NROM (Noble Roman's) PS Ratio: 0.96 (As of Aug. 02, 2026) — 26% Above Median

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NROM Noble Roman's Inc NROM
31 GF Score
Price $0.62
GF Value $0.32
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Noble Roman's PS Ratio?

Noble Roman's NROM -3.40% 31 PS Ratio is 0.96 as of Aug. 02, 2026, which is 26% above its 10-year median of 0.76. GuruFocus rates NROM with a GF Score™ of 31/100 and a GF Value™ of $0.32 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 358 Restaurants companies, Noble Roman's ranks worse than 54.47% 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, Noble Roman's's share price is $0.6213. Noble Roman's's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $0.65. Hence, Noble Roman's's PS Ratio for today is 0.96.

Warning Sign:

Noble Roman's Inc stock PS Ratio (=1.04) is close to 3-year high of 1.04.

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

NROM' s PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.76   Max: 2.24
Current: 0.96

During the past 13 years, Noble Roman's's highest PS Ratio was 2.24. The lowest was 0.24. And the median was 0.76.

NROM's PS Ratio is ranked worse than
54.47% of 358 companies
in the Restaurants industry
Industry Median: 0.88 vs NROM: 0.96

Noble Roman's's Revenue per Sharefor the three months ended in Mar. 2026 was $0.12. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $0.65.

Warning Sign:

Noble Roman's 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 Noble Roman's was 1.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -5.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.60% per year.

During the past 13 years, Noble Roman's's highest 3-Year average Revenue per Share Growth Rate was 26.60% per year. The lowest was -61.00% per year. And the median was 0.50% per year.

Back to Basics: PS Ratio


Noble Roman's  (OTCPK:NROM) 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.


Noble Roman's PS Ratio Related Terms


Noble Roman's PS Ratio Historical Data

* Premium members only.

The historical data trend for Noble Roman's'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.

Noble Roman's PS Ratio Chart

Noble Roman's Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.43 0.54 0.55 0.68

Noble Roman's Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.34 0.28 0.68 0.54

NROM vs GTIM, MHGU, PETZ: PS Ratio Comparison

For the Restaurants subindustry, Noble Roman's'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.


Noble Roman's PS Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Noble Roman's's PS Ratio distribution charts can be found below:

* The bar in red indicates where Noble Roman's's PS Ratio falls into.


NROM
31GF Score
Noble Roman's Inc NROM
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noble Roman's 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.

Noble Roman's's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.6213/0.647
=0.96

Noble Roman's's Share Price of today is $0.6213.
Noble Roman's'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 $0.65.

* 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 0.96 mean?
Noble Roman's (NROM) has a PS Ratio of 0.96 as of Aug. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Noble Roman's and its competitors. This is 26% above median its historical median of 0.76. Over the past decade, Noble Roman's' PS Ratio has ranged from 0.24 to 2.24. According to the industry distribution chart, Noble Roman's ranks #195 out of 358 companies in the Restaurants industry, placing it in the top 54.5%.
Is Noble Roman's' PS Ratio too high?
Noble Roman's' current PS Ratio of 0.96 is 26% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 2.24. The Restaurants industry median PS Ratio is 0.88. Noble Roman's' value of 0.96 is 9.1% above this industry median. Based on the distribution chart, Noble Roman's ranks #195 out of 358 companies in the Restaurants industry, which is below the industry midpoint. Overall, Noble Roman's has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noble Roman's' PS Ratio compare to GTIM and MHGU?
According to the Restaurants industry distribution chart, Noble Roman's ranks #195 out of 358 companies for PS Ratio. This places Noble Roman's in the lower half of its industry. The industry median PS Ratio is 0.88. Noble Roman's' value of 0.96 is 9.1% above this benchmark. Historically, Noble Roman's' own PS Ratio has ranged from 0.24 to 2.24 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.88, Noble Roman's 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 Restaurants company?
The median PS Ratio among Restaurants companies is 0.88, based on 358 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. Noble Roman's's current PS Ratio of 0.96 is 9.1% 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 Noble Roman's and its competitors. For the Restaurants industry, the median PS Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Roman's's current PS Ratio is 0.96, which is 26% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Roman's stock overvalued right now?
Based on GuruFocus' analysis, Noble Roman's (NROM) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.32, compared to a current price of $0.62 — trading 94.2% above its estimated fair value. The current PS Ratio is 0.96, which is 26% above median its 10-year median of 0.76 and 9.1% above the Restaurants industry median of 0.88. Noble Roman's' overall GF Score™ is 31/100 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 Noble Roman's (NROM), the current PS Ratio is 0.96 as of Aug. 02, 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 Noble Roman's (NROM) Overvalued in 2026?

Based on GuruFocus' analysis, Noble Roman's stock appears to be overvalued. The current stock price of $0.62 is trading 94.2% above its estimated GF Value™ of $0.32. GuruFocus considers Noble Roman's to be Significantly Overvalued.

Key valuation signals for NROM:

  • PS Ratio: 0.96 (26% above median its 10-year median of 0.76)
  • GF Value™: $0.32 vs. price of $0.62 (94.2% above fair value)
  • GF Score™: 31/100 with 6 warning signs
  • Industry Position: 9.1% above the Restaurants median (#195 of 358)

No single metric tells the full story. See the NROM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noble Roman's Business Description

Address 6612 E. 75th Street, Suite 450, Indianapolis, IN, USA, 46250
Noble Roman's Inc is a restaurant operator. It sells and services franchises and licenses and operates Company-owned stand-alone restaurants and non-traditional foodservice operations under the trade names Noble Roman's Craft Pizza & Pub, Noble Roman's Pizza, Noble Roman's Take-N-Bake, and Tuscano's Italian Style Subs. The Company has two reportable operating segments: Franchising - Consists of franchise royalties, franchise fee revenue, manufacturer and distributor allowances, equipment commissions, and related support activities; and Company-Owned Restaurants - Consists of the operations of Company-owned Craft Pizza & Pub locations and Company-operated non-traditional restaurant locations.
31GF Score

Get the complete analysis for NROM

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

$0.62
Price
$0.32
GF Value