Zalando SE (HAM:ZAL) PS Ratio: 0.55 (As of Jul. 07, 2026) — 67% Below Median


HAM:ZAL Zalando SE HAM:ZAL
84 GF Score
Price €27.44
GF Value €33.09
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Zalando SE PS Ratio?

Zalando SE HAM:ZAL +2.01% 84 PS Ratio is 0.55 as of Jul. 07, 2026, which is 67% below its 10-year median of 1.69. GuruFocus rates HAM:ZAL with a GF Score™ of 84/100 and a GF Value™ of €33.09 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,114 Retail - Cyclical companies, Zalando SE ranks better than 55.39% 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, Zalando SE's share price is €27.44. Zalando SE's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €49.92. Hence, Zalando SE's PS Ratio for today is 0.55.

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

HAM:ZAL' s PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.69   Max: 3.33
Current: 0.54

During the past 13 years, Zalando SE's highest PS Ratio was 3.33. The lowest was 0.39. And the median was 1.69.

HAM:ZAL's PS Ratio is ranked better than
55.39% of 1114 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs HAM:ZAL: 0.54

Zalando SE's Revenue per Sharefor the three months ended in Mar. 2026 was €11.63. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €49.92.

Good Sign:

Zalando SE has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Zalando SE was 20.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 5.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 14.90% per year.

During the past 13 years, Zalando SE's highest 3-Year average Revenue per Share Growth Rate was 125.40% per year. The lowest was 1.10% per year. And the median was 21.50% per year.

Back to Basics: PS Ratio


Zalando SE  (HAM:ZAL) 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.


Zalando SE PS Ratio Related Terms


Zalando SE PS Ratio Historical Data

* Premium members only.

The historical data trend for Zalando SE'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.

Zalando SE PS Ratio Chart

Zalando SE 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 1.82 0.83 0.55 0.80 0.54

Zalando SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.77 0.66 0.57 0.54 0.41

HAM:ZAL vs AMZN, BABA, PDD: PS Ratio Comparison

For the Internet Retail subindustry, Zalando SE'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.


Zalando SE PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zalando SE's PS Ratio distribution charts can be found below:

* The bar in red indicates where Zalando SE's PS Ratio falls into.


HAM:ZAL
84GF Score
Zalando SE HAM:ZAL
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zalando SE 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.

Zalando SE's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=27.44/49.915
=0.55

Zalando SE's Share Price of today is €27.44.
Zalando SE'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 €49.92.

* 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.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 0.55 mean?
Zalando SE (HAM:ZAL) has a PS Ratio of 0.55 as of Jul. 07, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Zalando SE and its competitors. This is 67% below median its historical median of 1.69. Over the past decade, Zalando SE's PS Ratio has ranged from 0.39 to 3.33. According to the industry distribution chart, Zalando SE ranks #497 out of 1114 companies in the Retail - Cyclical industry, placing it in the top 44.6%.
Is Zalando SE's PS Ratio too high?
Zalando SE's current PS Ratio of 0.55 is 67% below median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 3.33. The Retail - Cyclical industry median PS Ratio is 0.64. Zalando SE's value of 0.55 is 14.1% below this industry median. Based on the distribution chart, Zalando SE ranks #497 out of 1114 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Zalando SE has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zalando SE's PS Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Zalando SE ranks #497 out of 1114 companies for PS Ratio. This puts Zalando SE in the upper half of its industry. The industry median PS Ratio is 0.64. Zalando SE's value of 0.55 is 14.1% below this benchmark. Historically, Zalando SE's own PS Ratio has ranged from 0.39 to 3.33 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 0.64, Zalando SE 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 Retail - Cyclical company?
The median PS Ratio among Retail - Cyclical companies is 0.64, based on 1,114 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. Zalando SE's current PS Ratio of 0.55 is 14.1% 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 Zalando SE and its competitors. For the Retail - Cyclical industry, the median PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zalando SE's current PS Ratio is 0.55, which is 67% below median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalando SE stock overvalued right now?
Based on GuruFocus' analysis, Zalando SE (HAM:ZAL) is currently considered Modestly Undervalued. The stock's GF Value™ is €33.09, compared to a current price of €27.44 — trading 17.1% below its estimated fair value. The current PS Ratio is 0.55, which is 67% below median its 10-year median of 1.69 and 14.1% below the Retail - Cyclical industry median of 0.64. Zalando SE's overall GF Score™ is 84/100 with 8 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 Zalando SE (HAM:ZAL), the current PS Ratio is 0.55 as of Jul. 07, 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 Zalando SE (HAM:ZAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zalando SE stock appears to be undervalued. The current stock price of €27.44 is trading 17.1% below its estimated GF Value™ of €33.09. GuruFocus considers Zalando SE to be Modestly Undervalued.

Key valuation signals for HAM:ZAL:

  • PS Ratio: 0.55 (67% below median its 10-year median of 1.69)
  • GF Value™: €33.09 vs. price of €27.44 (17.1% below fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 14.1% below the Retail - Cyclical median (#497 of 1114)

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


Zalando SE Business Description

Address Valeska-Gert-Strabe 5, Berlin, DEU, 10243
Zalando, founded in 2008, is Europe's biggest pure-play online fashion platform. Zalando is present in 25 European countries, and its major market is the DACH region, comprising Germany, Austria, and Switzerland. After the About You acquisition, it has 17 fulfillment centers, offers over 7,000 brands, and as of September 2025, had 62 million active users (more than 10% of the population in countries where the firm has a presence).
84GF Score

Get the complete analysis for HAM:ZAL

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

€27.44
Price
€33.09
GF Value