Sportsman's Warehouse HoldingsSPWH +2.02%51 PS Ratio is 0.04 as of Jun. 27, 2026, which is 85% below its 10-year median of 0.26. GuruFocus rates SPWH with a GF Score™ of 51/100 and a GF Value™ of $2.64 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,119 Retail - Cyclical companies, Sportsman's Warehouse Holdings ranks better than 98.12% 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, Sportsman's Warehouse Holdings's share price is $1.26.
Sportsman's Warehouse Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $31.41. Hence, Sportsman's Warehouse Holdings's PS Ratio for today is 0.04.
Good Sign:
Sportsman's Warehouse Holdings Inc stock PS Ratio (=0.04) is close to 1-year low of 0.04.
The historical rank and industry rank for Sportsman's Warehouse Holdings's PS Ratio or its related term are showing as below:
SPWH'
s PS Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.26 Max: 0.75
Current: 0.04
During the past 13 years, Sportsman's Warehouse Holdings's highest PS Ratio was 0.75. The lowest was 0.03. And the median was 0.26.
SPWH's PS Ratio is ranked better than 98.12% of 1119
companies
in the Retail - Cyclical industry
Industry Median: 0.62
vs SPWH: 0.04
During the past 13 years, Sportsman's Warehouse Holdings's highest 3-Year average Revenue per Share Growth Rate was 20.70% per year. The lowest was -2.90% per year. And the median was 5.95% per year.
Back to Basics: PS Ratio
Sportsman's Warehouse Holdings (NAS:SPWH) 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.
Sportsman's Warehouse Holdings PS Ratio Related Terms
Sportsman's Warehouse Holdings 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 Specialty Retail subindustry, Sportsman's Warehouse Holdings'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.
Sportsman's Warehouse Holdings PS Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sportsman's Warehouse Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where Sportsman's Warehouse Holdings's PS Ratio falls into.
Sportsman's Warehouse Holdings 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.
Sportsman's Warehouse Holdings's Share Price of today is $1.26. Sportsman's Warehouse Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.41.
* 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:
Sportsman's Warehouse Holdings (SPWH) has a PS Ratio of 0.04 as of Jun. 27, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Sportsman's Warehouse Holdings and its competitors. This is 85% below median its historical median of 0.26. Over the past decade, Sportsman's Warehouse Holdings' PS Ratio has ranged from 0.03 to 0.75. According to the industry distribution chart, Sportsman's Warehouse Holdings ranks #21 out of 1119 companies in the Retail - Cyclical industry, placing it in the top 1.9%.
Is Sportsman's Warehouse Holdings' PS Ratio too high?
Sportsman's Warehouse Holdings' current PS Ratio of 0.04 is 85% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.75. The Retail - Cyclical industry median PS Ratio is 0.62. Sportsman's Warehouse Holdings' value of 0.04 is 93.5% below this industry median. Based on the distribution chart, Sportsman's Warehouse Holdings ranks #21 out of 1119 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Sportsman's Warehouse Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sportsman's Warehouse Holdings' PS Ratio compare to ABLV and LESL?
According to the Retail - Cyclical industry distribution chart, Sportsman's Warehouse Holdings ranks #21 out of 1119 companies for PS Ratio. This places Sportsman's Warehouse Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median PS Ratio is 0.62. Sportsman's Warehouse Holdings' value of 0.04 is 93.5% below this benchmark. Historically, Sportsman's Warehouse Holdings' own PS Ratio has ranged from 0.03 to 0.75 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.62, Sportsman's Warehouse Holdings 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 Retail - Cyclical company?
The median PS Ratio among Retail - Cyclical companies is 0.62, based on 1,119 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. Sportsman's Warehouse Holdings's current PS Ratio of 0.04 is 93.5% 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 Sportsman's Warehouse Holdings and its competitors. For the Retail - Cyclical industry, the median PS Ratio is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sportsman's Warehouse Holdings's current PS Ratio is 0.04, which is 85% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportsman's Warehouse Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings (SPWH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.64, compared to a current price of $1.26 — trading 52.3% below its estimated fair value. The current PS Ratio is 0.04, which is 85% below median its 10-year median of 0.26 and 93.5% below the Retail - Cyclical industry median of 0.62. Sportsman's Warehouse Holdings' overall GF Score™ is 51/100 with 7 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 Sportsman's Warehouse Holdings (SPWH), the current PS Ratio is 0.04 as of Jun. 27, 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 Sportsman's Warehouse Holdings (SPWH) Overvalued in 2026?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings stock appears to be undervalued.
The current stock price of $1.26 is trading 52.3% below its estimated GF Value™ of $2.64.
GuruFocus considers Sportsman's Warehouse Holdings to be Possible Value Trap.
Key valuation signals for SPWH:
PS Ratio: 0.04 (85% below median its 10-year median of 0.26)
GF Value™: $2.64 vs. price of $1.26 (52.3% below fair value)
Industry Position: 93.5% below the Retail - Cyclical median (#21 of 1119)
No single metric tells the full story. See the SPWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sportsman's Warehouse Holdings Business Description
Sportsman's Warehouse Holdings Inc together with its subsidiaries operates as an outdoor sporting goods retailer. It provides a one-stop shopping experience that equips customers with the right quality, brand name hunting, shooting, fishing, and camping gear to maximize enjoyment of the outdoors. The company offers products in the categories of Camping, Apparel, Fishing, Footwear, Hunting and shooting, and Optics, Electronics, Accessories, and Other products. It provides products such as Backpacks, Jackets, Camp essentials, Hiking boots, GPS devices, ATV accessories and Fishing rods, among others. The company also offers an e-commerce experience, extensive in-store events and educational programming.
51GF Score
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