MGY (Magnolia Oil & Gas) PS Ratio: 3.23 (As of Aug. 10, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MGY Magnolia Oil & Gas Corp MGY
93 GF Score
Price $26.01
GF Value $29.06
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Magnolia Oil & Gas PS Ratio?

Magnolia Oil & Gas MGY +3.71% 93 PS Ratio is 3.23 as of Aug. 10, 2026, which is 2% above its 10-year median of 3.18. GuruFocus rates MGY with a GF Score™ of 93/100 and a GF Value™ of $29.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 892 Oil & Gas companies, Magnolia Oil & Gas ranks worse than 75.67% 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, Magnolia Oil & Gas's share price is $26.01. Magnolia Oil & Gas's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $8.05. Hence, Magnolia Oil & Gas's PS Ratio for today is 3.23.

Good Sign:

Magnolia Oil & Gas Corp stock PS Ratio (=3.12) is close to 3-year low of 2.85.

The historical rank and industry rank for Magnolia Oil & Gas's PS Ratio or its related term are showing as below:

MGY' s PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 3.18   Max: 4.79
Current: 3.22

During the past 10 years, Magnolia Oil & Gas's highest PS Ratio was 4.79. The lowest was 0.70. And the median was 3.18.

MGY's PS Ratio is ranked worse than
75.67% of 892 companies
in the Oil & Gas industry
Industry Median: 1.315 vs MGY: 3.22

Magnolia Oil & Gas's Revenue per Sharefor the three months ended in Jun. 2026 was $2.59. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $8.05.

Warning Sign:

Magnolia Oil & Gas Corp revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Magnolia Oil & Gas was 14.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was -7.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 12.00% per year.

During the past 10 years, Magnolia Oil & Gas's highest 3-Year average Revenue per Share Growth Rate was 56.20% per year. The lowest was -13.10% per year. And the median was 10.80% per year.

Back to Basics: PS Ratio


Magnolia Oil & Gas  (NYSE:MGY) 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.


Magnolia Oil & Gas PS Ratio Related Terms


Magnolia Oil & Gas PS Ratio Historical Data

* Premium members only.

The historical data trend for Magnolia Oil & Gas'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.

Magnolia Oil & Gas PS Ratio Chart

Magnolia Oil & Gas 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 3.07 2.60 3.27 3.31 3.10

Magnolia Oil & Gas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.19 3.39 3.10 4.41 3.18

MGY vs MUR, MTDR, CNX: PS Ratio Comparison

For the Oil & Gas E&P subindustry, Magnolia Oil & Gas'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.


Magnolia Oil & Gas PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Magnolia Oil & Gas's PS Ratio distribution charts can be found below:

* The bar in red indicates where Magnolia Oil & Gas's PS Ratio falls into.


MGY
93GF Score
Magnolia Oil & Gas Corp MGY
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnolia Oil & Gas 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.

Magnolia Oil & Gas's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=26.01/8.05
=3.23

Magnolia Oil & Gas's Share Price of today is $26.01.
Magnolia Oil & Gas's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.05.

* 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:

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 3.23 mean?
Magnolia Oil & Gas (MGY) has a PS Ratio of 3.23 as of Aug. 10, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Magnolia Oil & Gas and its competitors. This is near median its historical median of 3.18. Over the past decade, Magnolia Oil & Gas' PS Ratio has ranged from 0.70 to 4.79. According to the industry distribution chart, Magnolia Oil & Gas ranks #675 out of 892 companies in the Oil & Gas industry, placing it in the top 75.7%.
Is Magnolia Oil & Gas' PS Ratio too high?
Magnolia Oil & Gas' current PS Ratio of 3.23 is near median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 4.79. The Oil & Gas industry median PS Ratio is 1.32. Magnolia Oil & Gas' value of 3.23 is 145.6% above this industry median. Based on the distribution chart, Magnolia Oil & Gas ranks #675 out of 892 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Magnolia Oil & Gas has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magnolia Oil & Gas' PS Ratio compare to MUR and MTDR?
According to the Oil & Gas industry distribution chart, Magnolia Oil & Gas ranks #675 out of 892 companies for PS Ratio. This places Magnolia Oil & Gas in the lower half of its industry. The industry median PS Ratio is 1.32. Magnolia Oil & Gas' value of 3.23 is 145.6% above this benchmark. Historically, Magnolia Oil & Gas' own PS Ratio has ranged from 0.70 to 4.79 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 1.32, Magnolia Oil & Gas 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 Oil & Gas company?
The median PS Ratio among Oil & Gas companies is 1.32, based on 892 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. Magnolia Oil & Gas's current PS Ratio of 3.23 is 145.6% 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 Magnolia Oil & Gas and its competitors. For the Oil & Gas industry, the median PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnolia Oil & Gas's current PS Ratio is 3.23, which is near median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnolia Oil & Gas stock overvalued right now?
Based on GuruFocus' analysis, Magnolia Oil & Gas (MGY) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.06, compared to a current price of $26.01 — trading 10.5% below its estimated fair value. The current PS Ratio is 3.23, which is near median its 10-year median of 3.18 and 145.6% above the Oil & Gas industry median of 1.32. Magnolia Oil & Gas' overall GF Score™ is 93/100 with 2 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 Magnolia Oil & Gas (MGY), the current PS Ratio is 3.23 as of Aug. 10, 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 Magnolia Oil & Gas (MGY) Overvalued in 2026?

Based on GuruFocus' analysis, Magnolia Oil & Gas stock appears to be undervalued. The current stock price of $26.01 is trading 10.5% below its estimated GF Value™ of $29.06. GuruFocus considers Magnolia Oil & Gas to be Modestly Undervalued.

Key valuation signals for MGY:

  • PS Ratio: 3.23 (near median its 10-year median of 3.18)
  • GF Value™: $29.06 vs. price of $26.01 (10.5% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 145.6% above the Oil & Gas median (#675 of 892)

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


Magnolia Oil & Gas Business Description

Industry EnergyOil & Gas
Address Nine Greenway Plaza, Suite 1300, Houston, TX, USA, 77046
Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids (NGL) reserves. The company's oil and natural gas properties are located in Karnes County and the Giddings area of South Texas, where it targets the Eagle Ford Shale and Austin Chalk formations. It focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its capital spending philosophy. The company operates in only one segment and derives the majority of its revenue from the sale of crude oil, natural gas, and natural gas liquids (NGLs).
93GF Score

Get the complete analysis for MGY

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

$26.01
Price
$29.06
GF Value