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Mitek SystemsFRA:MKQ -3.24%78 PS Ratio is 4.70 as of Jul. 19, 2026, which is 4% above its 10-year median of 4.51. GuruFocus rates FRA:MKQ with a GF Score™ of 78/100 and a GF Value™ of €9.47 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,789 Software companies, Mitek Systems ranks worse than 73.83% 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, Mitek Systems's share price is €16.12.
Mitek Systems's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €3.43. Hence, Mitek Systems's PS Ratio for today is 4.70.
Warning Sign:
Mitek Systems Inc stock PS Ratio (=4.75) is close to 3-year high of 4.84.
The historical rank and industry rank for Mitek Systems's PS Ratio or its related term are showing as below:
FRA:MKQ'
s PS Ratio Range Over the Past 10 Years
Min: 1.97 Med: 4.51 Max: 8.7
Current: 4.75
During the past 13 years, Mitek Systems's highest PS Ratio was 8.70. The lowest was 1.97. And the median was 4.51.
FRA:MKQ's PS Ratio is ranked worse than 73.83% of 2789
companies
in the Software industry
Industry Median: 2.01
vs FRA:MKQ: 4.75
Mitek Systems Inc revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Mitek Systems was 5.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 17.20% per year.
During the past 13 years, Mitek Systems's highest 3-Year average Revenue per Share Growth Rate was 33.60% per year. The lowest was -43.00% per year. And the median was 9.70% per year.
Back to Basics: PS Ratio
Mitek Systems (FRA:MKQ) 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.
Mitek Systems PS Ratio Related Terms
Mitek Systems PS Ratio Historical Data
* Premium members only.
The historical data trend for Mitek 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 Software - Application subindustry, Mitek 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.
Mitek Systems PS Ratio vs Software Industry
For the Software industry and Technology sector, Mitek Systems's PS Ratio distribution charts can be found below:
* The bar in red indicates where Mitek 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.
Mitek Systems's Share Price of today is €16.12. Mitek 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 €3.43.
* 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:
Mitek Systems (FRA:MKQ) has a PS Ratio of 4.70 as of Jul. 19, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Mitek Systems and its competitors. This is near median its historical median of 4.51. Over the past decade, Mitek Systems' PS Ratio has ranged from 1.97 to 8.70. According to the industry distribution chart, Mitek Systems ranks #2059 out of 2789 companies in the Software industry, placing it in the top 73.8%.
Is Mitek Systems' PS Ratio too high?
Mitek Systems' current PS Ratio of 4.70 is near median its 10-year median of 4.51. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 8.70. The Software industry median PS Ratio is 2.01. Mitek Systems' value of 4.70 is 133.8% above this industry median. Based on the distribution chart, Mitek Systems ranks #2059 out of 2789 companies in the Software industry, which is below the industry midpoint. Overall, Mitek Systems has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' PS Ratio compare to RDVT and GTM?
According to the Software industry distribution chart, Mitek Systems ranks #2059 out of 2789 companies for PS Ratio. This places Mitek Systems in the lower half of its industry. The industry median PS Ratio is 2.01. Mitek Systems' value of 4.70 is 133.8% above this benchmark. Historically, Mitek Systems' own PS Ratio has ranged from 1.97 to 8.70 over the past decade. While the company's 10-year median is 4.51 vs. the industry median of 2.01, Mitek 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 a Software company?
The median PS Ratio among Software companies is 2.01, based on 2,789 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. Mitek Systems's current PS Ratio of 4.70 is 133.8% 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 Mitek Systems and its competitors. For the Software industry, the median PS Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current PS Ratio is 4.70, which is near median its own 10-year median of 4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitek Systems stock overvalued right now?
Based on GuruFocus' analysis, Mitek Systems (FRA:MKQ) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.47, compared to a current price of €16.12 — trading 70.2% above its estimated fair value. The current PS Ratio is 4.70, which is near median its 10-year median of 4.51 and 133.8% above the Software industry median of 2.01. Mitek Systems' overall GF Score™ is 78/100 with 8 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 Mitek Systems (FRA:MKQ), the current PS Ratio is 4.70 as of Jul. 19, 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 Mitek Systems (FRA:MKQ) Overvalued in 2026?
Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued.
The current stock price of €16.12 is trading 70.2% above its estimated GF Value™ of €9.47.
GuruFocus considers Mitek Systems to be Significantly Overvalued.
Key valuation signals for FRA:MKQ:
PS Ratio: 4.70 (near median its 10-year median of 4.51)
GF Value™: €9.47 vs. price of €16.12 (70.2% above fair value)
Industry Position: 133.8% above the Software median (#2059 of 2789)
No single metric tells the full story. See the FRA:MKQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online, enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
78GF Score
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