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.
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.
Salem Media GroupSALM 35 PS Ratio is 0.16 as of Aug. 26, 2026, which is at its 10-year median of 0.16. GuruFocus rates SALM with a GF Score™ of 35/100 and a GF Value™ of $0.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,000 Media - Diversified companies, Salem Media Group ranks better than 94.7% 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, Salem Media Group's share price is $1.00.
Salem Media Group's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $6.27. Hence, Salem Media Group's PS Ratio for today is 0.16.
Warning Sign:
Salem Media Group Inc stock PS Ratio (=0.16) is close to 1-year high of 0.16.
The historical rank and industry rank for Salem Media Group's PS Ratio or its related term are showing as below:
SALM'
s PS Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.16 Max: 0.78
Current: 0.16
During the past 13 years, Salem Media Group's highest PS Ratio was 0.78. The lowest was 0.02. And the median was 0.16.
SALM's PS Ratio is ranked better than 94.7% of 1000
companies
in the Media - Diversified industry
Industry Median: 1.06
vs SALM: 0.16
Salem Media Group Inc revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Salem Media Group was -17.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -11.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -4.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -2.80% per year.
During the past 13 years, Salem Media Group's highest 3-Year average Revenue per Share Growth Rate was 14.30% per year. The lowest was -11.40% per year. And the median was 3.10% per year.
Salem Media Group (OTCPK:SALM) 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.
Salem Media Group PS Ratio Related Terms
Salem Media Group PS Ratio Historical Data
* Premium members only.
The historical data trend for Salem Media Group'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 Broadcasting subindustry, Salem Media 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.
Salem Media Group PS Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Salem Media Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Salem Media 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.
Salem Media Group's Share Price of today is $1.00. Salem Media Group's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.27.
* 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:
Salem Media Group (SALM) has a PS Ratio of 0.16 as of Aug. 26, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Salem Media Group and its competitors. This is near median its historical median of 0.16. Over the past decade, Salem Media Group's PS Ratio has ranged from 0.02 to 0.78. According to the industry distribution chart, Salem Media Group ranks #53 out of 1000 companies in the Media - Diversified industry, placing it in the top 5.3%.
Is Salem Media Group's PS Ratio too high?
Salem Media Group's current PS Ratio of 0.16 is near median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.78. The Media - Diversified industry median PS Ratio is 1.06. Salem Media Group's value of 0.16 is 84.9% below this industry median. Based on the distribution chart, Salem Media Group ranks #53 out of 1000 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Salem Media Group has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salem Media Group's PS Ratio compare to BBGI and UONE?
According to the Media - Diversified industry distribution chart, Salem Media Group ranks #53 out of 1000 companies for PS Ratio. This places Salem Media Group in the top 5% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.06. Salem Media Group's value of 0.16 is 84.9% below this benchmark. Historically, Salem Media Group's own PS Ratio has ranged from 0.02 to 0.78 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.06, Salem Media 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 Media - Diversified company?
The median PS Ratio among Media - Diversified companies is 1.06, based on 1,000 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. Salem Media Group's current PS Ratio of 0.16 is 84.9% 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 Salem Media Group and its competitors. For the Media - Diversified industry, the median PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salem Media Group's current PS Ratio is 0.16, which is near median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salem Media Group stock overvalued right now?
Based on GuruFocus' analysis, Salem Media Group (SALM) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.40, compared to a current price of $1.00 — trading 150% above its estimated fair value. The current PS Ratio is 0.16, which is near median its 10-year median of 0.16 and 84.9% below the Media - Diversified industry median of 1.06. Salem Media Group's overall GF Score™ is 35/100 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 Salem Media Group (SALM), the current PS Ratio is 0.16 as of Aug. 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 Salem Media Group (SALM) Overvalued in 2026?
Based on GuruFocus' analysis, Salem Media Group stock appears to be overvalued.
The current stock price of $1.00 is trading 150% above its estimated GF Value™ of $0.40.
GuruFocus considers Salem Media Group to be Significantly Overvalued.
Key valuation signals for SALM:
PS Ratio: 0.16 (near median its 10-year median of 0.16)
GF Value™: $0.40 vs. price of $1.00 (150% above fair value)
Industry Position: 84.9% below the Media - Diversified median (#53 of 1000)
No single metric tells the full story. See the SALM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salem Media Group Inc is a domestic multimedia company specializing in Christian and conservative content, with media properties comprising radio broadcasting, digital media, and publishing. Its content is intended for audiences interested in Christian and family themed programming and conservative news talk. The company derives revenue from the sale of block program time to national and local program producers; the sale of advertising time on its radio stations to national and local advertisers; the sale of banner advertisements on websites or mobile applications; digital newsletters; fees earned for the creation of custom digital media campaigns; syndication of programming on its national network; product sales and royalties for on-air host materials, podcasts, programs and others.
35GF Score
Get the complete analysis for SALM
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
SALM has been successfully added to your 
