Telemasters HoldingsJSE:TLM 64 PS Ratio is 1.07 as of Jul. 07, 2026, which is 55% above its 10-year median of 0.69. GuruFocus rates JSE:TLM with a GF Score™ of 64/100 and a GF Value™ of R1.10 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 365 Telecommunication Services companies, Telemasters Holdings ranks better than 59.73% 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, Telemasters Holdings's share price is R1.30.
Telemasters Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was R1.22. Hence, Telemasters Holdings's PS Ratio for today is 1.07.
The historical rank and industry rank for Telemasters Holdings's PS Ratio or its related term are showing as below:
JSE:TLM'
s PS Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.69 Max: 1.73
Current: 1.07
During the past 13 years, Telemasters Holdings's highest PS Ratio was 1.73. The lowest was 0.11. And the median was 0.69.
JSE:TLM's PS Ratio is ranked better than 59.73% of 365
companies
in the Telecommunication Services industry
Industry Median: 1.36
vs JSE:TLM: 1.07
Telemasters Holdings Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Telemasters Holdings was 11.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -1.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -10.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -10.30% per year.
During the past 13 years, Telemasters Holdings's highest 3-Year average Revenue per Share Growth Rate was 14.40% per year. The lowest was -28.50% per year. And the median was -12.10% per year.
Back to Basics: PS Ratio
Telemasters Holdings (JSE:TLM) 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.
Telemasters Holdings PS Ratio Related Terms
Telemasters Holdings PS Ratio Historical Data
* Premium members only.
The historical data trend for Telemasters Holdings'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 Telecom Services subindustry, Telemasters Holdings'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.
Telemasters Holdings PS Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telemasters Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where Telemasters Holdings'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.
Telemasters Holdings's Share Price of today is R1.30.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Telemasters Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was R1.22.
* 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:
Telemasters Holdings (JSE:TLM) has a PS Ratio of 1.07 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 Telemasters Holdings and its competitors. This is 55% above median its historical median of 0.69. Over the past decade, Telemasters Holdings' PS Ratio has ranged from 0.11 to 1.73. According to the industry distribution chart, Telemasters Holdings ranks #147 out of 365 companies in the Telecommunication Services industry, placing it in the top 40.3%.
Is Telemasters Holdings' PS Ratio too high?
Telemasters Holdings' current PS Ratio of 1.07 is 55% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.73. The Telecommunication Services industry median PS Ratio is 1.36. Telemasters Holdings' value of 1.07 is 21.3% below this industry median. Based on the distribution chart, Telemasters Holdings ranks #147 out of 365 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Telemasters Holdings has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telemasters Holdings' PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telemasters Holdings ranks #147 out of 365 companies for PS Ratio. This puts Telemasters Holdings in the upper half of its industry. The industry median PS Ratio is 1.36. Telemasters Holdings' value of 1.07 is 21.3% below this benchmark. Historically, Telemasters Holdings' own PS Ratio has ranged from 0.11 to 1.73 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.36, Telemasters Holdings 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 Telecommunication Services company?
The median PS Ratio among Telecommunication Services companies is 1.36, based on 365 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. Telemasters Holdings's current PS Ratio of 1.07 is 21.3% 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 Telemasters Holdings and its competitors. For the Telecommunication Services 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. Telemasters Holdings's current PS Ratio is 1.07, which is 55% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telemasters Holdings stock overvalued right now?
Based on GuruFocus' analysis, Telemasters Holdings (JSE:TLM) is currently considered Modestly Overvalued. The stock's GF Value™ is R1.10, compared to a current price of R1.30 — trading 18.2% above its estimated fair value. The current PS Ratio is 1.07, which is 55% above median its 10-year median of 0.69 and 21.3% below the Telecommunication Services industry median of 1.36. Telemasters Holdings' overall GF Score™ is 64/100 with 3 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 Telemasters Holdings (JSE:TLM), the current PS Ratio is 1.07 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 Telemasters Holdings (JSE:TLM) Overvalued in 2026?
Based on GuruFocus' analysis, Telemasters Holdings stock appears to be overvalued.
The current stock price of R1.30 is trading 18.2% above its estimated GF Value™ of R1.10.
GuruFocus considers Telemasters Holdings to be Modestly Overvalued.
Key valuation signals for JSE:TLM:
PS Ratio: 1.07 (55% above median its 10-year median of 0.69)
GF Value™: R1.10 vs. price of R1.30 (18.2% above fair value)
Industry Position: 21.3% below the Telecommunication Services median (#147 of 365)
No single metric tells the full story. See the JSE:TLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telemasters Holdings Ltd is a diversified technology investment company. It provides comprehensive telecommunications services including internet connectivity, cloud solutions, and data storage tailored for businesses across South Africa. The company's reporting segments are: ICT Managed Solutions, Data Centre Services and Corporate. It generates the majority of revenue from the ICT Managed Solutions segment, which provides i) ICT managed solutions to medium and small enterprises through a comprehensive suite of products and services focused on digital connectivity and ii) Data Centre Services.
64GF Score
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