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1st SourceSRCE -0.12%66 PS Ratio is 4.81 as of Aug. 02, 2026, which is 30% above its 10-year median of 3.70. GuruFocus rates SRCE with a GF Score™ of 66/100 and a GF Value™ of $69.87 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,516 Banks companies, 1st Source ranks worse than 81.6% 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, 1st Source's share price is $89.69.
1st Source's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $18.63. Hence, 1st Source's PS Ratio for today is 4.81.
Warning Sign:
1st Source Corp stock PS Ratio (=4.81) is close to 10-year high of 4.99.
The historical rank and industry rank for 1st Source's PS Ratio or its related term are showing as below:
SRCE'
s PS Ratio Range Over the Past 10 Years
Min: 2.19 Med: 3.7 Max: 4.99
Current: 4.81
During the past 13 years, 1st Source's highest PS Ratio was 4.99. The lowest was 2.19. And the median was 3.70.
SRCE's PS Ratio is ranked worse than 81.6% of 1516
companies
in the Banks industry
Industry Median: 3.065
vs SRCE: 4.81
1st Source Corp has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of 1st Source was 12.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 7.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 5.90% per year.
During the past 13 years, 1st Source's highest 3-Year average Revenue per Share Growth Rate was 47.10% per year. The lowest was -12.40% per year. And the median was 4.85% per year.
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.
1st Source PS Ratio Related Terms
1st Source PS Ratio Historical Data
* Premium members only.
The historical data trend for 1st Source'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 Banks - Regional subindustry, 1st Source'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.
1st Source PS Ratio vs Banks Industry
For the Banks industry and Financial Services sector, 1st Source's PS Ratio distribution charts can be found below:
* The bar in red indicates where 1st Source'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.
1st Source's Share Price of today is $89.69. 1st Source'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 $18.63.
* 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:
1st Source (SRCE) has a PS Ratio of 4.81 as of Aug. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on 1st Source and its competitors. This is 30% above median its historical median of 3.70. Over the past decade, 1st Source's PS Ratio has ranged from 2.19 to 4.99. According to the industry distribution chart, 1st Source ranks #1237 out of 1516 companies in the Banks industry, placing it in the top 81.6%.
Is 1st Source's PS Ratio too high?
1st Source's current PS Ratio of 4.81 is 30% above median its 10-year median of 3.70. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 4.99. The Banks industry median PS Ratio is 3.07. 1st Source's value of 4.81 is 56.9% above this industry median. Based on the distribution chart, 1st Source ranks #1237 out of 1516 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, 1st Source has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 1st Source's PS Ratio compare to HAPN and FCF?
According to the Banks industry distribution chart, 1st Source ranks #1237 out of 1516 companies for PS Ratio. This places 1st Source in the lower half of its industry. The industry median PS Ratio is 3.07. 1st Source's value of 4.81 is 56.9% above this benchmark. Historically, 1st Source's own PS Ratio has ranged from 2.19 to 4.99 over the past decade. While the company's 10-year median is 3.70 vs. the industry median of 3.07, 1st Source 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 Banks company?
The median PS Ratio among Banks companies is 3.07, based on 1,516 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. 1st Source's current PS Ratio of 4.81 is 56.9% 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 1st Source and its competitors. For the Banks industry, the median PS Ratio is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 1st Source's current PS Ratio is 4.81, which is 30% above median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1st Source stock overvalued right now?
Based on GuruFocus' analysis, 1st Source (SRCE) is currently considered Modestly Overvalued. The stock's GF Value™ is $69.87, compared to a current price of $89.69 — trading 28.4% above its estimated fair value. The current PS Ratio is 4.81, which is 30% above median its 10-year median of 3.70 and 56.9% above the Banks industry median of 3.07. 1st Source's overall GF Score™ is 66/100 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 1st Source (SRCE), the current PS Ratio is 4.81 as of Aug. 02, 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 1st Source (SRCE) Overvalued in 2026?
Based on GuruFocus' analysis, 1st Source stock appears to be overvalued.
The current stock price of $89.69 is trading 28.4% above its estimated GF Value™ of $69.87.
GuruFocus considers 1st Source to be Modestly Overvalued.
Key valuation signals for SRCE:
PS Ratio: 4.81 (30% above median its 10-year median of 3.70)
GF Value™: $69.87 vs. price of $89.69 (28.4% above fair value)
Industry Position: 56.9% above the Banks median (#1237 of 1516)
No single metric tells the full story. See the SRCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
1st Source Corp provides specialized financing services for construction equipment, aircraft, and vehicle types through its Specialty Finance activities. The company offers commercial, small business, agricultural, and real estate loans, along with commercial leasing, treasury management, and payment services, including Fedwires, ACH, and merchant services. It also provides Renewable Energy Financing for commercial solar projects, a full range of consumer banking products, Trust and Wealth Advisory Services, and insurance products. The company operates in the commercial banking segment, which provides commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and business clients across its markets.
66GF Score
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