IHS (IHS Holding) PS Ratio: 1.80 (As of Jul. 01, 2026) — 40% Above Median


IHS IHS Holding Ltd IHS
46 GF Score
Price $8.20
GF Value $4.12
Valuation Significantly Overvalued
! 8 Warning Signs
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What is IHS Holding PS Ratio?

IHS Holding IHS -0.49% 46 PS Ratio is 1.80 as of Jul. 01, 2026, which is 40% above its 10-year median of 1.29. GuruFocus rates IHS with a GF Score™ of 46/100 and a GF Value™ of $4.12 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,741 Real Estate companies, IHS Holding ranks better than 56.58% 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, IHS Holding's share price is $8.20. IHS Holding's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $4.55. Hence, IHS Holding's PS Ratio for today is 1.80.

Warning Sign:

IHS Holding Ltd stock PS Ratio (=1.81) is close to 3-year high of 1.84.

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

IHS' s PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.29   Max: 3.67
Current: 1.79

During the past 8 years, IHS Holding's highest PS Ratio was 3.67. The lowest was 0.42. And the median was 1.29.

IHS's PS Ratio is ranked better than
56.58% of 1741 companies
in the Real Estate industry
Industry Median: 2.42 vs IHS: 1.79

IHS Holding's Revenue per Sharefor the three months ended in Mar. 2026 was $1.21. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $4.55.

Warning Sign:

IHS Holding Ltd 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 IHS Holding was 1.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was -7.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 0.50% per year.

During the past 8 years, IHS Holding's highest 3-Year average Revenue per Share Growth Rate was 15.90% per year. The lowest was -7.40% per year. And the median was 10.60% per year.

Back to Basics: PS Ratio


IHS Holding  (NYSE:IHS) 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.


IHS Holding PS Ratio Related Terms


IHS Holding PS Ratio Historical Data

* Premium members only.

The historical data trend for IHS Holding'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.

IHS Holding PS Ratio Chart

IHS Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial 2.87 1.05 0.80 0.64 1.61

IHS Holding 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 1.16 1.25 1.50 1.61 1.81

IHS vs NMRK, CWK, KW: PS Ratio Comparison

For the Real Estate Services subindustry, IHS Holding'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.


IHS Holding PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IHS Holding's PS Ratio distribution charts can be found below:

* The bar in red indicates where IHS Holding's PS Ratio falls into.


IHS
46GF Score
IHS Holding Ltd IHS
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IHS Holding 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.

IHS Holding's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=8.20/4.548
=1.80

IHS Holding's Share Price of today is $8.20.
IHS Holding'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 $4.55.

* 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 1.80 mean?
IHS Holding (IHS) has a PS Ratio of 1.80 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 IHS Holding and its competitors. This is 40% above median its historical median of 1.29. Over the past decade, IHS Holding's PS Ratio has ranged from 0.42 to 3.67. According to the industry distribution chart, IHS Holding ranks #756 out of 1741 companies in the Real Estate industry, placing it in the top 43.4%.
Is IHS Holding's PS Ratio too high?
IHS Holding's current PS Ratio of 1.80 is 40% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 3.67. The Real Estate industry median PS Ratio is 2.42. IHS Holding's value of 1.80 is 25.6% below this industry median. Based on the distribution chart, IHS Holding ranks #756 out of 1741 companies in the Real Estate industry, which is above the industry midpoint. Overall, IHS Holding has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IHS Holding's PS Ratio compare to NMRK and CWK?
According to the Real Estate industry distribution chart, IHS Holding ranks #756 out of 1741 companies for PS Ratio. This puts IHS Holding in the upper half of its industry. The industry median PS Ratio is 2.42. IHS Holding's value of 1.80 is 25.6% below this benchmark. Historically, IHS Holding's own PS Ratio has ranged from 0.42 to 3.67 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 2.42, IHS Holding 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 Real Estate company?
The median PS Ratio among Real Estate companies is 2.42, based on 1,741 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. IHS Holding's current PS Ratio of 1.80 is 25.6% 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 IHS Holding and its competitors. For the Real Estate industry, the median PS Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IHS Holding's current PS Ratio is 1.80, which is 40% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IHS Holding stock overvalued right now?
Based on GuruFocus' analysis, IHS Holding (IHS) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.12, compared to a current price of $8.20 — trading 99% above its estimated fair value. The current PS Ratio is 1.80, which is 40% above median its 10-year median of 1.29 and 25.6% below the Real Estate industry median of 2.42. IHS Holding's overall GF Score™ is 46/100 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 IHS Holding (IHS), the current PS Ratio is 1.80 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 IHS Holding (IHS) Overvalued in 2026?

Based on GuruFocus' analysis, IHS Holding stock appears to be overvalued. The current stock price of $8.20 is trading 99% above its estimated GF Value™ of $4.12. GuruFocus considers IHS Holding to be Significantly Overvalued.

Key valuation signals for IHS:

  • PS Ratio: 1.80 (40% above median its 10-year median of 1.29)
  • GF Value™: $4.12 vs. price of $8.20 (99% above fair value)
  • GF Score™: 46/100 with 8 warning signs
  • Industry Position: 25.6% below the Real Estate median (#756 of 1741)

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


IHS Holding Business Description

Other Exchanges 4JB:Germany
Address 123 Victoria Street, 1 Cathedral Piazza, London, GBR, SW1E 5BP
IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria and Sub-Saharan Africa. The majority of its revenue is derived from Nigeria.
46GF Score

Get the complete analysis for IHS

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

$8.20
Price
$4.12
GF Value