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Qantas AirwaysFRA:QAN +0.19%82 PS Ratio is 0.70 as of Jul. 23, 2026, which is 13% above its 10-year median of 0.62. GuruFocus rates FRA:QAN with a GF Score™ of 82/100 and a GF Value™ of €6.79 (Fairly Valued). The stock has 4 warning signs investors should review. Among 998 Transportation companies, Qantas Airways ranks better than 64.23% 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, Qantas Airways's share price is €6.241.
Qantas Airways's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €8.98. Hence, Qantas Airways's PS Ratio for today is 0.70.
The historical rank and industry rank for Qantas Airways's PS Ratio or its related term are showing as below:
FRA:QAN'
s PS Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.62 Max: 1.88
Current: 0.66
During the past 13 years, Qantas Airways's highest PS Ratio was 1.88. The lowest was 0.22. And the median was 0.62.
FRA:QAN's PS Ratio is ranked better than 64.23% of 998
companies
in the Transportation industry
Industry Median: 1.045
vs FRA:QAN: 0.66
Qantas Airways Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Qantas Airways was 12.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 48.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 24.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.20% per year.
During the past 13 years, Qantas Airways's highest 3-Year average Revenue per Share Growth Rate was 62.10% per year. The lowest was -31.50% per year. And the median was 2.40% per year.
Back to Basics: PS Ratio
Qantas Airways (FRA:QAN) 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.
Qantas Airways PS Ratio Related Terms
Qantas Airways PS Ratio Historical Data
* Premium members only.
The historical data trend for Qantas Airways'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 Airlines subindustry, Qantas Airways'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.
Qantas Airways PS Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Qantas Airways's PS Ratio distribution charts can be found below:
* The bar in red indicates where Qantas Airways'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.
Qantas Airways's Share Price of today is €6.241.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Qantas Airways's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €8.98.
* 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:
Qantas Airways (FRA:QAN) has a PS Ratio of 0.70 as of Jul. 23, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Qantas Airways and its competitors. This is 13% above median its historical median of 0.62. Over the past decade, Qantas Airways' PS Ratio has ranged from 0.22 to 1.88. According to the industry distribution chart, Qantas Airways ranks #357 out of 998 companies in the Transportation industry, placing it in the top 35.8%.
Is Qantas Airways' PS Ratio too high?
Qantas Airways' current PS Ratio of 0.70 is 13% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.88. The Transportation industry median PS Ratio is 1.05. Qantas Airways' value of 0.70 is 33% below this industry median. Based on the distribution chart, Qantas Airways ranks #357 out of 998 companies in the Transportation industry, which is above the industry midpoint. Overall, Qantas Airways has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qantas Airways' PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Qantas Airways ranks #357 out of 998 companies for PS Ratio. This puts Qantas Airways in the upper half of its industry. The industry median PS Ratio is 1.05. Qantas Airways' value of 0.70 is 33% below this benchmark. Historically, Qantas Airways' own PS Ratio has ranged from 0.22 to 1.88 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 1.05, Qantas Airways 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 Transportation company?
The median PS Ratio among Transportation companies is 1.05, based on 998 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. Qantas Airways's current PS Ratio of 0.70 is 33% 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 Qantas Airways and its competitors. For the Transportation industry, the median PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qantas Airways's current PS Ratio is 0.70, which is 13% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qantas Airways stock overvalued right now?
Based on GuruFocus' analysis, Qantas Airways (FRA:QAN) is currently considered Fairly Valued. The stock's GF Value™ is €6.79, compared to a current price of €6.24 — trading 8.1% below its estimated fair value. The current PS Ratio is 0.70, which is 13% above median its 10-year median of 0.62 and 33% below the Transportation industry median of 1.05. Qantas Airways' overall GF Score™ is 82/100 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 Qantas Airways (FRA:QAN), the current PS Ratio is 0.70 as of Jul. 23, 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 Qantas Airways (FRA:QAN) Overvalued in 2026?
Based on GuruFocus' analysis, Qantas Airways stock appears to be undervalued.
The current stock price of €6.24 is trading 8.1% below its estimated GF Value™ of €6.79.
GuruFocus considers Qantas Airways to be Fairly Valued.
Key valuation signals for FRA:QAN:
PS Ratio: 0.70 (13% above median its 10-year median of 0.62)
GF Value™: €6.79 vs. price of €6.24 (8.1% below fair value)
Industry Position: 33% below the Transportation median (#357 of 998)
No single metric tells the full story. See the FRA:QAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qantas Airways is Australia's largest domestic airline with typically a two thirds market share, effectively competing in a duopoly with Virgin. The company operates a multibrand strategy, with low-cost carrier Jetstar complementing the full-service Qantas brand. Its frequent-flyer loyalty program continues to expand with new partnerships, which are integral to retaining customer loyalty for its core airline business.
82GF Score
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