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HIVE Digital TechnologiesTSX:HIVE -1.48%67 PS Ratio is 2.24 as of Jul. 18, 2026, which is 33% below its 10-year median of 3.32. GuruFocus rates TSX:HIVE with a GF Score™ of 67/100 and a GF Value™ of C$5.38 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 757 Capital Markets companies, HIVE Digital Technologies ranks better than 65.79% 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, HIVE Digital Technologies's share price is C$3.99.
HIVE Digital Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was C$1.78. Hence, HIVE Digital Technologies's PS Ratio for today is 2.24.
The historical rank and industry rank for HIVE Digital Technologies's PS Ratio or its related term are showing as below:
TSX:HIVE'
s PS Ratio Range Over the Past 10 Years
Min: 0.68 Med: 3.32 Max: 2140.91
Current: 2.24
During the past 13 years, HIVE Digital Technologies's highest PS Ratio was 2140.91. The lowest was 0.68. And the median was 3.32.
TSX:HIVE's PS Ratio is ranked better than 65.79% of 757
companies
in the Capital Markets industry
Industry Median: 4.11
vs TSX:HIVE: 2.24
During the past 13 years, HIVE Digital Technologies's highest 3-Year average Revenue per Share Growth Rate was 89.80% per year. The lowest was -25.70% per year. And the median was 24.95% per year.
Back to Basics: PS Ratio
HIVE Digital Technologies (TSX:HIVE) 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.
HIVE Digital Technologies PS Ratio Related Terms
HIVE Digital Technologies 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 Capital Markets subindustry, HIVE Digital Technologies'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.
HIVE Digital Technologies PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, HIVE Digital Technologies's PS Ratio distribution charts can be found below:
* The bar in red indicates where HIVE Digital Technologies'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.
HIVE Digital Technologies's Share Price of today is C$3.99. HIVE Digital Technologies'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 C$1.78.
* 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:
HIVE Digital Technologies (TSX:HIVE) has a PS Ratio of 2.24 as of Jul. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on HIVE Digital Technologies and its competitors. This is 33% below median its historical median of 3.32. Over the past decade, HIVE Digital Technologies' PS Ratio has ranged from 0.68 to 2,140.91. According to the industry distribution chart, HIVE Digital Technologies ranks #259 out of 757 companies in the Capital Markets industry, placing it in the top 34.2%.
Is HIVE Digital Technologies' PS Ratio too high?
HIVE Digital Technologies' current PS Ratio of 2.24 is 33% below median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2,140.91. The Capital Markets industry median PS Ratio is 4.11. HIVE Digital Technologies' value of 2.24 is 45.5% below this industry median. Based on the distribution chart, HIVE Digital Technologies ranks #259 out of 757 companies in the Capital Markets industry, which is above the industry midpoint. Overall, HIVE Digital Technologies has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HIVE Digital Technologies' PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, HIVE Digital Technologies ranks #259 out of 757 companies for PS Ratio. This puts HIVE Digital Technologies in the upper half of its industry. The industry median PS Ratio is 4.11. HIVE Digital Technologies' value of 2.24 is 45.5% below this benchmark. Historically, HIVE Digital Technologies' own PS Ratio has ranged from 0.68 to 2,140.91 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 4.11, HIVE Digital Technologies 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 Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.11, based on 757 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. HIVE Digital Technologies's current PS Ratio of 2.24 is 45.5% 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 HIVE Digital Technologies and its competitors. For the Capital Markets industry, the median PS Ratio is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIVE Digital Technologies's current PS Ratio is 2.24, which is 33% below median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIVE Digital Technologies stock overvalued right now?
Based on GuruFocus' analysis, HIVE Digital Technologies (TSX:HIVE) is currently considered Modestly Undervalued. The stock's GF Value™ is C$5.38, compared to a current price of C$3.99 — trading 25.8% below its estimated fair value. The current PS Ratio is 2.24, which is 33% below median its 10-year median of 3.32 and 45.5% below the Capital Markets industry median of 4.11. HIVE Digital Technologies' overall GF Score™ is 67/100 with 1 warning sign 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 HIVE Digital Technologies (TSX:HIVE), the current PS Ratio is 2.24 as of Jul. 18, 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 HIVE Digital Technologies (TSX:HIVE) Overvalued in 2026?
Based on GuruFocus' analysis, HIVE Digital Technologies stock appears to be undervalued.
The current stock price of C$3.99 is trading 25.8% below its estimated GF Value™ of C$5.38.
GuruFocus considers HIVE Digital Technologies to be Modestly Undervalued.
Key valuation signals for TSX:HIVE:
PS Ratio: 2.24 (33% below median its 10-year median of 3.32)
GF Value™: C$5.38 vs. price of C$3.99 (25.8% below fair value)
Industry Position: 45.5% below the Capital Markets median (#259 of 757)
No single metric tells the full story. See the TSX:HIVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HIVE Digital Technologies Ltd is a sustainable-energy-focused digital infrastructure company that provides infrastructure solutions through the operation of Tier-1 and Tier-3 data centers. Its computing power is used for high-performance computing (HPC) and for generating hashrate sold to mining pools for cryptocurrency mining. The Company uses cash flow from its hashrate services business to support the expansion of its AI and HPC operations through its subsidiary. The Company focuses on Canada, Sweden, and Paraguay, where low-cost renewable power supports its operations and expansion. It operates in one segment with two revenue streams: the mining and sale of digital currencies and high-performance computing hosting. The majority of its revenue is generated from Bermuda.
67GF Score
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