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, Applied Digital's share price is CHF27.30.
Applied Digital's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was CHF1.01. Hence, Applied Digital's PS Ratio for today is 27.08.
The historical rank and industry rank for Applied Digital's PS Ratio or its related term are showing as below:
XSWX:APLD'
s PS Ratio Range Over the Past 10 Years
Min: 1.85 Med: 9.91 Max: 887.37
Current: 32.8
During the past 13 years, Applied Digital's highest PS Ratio was 887.37. The lowest was 1.85. And the median was 9.91.
XSWX:APLD's PS Ratio is ranked worse than 95.06% of 2776
companies
in the Software industry
Industry Median: 2.035
vs XSWX:APLD: 32.80
During the past 12 months, the average Revenue per Share Growth Rate of Applied Digital was 32.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 68.50% per year.
During the past 13 years, Applied Digital's highest 3-Year average Revenue per Share Growth Rate was 68.50% per year. The lowest was -53.50% per year. And the median was -12.55% per year.
Back to Basics: PS Ratio
Applied Digital (XSWX:APLD) 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.
Applied Digital PS Ratio Related Terms
Applied Digital PS Ratio Historical Data
* Premium members only.
The historical data trend for Applied Digital'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 Information Technology Services subindustry, Applied Digital'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.
Applied Digital PS Ratio vs Software Industry
For the Software industry and Technology sector, Applied Digital's PS Ratio distribution charts can be found below:
* The bar in red indicates where Applied Digital'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.
Applied Digital's Share Price of today is CHF27.30. Applied Digital's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1.01.
* 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:
Applied Digital (XSWX:APLD) has a PS Ratio of 27.08 as of Jul. 04, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Applied Digital and its competitors. This is 173% above median its historical median of 9.91. Over the past decade, Applied Digital's PS Ratio has ranged from 1.85 to 887.37. According to the industry distribution chart, Applied Digital ranks #2639 out of 2776 companies in the Software industry, placing it in the top 95.1%.
Is Applied Digital's PS Ratio too high?
Applied Digital's current PS Ratio of 27.08 is 173% above median its 10-year median of 9.91. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 887.37. The Software industry median PS Ratio is 2.04. Applied Digital's value of 27.08 is 1230.7% above this industry median. Based on the distribution chart, Applied Digital ranks #2639 out of 2776 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Applied Digital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Applied Digital's PS Ratio compare to ?
According to the Software industry distribution chart, Applied Digital ranks #2639 out of 2776 companies for PS Ratio. This places Applied Digital in the lower half of its industry. The industry median PS Ratio is 2.04. Applied Digital's value of 27.08 is 1230.7% above this benchmark. Historically, Applied Digital's own PS Ratio has ranged from 1.85 to 887.37 over the past decade. While the company's 10-year median is 9.91 vs. the industry median of 2.04, Applied Digital 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 Software company?
The median PS Ratio among Software companies is 2.04, based on 2,776 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. Applied Digital's current PS Ratio of 27.08 is 1230.7% 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 Applied Digital and its competitors. For the Software industry, the median PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Digital's current PS Ratio is 27.08, which is 173% above median its own 10-year median of 9.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Digital stock overvalued right now?
Applied Digital (XSWX:APLD) has a current PS Ratio of 27.08. The stock's GF Value™ is CHF11.40, compared to a current price of CHF27.30 — trading 139.5% above its estimated fair value. The current PS Ratio is 27.08, which is 173% above median its 10-year median of 9.91 and 1230.7% above the Software industry median of 2.04. Applied Digital's overall GF Score™ is 38/100 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 Applied Digital (XSWX:APLD), the current PS Ratio is 27.08 as of Jul. 04, 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 Applied Digital (XSWX:APLD) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Digital stock appears to be overvalued.
The current stock price of CHF27.30 is trading 139.5% above its estimated GF Value™ of CHF11.40.
Key valuation signals for XSWX:APLD:
PS Ratio: 27.08 (173% above median its 10-year median of 9.91)
GF Value™: CHF11.40 vs. price of CHF27.30 (139.5% above fair value)
Industry Position: 1230.7% above the Software median (#2639 of 2776)
No single metric tells the full story. See the XSWX:APLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Digital Corp is a designer, developer, and operator of next-generation digital infrastructure across North America. It provides digital infrastructure solutions and cloud services to industries like High-Performance Computing (HPC) and Artificial Intelligence (AI). The company operates in the following business segments: Data Center Hosting Business and HPC Hosting Business. The majority of its revenue is generated from the Data Center Hosting Business, which operates data centers to provide energized space to crypto mining customers.
38GF Score
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