Tarsus PharmaceuticalsTARS -2.21%48 PS Ratio is 5.02 as of Jun. 28, 2026, which is 59% below its 10-year median of 12.23. GuruFocus rates TARS with a GF Score™ of 48/100 and a GF Value™ of $202.09 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 936 Biotechnology companies, Tarsus Pharmaceuticals ranks better than 65.06% 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, Tarsus Pharmaceuticals's share price is $62.92.
Tarsus Pharmaceuticals's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $12.53. Hence, Tarsus Pharmaceuticals's PS Ratio for today is 5.02.
Good Sign:
Tarsus Pharmaceuticals Inc stock PS Ratio (=5.02) is close to 10-year low of 4.73.
The historical rank and industry rank for Tarsus Pharmaceuticals's PS Ratio or its related term are showing as below:
TARS'
s PS Ratio Range Over the Past 10 Years
Min: 4.73 Med: 12.23 Max: 67.67
Current: 5.02
During the past 8 years, Tarsus Pharmaceuticals's highest PS Ratio was 67.67. The lowest was 4.73. And the median was 12.23.
TARS's PS Ratio is ranked better than 65.06% of 936
companies
in the Biotechnology industry
Industry Median: 9.155
vs TARS: 5.02
During the past 8 years, Tarsus Pharmaceuticals's highest 3-Year average Revenue per Share Growth Rate was 117.60% per year. The lowest was 20.60% per year. And the median was 69.10% per year.
Back to Basics: PS Ratio
Tarsus Pharmaceuticals (NAS:TARS) 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.
* 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 Biotechnology subindustry, Tarsus Pharmaceuticals'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.
Tarsus Pharmaceuticals PS Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Tarsus Pharmaceuticals's PS Ratio distribution charts can be found below:
* The bar in red indicates where Tarsus Pharmaceuticals'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.
Tarsus Pharmaceuticals's Share Price of today is $62.92. Tarsus Pharmaceuticals'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 $12.53.
* 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:
Tarsus Pharmaceuticals (TARS) has a PS Ratio of 5.02 as of Jun. 28, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Tarsus Pharmaceuticals and its competitors. This is 59% below median its historical median of 12.23. Over the past decade, Tarsus Pharmaceuticals' PS Ratio has ranged from 4.73 to 67.67. According to the industry distribution chart, Tarsus Pharmaceuticals ranks #327 out of 936 companies in the Biotechnology industry, placing it in the top 34.9%.
Is Tarsus Pharmaceuticals' PS Ratio too high?
Tarsus Pharmaceuticals' current PS Ratio of 5.02 is 59% below median its 10-year median of 12.23. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 67.67. The Biotechnology industry median PS Ratio is 9.16. Tarsus Pharmaceuticals' value of 5.02 is 45.2% below this industry median. Based on the distribution chart, Tarsus Pharmaceuticals ranks #327 out of 936 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Tarsus Pharmaceuticals has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tarsus Pharmaceuticals' PS Ratio compare to VERA and IDYA?
According to the Biotechnology industry distribution chart, Tarsus Pharmaceuticals ranks #327 out of 936 companies for PS Ratio. This puts Tarsus Pharmaceuticals in the upper half of its industry. The industry median PS Ratio is 9.16. Tarsus Pharmaceuticals' value of 5.02 is 45.2% below this benchmark. Historically, Tarsus Pharmaceuticals' own PS Ratio has ranged from 4.73 to 67.67 over the past decade. While the company's 10-year median is 12.23 vs. the industry median of 9.16, Tarsus Pharmaceuticals 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 Biotechnology company?
The median PS Ratio among Biotechnology companies is 9.16, based on 936 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. Tarsus Pharmaceuticals's current PS Ratio of 5.02 is 45.2% 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 Tarsus Pharmaceuticals and its competitors. For the Biotechnology industry, the median PS Ratio is 9.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tarsus Pharmaceuticals's current PS Ratio is 5.02, which is 59% below median its own 10-year median of 12.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tarsus Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Tarsus Pharmaceuticals (TARS) is currently considered Possible Value Trap. The stock's GF Value™ is $202.09, compared to a current price of $62.92 — trading 68.9% below its estimated fair value. The current PS Ratio is 5.02, which is 59% below median its 10-year median of 12.23 and 45.2% below the Biotechnology industry median of 9.16. Tarsus Pharmaceuticals' overall GF Score™ is 48/100 with 2 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 Tarsus Pharmaceuticals (TARS), the current PS Ratio is 5.02 as of Jun. 28, 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 Tarsus Pharmaceuticals (TARS) Overvalued in 2026?
Based on GuruFocus' analysis, Tarsus Pharmaceuticals stock appears to be undervalued.
The current stock price of $62.92 is trading 68.9% below its estimated GF Value™ of $202.09.
GuruFocus considers Tarsus Pharmaceuticals to be Possible Value Trap.
Key valuation signals for TARS:
PS Ratio: 5.02 (59% below median its 10-year median of 12.23)
GF Value™: $202.09 vs. price of $62.92 (68.9% below fair value)
Industry Position: 45.2% below the Biotechnology median (#327 of 936)
No single metric tells the full story. See the TARS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tarsus Pharmaceuticals Inc is a commercial-stage biopharmaceutical company focused on the development and commercialization of therapeutics, starting with eye care. The company is focused on the development and commercialization of first-in-class therapeutic candidates to provide treatment for ophthalmic conditions. The company's candidate XDEMVY is a novel investigational eye drop to treat blepharitis caused by the infestation of Demodex mites, referred to as Demodex blepharitis. TP-04 for the potential treatment of ocular rosacea and TP-05 for potential Lyme disease prophylaxis and community malaria reduction.
48GF Score
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