T42 IoT Tracking Solutions (LSE:TRAC) PS Ratio: 0.54 (As of Jul. 11, 2026) — 28% Below Median


What is T42 IoT Tracking Solutions PS Ratio?

T42 IoT Tracking Solutions LSE:TRAC -3.85% PS Ratio is 0.54 as of Jul. 11, 2026, which is 28% below its 10-year median of 0.75. The stock has 5 warning signs investors should review. Among 2,471 Hardware companies, T42 IoT Tracking Solutions ranks better than 80.41% 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, T42 IoT Tracking Solutions's share price is £0.0375. T42 IoT Tracking Solutions's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £0.07. Hence, T42 IoT Tracking Solutions's PS Ratio for today is 0.54.

The historical rank and industry rank for T42 IoT Tracking Solutions's PS Ratio or its related term are showing as below:

LSE:TRAC' s PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.75   Max: 3.82
Current: 0.54

During the past 13 years, T42 IoT Tracking Solutions's highest PS Ratio was 3.82. The lowest was 0.25. And the median was 0.75.

LSE:TRAC's PS Ratio is ranked better than
80.41% of 2471 companies
in the Hardware industry
Industry Median: 1.92 vs LSE:TRAC: 0.54

T42 IoT Tracking Solutions's Revenue per Sharefor the six months ended in Dec. 2025 was £0.04. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £0.07.

Warning Sign:

T42 IoT Tracking Solutions 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 T42 IoT Tracking Solutions was 18.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -3.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was -15.40% per year.

During the past 13 years, T42 IoT Tracking Solutions's highest 3-Year average Revenue per Share Growth Rate was 382.40% per year. The lowest was -80.50% per year. And the median was -15.85% per year.

Back to Basics: PS Ratio


T42 IoT Tracking Solutions  (LSE:TRAC) 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.


T42 IoT Tracking Solutions PS Ratio Related Terms


T42 IoT Tracking Solutions PS Ratio Historical Data

* Premium members only.

The historical data trend for T42 IoT Tracking Solutions'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.

T42 IoT Tracking Solutions PS Ratio Chart

T42 IoT Tracking Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 1.03 0.47 0.54 0.30

T42 IoT Tracking Solutions Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.47 0.00 0.54 0.00 0.30

LSE:TRAC vs COHR, KEYS, GRMN: PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, T42 IoT Tracking Solutions'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.


T42 IoT Tracking Solutions PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, T42 IoT Tracking Solutions's PS Ratio distribution charts can be found below:

* The bar in red indicates where T42 IoT Tracking Solutions's PS Ratio falls into.



T42 IoT Tracking Solutions 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.

T42 IoT Tracking Solutions's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.0375/0.07
=0.54

T42 IoT Tracking Solutions's Share Price of today is £0.0375.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. T42 IoT Tracking Solutions's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was £0.07.

* 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 0.54 mean?
T42 IoT Tracking Solutions (LSE:TRAC) has a PS Ratio of 0.54 as of Jul. 11, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on T42 IoT Tracking Solutions and its competitors. This is 28% below median its historical median of 0.75. Over the past decade, T42 IoT Tracking Solutions' PS Ratio has ranged from 0.25 to 3.82. According to the industry distribution chart, T42 IoT Tracking Solutions ranks #484 out of 2471 companies in the Hardware industry, placing it in the top 19.6%.
Is T42 IoT Tracking Solutions' PS Ratio too high?
T42 IoT Tracking Solutions' current PS Ratio of 0.54 is 28% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 3.82. The Hardware industry median PS Ratio is 1.92. T42 IoT Tracking Solutions' value of 0.54 is 71.9% below this industry median. Based on the distribution chart, T42 IoT Tracking Solutions ranks #484 out of 2471 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does T42 IoT Tracking Solutions' PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, T42 IoT Tracking Solutions ranks #484 out of 2471 companies for PS Ratio. This places T42 IoT Tracking Solutions in the top 20% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.92. T42 IoT Tracking Solutions' value of 0.54 is 71.9% below this benchmark. Historically, T42 IoT Tracking Solutions' own PS Ratio has ranged from 0.25 to 3.82 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.92, T42 IoT Tracking Solutions 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 Hardware company?
The median PS Ratio among Hardware companies is 1.92, based on 2,471 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. T42 IoT Tracking Solutions's current PS Ratio of 0.54 is 71.9% 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 T42 IoT Tracking Solutions and its competitors. For the Hardware industry, the median PS Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T42 IoT Tracking Solutions's current PS Ratio is 0.54, which is 28% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T42 IoT Tracking Solutions stock overvalued right now?
Based on GuruFocus' analysis, T42 IoT Tracking Solutions (LSE:TRAC) is currently considered Fairly Valued. The stock's GF Value™ is £0.04, compared to a current price of £0.04 — trading 6.3% below its estimated fair value. The current PS Ratio is 0.54, which is 28% below median its 10-year median of 0.75 and 71.9% below the Hardware industry median of 1.92. 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 T42 IoT Tracking Solutions (LSE:TRAC), the current PS Ratio is 0.54 as of Jul. 11, 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.

T42 IoT Tracking Solutions Business Description

Address Grenville Street, Forum 4, Saint Helier, JEY, JE4 8TQ
T42 IoT Tracking Solutions PLC is a supplier in the field of automated real-time systems, specializing in the remote tracking and management of vehicles, containers, and assets. It uses AI and machine learning technologies to provide automated monitoring solutions for a range of clients globally. The company offers the Tetis, Lokies, and Kylos products, which provide tracking and monitoring of containers and goods throughout the supply chain. It has two reportable segments: Hardware and SaaS. The company derives revenue from the SaaS segment. Geographically, it generates maximum revenue from the Middle East.