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Ionic DigitalIOND +1.75%13 PS Ratio is 34.68 as of Sep. 17, 2026, which is 21% above its 10-year median of 28.61. GuruFocus rates IOND with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 757 Capital Markets companies, Ionic Digital ranks worse than 91.28% 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, Ionic Digital's share price is $84.85.
Ionic Digital's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $2.45. Hence, Ionic Digital's PS Ratio for today is 34.68.
The historical rank and industry rank for Ionic Digital's PS Ratio or its related term are showing as below:
IOND'
s PS Ratio Range Over the Past 10 Years
Min: 25.79 Med: 28.61 Max: 35.01
Current: 34.7
During the past 3 years, Ionic Digital's highest PS Ratio was 35.01. The lowest was 25.79. And the median was 28.61.
IOND's PS Ratio is ranked worse than 91.28% of 757
companies
in the Capital Markets industry
Industry Median: 3.95
vs IOND: 34.70
Ionic Digital Inc 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 Ionic Digital was 77.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -1.20% per year.
During the past 3 years, Ionic Digital's highest 3-Year average Revenue per Share Growth Rate was -1.20% per year. The lowest was -1.20% per year. And the median was -1.20% per year.
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.
Ionic Digital PS Ratio Related Terms
Ionic Digital PS Ratio Historical Data
* Premium members only.
The historical data trend for Ionic Digital'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.
Ionic Digital PS Ratio Chart
Ionic Digital Annual Data
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IOND vs CLSK, ETOR, PURR: PS Ratio Comparison
For the Capital Markets subindustry, Ionic Digital'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.
Ionic Digital PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Ionic Digital's PS Ratio distribution charts can be found below:
* The bar in red indicates where Ionic Digital'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.
Ionic Digital's Share Price of today is $84.85. Ionic Digital'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 $2.45.
* 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:
Ionic Digital (IOND) has a PS Ratio of 34.68 as of Sep. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Ionic Digital and its competitors. This is 21% above median its historical median of 28.61. Over the past decade, Ionic Digital's PS Ratio has ranged from 25.79 to 35.01. According to the industry distribution chart, Ionic Digital ranks #691 out of 757 companies in the Capital Markets industry, placing it in the top 91.3%.
Is Ionic Digital's PS Ratio too high?
Ionic Digital's current PS Ratio of 34.68 is 21% above median its 10-year median of 28.61. Over the past 10 years, this metric has ranged from a low of 25.79 to a high of 35.01. The Capital Markets industry median PS Ratio is 3.95. Ionic Digital's value of 34.68 is 778% above this industry median. Based on the distribution chart, Ionic Digital ranks #691 out of 757 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Ionic Digital has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Ionic Digital's PS Ratio compare to CLSK and ETOR?
According to the Capital Markets industry distribution chart, Ionic Digital ranks #691 out of 757 companies for PS Ratio. This places Ionic Digital in the lower half of its industry. The industry median PS Ratio is 3.95. Ionic Digital's value of 34.68 is 778% above this benchmark. Historically, Ionic Digital's own PS Ratio has ranged from 25.79 to 35.01 over the past decade. While the company's 10-year median is 28.61 vs. the industry median of 3.95, Ionic Digital 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 3.95, based on 757 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. Ionic Digital's current PS Ratio of 34.68 is 778% 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 Ionic Digital and its competitors. For the Capital Markets industry, the median PS Ratio is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ionic Digital's current PS Ratio is 34.68, which is 21% above median its own 10-year median of 28.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionic Digital stock overvalued right now?
Ionic Digital (IOND) has a current PS Ratio of 34.68. The current PS Ratio is 34.68, which is 21% above median its 10-year median of 28.61 and 778% above the Capital Markets industry median of 3.95. Ionic Digital's overall GF Score™ is 13/100 with 2 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 Ionic Digital (IOND), the current PS Ratio is 34.68 as of Sep. 17, 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.
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