Basis: FMP quote market capitalization / revenue from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/S ratio high or low?
The P/S ratio of 868.41 is 3233% above its estimated 5-year average of 26.05, near the low end of its estimated 5-year range (6.26–4137.50).
As of 2026-10-06T16:21:51.886Z. 25.90% below its estimated 12-month average of 1171.95.
Calculation as of: 2026-10-06T16:21:51.886Z.
Quote observation: 2026-10-06T16:20:46.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a052b5393ab77f1e77aa428053085e4d751b04d668ff3bc446a118ef207c6094
Current P/S: FMP quote market capitalization / TTM revenue. Historical estimates use price and reported weighted-average shares; daily points use adjusted close × quarterly weighted-average shares / TTM revenue. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PS RATIO
868.41
PS RATIO AVG TTM
1171.95
PS RATIO AVG 3Y
330.18
PS RATIO AVG 5Y
26.05
PS RATIO AVG 10Y
N/A
PS RATIO AVG 15Y
N/A
PS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-25.90%
CURRENT VS 3Y AVG
+163.01%
CURRENT VS 5Y AVG
+3233.50%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
4.20
median of 500 covered companies
CURRENT VS SECTOR MEDIAN
+20601.07%
vs the sector median at left
Denali Therapeutics Inc.
Market Cap
$3.13B
PS Ratio
868.41
TTM Avg
1171.95
3Y Avg
330.18
5Y Avg
26.05
Market Cap
$3.07B
PS Ratio
N/A
TTM Avg
1.30
3Y Avg
815.49
5Y Avg
815.49
Market Cap
$3.06B
PS Ratio
6.60
TTM Avg
9.18
3Y Avg
9.54
5Y Avg
123.98
Market Cap
$3.43B
PS Ratio
2895.13
TTM Avg
5949.66
3Y Avg
5949.66
5Y Avg
2255.37
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Denali Therapeutics Inc. (DNLI) | $3.13B | 868.41 | 1171.95 | 330.18 | 26.05 |
| Amylyx Pharmaceuticals, Inc. (AMLX)vs › | $3.07B | N/A | 1.30 | 815.49 | 815.49 |
| Arcutis Biotherapeutics, Inc. (ARQT)vs › | $3.06B | 6.60 | 9.18 | 9.54 | 123.98 |
| Enliven Therapeutics, Inc. (ELVN)vs › | $3.06B | N/A | N/A | N/A | N/A |
| Parabilis Medicines, Inc. (PBLS)vs › | $3.34B | N/A | N/A | N/A | N/A |
| Dyne Therapeutics, Inc. (DYN)vs › | $2.88B | N/A | N/A | N/A | N/A |
| CareDx, Inc (CDNA)vs › | $3.38B | 7.38 | 3.47 | 3.09 | 3.52 |
| Acadia Pharmaceuticals Inc. (ACAD)vs › | $3.42B | 3.00 | 3.85 | 3.95 | 5.00 |
| Pulse Biosciences, Inc. (PLSE)vs › | $3.43B | 2895.13 | 5949.66 | 5949.66 | 2255.37 |
| TransMedics Group, Inc. (TMDX)vs › | $2.81B | 4.20 | 7.07 | 9.70 | 14.76 |
Trailing-12-month revenue adds these four fiscal quarters. Amounts are in USD, rounded only to whole currency units.
| Fiscal period | Revenue | Source |
|---|---|---|
| Q3 FY2025Period ended 2025-09-30 | $0 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-11-06 |
| Q4 FY2025Period ended 2025-12-31 | $0 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-02-26 |
| Q1 FY2026Period ended 2026-03-31 | $0 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-05-07 |
| Q2 FY2026Period ended 2026-06-30 | $3,604,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-08-06 |
| TTM revenue | $3,604,000 |
Current P/S: $3,129,756,014 market capitalization ÷ $3,604,000 TTM revenue = 868.41x.
Market capitalization source: FMP quote. Quote observed 2026-10-06T16:20:46.000Z. Latest revenue period ended 2026-06-30.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
At 868.41, P/S is above its estimated 8-year median — higher than 92% of readings in its estimated 8-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 8-year low
6.26
median
31.40
estimated 8-year high
4137.50
P/S Ratio
868.41
Market Cap / Trailing Twelve-Month Revenue
PS Ratio = Market Cap / Revenue (TTM)
The price-to-sales ratio compares market capitalization to trailing revenue. It is useful for valuing companies with little or no earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PS RATIO |
|---|---|
| 2026-10-05 | 1034.80 |
| 2026-10-02 | 1039.48 |
| 2026-10-01 | 1067.03 |
| 2026-09-30 | 1074.30 |
| 2026-09-29 | 1081.58 |
| 2026-09-28 | 1090.42 |
| 2026-09-25 | 1059.75 |
| 2026-09-24 | 1063.91 |
| 2026-09-23 | 1063.39 |
| 2026-09-22 | 1122.64 |
| 2026-09-21 | 1063.91 |
| 2026-09-18 | 1024.93 |
| 2026-09-17 | 1046.24 |
| 2026-09-16 | 1042.60 |
| 2026-09-15 | 1059.23 |
| 2026-09-14 | 1102.89 |
| 2026-09-11 | 1096.13 |
| 2026-09-10 | 1112.24 |
| 2026-09-09 | 1121.08 |
| 2026-09-08 | 1147.59 |
| 2026-09-04 | 1157.98 |
| 2026-09-03 | 1185.01 |
| 2026-09-02 | 1187.61 |
| 2026-09-01 | 1209.44 |
| 2026-08-31 | 1234.90 |
| 2026-08-28 | 1247.38 |
| 2026-08-27 | 1282.20 |
| 2026-08-26 | 1277.00 |
| 2026-08-25 | 1295.71 |
| 2026-08-24 | 1257.77 |
| 2026-08-21 | 1295.19 |
| 2026-08-20 | 1296.75 |
| 2026-08-19 | 1335.21 |
| 2026-08-18 | 1263.49 |
| 2026-08-17 | 1265.57 |
| 2026-08-14 | 1268.17 |
| 2026-08-13 | 1290.00 |
| 2026-08-12 | 1313.38 |
| 2026-08-11 | 1283.24 |
| 2026-08-10 | 1299.35 |
| 2026-08-07 | 1290.52 |
| 2024-11-06 | 3937.62 |
| 2024-11-05 | 3684.44 |
| 2024-11-04 | 3625.81 |
| 2024-11-01 | 3604.49 |
| 2024-10-31 | 3459.24 |
| 2024-10-30 | 3577.84 |
| 2024-10-29 | 3660.46 |
| 2024-10-28 | 3701.76 |
| 2024-10-25 | 3484.56 |
| 2024-10-24 | 3523.20 |
| 2024-10-23 | 3475.23 |
| 2024-10-22 | 3503.22 |
| 2024-10-21 | 3515.21 |
| 2024-10-18 | 3676.45 |
| 2024-10-17 | 3653.79 |
| 2024-10-16 | 3685.77 |
| 2024-10-15 | 3577.84 |
| 2024-10-14 | 3575.17 |
| 2024-10-11 | 3731.08 |
| 2024-10-10 | 3429.93 |
| 2024-10-09 | 3533.86 |
| 2024-10-08 | 3561.85 |
| 2024-10-07 | 3544.53 |
| 2024-10-04 | 3815.03 |
| 2024-10-03 | 3760.39 |
| 2024-10-02 | 3868.33 |
| 2024-10-01 | 3820.36 |
| 2024-09-30 | 3881.65 |
| 2024-09-27 | 3921.63 |
| 2024-09-26 | 3900.31 |
| 2024-09-25 | 3864.33 |
| 2024-09-24 | 4040.23 |
| 2024-09-23 | 4029.57 |
| 2024-09-20 | 4118.84 |
| 2024-09-19 | 4137.50 |
| 2024-09-18 | 4098.86 |
| 2024-09-17 | 4088.20 |
| 2024-09-16 | 4041.56 |
| 2024-09-13 | 4100.19 |
| 2024-09-12 | 3725.75 |
| 2024-09-11 | 3608.49 |
| 2024-09-10 | 3509.88 |
| 2024-09-09 | 3409.94 |
| 2024-09-06 | 3364.63 |
| 2024-09-05 | 3364.63 |
| 2024-09-04 | 3352.64 |
| 2024-09-03 | 3347.31 |
| 2024-08-30 | 3256.70 |
| 2024-08-29 | 3251.37 |
| 2024-08-28 | 3266.03 |
| 2024-08-27 | 3327.32 |
| 2024-08-26 | 3411.27 |
| 2024-08-23 | 3300.67 |
| 2024-08-22 | 3183.41 |
| 2024-08-21 | 3331.32 |
| 2024-08-20 | 3151.43 |
| 2024-08-19 | 3191.41 |
| 2024-08-16 | 3067.48 |
| 2024-08-15 | 3154.09 |
| 2024-08-14 | 2995.52 |
| 2024-08-13 | 3067.48 |
| 2024-08-12 | 3000.85 |
| 2024-08-09 | 2983.53 |
| 2024-08-08 | 2968.87 |
| 2024-08-07 | 2888.92 |
| 2024-08-06 | 2931.56 |
| 2024-08-05 | 2883.59 |
| 2024-08-02 | 2914.24 |
| 2024-08-01 | 11.80 |
| 2024-07-31 | 12.33 |
| 2024-07-30 | 12.25 |
| 2024-07-29 | 12.33 |
| 2024-07-26 | 12.19 |
| 2024-07-25 | 12.18 |
| 2024-07-24 | 11.94 |
| 2024-07-23 | 12.08 |
| 2024-07-22 | 11.90 |
| 2024-07-19 | 10.85 |
| 2024-07-18 | 11.02 |
| 2024-07-17 | 11.64 |
| 2024-07-16 | 12.11 |
| 2024-07-15 | 11.80 |
| 2024-07-12 | 11.56 |
| 2024-07-11 | 11.68 |
| 2024-07-10 | 10.95 |
| 2024-07-09 | 10.60 |
| 2024-07-08 | 10.72 |
| 2024-07-05 | 10.69 |
| 2024-07-03 | 10.77 |
| 2024-07-02 | 11.00 |
| 2024-07-01 | 11.13 |
| 2024-06-28 | 11.74 |
| 2024-06-27 | 11.62 |
| 2024-06-26 | 11.13 |
| 2024-06-25 | 11.32 |
| 2024-06-24 | 11.59 |
| 2024-06-21 | 11.45 |
| 2024-06-20 | 10.82 |
| 2024-06-18 | 10.43 |
| 2024-06-17 | 10.36 |
| 2024-06-14 | 10.48 |
| 2024-06-13 | 11.19 |
| 2024-06-12 | 10.89 |
| 2024-06-11 | 10.92 |
| 2024-06-10 | 10.63 |
| 2024-06-07 | 10.51 |
| 2024-06-06 | 10.78 |
| 2024-06-05 | 11.05 |
| 2024-06-04 | 10.45 |
| 2024-06-03 | 10.31 |
| 2024-05-31 | 9.39 |
| 2024-05-30 | 9.34 |
| 2024-05-29 | 9.12 |
| 2024-05-28 | 9.56 |
| 2024-05-24 | 9.72 |
| 2024-05-23 | 9.74 |
| 2024-05-22 | 10.15 |
| 2024-05-21 | 10.11 |
| 2024-05-20 | 10.18 |
| 2024-05-17 | 10.37 |
| 2024-05-16 | 10.24 |
| 2024-05-15 | 10.55 |
| 2024-05-14 | 9.99 |
| 2024-05-13 | 9.76 |
| 2024-05-10 | 9.26 |
| 2024-05-09 | 9.44 |
| 2024-05-08 | 9.56 |
| 2024-05-07 | 7.05 |
| 2024-05-06 | 7.17 |
| 2024-05-03 | 7.17 |
| 2024-05-02 | 7.03 |
| 2024-05-01 | 6.76 |
| 2024-04-30 | 6.46 |
| 2024-04-29 | 6.52 |
| 2024-04-26 | 6.45 |
| 2024-04-25 | 6.26 |
| 2024-04-24 | 6.51 |
| 2024-04-23 | 6.74 |
| 2024-04-22 | 6.69 |
| 2024-04-19 | 6.69 |
| 2024-04-18 | 6.94 |
| 2024-04-17 | 7.04 |
| 2024-04-16 | 7.25 |
| 2024-04-15 | 7.46 |
| 2024-04-12 | 7.64 |
| 2024-04-11 | 8.02 |
| 2024-04-10 | 7.70 |
| 2024-04-09 | 8.13 |
| 2024-04-08 | 7.96 |
| 2024-04-05 | 8.11 |
| 2024-04-04 | 7.94 |
| 2024-04-03 | 8.10 |
| 2024-04-02 | 8.11 |
| 2024-04-01 | 8.60 |
| 2024-03-28 | 8.58 |
| 2024-03-27 | 8.69 |
| 2024-03-26 | 8.31 |
| 2024-03-25 | 8.31 |
| 2024-03-22 | 8.21 |
| 2024-03-21 | 8.78 |
| 2024-03-20 | 8.90 |
| 2024-03-19 | 8.59 |
| 2024-03-18 | 8.40 |
| 2024-03-15 | 8.42 |
| 2024-03-14 | 8.26 |
| 2024-03-13 | 8.74 |
| 2024-03-12 | 8.69 |
| 2024-03-11 | 9.07 |
| 2024-03-08 | 8.75 |
| 2024-03-07 | 8.59 |
| 2024-03-06 | 8.58 |
| 2024-03-05 | 8.55 |
| 2024-03-04 | 8.64 |
| 2024-03-01 | 8.72 |
| 2024-02-29 | 8.27 |
| 2024-02-28 | 8.45 |
| 2024-02-27 | 9.43 |
| 2024-02-26 | 6.82 |
| 2024-02-23 | 6.84 |
| 2024-02-22 | 6.80 |
| 2024-02-21 | 6.68 |
| 2024-02-20 | 6.68 |
| 2024-02-16 | 6.87 |
| 2024-02-15 | 7.42 |
| 2024-02-14 | 7.23 |
| 2024-02-13 | 6.89 |
| 2024-02-12 | 7.49 |
| 2024-02-09 | 7.29 |
| 2024-02-08 | 6.95 |
| 2024-02-07 | 6.85 |
| 2024-02-06 | 6.72 |
| 2024-02-05 | 6.39 |
| 2024-02-02 | 6.48 |
| 2024-02-01 | 6.62 |
| 2024-01-31 | 6.47 |
| 2024-01-30 | 6.75 |
| 2024-01-29 | 7.08 |
| 2024-01-26 | 6.81 |
| 2024-01-25 | 6.95 |
| 2024-01-24 | 6.91 |
| 2024-01-23 | 6.91 |
| 2024-01-22 | 7.00 |
| 2024-01-19 | 6.90 |
| 2024-01-18 | 6.76 |
| 2024-01-17 | 6.91 |
| 2024-01-16 | 7.42 |
| 2024-01-12 | 7.49 |
| 2024-01-11 | 7.55 |
| 2024-01-10 | 7.59 |
| 2024-01-09 | 7.97 |
| 2024-01-08 | 8.22 |
| 2024-01-05 | 7.81 |
| 2024-01-04 | 8.19 |
| 2024-01-03 | 8.21 |
| 2024-01-02 | 8.64 |
| 2023-12-29 | 8.67 |
| 2023-12-28 | 8.86 |
| 2023-12-27 | 8.97 |
| 2023-12-26 | 9.03 |
Showing the most recent 260 of 1,631 data points. The chart above shows the full history.
These references are supplied through FMP. Full filing context identifiers and dimensional metadata are unavailable in the normalized feed.
