MRP (Millrose Properties) PS Ratio: 6.66 (As of Jul. 29, 2026) — 47% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MRP Millrose Properties Inc MRP
13 GF Score
Price $28.59
! 6 Warning Signs
View Full Analysis

What is Millrose Properties PS Ratio?

Millrose Properties MRP +0.67% 13 PS Ratio is 6.66 as of Jul. 29, 2026, which is 47% below its 10-year median of 12.46. GuruFocus rates MRP with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 905 REITs companies, Millrose Properties ranks worse than 50.28% 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, Millrose Properties's share price is $28.59. Millrose Properties's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $4.29. Hence, Millrose Properties's PS Ratio for today is 6.66.

Good Sign:

Millrose Properties Inc stock PS Ratio (=6.66) is close to 2-year low of 6.22.

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

MRP' s PS Ratio Range Over the Past 10 Years
Min: 6.22   Med: 12.46   Max: 57.67
Current: 6.66

During the past 3 years, Millrose Properties's highest PS Ratio was 57.67. The lowest was 6.22. And the median was 12.46.

MRP's PS Ratio is ranked worse than
50.28% of 905 companies
in the REITs industry
Industry Median: 6.63 vs MRP: 6.66

Millrose Properties's Revenue per Sharefor the three months ended in Mar. 2026 was $1.17. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $4.29.

During the past 12 months, the average Revenue per Share Growth Rate of Millrose Properties was 761.80% per year.

Back to Basics: PS Ratio


Millrose Properties  (NYSE:MRP) 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.


Millrose Properties PS Ratio Related Terms


Millrose Properties PS Ratio Historical Data

* Premium members only.

The historical data trend for Millrose Properties'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.

Millrose Properties PS Ratio Chart

Millrose Properties Annual Data
Trend Dec23 Dec24 Dec25
PS Ratio
0.00 0.00 8.26

Millrose Properties Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.23 20.44 13.58 8.26 6.52

MRP vs IRT, JAN, UMH: PS Ratio Comparison

For the REIT - Residential subindustry, Millrose Properties'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.


Millrose Properties PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Millrose Properties's PS Ratio distribution charts can be found below:

* The bar in red indicates where Millrose Properties's PS Ratio falls into.


MRP
13GF Score
Millrose Properties Inc MRP
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Millrose Properties 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.

Millrose Properties's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=28.59/4.292
=6.66

Millrose Properties's Share Price of today is $28.59.
Millrose Properties'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 $4.29.

* 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 6.66 mean?
Millrose Properties (MRP) has a PS Ratio of 6.66 as of Jul. 29, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Millrose Properties and its competitors. This is 47% below median its historical median of 12.46. Over the past decade, Millrose Properties' PS Ratio has ranged from 6.22 to 57.67. According to the industry distribution chart, Millrose Properties ranks #455 out of 905 companies in the REITs industry, placing it in the top 50.3%.
Is Millrose Properties' PS Ratio too high?
Millrose Properties' current PS Ratio of 6.66 is 47% below median its 10-year median of 12.46. Over the past 10 years, this metric has ranged from a low of 6.22 to a high of 57.67. The REITs industry median PS Ratio is 6.63. Millrose Properties' value of 6.66 is 0.5% above this industry median. Based on the distribution chart, Millrose Properties ranks #455 out of 905 companies in the REITs industry, which is below the industry midpoint. Overall, Millrose Properties has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Millrose Properties' PS Ratio compare to IRT and JAN?
According to the REITs industry distribution chart, Millrose Properties ranks #455 out of 905 companies for PS Ratio. This places Millrose Properties in the lower half of its industry. The industry median PS Ratio is 6.63. Millrose Properties' value of 6.66 is 0.5% above this benchmark. Historically, Millrose Properties' own PS Ratio has ranged from 6.22 to 57.67 over the past decade. While the company's 10-year median is 12.46 vs. the industry median of 6.63, Millrose Properties 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 REITs company?
The median PS Ratio among REITs companies is 6.63, based on 905 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. Millrose Properties's current PS Ratio of 6.66 is 0.5% 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 Millrose Properties and its competitors. For the REITs industry, the median PS Ratio is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millrose Properties's current PS Ratio is 6.66, which is 47% below median its own 10-year median of 12.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millrose Properties stock overvalued right now?
Millrose Properties (MRP) has a current PS Ratio of 6.66. The current PS Ratio is 6.66, which is 47% below median its 10-year median of 12.46 and 0.5% above the REITs industry median of 6.63. Millrose Properties' overall GF Score™ is 13/100 with 6 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 Millrose Properties (MRP), the current PS Ratio is 6.66 as of Jul. 29, 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.

Millrose Properties Business Description

Industry Real EstateREITs
Other Exchanges MRP:Mexico
Address 600 Brickell Avenue, Suite 1400, Miami, FL, USA, 33131
Millrose Properties Inc is a Holding Company. The company, along with its subsidiaries, engages in providing operational and capital solutions for home builders and land development companies to finance the acquisition and development of land assets through its Homesite Option Purchase Platform. The company generates a key portion of its revenue from Option fee revenues and a smaller portion of revenue from Development loan income.
13GF Score

Get the complete analysis for MRP

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

$28.59
Price