Mercury SystemsFRA:MCY -2.09%61 PS Ratio is 6.83 as of Jul. 11, 2026, which is 71% above its 10-year median of 4.00. GuruFocus rates FRA:MCY with a GF Score™ of 61/100 and a GF Value™ of €38.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 345 Aerospace & Defense companies, Mercury Systems ranks worse than 67.83% 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, Mercury Systems's share price is €95.80.
Mercury Systems's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €14.03. Hence, Mercury Systems's PS Ratio for today is 6.83.
The historical rank and industry rank for Mercury Systems's PS Ratio or its related term are showing as below:
FRA:MCY'
s PS Ratio Range Over the Past 10 Years
Min: 1.76 Med: 4 Max: 7.74
Current: 6.62
During the past 13 years, Mercury Systems's highest PS Ratio was 7.74. The lowest was 1.76. And the median was 4.00.
FRA:MCY's PS Ratio is ranked worse than 67.83% of 345
companies
in the Aerospace & Defense industry
Industry Median: 3.64
vs FRA:MCY: 6.62
Mercury Systems Inc revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Mercury Systems was 7.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -4.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -0.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.00% per year.
During the past 13 years, Mercury Systems's highest 3-Year average Revenue per Share Growth Rate was 20.60% per year. The lowest was -9.50% per year. And the median was 6.10% per year.
Back to Basics: PS Ratio
Mercury Systems (FRA:MCY) 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.
Mercury Systems PS Ratio Related Terms
Mercury Systems PS Ratio Historical Data
* Premium members only.
The historical data trend for Mercury Systems'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 Aerospace & Defense subindustry, Mercury Systems'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.
Mercury Systems PS Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mercury Systems's PS Ratio distribution charts can be found below:
* The bar in red indicates where Mercury Systems'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.
Mercury Systems's Share Price of today is €95.80. Mercury Systems'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 €14.03.
* 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:
Mercury Systems (FRA:MCY) has a PS Ratio of 6.83 as of Jul. 11, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Mercury Systems and its competitors. This is 71% above median its historical median of 4.00. Over the past decade, Mercury Systems' PS Ratio has ranged from 1.76 to 7.74. According to the industry distribution chart, Mercury Systems ranks #234 out of 345 companies in the Aerospace & Defense industry, placing it in the top 67.8%.
Is Mercury Systems' PS Ratio too high?
Mercury Systems' current PS Ratio of 6.83 is 71% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 7.74. The Aerospace & Defense industry median PS Ratio is 3.64. Mercury Systems' value of 6.83 is 87.6% above this industry median. Based on the distribution chart, Mercury Systems ranks #234 out of 345 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Mercury Systems has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercury Systems' PS Ratio compare to DPC and VSEC?
According to the Aerospace & Defense industry distribution chart, Mercury Systems ranks #234 out of 345 companies for PS Ratio. This places Mercury Systems in the lower half of its industry. The industry median PS Ratio is 3.64. Mercury Systems' value of 6.83 is 87.6% above this benchmark. Historically, Mercury Systems' own PS Ratio has ranged from 1.76 to 7.74 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.64, Mercury Systems 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 Aerospace & Defense company?
The median PS Ratio among Aerospace & Defense companies is 3.64, based on 345 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. Mercury Systems's current PS Ratio of 6.83 is 87.6% 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 Mercury Systems and its competitors. For the Aerospace & Defense industry, the median PS Ratio is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury Systems's current PS Ratio is 6.83, which is 71% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury Systems stock overvalued right now?
Based on GuruFocus' analysis, Mercury Systems (FRA:MCY) is currently considered Significantly Overvalued. The stock's GF Value™ is €38.12, compared to a current price of €95.80 — trading 151.3% above its estimated fair value. The current PS Ratio is 6.83, which is 71% above median its 10-year median of 4.00 and 87.6% above the Aerospace & Defense industry median of 3.64. Mercury Systems' overall GF Score™ is 61/100 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 Mercury Systems (FRA:MCY), the current PS Ratio is 6.83 as of Jul. 11, 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 Mercury Systems (FRA:MCY) Overvalued in 2026?
Based on GuruFocus' analysis, Mercury Systems stock appears to be overvalued.
The current stock price of €95.80 is trading 151.3% above its estimated GF Value™ of €38.12.
GuruFocus considers Mercury Systems to be Significantly Overvalued.
Key valuation signals for FRA:MCY:
PS Ratio: 6.83 (71% above median its 10-year median of 4.00)
GF Value™: €38.12 vs. price of €95.80 (151.3% above fair value)
Industry Position: 87.6% above the Aerospace & Defense median (#234 of 345)
No single metric tells the full story. See the FRA:MCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates, and delivers secure open architecture solutions powering a broad range of mission-critical applications in challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.
61GF Score
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