Ocado Group (LSE:OCDO) PS Ratio: 1.13 (As of Jul. 09, 2026) — 56% Below Median


LSE:OCDO Ocado Group PLC LSE:OCDO
48 GF Score
Price £1.73
GF Value £3.36
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Ocado Group PS Ratio?

Ocado Group LSE:OCDO -1.25% 48 PS Ratio is 1.13 as of Jul. 09, 2026, which is 56% below its 10-year median of 2.54. GuruFocus rates LSE:OCDO with a GF Score™ of 48/100 and a GF Value™ of £3.36 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 311 Retail - Defensive companies, Ocado Group ranks worse than 77.17% 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, Ocado Group's share price is £1.734. Ocado Group's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2025 was £1.54. Hence, Ocado Group's PS Ratio for today is 1.13.

Good Sign:

Ocado Group PLC stock PS Ratio (=1.13) is close to 10-year low of 1.1.

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

LSE:OCDO' s PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 2.54   Max: 11.16
Current: 1.13

During the past 13 years, Ocado Group's highest PS Ratio was 11.16. The lowest was 1.10. And the median was 2.54.

LSE:OCDO's PS Ratio is ranked worse than
77.17% of 311 companies
in the Retail - Defensive industry
Industry Median: 0.5 vs LSE:OCDO: 1.13

Ocado Group's Revenue per Sharefor the six months ended in Nov. 2025 was £0.78. Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2025 was £1.54.

Warning Sign:

Ocado Group PLC 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 Ocado Group was 3.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -22.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was -18.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was -2.60% per year.

During the past 13 years, Ocado Group's highest 3-Year average Revenue per Share Growth Rate was 28.60% per year. The lowest was -24.90% per year. And the median was 10.30% per year.

Back to Basics: PS Ratio


Ocado Group  (LSE:OCDO) 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.


Ocado Group PS Ratio Related Terms


Ocado Group PS Ratio Historical Data

* Premium members only.

The historical data trend for Ocado Group'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.

Ocado Group PS Ratio Chart

Ocado Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.32 1.91 4.37 2.13 1.20

Ocado Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 4.37 0.00 2.13 0.00 1.20

LSE:OCDO vs KR, SFM: PS Ratio Comparison

For the Grocery Stores subindustry, Ocado Group'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.


Ocado Group PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ocado Group's PS Ratio distribution charts can be found below:

* The bar in red indicates where Ocado Group's PS Ratio falls into.


LSE:OCDO
48GF Score
Ocado Group PLC LSE:OCDO
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocado Group 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.

Ocado Group's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.734/1.535
=1.13

Ocado Group's Share Price of today is £1.734.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ocado Group's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2025 was £1.54.

* 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 1.13 mean?
Ocado Group (LSE:OCDO) has a PS Ratio of 1.13 as of Jul. 09, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Ocado Group and its competitors. This is 56% below median its historical median of 2.54. Over the past decade, Ocado Group's PS Ratio has ranged from 1.10 to 11.16. According to the industry distribution chart, Ocado Group ranks #240 out of 311 companies in the Retail - Defensive industry, placing it in the top 77.2%.
Is Ocado Group's PS Ratio too high?
Ocado Group's current PS Ratio of 1.13 is 56% below median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 11.16. The Retail - Defensive industry median PS Ratio is 0.50. Ocado Group's value of 1.13 is 126% above this industry median. Based on the distribution chart, Ocado Group ranks #240 out of 311 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Ocado Group has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocado Group's PS Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Ocado Group ranks #240 out of 311 companies for PS Ratio. This places Ocado Group in the lower half of its industry. The industry median PS Ratio is 0.50. Ocado Group's value of 1.13 is 126% above this benchmark. Historically, Ocado Group's own PS Ratio has ranged from 1.10 to 11.16 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 0.50, Ocado Group 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 Retail - Defensive company?
The median PS Ratio among Retail - Defensive companies is 0.50, based on 311 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. Ocado Group's current PS Ratio of 1.13 is 126% 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 Ocado Group and its competitors. For the Retail - Defensive industry, the median PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocado Group's current PS Ratio is 1.13, which is 56% below median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocado Group stock overvalued right now?
Based on GuruFocus' analysis, Ocado Group (LSE:OCDO) is currently considered Possible Value Trap. The stock's GF Value™ is £3.36, compared to a current price of £1.73 — trading 48.4% below its estimated fair value. The current PS Ratio is 1.13, which is 56% below median its 10-year median of 2.54 and 126% above the Retail - Defensive industry median of 0.50. Ocado Group's overall GF Score™ is 48/100 with 6 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 Ocado Group (LSE:OCDO), the current PS Ratio is 1.13 as of Jul. 09, 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 Ocado Group (LSE:OCDO) Overvalued in 2026?

Based on GuruFocus' analysis, Ocado Group stock appears to be undervalued. The current stock price of £1.73 is trading 48.4% below its estimated GF Value™ of £3.36. GuruFocus considers Ocado Group to be Possible Value Trap.

Key valuation signals for LSE:OCDO:

  • PS Ratio: 1.13 (56% below median its 10-year median of 2.54)
  • GF Value™: £3.36 vs. price of £1.73 (48.4% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 126% above the Retail - Defensive median (#240 of 311)

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


Ocado Group Business Description

Address Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL
Founded in 2000, Ocado provides automation and logistics solutions to grocers. Ocado operates in two segments: logistics and solutions. Logistics provides fulfillment and delivery services in the United Kingdom. Solutions is based on the Ocado Smart Platform, a modular, automated online retail fulfillment and delivery solution that provides software, fulfillment hardware, and support services to corporate customers in return for upfront and recurring fees. Partners include leading grocers around the world, like Sobeys, Morrisons, ICA, Groupe Casino, Bon Preu, Kroger, and Coles. Ocado also has a 50% stake in Ocado Retail, a pure-play e-grocery business. The other 50% is owned by Marks & Spencer.
48GF Score

Get the complete analysis for LSE:OCDO

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

£1.73
Price
£3.36
GF Value