ImpinjPI +4.97%75 PS Ratio is 11.09 as of Jun. 26, 2026, which is 61% above its 10-year median of 6.88. GuruFocus rates PI with a GF Score™ of 75/100 and a GF Value™ of $123.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,021 Semiconductors companies, Impinj ranks worse than 71.5% 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, Impinj's share price is $134.25.
Impinj's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $12.11. Hence, Impinj's PS Ratio for today is 11.09.
The historical rank and industry rank for Impinj's PS Ratio or its related term are showing as below:
PI'
s PS Ratio Range Over the Past 10 Years
Min: 1.82 Med: 6.88 Max: 20.07
Current: 11.08
During the past 13 years, Impinj's highest PS Ratio was 20.07. The lowest was 1.82. And the median was 6.88.
PI's PS Ratio is ranked worse than 71.5% of 1021
companies
in the Semiconductors industry
Industry Median: 4.55
vs PI: 11.08
Impinj's Revenue per Sharefor the
three
months ended in Mar. 2026 was $2.45.
Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $12.11.
Warning Sign:
Impinj Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Impinj was -3.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 15.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.90% per year.
During the past 13 years, Impinj's highest 3-Year average Revenue per Share Growth Rate was 61.20% per year. The lowest was -12.40% per year. And the median was 11.00% per year.
Back to Basics: PS Ratio
Impinj (NAS:PI) 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.
Impinj PS Ratio Related Terms
Impinj PS Ratio Historical Data
* Premium members only.
The historical data trend for Impinj'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 Semiconductors subindustry, Impinj'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.
Impinj PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Impinj's PS Ratio distribution charts can be found below:
* The bar in red indicates where Impinj'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.
Impinj's Share Price of today is $134.25. Impinj'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 $12.11.
* 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:
Impinj (PI) has a PS Ratio of 11.09 as of Jun. 26, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Impinj and its competitors. This is 61% above median its historical median of 6.88. Over the past decade, Impinj's PS Ratio has ranged from 1.82 to 20.07. According to the industry distribution chart, Impinj ranks #730 out of 1021 companies in the Semiconductors industry, placing it in the top 71.5%.
Is Impinj's PS Ratio too high?
Impinj's current PS Ratio of 11.09 is 61% above median its 10-year median of 6.88. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 20.07. The Semiconductors industry median PS Ratio is 4.55. Impinj's value of 11.09 is 143.7% above this industry median. Based on the distribution chart, Impinj ranks #730 out of 1021 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Impinj has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Impinj's PS Ratio compare to POWI and DIOD?
According to the Semiconductors industry distribution chart, Impinj ranks #730 out of 1021 companies for PS Ratio. This places Impinj in the lower half of its industry. The industry median PS Ratio is 4.55. Impinj's value of 11.09 is 143.7% above this benchmark. Historically, Impinj's own PS Ratio has ranged from 1.82 to 20.07 over the past decade. While the company's 10-year median is 6.88 vs. the industry median of 4.55, Impinj 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 Semiconductors company?
The median PS Ratio among Semiconductors companies is 4.55, based on 1,021 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. Impinj's current PS Ratio of 11.09 is 143.7% 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 Impinj and its competitors. For the Semiconductors industry, the median PS Ratio is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impinj's current PS Ratio is 11.09, which is 61% above median its own 10-year median of 6.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impinj stock overvalued right now?
Based on GuruFocus' analysis, Impinj (PI) is currently considered Fairly Valued. The stock's GF Value™ is $123.00, compared to a current price of $134.25 — trading 9.1% above its estimated fair value. The current PS Ratio is 11.09, which is 61% above median its 10-year median of 6.88 and 143.7% above the Semiconductors industry median of 4.55. Impinj's overall GF Score™ is 75/100 with 3 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 Impinj (PI), the current PS Ratio is 11.09 as of Jun. 26, 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 Impinj (PI) Overvalued in 2026?
Based on GuruFocus' analysis, Impinj stock appears to be overvalued.
The current stock price of $134.25 is trading 9.1% above its estimated GF Value™ of $123.00.
GuruFocus considers Impinj to be Fairly Valued.
Key valuation signals for PI:
PS Ratio: 11.09 (61% above median its 10-year median of 6.88)
GF Value™: $123.00 vs. price of $134.25 (9.1% above fair value)
Industry Position: 143.7% above the Semiconductors median (#730 of 1021)
No single metric tells the full story. See the PI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
75GF Score
Get the complete analysis for PI
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PI has been successfully added to your 
