Itau Unibanco Holding (MEX:ITUB N) PS Ratio: 2.93 (As of Jul. 09, 2026) — 39% Above Median


MEX:ITUB N Itau Unibanco Holding SA MEX:ITUB N
59 GF Score
Price MXN143.80
GF Value MXN102.33
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Itau Unibanco Holding PS Ratio?

Itau Unibanco Holding MEX:ITUB N 59 PS Ratio is 2.93 as of Jul. 09, 2026, which is 39% above its 10-year median of 2.11. GuruFocus rates MEX:ITUB N with a GF Score™ of 59/100 and a GF Value™ of MXN102.33 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,516 Banks companies, Itau Unibanco Holding ranks worse than 51.65% 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, Itau Unibanco Holding's share price is MXN143.80. Itau Unibanco Holding's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was MXN49.04. Hence, Itau Unibanco Holding's PS Ratio for today is 2.93.

Warning Sign:

Itau Unibanco Holding SA stock PS Ratio (=3.07) is close to 10-year high of 3.24.

The historical rank and industry rank for Itau Unibanco Holding's PS Ratio or its related term are showing as below:

MEX:ITUB N' s PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.11   Max: 3.24
Current: 3.07

During the past 13 years, Itau Unibanco Holding's highest PS Ratio was 3.24. The lowest was 1.43. And the median was 2.11.

MEX:ITUB N's PS Ratio is ranked worse than
51.65% of 1516 companies
in the Banks industry
Industry Median: 3 vs MEX:ITUB N: 3.07

Itau Unibanco Holding's Revenue per Sharefor the three months ended in Mar. 2026 was MXN12.76. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was MXN49.04.

Warning Sign:

Itau Unibanco Holding SA revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Itau Unibanco Holding was 0.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.50% 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 5.80% per year.

During the past 13 years, Itau Unibanco Holding's highest 3-Year average Revenue per Share Growth Rate was 23.30% per year. The lowest was -3.30% per year. And the median was 8.70% per year.

Back to Basics: PS Ratio


Itau Unibanco Holding  (MEX:ITUB N) 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.


Itau Unibanco Holding PS Ratio Related Terms


Itau Unibanco Holding PS Ratio Historical Data

* Premium members only.

The historical data trend for Itau Unibanco Holding'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.

Itau Unibanco Holding PS Ratio Chart

Itau Unibanco Holding 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 1.54 1.58 1.92 1.67 2.46

Itau Unibanco Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.87 2.25 2.31 2.46 2.96

Itau Unibanco Holding PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Itau Unibanco Holding'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.


Itau Unibanco Holding PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Itau Unibanco Holding's PS Ratio distribution charts can be found below:

* The bar in red indicates where Itau Unibanco Holding's PS Ratio falls into.


MEX:ITUB N
59GF Score
Itau Unibanco Holding SA MEX:ITUB N
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itau Unibanco Holding 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.

Itau Unibanco Holding's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=143.80/49.038
=2.93

Itau Unibanco Holding's Share Price of today is MXN143.80.
Itau Unibanco Holding's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN49.04.

* 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 2.93 mean?
Itau Unibanco Holding (MEX:ITUB N) has a PS Ratio of 2.93 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 Itau Unibanco Holding and its competitors. This is 39% above median its historical median of 2.11. Over the past decade, Itau Unibanco Holding's PS Ratio has ranged from 1.43 to 3.24. According to the industry distribution chart, Itau Unibanco Holding ranks #783 out of 1516 companies in the Banks industry, placing it in the top 51.6%.
Is Itau Unibanco Holding's PS Ratio too high?
Itau Unibanco Holding's current PS Ratio of 2.93 is 39% above median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 3.24. The Banks industry median PS Ratio is 3.00. Itau Unibanco Holding's value of 2.93 is 2.3% below this industry median. Based on the distribution chart, Itau Unibanco Holding ranks #783 out of 1516 companies in the Banks industry, which is below the industry midpoint. Overall, Itau Unibanco Holding has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Itau Unibanco Holding's PS Ratio compare to competitors?
According to the Banks industry distribution chart, Itau Unibanco Holding ranks #783 out of 1516 companies for PS Ratio. This places Itau Unibanco Holding in the lower half of its industry. The industry median PS Ratio is 3.00. Itau Unibanco Holding's value of 2.93 is 2.3% below this benchmark. Historically, Itau Unibanco Holding's own PS Ratio has ranged from 1.43 to 3.24 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 3.00, Itau Unibanco Holding 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 Banks company?
The median PS Ratio among Banks companies is 3.00, based on 1,516 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. Itau Unibanco Holding's current PS Ratio of 2.93 is 2.3% 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 Itau Unibanco Holding and its competitors. For the Banks industry, the median PS Ratio is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itau Unibanco Holding's current PS Ratio is 2.93, which is 39% above median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itau Unibanco Holding stock overvalued right now?
Based on GuruFocus' analysis, Itau Unibanco Holding (MEX:ITUB N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN102.33, compared to a current price of MXN143.80 — trading 40.5% above its estimated fair value. The current PS Ratio is 2.93, which is 39% above median its 10-year median of 2.11 and 2.3% below the Banks industry median of 3.00. Itau Unibanco Holding's overall GF Score™ is 59/100 with 9 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 Itau Unibanco Holding (MEX:ITUB N), the current PS Ratio is 2.93 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 Itau Unibanco Holding (MEX:ITUB N) Overvalued in 2026?

Based on GuruFocus' analysis, Itau Unibanco Holding stock appears to be overvalued. The current stock price of MXN143.80 is trading 40.5% above its estimated GF Value™ of MXN102.33. GuruFocus considers Itau Unibanco Holding to be Significantly Overvalued.

Key valuation signals for MEX:ITUB N:

  • PS Ratio: 2.93 (39% above median its 10-year median of 2.11)
  • GF Value™: MXN102.33 vs. price of MXN143.80 (40.5% above fair value)
  • GF Score™: 59/100 with 9 warning signs
  • Industry Position: 2.3% below the Banks median (#783 of 1516)

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


Itau Unibanco Holding Business Description

Address Praca Alfredo Egydio de Souza Aranha, 100, Torre Olavo Setubal, Parque Jabaquara, Sao Paulo, SP, BRA, 04344-902
Itaú Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itaú and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Itaú's commercial and consumer loans account for 35% and 43% of the bank's total loans, respectively, while foreign loans account for 22% of its portfolio as of the end of 2025. The bank also operates the fifth-largest insurer in Brazil and is the second-largest asset manager in the country, giving it broad reach over the Brazilian financial system.
59GF Score

Get the complete analysis for MEX:ITUB N

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

MXN143.80
Price
MXN102.33
GF Value