DeFi Technologies (FRA:R9B) PS Ratio: (As of Aug. 25, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:R9B DeFi Technologies Inc FRA:R9B
68 GF Score
Price €0.54
GF Value €0.92
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is DeFi Technologies PS Ratio?

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, DeFi Technologies's share price is €0.541. DeFi Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.05. Hence, DeFi Technologies's PS Ratio for today is .

The historical rank and industry rank for DeFi Technologies's PS Ratio or its related term are showing as below:

During the past 13 years, DeFi Technologies's highest PS Ratio was 63.49. The lowest was 0.07. And the median was 3.62.

FRA:R9B's PS Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 4.105
* Ranked among companies with meaningful PS Ratio only.

DeFi Technologies's Revenue per Sharefor the three months ended in Jun. 2026 was €-0.09. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.05.

Warning Sign:

DeFi Technologies 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 DeFi Technologies was -108.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -32.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 36.60% per year.

During the past 13 years, DeFi Technologies's highest 3-Year average Revenue per Share Growth Rate was 84.10% per year. The lowest was -38.00% per year. And the median was -22.10% per year.

Back to Basics: PS Ratio


DeFi Technologies  (FRA:R9B) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


DeFi Technologies PS Ratio Related Terms


DeFi Technologies PS Ratio Historical Data

* Premium members only.

The historical data trend for DeFi Technologies'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.

DeFi Technologies PS Ratio Chart

DeFi Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.37 0.16 7.42 11.57 3.79

DeFi Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.68 3.47 3.79 1.28 0.00

FRA:R9B vs MS, GS, SCHW: PS Ratio Comparison

For the Capital Markets subindustry, DeFi Technologies'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.


DeFi Technologies PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DeFi Technologies's PS Ratio distribution charts can be found below:

* The bar in red indicates where DeFi Technologies's PS Ratio falls into.


FRA:R9B
68GF Score
DeFi Technologies Inc FRA:R9B
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DeFi Technologies PS Ratio Calculation

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.

DeFi Technologies's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.541/-0.046
=

DeFi Technologies's Share Price of today is €0.541.
DeFi Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.05.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Is DeFi Technologies (FRA:R9B) Overvalued in 2026?

Based on GuruFocus' analysis, DeFi Technologies stock appears to be undervalued. The current stock price of €0.54 is trading 41.2% below its estimated GF Value™ of €0.92. GuruFocus considers DeFi Technologies to be Possible Value Trap.

Key valuation signals for FRA:R9B:

  • PS Ratio:
  • GF Value™: €0.92 vs. price of €0.54 (41.2% below fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the FRA:R9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DeFi Technologies Business Description

Address 333 Bay Street, Suite 2400, Toronto, ON, CAN, M5H 2T6
DeFi Technologies Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets, providing premium membership for research reports to investors and offering node management of decentralized protocols to support governance, security and transaction validation.
68GF Score

Get the complete analysis for FRA:R9B

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.54
Price
€0.92
GF Value