PetMed ExpressPETS -0.56%56 Quick Ratio is 0.58 as of Mar. 2026, which is 77% below its 10-year median of 2.47. GuruFocus rates PETS with a GF Score™ of 56/100 and a GF Value™ of $2.87 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 683 Healthcare Providers & Services companies, PetMed Express ranks worse than 83.46% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. PetMed Express's quick ratio for the quarter that ended in Mar. 2026 was 0.58.
PetMed Express has a quick ratio of 0.58. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for PetMed Express's Quick Ratio or its related term are showing as below:
PETS'
s Quick Ratio Range Over the Past 10 Years
Min: 0.58 Med: 2.47 Max: 5.64
Current: 0.58
During the past 13 years, PetMed Express's highest Quick Ratio was 5.64. The lowest was 0.58. And the median was 2.47.
PETS's Quick Ratio is ranked worse than 83.46% of 683
companies
in the Healthcare Providers & Services industry
Industry Median: 1.32
vs PETS: 0.58
PetMed Express (NAS:PETS) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
PetMed Express Quick Ratio Related Terms
PetMed Express Quick Ratio Historical Data
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The historical data trend for PetMed Express's Quick 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 Pharmaceutical Retailers subindustry, PetMed Express's Quick Ratio, along with its competitors' market caps and Quick 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.
PetMed Express Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, PetMed Express's Quick Ratio distribution charts can be found below:
* The bar in red indicates where PetMed Express's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
PetMed Express's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
PetMed Express (PETS) has a Quick Ratio of 0.58 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PetMed Express and its competitors. This is 77% below median its historical median of 2.47. Over the past decade, PetMed Express' Quick Ratio has ranged from 0.58 to 5.64. According to the industry distribution chart, PetMed Express ranks #570 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 83.5%.
Is PetMed Express' Quick Ratio too high?
PetMed Express' current Quick Ratio of 0.58 is 77% below median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 5.64. The Healthcare Providers & Services industry median Quick Ratio is 1.32. PetMed Express' value of 0.58 is 56.1% below this industry median. Based on the distribution chart, PetMed Express ranks #570 out of 683 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, PetMed Express has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PetMed Express' Quick Ratio compare to BHIC and SHFH?
According to the Healthcare Providers & Services industry distribution chart, PetMed Express ranks #570 out of 683 companies for Quick Ratio. This places PetMed Express in the lower half of its industry. The industry median Quick Ratio is 1.32. PetMed Express' value of 0.58 is 56.1% below this benchmark. Historically, PetMed Express' own Quick Ratio has ranged from 0.58 to 5.64 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 1.32, PetMed Express 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 Quick Ratio for a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PetMed Express's current Quick Ratio of 0.58 is 56.1% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PetMed Express and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetMed Express's current Quick Ratio is 0.58, which is 77% below median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetMed Express stock overvalued right now?
Based on GuruFocus' analysis, PetMed Express (PETS) is currently considered Possible Value Trap. The stock's GF Value™ is $2.87, compared to a current price of $1.76 — trading 38.7% below its estimated fair value. The current Quick Ratio is 0.58, which is 77% below median its 10-year median of 2.47 and 56.1% below the Healthcare Providers & Services industry median of 1.32. PetMed Express' overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For PetMed Express (PETS), the current Quick Ratio is 0.58 as of Mar. 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 PetMed Express (PETS) Overvalued in 2026?
Based on GuruFocus' analysis, PetMed Express stock appears to be undervalued.
The current stock price of $1.76 is trading 38.7% below its estimated GF Value™ of $2.87.
GuruFocus considers PetMed Express to be Possible Value Trap.
Key valuation signals for PETS:
Quick Ratio: 0.58 (77% below median its 10-year median of 2.47)
GF Value™: $2.87 vs. price of $1.76 (38.7% below fair value)
Industry Position: 56.1% below the Healthcare Providers & Services median (#570 of 683)
No single metric tells the full story. See the PETS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PetMed Express Inc is a nationwide direct-to-consumer pet pharmacy and online provider of prescription and non-prescription medications, foods, supplements, supplies, and vet services for dogs, cats, and horses. It markets and sells directly to consumers through its websites, toll-free numbers, and mobile application, offering convenience, price, speed of delivery, and customer service. It provides access to branded pharmaceuticals, generic medications, compounded prescription medications, over-the-counter health and wellness products, prescription and non-prescription food, pharmacy fulfillment, and AutoShip capabilities. Its digital platform offers pet healthcare solutions for chronic conditions, including allergies, arthritis, anxiety, kidney-related conditions, and hyperthyroidism.
56GF Score
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