Question 1

What is Federal Agricultural Mortgage's P/S ratio?

Accepted Answer

Federal Agricultural Mortgage (AGM) P/S ratio is 2.0× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Federal Agricultural Mortgage?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Federal Agricultural Mortgage specifically, the relevant sector benchmark is the current sector median of 2.3×.

Question 5

Is Federal Agricultural Mortgage's P/S ratio high or low?

Accepted Answer

Federal Agricultural Mortgage's P/S ratio of 2.0× is above its own 5-year average of 1.7× and below the sector median of 2.3×. That places the current reading at the 67th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Federal Agricultural Mortgage's historical P/S ratio range?

Accepted Answer

In the available daily series, Federal Agricultural Mortgage (AGM) P/S ratio has ranged from a low of 0.1× in 2009 to a high of 3.2× in 2021. The 5-year average is 1.7× and the 5-year median is 1.4×.

Question 7

What was Federal Agricultural Mortgage's P/S ratio in 2025?

Accepted Answer

Federal Agricultural Mortgage (AGM) P/S ratio at the end of 2025 was 1.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Federal Agricultural Mortgage's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$2.27B	$1.32B	1.7×	+0.4×	Dec 31, 2025
2024	$2.14B	$1.62B	1.3×	-0.1×	Dec 31, 2024
2023	$2.07B	$1.42B	1.5×	-0.1×	Dec 31, 2023
2022	$1.22B	$755M	1.6×	-1.4×	Dec 31, 2022
2021	$1.33B	$448M	3.0×	+1.4×	Dec 31, 2021
2020	$797M	$520M	1.5×	+0.2×	Dec 31, 2020
2019	$894M	$666M	1.3×	+0.2×	Dec 31, 2019
2018	$642M	$556M	1.2×	-0.8×	Dec 31, 2018
2017	$833M	$418M	2.0×	+0.2×	Dec 31, 2017
2016	$603M	$332M	1.8×	+0.6×	Dec 31, 2016
2015	$341M	$285M	1.2×	-0.0×	Dec 31, 2015
2014	$329M	$274M	1.2×	-0.1×	Dec 31, 2014
2013	$375M	$300M	1.3×	-0.0×	Dec 31, 2013
2012	$349M	$268M	1.3×	+0.5×	Dec 31, 2012
2011	$187M	$227M	0.8×	+0.1×	Dec 31, 2011
2010	$168M	$244M	0.7×	+0.4×	Dec 31, 2010
2009	$71.2M	$279M	0.3×	+0.1×	Dec 31, 2009
2008	$35.5M	$282M	0.1×	-0.8×	Dec 31, 2008
2007	$260M	$285M	0.9×	-0.1×	Dec 31, 2007
2006	$288M	$277M	1.0×	-0.5×	Dec 31, 2006
2005	$335M	$225M	1.5×	+0.0×	Dec 31, 2005
2004	$272M	$183M	1.5×	-0.6×	Dec 31, 2004
2003	$385M	$185M	2.1×	-0.1×	Dec 31, 2003
2002	$406M	$186M	2.2×	—	Dec 31, 2002


Invesco (IVZ)	1.7×
Citigroup (C)	1.5×
W. R. Berkley (WRB)	1.5×
American International Group (AIG)	1.5×
Capital One Financial (COF)	1.5×
Travelers Companies (TRV)	1.4×
Franklin Resources (BEN)	1.4×
Brookfield (BN)	1.3×
American Financial Group (AFG)	1.3×
Hartford Insurance Group (HIG)	1.3×
Markel (MKL)	1.3×
PSB Holdings (PSBQ)	1.3×
Principal Financial Group (PFG)	1.3×
PayPal (PYPL)	1.2×
Loews (L)	1.2×
AXIS Capital Holdings (AXS)	1.1×
Old Republic International (ORI)	1.0×
Assurant (AIZ)	0.8×
Allstate (ALL)	0.8×
Mercury General (MCY)	0.8×
Everest Group (EG)	0.8×
MetLife (MET)	0.6×
Prudential Financial (PRU)	0.5×
StoneX Group (SNEX)	0.0×
Atlantic Union Bankshares (AUB)	0.0×

P/S Ratio for Federal Agricultural Mortgage (AGM) 2002-2026

P/S Ratio daily chart for Federal Agricultural Mortgage (AGM)

Historical P/S Ratio for Federal Agricultural Mortgage (AGM) from 2002 to 2025

About P/S Ratio at Federal Agricultural Mortgage (AGM)

Federal Agricultural Mortgage P/S Ratio by Year

Federal Agricultural Mortgage P/S Ratio 2025: 1.7×

Federal Agricultural Mortgage P/S Ratio 2024: 1.3×

Federal Agricultural Mortgage P/S Ratio 2023: 1.5×

Federal Agricultural Mortgage P/S Ratio 2022: 1.6×

Federal Agricultural Mortgage P/S Ratio 2021: 3.0×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Federal Agricultural Mortgage (AGM) Key Financials