Telstra GroupTLGPY -0.72%76 PS Ratio is 2.66 as of Jul. 01, 2026, which is 32% above its 10-year median of 2.02. GuruFocus rates TLGPY with a GF Score™ of 76/100 and a GF Value™ of $15.99 (Fairly Valued). The stock has 7 warning signs investors should review. Among 366 Telecommunication Services companies, Telstra Group ranks worse than 74.32% 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, Telstra Group's share price is $17.424.
Telstra Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $6.55. Hence, Telstra Group's PS Ratio for today is 2.66.
Warning Sign:
Telstra Group Ltd stock PS Ratio (=2.62) is close to 10-year high of 2.76.
The historical rank and industry rank for Telstra Group's PS Ratio or its related term are showing as below:
TLGPY'
s PS Ratio Range Over the Past 10 Years
Min: 1.21 Med: 2.02 Max: 2.76
Current: 2.5
During the past 13 years, Telstra Group's highest PS Ratio was 2.76. The lowest was 1.21. And the median was 2.02.
TLGPY's PS Ratio is ranked worse than 74.32% of 366
companies
in the Telecommunication Services industry
Industry Median: 1.36
vs TLGPY: 2.50
During the past 12 months, the average Revenue per Share Growth Rate of Telstra Group was 1.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 3.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 1.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -1.50% per year.
During the past 13 years, Telstra Group's highest 3-Year average Revenue per Share Growth Rate was 11.10% per year. The lowest was -6.90% per year. And the median was 1.40% per year.
Back to Basics: PS Ratio
Telstra Group (OTCPK:TLGPY) 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.
Telstra Group PS Ratio Related Terms
Telstra Group PS Ratio Historical Data
* Premium members only.
The historical data trend for Telstra 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 Telecom Services subindustry, Telstra 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.
Telstra Group PS Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telstra Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Telstra 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.
Telstra Group's Share Price of today is $17.424.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Telstra Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $6.55.
* 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:
Telstra Group (TLGPY) has a PS Ratio of 2.66 as of Jul. 01, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Telstra Group and its competitors. This is 32% above median its historical median of 2.02. Over the past decade, Telstra Group's PS Ratio has ranged from 1.21 to 2.76. According to the industry distribution chart, Telstra Group ranks #272 out of 366 companies in the Telecommunication Services industry, placing it in the top 74.3%.
Is Telstra Group's PS Ratio too high?
Telstra Group's current PS Ratio of 2.66 is 32% above median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.76. The Telecommunication Services industry median PS Ratio is 1.36. Telstra Group's value of 2.66 is 95.6% above this industry median. Based on the distribution chart, Telstra Group ranks #272 out of 366 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telstra Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telstra Group's PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telstra Group ranks #272 out of 366 companies for PS Ratio. This places Telstra Group in the lower half of its industry. The industry median PS Ratio is 1.36. Telstra Group's value of 2.66 is 95.6% above this benchmark. Historically, Telstra Group's own PS Ratio has ranged from 1.21 to 2.76 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 1.36, Telstra Group 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 Telecommunication Services company?
The median PS Ratio among Telecommunication Services companies is 1.36, based on 366 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. Telstra Group's current PS Ratio of 2.66 is 95.6% 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 Telstra Group and its competitors. For the Telecommunication Services industry, the median PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telstra Group's current PS Ratio is 2.66, which is 32% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telstra Group stock overvalued right now?
Based on GuruFocus' analysis, Telstra Group (TLGPY) is currently considered Fairly Valued. The stock's GF Value™ is $15.99, compared to a current price of $17.42 — trading 9% above its estimated fair value. The current PS Ratio is 2.66, which is 32% above median its 10-year median of 2.02 and 95.6% above the Telecommunication Services industry median of 1.36. Telstra Group's overall GF Score™ is 76/100 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 Telstra Group (TLGPY), the current PS Ratio is 2.66 as of Jul. 01, 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 Telstra Group (TLGPY) Overvalued in 2026?
Based on GuruFocus' analysis, Telstra Group stock appears to be overvalued.
The current stock price of $17.42 is trading 9% above its estimated GF Value™ of $15.99.
GuruFocus considers Telstra Group to be Fairly Valued.
Key valuation signals for TLGPY:
PS Ratio: 2.66 (32% above median its 10-year median of 2.02)
GF Value™: $15.99 vs. price of $17.42 (9% above fair value)
Industry Position: 95.6% above the Telecommunication Services median (#272 of 366)
No single metric tells the full story. See the TLGPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telstra is Australia's largest telecommunications company, with dominant market shares in voice, mobile, enterprise telecom, and fixed-line broadband resale via the national broadband network. Telstra provides most of its services via its infrastructure assets, such as a fixed-line network (data centers, exchanges, poles, ducts, pits and pipes, fiber network), a mobile network, and mobile towers. Its customers span retail, corporate, government, wholesale, and overseas segments. Telstra also provides the government-owned, last-mile fixed-line National Broadband Network with long-term access to its infrastructure, in return for recurring payments. Finally, Telstra operates a leading telecom operation in Papua New Guinea and the surrounding South-Pacific countries.
76GF Score
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