MWH (SOLV Energy) PS Ratio: 2.20 (As of Aug. 15, 2026) — 39% 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.

MWH SOLV Energy Inc MWH
16 GF Score
Price $32.00
! 2 Warning Signs
View Full Analysis

What is SOLV Energy PS Ratio?

SOLV Energy MWH -2.23% 16 PS Ratio is 2.20 as of Aug. 15, 2026, which is 39% below its 10-year median of 3.61. GuruFocus rates MWH with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 427 Utilities - Independent Power Producers companies, SOLV Energy ranks worse than 58.78% 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, SOLV Energy's share price is $32.00. SOLV Energy's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $14.56. Hence, SOLV Energy's PS Ratio for today is 2.20.

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

MWH' s PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 3.61   Max: 5.37
Current: 2.2

During the past 4 years, SOLV Energy's highest PS Ratio was 5.37. The lowest was 1.87. And the median was 3.61.

MWH's PS Ratio is ranked worse than
58.78% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.61 vs MWH: 2.20

SOLV Energy's Revenue per Sharefor the three months ended in Jun. 2026 was $4.72. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $14.56.

During the past 12 months, the average Revenue per Share Growth Rate of SOLV Energy was 34.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.40% per year.

During the past 4 years, SOLV Energy's highest 3-Year average Revenue per Share Growth Rate was 2.40% per year. The lowest was 2.40% per year. And the median was 2.40% per year.

Back to Basics: PS Ratio


SOLV Energy  (NAS:MWH) 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.


SOLV Energy PS Ratio Related Terms


SOLV Energy PS Ratio Historical Data

* Premium members only.

The historical data trend for SOLV Energy'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.

SOLV Energy PS Ratio Chart

SOLV Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PS Ratio
0.00 0.00 0.00 0.00

SOLV Energy Quarterly Data
Dec23 Dec24 Mar25 Sep25 Dec25 Mar26 Jun26
PS Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 3.05 2.34

MWH vs ORA, CWEN, FRVO: PS Ratio Comparison

For the Utilities - Renewable subindustry, SOLV Energy'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.


SOLV Energy PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SOLV Energy's PS Ratio distribution charts can be found below:

* The bar in red indicates where SOLV Energy's PS Ratio falls into.


MWH
16GF Score
SOLV Energy Inc MWH
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SOLV Energy 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.

SOLV Energy's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=32.00/14.564
=2.20

SOLV Energy's Share Price of today is $32.00.
SOLV Energy'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 $14.56.

* 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 2.20 mean?
SOLV Energy (MWH) has a PS Ratio of 2.20 as of Aug. 15, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on SOLV Energy and its competitors. This is 39% below median its historical median of 3.61. Over the past decade, SOLV Energy's PS Ratio has ranged from 1.87 to 5.37. According to the industry distribution chart, SOLV Energy ranks #251 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 58.8%.
Is SOLV Energy's PS Ratio too high?
SOLV Energy's current PS Ratio of 2.20 is 39% below median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 5.37. The Utilities - Independent Power Producers industry median PS Ratio is 2.61. SOLV Energy's value of 2.20 is 15.7% below this industry median. Based on the distribution chart, SOLV Energy ranks #251 out of 427 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, SOLV Energy has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does SOLV Energy's PS Ratio compare to ORA and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, SOLV Energy ranks #251 out of 427 companies for PS Ratio. This places SOLV Energy in the lower half of its industry. The industry median PS Ratio is 2.61. SOLV Energy's value of 2.20 is 15.7% below this benchmark. Historically, SOLV Energy's own PS Ratio has ranged from 1.87 to 5.37 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 2.61, SOLV Energy has consistently been below 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 - Independent Power Producers company?
The median PS Ratio among Utilities - Independent Power Producers companies is 2.61, based on 427 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. SOLV Energy's current PS Ratio of 2.20 is 15.7% below 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 SOLV Energy and its competitors. For the Utilities - Independent Power Producers industry, the median PS Ratio is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOLV Energy's current PS Ratio is 2.20, which is 39% below median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOLV Energy stock overvalued right now?
SOLV Energy (MWH) has a current PS Ratio of 2.20. The current PS Ratio is 2.20, which is 39% below median its 10-year median of 3.61 and 15.7% below the Utilities - Independent Power Producers industry median of 2.61. SOLV Energy's overall GF Score™ is 16/100 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 SOLV Energy (MWH), the current PS Ratio is 2.20 as of Aug. 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.

SOLV Energy Business Description

Address 16680 West Bernardo Drive, San Diego, CA, USA, 92127
SOLV Energy Inc is a provider of infrastructure services to the power industry, including engineering, procurement, construction, testing, commissioning, operations, maintenance and repowering. It specializes in designing, building and maintaining utility-scale solar and battery storage projects and related T&D infrastructure. The company's projects include: The Eldorado Solar Project, Gravel Pit Solar Project, and Vikings Solar-plus-Storage Project. It operates in one reportable segment which derives revenue through providing EPC, O&M and Development services throughout the Unites Sates. The company derives maximum of revenue from its EPC contracts.
16GF Score

Get the complete analysis for MWH

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

$32.00
Price