Path2 Hydrogen AGFRA:PTHH 23 PS Ratio is 150.00 as of Jul. 06, 2026, which is 450% above its 10-year median of 27.27. GuruFocus rates FRA:PTHH with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 501 Utilities - Regulated companies, Path2 Hydrogen AG ranks worse than 100% 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, Path2 Hydrogen AG's share price is €0.45.
Path2 Hydrogen AG's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00. Hence, Path2 Hydrogen AG's PS Ratio for today is 150.00.
Good Sign:
Path2 Hydrogen AG stock PS Ratio (=112.5) is close to 1-year low of 103.5.
The historical rank and industry rank for Path2 Hydrogen AG's PS Ratio or its related term are showing as below:
FRA:PTHH'
s PS Ratio Range Over the Past 10 Years
Min: 0.82 Med: 27.27 Max: 3000
Current: 150
During the past 13 years, Path2 Hydrogen AG's highest PS Ratio was 3000.00. The lowest was 0.82. And the median was 27.27.
FRA:PTHH's PS Ratio is ranked worse than 100% of 501
companies
in the Utilities - Regulated industry
Industry Median: 1.44
vs FRA:PTHH: 150.00
During the past 13 years, Path2 Hydrogen AG's highest 3-Year average Revenue per Share Growth Rate was 25.20% per year. The lowest was -17.90% per year. And the median was 3.65% per year.
Back to Basics: PS Ratio
Path2 Hydrogen AG (FRA:PTHH) 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.
Path2 Hydrogen AG PS Ratio Related Terms
Path2 Hydrogen AG PS Ratio Historical Data
* Premium members only.
The historical data trend for Path2 Hydrogen AG'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 Utilities - Regulated Gas subindustry, Path2 Hydrogen AG'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.
Path2 Hydrogen AG PS Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Path2 Hydrogen AG's PS Ratio distribution charts can be found below:
* The bar in red indicates where Path2 Hydrogen AG'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.
Path2 Hydrogen AG's Share Price of today is €0.45.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Path2 Hydrogen AG's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00.
* 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:
Path2 Hydrogen AG (FRA:PTHH) has a PS Ratio of 150.00 as of Jul. 06, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Path2 Hydrogen AG and its competitors. This is 450% above median its historical median of 27.27. Over the past decade, Path2 Hydrogen AG's PS Ratio has ranged from 0.82 to 3,000.00. According to the industry distribution chart, Path2 Hydrogen AG ranks #501 out of 501 companies in the Utilities - Regulated industry.
Is Path2 Hydrogen AG's PS Ratio too high?
Path2 Hydrogen AG's current PS Ratio of 150.00 is 450% above median its 10-year median of 27.27. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 3,000.00. The Utilities - Regulated industry median PS Ratio is 1.44. Path2 Hydrogen AG's value of 150.00 is 10316.7% above this industry median. Based on the distribution chart, Path2 Hydrogen AG ranks #501 out of 501 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Path2 Hydrogen AG has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Path2 Hydrogen AG's PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Path2 Hydrogen AG ranks #501 out of 501 companies for PS Ratio. This places Path2 Hydrogen AG in the lower half of its industry. The industry median PS Ratio is 1.44. Path2 Hydrogen AG's value of 150.00 is 10316.7% above this benchmark. Historically, Path2 Hydrogen AG's own PS Ratio has ranged from 0.82 to 3,000.00 over the past decade. While the company's 10-year median is 27.27 vs. the industry median of 1.44, Path2 Hydrogen AG 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 Utilities - Regulated company?
The median PS Ratio among Utilities - Regulated companies is 1.44, based on 501 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. Path2 Hydrogen AG's current PS Ratio of 150.00 is 10316.7% 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 Path2 Hydrogen AG and its competitors. For the Utilities - Regulated industry, the median PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Path2 Hydrogen AG's current PS Ratio is 150.00, which is 450% above median its own 10-year median of 27.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Path2 Hydrogen AG stock overvalued right now?
Path2 Hydrogen AG (FRA:PTHH) has a current PS Ratio of 150.00. The current PS Ratio is 150.00, which is 450% above median its 10-year median of 27.27 and 10316.7% above the Utilities - Regulated industry median of 1.44. Path2 Hydrogen AG's overall GF Score™ is 23/100 with 5 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 Path2 Hydrogen AG (FRA:PTHH), the current PS Ratio is 150.00 as of Jul. 06, 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.
Path2 Hydrogen AG is focused on advancing the hydrogen infrastructure economy. It involves in liquefaction, transfer and storage of hydrogen and equipment.
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