Friedman IndustriesFRD +10.19%75 PS Ratio is 0.38 as of Jul. 01, 2026, which is 41% above its 10-year median of 0.27. GuruFocus rates FRD with a GF Score™ of 75/100 and a GF Value™ of $22.23 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 611 Steel companies, Friedman Industries ranks better than 66.94% 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, Friedman Industries's share price is $35.14.
Friedman Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $92.85. Hence, Friedman Industries's PS Ratio for today is 0.38.
The historical rank and industry rank for Friedman Industries's PS Ratio or its related term are showing as below:
FRD'
s PS Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.27 Max: 0.72
Current: 0.36
During the past 13 years, Friedman Industries's highest PS Ratio was 0.72. The lowest was 0.11. And the median was 0.27.
FRD's PS Ratio is ranked better than 66.94% of 611
companies
in the Steel industry
Industry Median: 0.58
vs FRD: 0.36
During the past 12 months, the average Revenue per Share Growth Rate of Friedman Industries was 45.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 7.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 29.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 24.70% per year.
During the past 13 years, Friedman Industries's highest 3-Year average Revenue per Share Growth Rate was 56.30% per year. The lowest was -31.30% per year. And the median was 4.00% per year.
Back to Basics: PS Ratio
Friedman Industries (NAS:FRD) 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.
Friedman Industries PS Ratio Related Terms
Friedman Industries PS Ratio Historical Data
* Premium members only.
The historical data trend for Friedman Industries'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 Steel subindustry, Friedman Industries'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.
Friedman Industries PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's PS Ratio distribution charts can be found below:
* The bar in red indicates where Friedman Industries'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.
Friedman Industries's Share Price of today is $35.14. Friedman Industries'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 $92.85.
* 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:
Friedman Industries (FRD) has a PS Ratio of 0.38 as of Jul. 01, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Friedman Industries and its competitors. This is 41% above median its historical median of 0.27. Over the past decade, Friedman Industries' PS Ratio has ranged from 0.11 to 0.72. According to the industry distribution chart, Friedman Industries ranks #202 out of 611 companies in the Steel industry, placing it in the top 33.1%.
Is Friedman Industries' PS Ratio too high?
Friedman Industries' current PS Ratio of 0.38 is 41% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.72. The Steel industry median PS Ratio is 0.58. Friedman Industries' value of 0.38 is 34.5% below this industry median. Based on the distribution chart, Friedman Industries ranks #202 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, Friedman Industries has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' PS Ratio compare to INHD and MSB?
According to the Steel industry distribution chart, Friedman Industries ranks #202 out of 611 companies for PS Ratio. This puts Friedman Industries in the upper half of its industry. The industry median PS Ratio is 0.58. Friedman Industries' value of 0.38 is 34.5% below this benchmark. Historically, Friedman Industries' own PS Ratio has ranged from 0.11 to 0.72 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.58, Friedman Industries 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 Steel company?
The median PS Ratio among Steel companies is 0.58, based on 611 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. Friedman Industries's current PS Ratio of 0.38 is 34.5% 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 Friedman Industries and its competitors. For the Steel industry, the median PS Ratio is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friedman Industries's current PS Ratio is 0.38, which is 41% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.23, compared to a current price of $35.14 — trading 58.1% above its estimated fair value. The current PS Ratio is 0.38, which is 41% above median its 10-year median of 0.27 and 34.5% below the Steel industry median of 0.58. Friedman Industries' overall GF Score™ is 75/100 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 Friedman Industries (FRD), the current PS Ratio is 0.38 as of Jul. 01, 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 Friedman Industries (FRD) Overvalued in 2026?
Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued.
The current stock price of $35.14 is trading 58.1% above its estimated GF Value™ of $22.23.
GuruFocus considers Friedman Industries to be Significantly Overvalued.
Key valuation signals for FRD:
PS Ratio: 0.38 (41% above median its 10-year median of 0.27)
GF Value™: $22.23 vs. price of $35.14 (58.1% above fair value)
Industry Position: 34.5% below the Steel median (#202 of 611)
No single metric tells the full story. See the FRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD). Its products are flat-roll products and tubular products.
75GF Score
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