ITM PowerLSE:ITM -5.31%76 PS Ratio is 25.96 as of Jul. 08, 2026, which is 25% below its 10-year median of 34.53. GuruFocus rates LSE:ITM with a GF Score™ of 76/100 and a GF Value™ of £1.89 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 3,020 Industrial Products companies, ITM Power ranks worse than 97.19% 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, ITM Power's share price is £1.194.
ITM Power's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2025 was £0.05. Hence, ITM Power's PS Ratio for today is 25.96.
The historical rank and industry rank for ITM Power's PS Ratio or its related term are showing as below:
LSE:ITM'
s PS Ratio Range Over the Past 10 Years
Min: 7.32 Med: 34.53 Max: 852.5
Current: 26.08
During the past 13 years, ITM Power's highest PS Ratio was 852.50. The lowest was 7.32. And the median was 34.53.
LSE:ITM's PS Ratio is ranked worse than 97.19% of 3020
companies
in the Industrial Products industry
Industry Median: 2.04
vs LSE:ITM: 26.08
During the past 12 months, the average Revenue per Share Growth Rate of ITM Power was 24.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 61.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 40.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.30% per year.
During the past 13 years, ITM Power's highest 3-Year average Revenue per Share Growth Rate was 115.40% per year. The lowest was -10.60% per year. And the median was 11.20% per year.
Back to Basics: PS Ratio
ITM Power (LSE:ITM) 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.
ITM Power PS Ratio Related Terms
ITM Power PS Ratio Historical Data
* Premium members only.
The historical data trend for ITM Power'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 Specialty Industrial Machinery subindustry, ITM Power'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.
ITM Power PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ITM Power's PS Ratio distribution charts can be found below:
* The bar in red indicates where ITM Power'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.
ITM Power's Share Price of today is £1.194.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ITM Power's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2025 was £0.05.
* 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:
ITM Power (LSE:ITM) has a PS Ratio of 25.96 as of Jul. 08, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on ITM Power and its competitors. This is 25% below median its historical median of 34.53. Over the past decade, ITM Power's PS Ratio has ranged from 7.32 to 852.50. According to the industry distribution chart, ITM Power ranks #2935 out of 3020 companies in the Industrial Products industry, placing it in the top 97.2%.
Is ITM Power's PS Ratio too high?
ITM Power's current PS Ratio of 25.96 is 25% below median its 10-year median of 34.53. Over the past 10 years, this metric has ranged from a low of 7.32 to a high of 852.50. The Industrial Products industry median PS Ratio is 2.04. ITM Power's value of 25.96 is 1172.5% above this industry median. Based on the distribution chart, ITM Power ranks #2935 out of 3020 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, ITM Power has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITM Power ranks #2935 out of 3020 companies for PS Ratio. This places ITM Power in the lower half of its industry. The industry median PS Ratio is 2.04. ITM Power's value of 25.96 is 1172.5% above this benchmark. Historically, ITM Power's own PS Ratio has ranged from 7.32 to 852.50 over the past decade. While the company's 10-year median is 34.53 vs. the industry median of 2.04, ITM Power 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 Industrial Products company?
The median PS Ratio among Industrial Products companies is 2.04, based on 3,020 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. ITM Power's current PS Ratio of 25.96 is 1172.5% 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 ITM Power and its competitors. For the Industrial Products industry, the median PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITM Power's current PS Ratio is 25.96, which is 25% below median its own 10-year median of 34.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (LSE:ITM) is currently considered Possible Value Trap. The stock's GF Value™ is £1.89, compared to a current price of £1.19 — trading 36.8% below its estimated fair value. The current PS Ratio is 25.96, which is 25% below median its 10-year median of 34.53 and 1172.5% above the Industrial Products industry median of 2.04. ITM Power's overall GF Score™ is 76/100 with 1 warning sign 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 ITM Power (LSE:ITM), the current PS Ratio is 25.96 as of Jul. 08, 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 ITM Power (LSE:ITM) Overvalued in 2026?
Based on GuruFocus' analysis, ITM Power stock appears to be undervalued.
The current stock price of £1.19 is trading 36.8% below its estimated GF Value™ of £1.89.
GuruFocus considers ITM Power to be Possible Value Trap.
Key valuation signals for LSE:ITM:
PS Ratio: 25.96 (25% below median its 10-year median of 34.53)
GF Value™: £1.89 vs. price of £1.19 (36.8% below fair value)
Industry Position: 1172.5% above the Industrial Products median (#2935 of 3020)
No single metric tells the full story. See the LSE:ITM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
76GF Score
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