Miller IndustriesMLR +1.15%86 PS Ratio is 0.82 as of Jun. 27, 2026, which is 71% above its 10-year median of 0.48. GuruFocus rates MLR with a GF Score™ of 86/100 and a GF Value™ of $33.53 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,320 Vehicles & Parts companies, Miller Industries ranks better than 50.15% 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, Miller Industries's share price is $52.93.
Miller Industries's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $64.45. Hence, Miller Industries's PS Ratio for today is 0.82.
Warning Sign:
Miller Industries Inc stock PS Ratio (=0.82) is close to 10-year high of 0.83.
The historical rank and industry rank for Miller Industries's PS Ratio or its related term are showing as below:
MLR'
s PS Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.48 Max: 0.83
Current: 0.82
During the past 13 years, Miller Industries's highest PS Ratio was 0.83. The lowest was 0.29. And the median was 0.48.
MLR's PS Ratio is ranked better than 50.15% of 1320
companies
in the Vehicles & Parts industry
Industry Median: 0.81
vs MLR: 0.82
Miller Industries Inc 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 Miller Industries was -34.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -2.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.30% per year.
During the past 13 years, Miller Industries's highest 3-Year average Revenue per Share Growth Rate was 40.70% per year. The lowest was -29.40% per year. And the median was 8.75% per year.
Back to Basics: PS Ratio
Miller Industries (NYSE:MLR) 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.
Miller Industries PS Ratio Related Terms
Miller Industries PS Ratio Historical Data
* Premium members only.
The historical data trend for Miller Industries'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 Auto Parts subindustry, Miller Industries'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.
Miller Industries PS Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Miller Industries's PS Ratio distribution charts can be found below:
* The bar in red indicates where Miller Industries'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.
Miller Industries's Share Price of today is $52.93. Miller Industries'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 $64.45.
* 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:
Miller Industries (MLR) has a PS Ratio of 0.82 as of Jun. 27, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Miller Industries and its competitors. This is 71% above median its historical median of 0.48. Over the past decade, Miller Industries' PS Ratio has ranged from 0.29 to 0.83. According to the industry distribution chart, Miller Industries ranks #658 out of 1320 companies in the Vehicles & Parts industry, placing it in the top 49.8%.
Is Miller Industries' PS Ratio too high?
Miller Industries' current PS Ratio of 0.82 is 71% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.83. The Vehicles & Parts industry median PS Ratio is 0.81. Miller Industries' value of 0.82 is 1.2% above this industry median. Based on the distribution chart, Miller Industries ranks #658 out of 1320 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Miller Industries has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miller Industries' PS Ratio compare to CPS and MVST?
According to the Vehicles & Parts industry distribution chart, Miller Industries ranks #658 out of 1320 companies for PS Ratio. This puts Miller Industries in the upper half of its industry. The industry median PS Ratio is 0.81. Miller Industries' value of 0.82 is 1.2% above this benchmark. Historically, Miller Industries' own PS Ratio has ranged from 0.29 to 0.83 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.81, Miller Industries 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 Vehicles & Parts company?
The median PS Ratio among Vehicles & Parts companies is 0.81, based on 1,320 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. Miller Industries's current PS Ratio of 0.82 is 1.2% 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 Miller Industries and its competitors. For the Vehicles & Parts industry, the median PS Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miller Industries's current PS Ratio is 0.82, which is 71% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miller Industries stock overvalued right now?
Based on GuruFocus' analysis, Miller Industries (MLR) is currently considered Significantly Overvalued. The stock's GF Value™ is $33.53, compared to a current price of $52.93 — trading 57.9% above its estimated fair value. The current PS Ratio is 0.82, which is 71% above median its 10-year median of 0.48 and 1.2% above the Vehicles & Parts industry median of 0.81. Miller Industries' overall GF Score™ is 86/100 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 Miller Industries (MLR), the current PS Ratio is 0.82 as of Jun. 27, 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 Miller Industries (MLR) Overvalued in 2026?
Based on GuruFocus' analysis, Miller Industries stock appears to be overvalued.
The current stock price of $52.93 is trading 57.9% above its estimated GF Value™ of $33.53.
GuruFocus considers Miller Industries to be Significantly Overvalued.
Key valuation signals for MLR:
PS Ratio: 0.82 (71% above median its 10-year median of 0.48)
GF Value™: $33.53 vs. price of $52.93 (57.9% above fair value)
Industry Position: 1.2% above the Vehicles & Parts median (#658 of 1320)
No single metric tells the full story. See the MLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miller Industries Inc is a manufacturer of Towing and Recovery Equipment. The company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties, and sold to customers. Its product lines include car carriers, light duty, heavy duty, rotators, special transport, military, wreckers, and transport trailers. It sells products under various brands including Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface, Omars, Titan, and Eagle.
86GF Score
Get the complete analysis for MLR
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MLR has been successfully added to your 
