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Smart Capital SpAMIL:SMCAP 9 PS Ratio is 43.06 as of Jul. 15, 2026, which is 11% below its 10-year median of 48.44. GuruFocus rates MIL:SMCAP with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 1,410 Asset Management companies, Smart Capital SpA ranks worse than 90.07% 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, Smart Capital SpA's share price is €1.55.
Smart Capital SpA's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.04. Hence, Smart Capital SpA's PS Ratio for today is 43.06.
Good Sign:
Smart Capital SpA stock PS Ratio (=44.29) is close to 2-year low of 41.14.
The historical rank and industry rank for Smart Capital SpA's PS Ratio or its related term are showing as below:
MIL:SMCAP'
s PS Ratio Range Over the Past 10 Years
Min: 41.14 Med: 48.44 Max: 110.71
Current: 43.06
During the past 4 years, Smart Capital SpA's highest PS Ratio was 110.71. The lowest was 41.14. And the median was 48.44.
MIL:SMCAP's PS Ratio is ranked worse than 90.07% of 1410
companies
in the Asset Management industry
Industry Median: 7.3
vs MIL:SMCAP: 43.06
During the past 4 years, Smart Capital SpA's highest 3-Year average Revenue per Share Growth Rate was 106.10% per year. The lowest was 106.10% per year. And the median was 106.10% per year.
Back to Basics: PS Ratio
Smart Capital SpA (MIL:SMCAP) 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.
Smart Capital SpA PS Ratio Related Terms
Smart Capital SpA PS Ratio Historical Data
* Premium members only.
The historical data trend for Smart Capital 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.
For the Asset Management subindustry, Smart Capital 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.
Smart Capital SpA PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Smart Capital SpA's PS Ratio distribution charts can be found below:
* The bar in red indicates where Smart Capital SpA'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.
Smart Capital SpA's Share Price of today is €1.55.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Capital SpA's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.04.
* 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:
Smart Capital SpA (MIL:SMCAP) has a PS Ratio of 43.06 as of Jul. 15, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Smart Capital SpA and its competitors. This is 11% below median its historical median of 48.44. Over the past decade, Smart Capital SpA's PS Ratio has ranged from 41.14 to 110.71. According to the industry distribution chart, Smart Capital SpA ranks #1270 out of 1410 companies in the Asset Management industry, placing it in the top 90.1%.
Is Smart Capital SpA's PS Ratio too high?
Smart Capital SpA's current PS Ratio of 43.06 is 11% below median its 10-year median of 48.44. Over the past 10 years, this metric has ranged from a low of 41.14 to a high of 110.71. The Asset Management industry median PS Ratio is 7.30. Smart Capital SpA's value of 43.06 is 489.9% above this industry median. Based on the distribution chart, Smart Capital SpA ranks #1270 out of 1410 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Smart Capital SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Smart Capital SpA's PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Smart Capital SpA ranks #1270 out of 1410 companies for PS Ratio. This places Smart Capital SpA in the lower half of its industry. The industry median PS Ratio is 7.30. Smart Capital SpA's value of 43.06 is 489.9% above this benchmark. Historically, Smart Capital SpA's own PS Ratio has ranged from 41.14 to 110.71 over the past decade. While the company's 10-year median is 48.44 vs. the industry median of 7.30, Smart Capital 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 Asset Management company?
The median PS Ratio among Asset Management companies is 7.30, based on 1,410 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. Smart Capital SpA's current PS Ratio of 43.06 is 489.9% 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 Smart Capital SpA and its competitors. For the Asset Management industry, the median PS Ratio is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Capital SpA's current PS Ratio is 43.06, which is 11% below median its own 10-year median of 48.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Capital SpA stock overvalued right now?
Smart Capital SpA (MIL:SMCAP) has a current PS Ratio of 43.06. The current PS Ratio is 43.06, which is 11% below median its 10-year median of 48.44 and 489.9% above the Asset Management industry median of 7.30. Smart Capital SpA's overall GF Score™ is 9/100 with 4 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 Smart Capital SpA (MIL:SMCAP), the current PS Ratio is 43.06 as of Jul. 15, 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.
Smart Capital SpA is a permanent capital industrial holding company specializing in private investments in public equity (PIPE) and private equity, focusing on small and medium-sized Italian companies, listed, unlisted or in the pre-IPO phase, operating both in Italy and abroad. It is characterized, also in its investment approach, by an entrepreneurial and longterm DNA. The company's main activity consists of acquiring shares and other financial instruments that allow the purchase or subscription of shares, including in the context of capital increases, at the time of listing or subsequently (such as the PIPE), reserved placements, public subscription and sale offers.
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