AI stocks with the lowest price-to-sales ratios

What the market pays for each dollar of revenue, lowest first — among companies whose revenue is still growing.

Price-to-sales = market capitalization ÷ revenue over the last twelve months (the latest fiscal year for a company that reports once a year), from SEC filings. Revenue growing over a year in the latest reported quarter (the latest fiscal year for a company that reports once a year); US-listed, worth at least $1 billion; the 30 lowest. A low ratio is not a bargain in itself: margins and growth differ. Prices as of Oct 6, 2026.

CompanyPriceYear to dateMarket capRevenue growthOperating marginPrice / salesTrend
HP Inc. (HPQ)$32.09+44.0%$28.9B+12.5%5.7%0.5Uptrend
Fluence (FLNC)$7.94-59.9%$1.5B+7.9%—0.6Downtrend
NRG Energy (NRG)$104.26-34.5%$21.9B+9.7%13.3%0.7Downtrend
Super Micro Computer (SMCI)$43.53+48.7%$28.6B+93.2%13.4%0.7Uptrend
Jabil (JBL)$303.83+33.2%$31.8B+11.8%5.1%0.9Mixed
Sanmina (SANM)$226.80+51.1%$12.2B+69.7%6.4%1.0Uptrend
EPAM (EPAM)$109.38-46.6%$5.6B+4.5%10.8%1.0Downtrend
Benchmark Electronics (BHE)$86.95+103.3%$3.1B+17.7%4.0%1.1Uptrend
MasTec (MTZ)$227.70+4.8%$18.3B+23.4%5.2%1.1Downtrend
Cognizant (CTSH)$58.40-29.6%$26.3B+4.5%15.9%1.2Downtrend
Flex (FLEX)$118.51+96.1%$43.8B+20.6%4.9%1.5Uptrend
Ultra Clean (UCTT)$72.78+187.3%$3.3B+24.3%4.6%1.5Mixed
Plexus (PLXS)$274.23+86.6%$7.3B+28.1%4.7%1.6Uptrend
Accenture (ACN)$195.26-27.2%$120.2B+5.6%17.0%1.6Uptrend
Exelon (EXC)$41.25-5.4%$42.6B+10.0%16.4%1.7Downtrend
Vishay (VSH)$37.28+157.3%$5.7B+16.6%6.0%1.7Uptrend
Amkor (AMKR)$54.68+38.5%$13.6B+25.6%10.5%1.8Mixed
EnerSys (ENS)$193.25+31.7%$7.0B+4.8%16.2%1.8Uptrend
EMCOR (EME)$819.32+33.9%$36.1B+19.8%10.6%1.9Uptrend
Calix (CALX)$34.53-34.8%$2.2B+21.3%7.4%2.0Downtrend
Penguin Solutions (PENG)$60.19+207.7%$3.1B+47.6%10.6%2.1Uptrend
Carrier (CARR)$56.38+6.7%$46.5B+3.9%13.0%2.1Downtrend
Photronics (PLAB)$30.97-3.2%$1.8B+2.7%21.1%2.1Mixed
Cummins (CMI)$534.49+4.7%$73.6B+9.4%13.5%2.1Downtrend
Hewlett Packard Enterprise (HPE)$70.39+193.0%$93.4B+33.7%11.4%2.2Uptrend
Ichor (ICHR)$63.24+243.1%$2.4B+22.7%2.4%2.3Uptrend
Lennox (LII)$367.21-24.4%$12.7B+3.0%23.0%2.4Downtrend
Dell (DELL)$577.46+358.7%$367.2B+57.7%11.5%2.4Uptrend
Extreme Networks (EXTR)$24.20+45.3%$3.2B+10.3%6.2%2.5Uptrend
Duke Energy (DUK)$114.77-2.1%$89.5B+0.7%27.6%2.7Downtrend

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A list filtered by published criteria, not a recommendation: not investment advice, not a pick.

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