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Innovex InternationalINVX -1.46%21 PS Ratio is 1.96 as of Aug. 27, 2026, which is 23% above its 10-year median of 1.60. GuruFocus rates INVX with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 891 Oil & Gas companies, Innovex International ranks worse than 62.4% 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, Innovex International's share price is $28.26.
Innovex International's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $14.39. Hence, Innovex International's PS Ratio for today is 1.96.
Warning Sign:
Innovex International Inc stock PS Ratio (=1.99) is close to 2-year high of 2.17.
The historical rank and industry rank for Innovex International's PS Ratio or its related term are showing as below:
INVX'
s PS Ratio Range Over the Past 10 Years
Min: 1.09 Med: 1.6 Max: 2.17
Current: 2
During the past 5 years, Innovex International's highest PS Ratio was 2.17. The lowest was 1.09. And the median was 1.60.
INVX's PS Ratio is ranked worse than 62.4% of 891
companies
in the Oil & Gas industry
Industry Median: 1.36
vs INVX: 2.00
During the past 5 years, Innovex International's highest 3-Year average Revenue per Share Growth Rate was 43.40% per year. The lowest was 26.20% per year. And the median was 34.80% per year.
Innovex International (NYSE:INVX) 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.
* 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 Oil & Gas Equipment & Services subindustry, Innovex International'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.
Innovex International PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Innovex International's PS Ratio distribution charts can be found below:
* The bar in red indicates where Innovex International'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.
Innovex International's Share Price of today is $28.26. Innovex International'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 $14.39.
* 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:
Innovex International (INVX) has a PS Ratio of 1.96 as of Aug. 27, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Innovex International and its competitors. This is 23% above median its historical median of 1.60. Over the past decade, Innovex International's PS Ratio has ranged from 1.09 to 2.17. According to the industry distribution chart, Innovex International ranks #556 out of 891 companies in the Oil & Gas industry, placing it in the top 62.4%.
Is Innovex International's PS Ratio too high?
Innovex International's current PS Ratio of 1.96 is 23% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 2.17. The Oil & Gas industry median PS Ratio is 1.36. Innovex International's value of 1.96 is 44.1% above this industry median. Based on the distribution chart, Innovex International ranks #556 out of 891 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Innovex International has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Innovex International's PS Ratio compare to NEXT and XPRO?
According to the Oil & Gas industry distribution chart, Innovex International ranks #556 out of 891 companies for PS Ratio. This places Innovex International in the lower half of its industry. The industry median PS Ratio is 1.36. Innovex International's value of 1.96 is 44.1% above this benchmark. Historically, Innovex International's own PS Ratio has ranged from 1.09 to 2.17 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.36, Innovex International 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 an Oil & Gas company?
The median PS Ratio among Oil & Gas companies is 1.36, based on 891 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. Innovex International's current PS Ratio of 1.96 is 44.1% 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 Innovex International and its competitors. For the Oil & Gas industry, the median PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovex International's current PS Ratio is 1.96, which is 23% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovex International stock overvalued right now?
Innovex International (INVX) has a current PS Ratio of 1.96. The current PS Ratio is 1.96, which is 23% above median its 10-year median of 1.60 and 44.1% above the Oil & Gas industry median of 1.36. Innovex International's overall GF Score™ is 21/100 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 Innovex International (INVX), the current PS Ratio is 1.96 as of Aug. 27, 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.
Innovex International Inc designs, manufactures, sells, and rents mission-critical engineered products to the oil and natural gas industry. Its products are Subsea, Surface Wellheads, Well Construction, Well Completion, Production Solutions, Fishing & Intervention. Its products support upstream onshore and offshore activities. The group's geographic regions are North America, Latin America, Middle East & Asia Pacific, and Europe & Africa.
21GF Score
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