Italgas SpA (MIL:IG) PS Ratio: 2.19 (As of Jul. 01, 2026) — Near Median


MIL:IG Italgas SpA MIL:IG
79 GF Score
Price €10.14
GF Value €8.12
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Italgas SpA PS Ratio?

Italgas SpA MIL:IG -1.75% 79 PS Ratio is 2.19 as of Jul. 01, 2026, which is 2% below its 10-year median of 2.23. GuruFocus rates MIL:IG with a GF Score™ of 79/100 and a GF Value™ of €8.12 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 500 Utilities - Regulated companies, Italgas SpA ranks worse than 65.8% 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, Italgas SpA's share price is €10.135. Italgas SpA's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €4.63. Hence, Italgas SpA's PS Ratio for today is 2.19.

Warning Sign:

Italgas SpA stock PS Ratio (=2.26) is close to 1-year high of 2.49.

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

MIL:IG' s PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.23   Max: 7.69
Current: 2.22

During the past 10 years, Italgas SpA's highest PS Ratio was 7.69. The lowest was 1.56. And the median was 2.23.

MIL:IG's PS Ratio is ranked worse than
65.8% of 500 companies
in the Utilities - Regulated industry
Industry Median: 1.45 vs MIL:IG: 2.22

Italgas SpA's Revenue per Sharefor the three months ended in Mar. 2026 was €0.62. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €4.63.

During the past 12 months, the average Revenue per Share Growth Rate of Italgas SpA was 38.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 19.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.70% per year.

During the past 10 years, Italgas SpA's highest 3-Year average Revenue per Share Growth Rate was 95.60% per year. The lowest was 2.30% per year. And the median was 9.70% per year.

Back to Basics: PS Ratio


Italgas SpA  (MIL:IG) 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.


Italgas SpA PS Ratio Related Terms


Italgas SpA PS Ratio Historical Data

* Premium members only.

The historical data trend for Italgas SpA'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.

Italgas SpA PS Ratio Chart

Italgas SpA 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 2.31 1.93 1.64 1.93 2.20

Italgas SpA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.86 1.92 2.01 2.20 2.17

MIL:IG vs ATO, NI, UGI: PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Italgas SpA'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.


Italgas SpA PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Italgas SpA's PS Ratio distribution charts can be found below:

* The bar in red indicates where Italgas SpA's PS Ratio falls into.


MIL:IG
79GF Score
Italgas SpA MIL:IG
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Italgas SpA 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.

Italgas SpA's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=10.135/4.632
=2.19

Italgas SpA's Share Price of today is €10.135.
Italgas SpA'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 €4.63.

* 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 2.19 mean?
Italgas SpA (MIL:IG) has a PS Ratio of 2.19 as of Jul. 01, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Italgas SpA and its competitors. This is near median its historical median of 2.23. Over the past decade, Italgas SpA's PS Ratio has ranged from 1.56 to 7.69. According to the industry distribution chart, Italgas SpA ranks #329 out of 500 companies in the Utilities - Regulated industry, placing it in the top 65.8%.
Is Italgas SpA's PS Ratio too high?
Italgas SpA's current PS Ratio of 2.19 is near median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 7.69. The Utilities - Regulated industry median PS Ratio is 1.45. Italgas SpA's value of 2.19 is 51% above this industry median. Based on the distribution chart, Italgas SpA ranks #329 out of 500 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Italgas SpA has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Italgas SpA ranks #329 out of 500 companies for PS Ratio. This places Italgas SpA in the lower half of its industry. The industry median PS Ratio is 1.45. Italgas SpA's value of 2.19 is 51% above this benchmark. Historically, Italgas SpA's own PS Ratio has ranged from 1.56 to 7.69 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.45, Italgas SpA 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 Utilities - Regulated company?
The median PS Ratio among Utilities - Regulated companies is 1.45, based on 500 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. Italgas SpA's current PS Ratio of 2.19 is 51% 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 Italgas SpA and its competitors. For the Utilities - Regulated industry, the median PS Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italgas SpA's current PS Ratio is 2.19, which is near median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italgas SpA stock overvalued right now?
Based on GuruFocus' analysis, Italgas SpA (MIL:IG) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.12, compared to a current price of €10.14 — trading 24.8% above its estimated fair value. The current PS Ratio is 2.19, which is near median its 10-year median of 2.23 and 51% above the Utilities - Regulated industry median of 1.45. Italgas SpA's overall GF Score™ is 79/100 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 Italgas SpA (MIL:IG), the current PS Ratio is 2.19 as of Jul. 01, 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 Italgas SpA (MIL:IG) Overvalued in 2026?

Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued. The current stock price of €10.14 is trading 24.8% above its estimated GF Value™ of €8.12. GuruFocus considers Italgas SpA to be Modestly Overvalued.

Key valuation signals for MIL:IG:

  • PS Ratio: 2.19 (near median its 10-year median of 2.23)
  • GF Value™: €8.12 vs. price of €10.14 (24.8% above fair value)
  • GF Score™: 79/100 with 9 warning signs
  • Industry Position: 51% above the Utilities - Regulated median (#329 of 500)

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


Italgas SpA Business Description

Address Via Carlo Bo 11, Milano, ITA, 20143
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
79GF Score

Get the complete analysis for MIL:IG

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

€10.14
Price
€8.12
GF Value