Singapore ExchangeFRA:SOU -0.60%89 PS Ratio is 18.62 as of Jul. 06, 2026, which is 88% above its 10-year median of 9.88. GuruFocus rates FRA:SOU with a GF Score™ of 89/100 and a GF Value™ of €8.93 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 758 Capital Markets companies, Singapore Exchange ranks worse than 85.36% 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, Singapore Exchange's share price is €16.50.
Singapore Exchange's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.89. Hence, Singapore Exchange's PS Ratio for today is 18.62.
Warning Sign:
Singapore Exchange Ltd stock PS Ratio (=18.86) is close to 10-year high of 18.94.
The historical rank and industry rank for Singapore Exchange's PS Ratio or its related term are showing as below:
FRA:SOU'
s PS Ratio Range Over the Past 10 Years
Min: 8.24 Med: 9.88 Max: 18.94
Current: 18.15
During the past 13 years, Singapore Exchange's highest PS Ratio was 18.94. The lowest was 8.24. And the median was 9.88.
FRA:SOU's PS Ratio is ranked worse than 85.36% of 758
companies
in the Capital Markets industry
Industry Median: 4.245
vs FRA:SOU: 18.15
Singapore Exchange Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Singapore Exchange was 8.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 8.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 5.70% per year.
During the past 13 years, Singapore Exchange's highest 3-Year average Revenue per Share Growth Rate was 39.50% per year. The lowest was -5.00% per year. And the median was 5.20% per year.
Back to Basics: PS Ratio
Singapore Exchange (FRA:SOU) 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.
Singapore Exchange PS Ratio Related Terms
Singapore Exchange PS Ratio Historical Data
* Premium members only.
The historical data trend for Singapore Exchange'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 Financial Data & Stock Exchanges subindustry, Singapore Exchange'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.
Singapore Exchange PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Singapore Exchange's PS Ratio distribution charts can be found below:
* The bar in red indicates where Singapore Exchange'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.
Singapore Exchange's Share Price of today is €16.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Singapore Exchange's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.89.
* 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:
Singapore Exchange (FRA:SOU) has a PS Ratio of 18.62 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 Singapore Exchange and its competitors. This is 88% above median its historical median of 9.88. Over the past decade, Singapore Exchange's PS Ratio has ranged from 8.24 to 18.94. According to the industry distribution chart, Singapore Exchange ranks #647 out of 758 companies in the Capital Markets industry, placing it in the top 85.4%.
Is Singapore Exchange's PS Ratio too high?
Singapore Exchange's current PS Ratio of 18.62 is 88% above median its 10-year median of 9.88. Over the past 10 years, this metric has ranged from a low of 8.24 to a high of 18.94. The Capital Markets industry median PS Ratio is 4.25. Singapore Exchange's value of 18.62 is 338.6% above this industry median. Based on the distribution chart, Singapore Exchange ranks #647 out of 758 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Singapore Exchange has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Exchange's PS Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Singapore Exchange ranks #647 out of 758 companies for PS Ratio. This places Singapore Exchange in the lower half of its industry. The industry median PS Ratio is 4.25. Singapore Exchange's value of 18.62 is 338.6% above this benchmark. Historically, Singapore Exchange's own PS Ratio has ranged from 8.24 to 18.94 over the past decade. While the company's 10-year median is 9.88 vs. the industry median of 4.25, Singapore Exchange 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 Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.25, based on 758 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. Singapore Exchange's current PS Ratio of 18.62 is 338.6% 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 Singapore Exchange and its competitors. For the Capital Markets industry, the median PS Ratio is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Exchange's current PS Ratio is 18.62, which is 88% above median its own 10-year median of 9.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Exchange stock overvalued right now?
Based on GuruFocus' analysis, Singapore Exchange (FRA:SOU) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.93, compared to a current price of €16.50 — trading 84.8% above its estimated fair value. The current PS Ratio is 18.62, which is 88% above median its 10-year median of 9.88 and 338.6% above the Capital Markets industry median of 4.25. Singapore Exchange's overall GF Score™ is 89/100 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 Singapore Exchange (FRA:SOU), the current PS Ratio is 18.62 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.
Is Singapore Exchange (FRA:SOU) Overvalued in 2026?
Based on GuruFocus' analysis, Singapore Exchange stock appears to be overvalued.
The current stock price of €16.50 is trading 84.8% above its estimated GF Value™ of €8.93.
GuruFocus considers Singapore Exchange to be Significantly Overvalued.
Key valuation signals for FRA:SOU:
PS Ratio: 18.62 (88% above median its 10-year median of 9.88)
GF Value™: €8.93 vs. price of €16.50 (84.8% above fair value)
Industry Position: 338.6% above the Capital Markets median (#647 of 758)
No single metric tells the full story. See the FRA:SOU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Singapore Exchange is a vertically integrated securities exchange business, offering listing-, data-, trading-, clearing- and settlement services across equities, debt and derivatives. Singapore Exchange, like Singapore itself, is remarkably outward-facing and offers some of the most liquid and widely traded equity derivative products for various regional markets, including the FTSE China A50 Index Futures.
89GF Score
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