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Kenya AirwaysNAI:KQ +0.36%64 PS Ratio is 0.17 as of Jul. 30, 2026, which is 11% below its 10-year median of 0.19. GuruFocus rates NAI:KQ with a GF Score™ of 64/100 and a GF Value™ of KES3.74 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 999 Transportation companies, Kenya Airways ranks better than 92.29% 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, Kenya Airways's share price is KES5.58.
Kenya Airways's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was KES31.93. Hence, Kenya Airways's PS Ratio for today is 0.17.
The historical rank and industry rank for Kenya Airways's PS Ratio or its related term are showing as below:
NAI:KQ'
s PS Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.19 Max: 0.59
Current: 0.17
During the past 13 years, Kenya Airways's highest PS Ratio was 0.59. The lowest was 0.02. And the median was 0.19.
NAI:KQ's PS Ratio is ranked better than 92.29% of 999
companies
in the Transportation industry
Industry Median: 1.05
vs NAI:KQ: 0.17
Kenya Airways Plc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Kenya Airways was -14.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 12.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 31.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -24.90% per year.
During the past 13 years, Kenya Airways's highest 3-Year average Revenue per Share Growth Rate was 53.50% per year. The lowest was -71.50% per year. And the median was -11.15% per year.
Back to Basics: PS Ratio
Kenya Airways (NAI:KQ) 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.
Kenya Airways PS Ratio Related Terms
Kenya Airways PS Ratio Historical Data
* Premium members only.
The historical data trend for Kenya Airways'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 Airlines subindustry, Kenya Airways'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.
Kenya Airways PS Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Kenya Airways's PS Ratio distribution charts can be found below:
* The bar in red indicates where Kenya Airways'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.
Kenya Airways's Share Price of today is KES5.58.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kenya Airways's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was KES31.93.
* 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:
Kenya Airways (NAI:KQ) has a PS Ratio of 0.17 as of Jul. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Kenya Airways and its competitors. This is 11% below median its historical median of 0.19. Over the past decade, Kenya Airways' PS Ratio has ranged from 0.02 to 0.59. According to the industry distribution chart, Kenya Airways ranks #77 out of 999 companies in the Transportation industry, placing it in the top 7.7%.
Is Kenya Airways' PS Ratio too high?
Kenya Airways' current PS Ratio of 0.17 is 11% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.59. The Transportation industry median PS Ratio is 1.05. Kenya Airways' value of 0.17 is 83.8% below this industry median. Based on the distribution chart, Kenya Airways ranks #77 out of 999 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Kenya Airways has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kenya Airways' PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Kenya Airways ranks #77 out of 999 companies for PS Ratio. This places Kenya Airways in the top 8% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.05. Kenya Airways' value of 0.17 is 83.8% below this benchmark. Historically, Kenya Airways' own PS Ratio has ranged from 0.02 to 0.59 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 1.05, Kenya Airways 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 a Transportation company?
The median PS Ratio among Transportation companies is 1.05, based on 999 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. Kenya Airways's current PS Ratio of 0.17 is 83.8% 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 Kenya Airways and its competitors. For the Transportation industry, the median PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenya Airways's current PS Ratio is 0.17, which is 11% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenya Airways stock overvalued right now?
Based on GuruFocus' analysis, Kenya Airways (NAI:KQ) is currently considered Significantly Overvalued. The stock's GF Value™ is KES3.74, compared to a current price of KES5.58 — trading 49.2% above its estimated fair value. The current PS Ratio is 0.17, which is 11% below median its 10-year median of 0.19 and 83.8% below the Transportation industry median of 1.05. Kenya Airways' overall GF Score™ is 64/100 with 7 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 Kenya Airways (NAI:KQ), the current PS Ratio is 0.17 as of Jul. 30, 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 Kenya Airways (NAI:KQ) Overvalued in 2026?
Based on GuruFocus' analysis, Kenya Airways stock appears to be overvalued.
The current stock price of KES5.58 is trading 49.2% above its estimated GF Value™ of KES3.74.
GuruFocus considers Kenya Airways to be Significantly Overvalued.
Key valuation signals for NAI:KQ:
PS Ratio: 0.17 (11% below median its 10-year median of 0.19)
GF Value™: KES3.74 vs. price of KES5.58 (49.2% above fair value)
Industry Position: 83.8% below the Transportation median (#77 of 999)
No single metric tells the full story. See the NAI:KQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kenya Airways Plc is engaged in the international, regional, and domestic carriage of passengers and cargo by air, the provision of ground handling services to other airlines, and the handling of import and export cargo. The company's segments include passengers, freight, mail, handling, and others. It operates domestic flights and flies to Africa, the Middle East, Asia, America, and Europe. The company is engaged in four business segments: Passenger, Freight and Mail, Handling, and Other revenue. Key revenue is generated from the Passenger segment.
64GF Score
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