CaterpillarXSWX:CAT -1.09%83 PS Ratio is 6.87 as of Jun. 28, 2026, which is 233% above its 10-year median of 2.06. GuruFocus rates XSWX:CAT with a GF Score™ of 83/100 and a GF Value™ of CHF346.35. The stock has 6 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Caterpillar ranks worse than 94.26% 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, Caterpillar's share price is CHF826.80.
Caterpillar's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was CHF120.35. Hence, Caterpillar's PS Ratio for today is 6.87.
Warning Sign:
Caterpillar Inc stock PS Ratio (=6.62) is close to 10-year high of 6.62.
The historical rank and industry rank for Caterpillar's PS Ratio or its related term are showing as below:
XSWX:CAT'
s PS Ratio Range Over the Past 10 Years
Min: 1.01 Med: 2.06 Max: 6.62
Current: 6.62
During the past 13 years, Caterpillar's highest PS Ratio was 6.62. The lowest was 1.01. And the median was 2.06.
XSWX:CAT's PS Ratio is ranked worse than 94.26% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.09
vs XSWX:CAT: 6.62
Caterpillar Inc has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Caterpillar was 15.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 8.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 13.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 7.40% per year.
During the past 13 years, Caterpillar's highest 3-Year average Revenue per Share Growth Rate was 55.20% per year. The lowest was -17.50% per year. And the median was 8.50% per year.
Back to Basics: PS Ratio
Caterpillar (XSWX:CAT) 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.
Caterpillar PS Ratio Related Terms
Caterpillar PS Ratio Historical Data
* Premium members only.
The historical data trend for Caterpillar'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 Farm & Heavy Construction Machinery subindustry, Caterpillar'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.
Caterpillar PS Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Caterpillar's PS Ratio distribution charts can be found below:
* The bar in red indicates where Caterpillar'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.
Caterpillar's Share Price of today is CHF826.80. Caterpillar'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 CHF120.35.
* 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:
Caterpillar (XSWX:CAT) has a PS Ratio of 6.87 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 Caterpillar and its competitors. This is 233% above median its historical median of 2.06. Over the past decade, Caterpillar's PS Ratio has ranged from 1.01 to 6.62. According to the industry distribution chart, Caterpillar ranks #197 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 94.3%.
Is Caterpillar's PS Ratio too high?
Caterpillar's current PS Ratio of 6.87 is 233% above median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 6.62. The Farm & Heavy Construction Machinery industry median PS Ratio is 1.09. Caterpillar's value of 6.87 is 530.3% above this industry median. Based on the distribution chart, Caterpillar ranks #197 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Caterpillar has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Caterpillar's PS Ratio compare to DE and PCAR?
According to the Farm & Heavy Construction Machinery industry distribution chart, Caterpillar ranks #197 out of 209 companies for PS Ratio. This places Caterpillar in the lower half of its industry. The industry median PS Ratio is 1.09. Caterpillar's value of 6.87 is 530.3% above this benchmark. Historically, Caterpillar's own PS Ratio has ranged from 1.01 to 6.62 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 1.09, Caterpillar 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 Farm & Heavy Construction Machinery company?
The median PS Ratio among Farm & Heavy Construction Machinery companies is 1.09, based on 209 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. Caterpillar's current PS Ratio of 6.87 is 530.3% 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 Caterpillar and its competitors. For the Farm & Heavy Construction Machinery industry, the median PS Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caterpillar's current PS Ratio is 6.87, which is 233% above median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caterpillar stock overvalued right now?
Caterpillar (XSWX:CAT) has a current PS Ratio of 6.87. The stock's GF Value™ is CHF346.35, compared to a current price of CHF826.80 — trading 138.7% above its estimated fair value. The current PS Ratio is 6.87, which is 233% above median its 10-year median of 2.06 and 530.3% above the Farm & Heavy Construction Machinery industry median of 1.09. Caterpillar's overall GF Score™ is 83/100 with 6 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 Caterpillar (XSWX:CAT), the current PS Ratio is 6.87 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 Caterpillar (XSWX:CAT) Overvalued in 2026?
Based on GuruFocus' analysis, Caterpillar stock appears to be overvalued.
The current stock price of CHF826.80 is trading 138.7% above its estimated GF Value™ of CHF346.35.
Key valuation signals for XSWX:CAT:
PS Ratio: 6.87 (233% above median its 10-year median of 2.06)
GF Value™: CHF346.35 vs. price of CHF826.80 (138.7% above fair value)
Industry Position: 530.3% above the Farm & Heavy Construction Machinery median (#197 of 209)
No single metric tells the full story. See the XSWX:CAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its reporting segments are construction, resource, energy, and transportation. Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has a global reach that is approximately evenly balanced between the US and the rest of the world. Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of over 150 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.
83GF Score
Get the complete analysis for XSWX:CAT
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:CAT has been successfully added to your 
