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Fonterra Co-operative GroupNZSE:FCG +0.48%66 PS Ratio is 0.40 as of Jul. 14, 2026, which is 18% above its 10-year median of 0.34. GuruFocus rates NZSE:FCG with a GF Score™ of 66/100 and a GF Value™ of NZ$2.96 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,938 Consumer Packaged Goods companies, Fonterra Co-operative Group ranks better than 74.3% 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, Fonterra Co-operative Group's share price is NZ$4.22.
Fonterra Co-operative Group's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$10.45. Hence, Fonterra Co-operative Group's PS Ratio for today is 0.40.
The historical rank and industry rank for Fonterra Co-operative Group's PS Ratio or its related term are showing as below:
NZSE:FCG'
s PS Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.34 Max: 0.59
Current: 0.41
During the past 13 years, Fonterra Co-operative Group's highest PS Ratio was 0.59. The lowest was 0.16. And the median was 0.34.
NZSE:FCG's PS Ratio is ranked better than 74.3% of 1938
companies
in the Consumer Packaged Goods industry
Industry Median: 0.85
vs NZSE:FCG: 0.41
During the past 12 months, the average Revenue per Share Growth Rate of Fonterra Co-operative Group was 21.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 9.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 7.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 4.10% per year.
During the past 13 years, Fonterra Co-operative Group's highest 3-Year average Revenue per Share Growth Rate was 9.90% per year. The lowest was -4.90% per year. And the median was 1.60% per year.
Back to Basics: PS Ratio
Fonterra Co-operative Group (NZSE:FCG) 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.
Fonterra Co-operative Group PS Ratio Related Terms
Fonterra Co-operative Group PS Ratio Historical Data
* 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 Packaged Foods subindustry, Fonterra Co-operative Group'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.
Fonterra Co-operative Group PS Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Fonterra Co-operative Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Fonterra Co-operative Group'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.
Fonterra Co-operative Group's Share Price of today is NZ$4.22.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fonterra Co-operative Group's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$10.45.
* 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:
Fonterra Co-operative Group (NZSE:FCG) has a PS Ratio of 0.40 as of Jul. 14, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Fonterra Co-operative Group and its competitors. This is 18% above median its historical median of 0.34. Over the past decade, Fonterra Co-operative Group's PS Ratio has ranged from 0.16 to 0.59. According to the industry distribution chart, Fonterra Co-operative Group ranks #498 out of 1938 companies in the Consumer Packaged Goods industry, placing it in the top 25.7%.
Is Fonterra Co-operative Group's PS Ratio too high?
Fonterra Co-operative Group's current PS Ratio of 0.40 is 18% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.59. The Consumer Packaged Goods industry median PS Ratio is 0.85. Fonterra Co-operative Group's value of 0.40 is 52.9% below this industry median. Based on the distribution chart, Fonterra Co-operative Group ranks #498 out of 1938 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Fonterra Co-operative Group has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fonterra Co-operative Group's PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Fonterra Co-operative Group ranks #498 out of 1938 companies for PS Ratio. This puts Fonterra Co-operative Group in the upper half of its industry. The industry median PS Ratio is 0.85. Fonterra Co-operative Group's value of 0.40 is 52.9% below this benchmark. Historically, Fonterra Co-operative Group's own PS Ratio has ranged from 0.16 to 0.59 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.85, Fonterra Co-operative Group 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 Consumer Packaged Goods company?
The median PS Ratio among Consumer Packaged Goods companies is 0.85, based on 1,938 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. Fonterra Co-operative Group's current PS Ratio of 0.40 is 52.9% 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 Fonterra Co-operative Group and its competitors. For the Consumer Packaged Goods industry, the median PS Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fonterra Co-operative Group's current PS Ratio is 0.40, which is 18% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonterra Co-operative Group stock overvalued right now?
Based on GuruFocus' analysis, Fonterra Co-operative Group (NZSE:FCG) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$2.96, compared to a current price of NZ$4.22 — trading 42.6% above its estimated fair value. The current PS Ratio is 0.40, which is 18% above median its 10-year median of 0.34 and 52.9% below the Consumer Packaged Goods industry median of 0.85. Fonterra Co-operative Group's overall GF Score™ is 66/100 with 5 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 Fonterra Co-operative Group (NZSE:FCG), the current PS Ratio is 0.40 as of Jul. 14, 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 Fonterra Co-operative Group (NZSE:FCG) Overvalued in 2026?
Based on GuruFocus' analysis, Fonterra Co-operative Group stock appears to be overvalued.
The current stock price of NZ$4.22 is trading 42.6% above its estimated GF Value™ of NZ$2.96.
GuruFocus considers Fonterra Co-operative Group to be Significantly Overvalued.
Key valuation signals for NZSE:FCG:
PS Ratio: 0.40 (18% above median its 10-year median of 0.34)
GF Value™: NZ$2.96 vs. price of NZ$4.22 (42.6% above fair value)
Industry Position: 52.9% below the Consumer Packaged Goods median (#498 of 1938)
No single metric tells the full story. See the NZSE:FCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets is Asia, China, Australia, New Zealand, the United States, and the Rest of the world.
66GF Score
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