Elastic NVMEX:ESTCN 72 PS Ratio is 3.50 as of Jun. 26, 2026, which is 62% below its 10-year median of 9.11. GuruFocus rates MEX:ESTCN with a GF Score™ of 72/100 and a GF Value™ of MXN1,970.78 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,775 Software companies, Elastic NV ranks worse than 64.47% 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, Elastic NV's share price is MXN1021.21.
Elastic NV's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was MXN291.44. Hence, Elastic NV's PS Ratio for today is 3.50.
The historical rank and industry rank for Elastic NV's PS Ratio or its related term are showing as below:
MEX:ESTCN'
s PS Ratio Range Over the Past 10 Years
Min: 2.74 Med: 9.11 Max: 27.64
Current: 3.32
During the past 10 years, Elastic NV's highest PS Ratio was 27.64. The lowest was 2.74. And the median was 9.11.
MEX:ESTCN's PS Ratio is ranked worse than 64.47% of 2775
companies
in the Software industry
Industry Median: 2
vs MEX:ESTCN: 3.32
Elastic NV's Revenue per Sharefor the
three
months ended in Apr. 2026 was MXN70.59.
Its Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was MXN291.44.
During the past 12 months, the average Revenue per Share Growth Rate of Elastic NV was 13.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 13.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 17.30% per year.
During the past 10 years, Elastic NV's highest 3-Year average Revenue per Share Growth Rate was 56.20% per year. The lowest was 13.30% per year. And the median was 23.50% per year.
Back to Basics: PS Ratio
Elastic NV (MEX:ESTCN) 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.
Elastic NV PS Ratio Related Terms
Elastic NV PS Ratio Historical Data
* Premium members only.
The historical data trend for Elastic NV'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.
MEX:ESTCN vs TTAN, IDCC, PAYC: PS Ratio Comparison
For the Software - Application subindustry, Elastic NV'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.
Elastic NV PS Ratio vs Software Industry
For the Software industry and Technology sector, Elastic NV's PS Ratio distribution charts can be found below:
* The bar in red indicates where Elastic NV'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.
Elastic NV's Share Price of today is MXN1021.21. Elastic NV's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN291.44.
* 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:
Elastic NV (MEX:ESTCN) has a PS Ratio of 3.50 as of Jun. 26, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Elastic NV and its competitors. This is 62% below median its historical median of 9.11. Over the past decade, Elastic NV's PS Ratio has ranged from 2.74 to 27.64. According to the industry distribution chart, Elastic NV ranks #1789 out of 2775 companies in the Software industry, placing it in the top 64.5%.
Is Elastic NV's PS Ratio too high?
Elastic NV's current PS Ratio of 3.50 is 62% below median its 10-year median of 9.11. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 27.64. The Software industry median PS Ratio is 2.00. Elastic NV's value of 3.50 is 75% above this industry median. Based on the distribution chart, Elastic NV ranks #1789 out of 2775 companies in the Software industry, which is below the industry midpoint. Overall, Elastic NV has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elastic NV's PS Ratio compare to TTAN and IDCC?
According to the Software industry distribution chart, Elastic NV ranks #1789 out of 2775 companies for PS Ratio. This places Elastic NV in the lower half of its industry. The industry median PS Ratio is 2.00. Elastic NV's value of 3.50 is 75% above this benchmark. Historically, Elastic NV's own PS Ratio has ranged from 2.74 to 27.64 over the past decade. While the company's 10-year median is 9.11 vs. the industry median of 2.00, Elastic NV 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 Software company?
The median PS Ratio among Software companies is 2.00, based on 2,775 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. Elastic NV's current PS Ratio of 3.50 is 75% 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 Elastic NV and its competitors. For the Software industry, the median PS Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elastic NV's current PS Ratio is 3.50, which is 62% below median its own 10-year median of 9.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elastic NV stock overvalued right now?
Based on GuruFocus' analysis, Elastic NV (MEX:ESTCN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,970.78, compared to a current price of MXN1,021.21 — trading 48.2% below its estimated fair value. The current PS Ratio is 3.50, which is 62% below median its 10-year median of 9.11 and 75% above the Software industry median of 2.00. Elastic NV's overall GF Score™ is 72/100 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 Elastic NV (MEX:ESTCN), the current PS Ratio is 3.50 as of Jun. 26, 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 Elastic NV (MEX:ESTCN) Overvalued in 2026?
Based on GuruFocus' analysis, Elastic NV stock appears to be undervalued.
The current stock price of MXN1,021.21 is trading 48.2% below its estimated GF Value™ of MXN1,970.78.
GuruFocus considers Elastic NV to be Significantly Undervalued.
Key valuation signals for MEX:ESTCN:
PS Ratio: 3.50 (62% below median its 10-year median of 9.11)
GF Value™: MXN1,970.78 vs. price of MXN1,021.21 (48.2% below fair value)
Industry Position: 75% above the Software median (#1789 of 2775)
No single metric tells the full story. See the MEX:ESTCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.
72GF Score
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