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 Aviat Networks (FRA:HSD1), the current PS Ratio is 0.64 as of Jul. 12, 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 Aviat Networks (FRA:HSD1) Overvalued in 2026?
Based on GuruFocus' analysis, Aviat Networks stock appears to be undervalued.
The current stock price of €18.40 is trading 9.4% below its estimated GF Value™ of €20.31.
GuruFocus considers Aviat Networks to be Fairly Valued.
Key valuation signals for FRA:HSD1:
PS Ratio: 0.64 (near median its 10-year median of 0.60)
GF Value™: €20.31 vs. price of €18.40 (9.4% below fair value)
Industry Position: 66.7% below the Hardware median (#568 of 2475)
No single metric tells the full story. See the FRA:HSD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aviat Networks Inc provides wireless transport and access networking solutions designed to support telecommunications operators and private network providers situated in various countries. The company offers a range of microwave and millimeter wave radios, network management tools, and services that enable high-capacity, secure, and reliable data transport over wireless networks. Its products serve diverse clients including mobile operators, public safety organizations, utilities, government agencies, and enterprise customers. Aviat generates revenue from the sale of its networking equipment, professional services, and ongoing support contracts. Its operations cover various regions including the Americas, Europe, Asia Pacific, the Middle East, and Africa.
71GF Score
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