Spark Technology AS (OCSE:SPARK) PS Ratio: 2.27 (As of Jul. 16, 2026)

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.

What is Spark Technology AS PS Ratio?

Spark Technology AS OCSE:SPARK PS Ratio is 2.27 as of Jul. 16, 2026.

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, Spark Technology AS's share price is kr2.26. Spark Technology AS's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was kr1.00. Hence, Spark Technology AS's PS Ratio for today is 2.27.

The historical rank and industry rank for Spark Technology AS's PS Ratio or its related term are showing as below:

OCSE:SPARK's PS Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 4.13
* Ranked among companies with meaningful PS Ratio only.

Spark Technology AS's Revenue per Sharefor the six months ended in Jun. 2024 was kr0.20. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was kr1.00.

Back to Basics: PS Ratio


Spark Technology AS  (OCSE:SPARK) 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.


Spark Technology AS PS Ratio Related Terms


Spark Technology AS PS Ratio Historical Data

* Premium members only.

The historical data trend for Spark Technology AS'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.

Spark Technology AS PS Ratio Chart

Spark Technology AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.15 13.32 209.16 12.67 3.09

Spark Technology AS Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.00 12.67 0.00 3.09 0.00

OCSE:SPARK vs MS, GS, SCHW: PS Ratio Comparison

For the Capital Markets subindustry, Spark Technology AS'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.


Spark Technology AS PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Spark Technology AS's PS Ratio distribution charts can be found below:

* The bar in red indicates where Spark Technology AS's PS Ratio falls into.



Spark Technology AS 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.

Spark Technology AS's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=2.26/0.997
=2.27

Spark Technology AS's Share Price of today is kr2.26.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spark Technology AS's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was kr1.00.

* 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 2.27 mean?
Spark Technology AS (OCSE:SPARK) has a PS Ratio of 2.27 as of Jul. 16, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Spark Technology AS and its competitors.
Is Spark Technology AS's PS Ratio too high?
Spark Technology AS's current PS Ratio is 2.27. The Capital Markets industry median PS Ratio is 4.13. Spark Technology AS's value of 2.27 is 45% below this industry median.
How does Spark Technology AS's PS Ratio compare to MS and GS?
Spark Technology AS's PS Ratio of 2.27 can be compared against companies in the Capital Markets industry. The industry median PS Ratio is 4.13. Spark Technology AS's value of 2.27 is 45% below this benchmark. 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 Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.13, based on 758 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. Spark Technology AS's current PS Ratio of 2.27 is 45% 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 Spark Technology AS and its competitors. For the Capital Markets industry, the median PS Ratio is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark Technology AS's current PS Ratio is 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spark Technology AS stock overvalued right now?
Spark Technology AS (OCSE:SPARK) has a current PS Ratio of 2.27. The current PS Ratio is 2.27 and 45% below the Capital Markets industry median of 4.13. 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 Spark Technology AS (OCSE:SPARK), the current PS Ratio is 2.27 as of Jul. 16, 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.

Spark Technology AS Business Description

Address H 76, 4, Copenhagen S, DNK, 2300
Spark Technology AS formerly Spenn Technology A/S is a a FinTech group providing electronic banking and payments services. The group's two primary solutions are the SPENN platform, a Software as a Service (SaaS) core banking platform and Kazang Zambia, its vendor terminal payments processor. The Company generated majority of its revenue from a solution as a part of the SPENN platform Kazang Zambia.