Waterstone FinancialWSBF -0.31%56 PS Ratio is 2.35 as of Jul. 09, 2026, which is 9% above its 10-year median of 2.16. GuruFocus rates WSBF with a GF Score™ of 56/100 and a GF Value™ of $16.88 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,516 Banks companies, Waterstone Financial ranks better than 66.42% 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, Waterstone Financial's share price is $19.26.
Waterstone Financial's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $8.20. Hence, Waterstone Financial's PS Ratio for today is 2.35.
Warning Sign:
Waterstone Financial Inc stock PS Ratio (=2.36) is close to 5-year high of 2.51.
The historical rank and industry rank for Waterstone Financial's PS Ratio or its related term are showing as below:
WSBF'
s PS Ratio Range Over the Past 10 Years
Min: 1.47 Med: 2.16 Max: 3.3
Current: 2.34
During the past 13 years, Waterstone Financial's highest PS Ratio was 3.30. The lowest was 1.47. And the median was 2.16.
WSBF's PS Ratio is ranked better than 66.42% of 1516
companies
in the Banks industry
Industry Median: 3
vs WSBF: 2.34
Waterstone Financial Inc revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Waterstone Financial was 16.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -9.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.50% per year.
During the past 13 years, Waterstone Financial's highest 3-Year average Revenue per Share Growth Rate was 133.10% per year. The lowest was -18.90% per year. And the median was 13.65% per year.
Back to Basics: PS Ratio
Waterstone Financial (NAS:WSBF) 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.
Waterstone Financial PS Ratio Related Terms
Waterstone Financial PS Ratio Historical Data
* Premium members only.
The historical data trend for Waterstone Financial'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, Waterstone Financial'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.
Waterstone Financial PS Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Waterstone Financial's PS Ratio distribution charts can be found below:
* The bar in red indicates where Waterstone Financial'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.
Waterstone Financial's Share Price of today is $19.26. Waterstone Financial'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 $8.20.
* 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:
Waterstone Financial (WSBF) has a PS Ratio of 2.35 as of Jul. 09, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Waterstone Financial and its competitors. This is near median its historical median of 2.16. Over the past decade, Waterstone Financial's PS Ratio has ranged from 1.47 to 3.30. According to the industry distribution chart, Waterstone Financial ranks #509 out of 1516 companies in the Banks industry, placing it in the top 33.6%.
Is Waterstone Financial's PS Ratio too high?
Waterstone Financial's current PS Ratio of 2.35 is near median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 3.30. The Banks industry median PS Ratio is 3.00. Waterstone Financial's value of 2.35 is 21.7% below this industry median. Based on the distribution chart, Waterstone Financial ranks #509 out of 1516 companies in the Banks industry, which is above the industry midpoint. Overall, Waterstone Financial has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waterstone Financial's PS Ratio compare to USCB and MVBF?
According to the Banks industry distribution chart, Waterstone Financial ranks #509 out of 1516 companies for PS Ratio. This puts Waterstone Financial in the upper half of its industry. The industry median PS Ratio is 3.00. Waterstone Financial's value of 2.35 is 21.7% below this benchmark. Historically, Waterstone Financial's own PS Ratio has ranged from 1.47 to 3.30 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 3.00, Waterstone Financial 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 Banks company?
The median PS Ratio among Banks companies is 3.00, 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. Waterstone Financial's current PS Ratio of 2.35 is 21.7% 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 Waterstone Financial and its competitors. For the Banks industry, the median PS Ratio is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waterstone Financial's current PS Ratio is 2.35, which is near median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waterstone Financial stock overvalued right now?
Based on GuruFocus' analysis, Waterstone Financial (WSBF) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.88, compared to a current price of $19.26 — trading 14.1% above its estimated fair value. The current PS Ratio is 2.35, which is near median its 10-year median of 2.16 and 21.7% below the Banks industry median of 3.00. Waterstone Financial's overall GF Score™ is 56/100 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 Waterstone Financial (WSBF), the current PS Ratio is 2.35 as of Jul. 09, 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 Waterstone Financial (WSBF) Overvalued in 2026?
Based on GuruFocus' analysis, Waterstone Financial stock appears to be overvalued.
The current stock price of $19.26 is trading 14.1% above its estimated GF Value™ of $16.88.
GuruFocus considers Waterstone Financial to be Modestly Overvalued.
Key valuation signals for WSBF:
PS Ratio: 2.35 (near median its 10-year median of 2.16)
GF Value™: $16.88 vs. price of $19.26 (14.1% above fair value)
Industry Position: 21.7% below the Banks median (#509 of 1516)
No single metric tells the full story. See the WSBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waterstone Financial Inc is a holding company. Through its subsidiaries, it operates in two reportable segments: Community Banking and Mortgage Banking. The Community Banking segment provides consumer and business banking products and services to customers, which include various types of loans, deposits, and personal investment services. The Mortgage Banking segment involves residential mortgage loans for the primary purpose of sale in the secondary market. The majority of its revenue comes from the Community Banking segment.
56GF Score
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