Basis: Current FMP quote-based enterprise value / four-quarter revenue. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 0.95x is 100% below its estimated 5-year average of 408.10x, near the low end of its estimated 5-year range (0.94x–1579.40x).
As of 2026-10-06T14:52:26.899Z. 91.60% below its estimated 12-month average of 11.31x.
Calculation as of: 2026-10-06T14:52:26.899Z.
Quote observation: 2026-10-06T14:47:58.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 87a3ef4e55b06d985fb23947e4d9ae6563d80488a3a61227015f8099389db825
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. 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.
EV/SALES RATIO
0.95x
EV/SALES RATIO AVG TTM
11.31x
EV/SALES RATIO AVG 3Y
168.83x
EV/SALES RATIO AVG 5Y
408.10x
EV/SALES RATIO AVG 10Y
N/A
EV/SALES RATIO AVG 15Y
N/A
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-91.60%
CURRENT VS 3Y AVG
-99.44%
CURRENT VS 5Y AVG
-99.77%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
4.17x
median of 412 covered companies
CURRENT VS SECTOR MEDIAN
-77.19%
vs the sector median at left
HCW Biologics Inc.
Market Cap
$559702.00
EV/Sales Ratio
0.95x
TTM Avg
11.31x
3Y Avg
168.83x
5Y Avg
408.10x
Market Cap
$820528.00
EV/Sales Ratio
N/A
TTM Avg
2170.65x
3Y Avg
2189.01x
5Y Avg
2189.01x
Market Cap
$835190.00
EV/Sales Ratio
N/A
TTM Avg
78.84x
3Y Avg
47.25x
5Y Avg
902.93x
Market Cap
$865985.00
EV/Sales Ratio
N/A
TTM Avg
48327.79x
3Y Avg
43699.06x
5Y Avg
43699.06x
Market Cap
$870069.00
EV/Sales Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.04M
EV/Sales Ratio
N/A
TTM Avg
26520.58x
3Y Avg
26520.58x
5Y Avg
26520.58x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HCW Biologics Inc. (HCWB) | $559702.00 | 0.95x | 11.31x | 168.83x | 408.10x |
| CDT Equity Inc. (CDT)vs › | $669300.00 | 0.67x | 1.27x | 1.27x | 1.27x |
| Niki BioSolutions, Inc. (NIKI)vs › | $379496.00 | N/A | N/A | N/A | N/A |
| Bluejay Diagnostics, Inc. (BJDX)vs › | $820528.00 | N/A | 2170.65x | 2189.01x | 2189.01x |
| Decoy Therapeutics Inc. (DCOY)vs › | $835190.00 | N/A | 78.84x | 47.25x | 902.93x |
| GlucoTrack, Inc. (GCTK)vs › | $865985.00 | N/A | 48327.79x | 43699.06x | 43699.06x |
| Bone Biologics Corporation (BBLG)vs › | $870069.00 | N/A | N/A | N/A | N/A |
| Aspire Biopharma Holdings, Inc. (ASBP)vs › | $1.04M | N/A | 26520.58x | 26520.58x | 26520.58x |
| Akanda Corp. (AKAN)vs › | $61580.00 | N/A | N/A | N/A | N/A |
| Clearmind Medicine Inc. (CMND)vs › | $1.08M | N/A | N/A | N/A | N/A |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-10-05 | 0.95x |
| 2026-10-02 | 0.95x |
| 2026-10-01 | 0.95x |
| 2026-09-30 | 0.95x |
| 2026-09-29 | 0.96x |
| 2026-09-28 | 0.96x |
| 2026-09-25 | 0.97x |
| 2026-09-24 | 0.97x |
| 2026-09-23 | 0.95x |
| 2026-09-22 | 0.96x |
| 2026-09-21 | 0.97x |
| 2026-09-18 | 0.96x |
| 2026-09-17 | 0.97x |
| 2026-09-16 | 0.97x |
| 2026-09-15 | 0.97x |
| 2026-09-14 | 0.98x |
| 2026-09-11 | 0.98x |
| 2026-09-10 | 0.99x |
| 2026-09-09 | 0.99x |
| 2026-09-08 | 1.00x |
| 2026-09-04 | 1.02x |
| 2026-09-03 | 1.02x |
| 2026-09-02 | 1.04x |
| 2026-09-01 | 1.05x |
| 2026-08-31 | 1.05x |
| 2026-08-28 | 1.04x |
| 2026-08-27 | 1.03x |
| 2026-08-26 | 1.01x |
| 2026-08-25 | 1.00x |
| 2026-08-24 | 0.99x |
| 2026-08-21 | 0.98x |
| 2026-08-20 | 0.98x |
| 2026-08-19 | 0.99x |
| 2026-08-18 | 0.98x |
| 2026-08-17 | 1.00x |
| 2026-08-14 | 0.95x |
| 2026-08-13 | 0.97x |
| 2026-08-12 | 0.98x |
| 2026-08-11 | 0.98x |
| 2026-08-10 | 0.98x |
| 2026-08-07 | 0.99x |
| 2026-08-06 | 0.99x |
| 2026-08-05 | 0.99x |
| 2026-08-04 | 1.00x |
| 2026-08-03 | 0.99x |
| 2026-07-31 | 0.98x |
| 2026-07-30 | 0.98x |
| 2026-07-29 | 0.95x |
| 2026-07-28 | 0.95x |
| 2026-07-27 | 0.95x |
| 2026-07-24 | 0.94x |
| 2026-07-23 | 0.96x |
| 2026-07-22 | 0.99x |
| 2026-07-21 | 0.99x |
| 2026-07-20 | 1.01x |
| 2026-07-17 | 1.02x |
| 2026-07-16 | 1.03x |
| 2026-07-15 | 1.04x |
| 2026-07-14 | 1.05x |
| 2026-07-13 | 1.05x |
| 2026-07-10 | 1.05x |
| 2026-07-09 | 1.06x |
| 2026-07-08 | 1.05x |
| 2026-07-07 | 1.05x |
| 2026-07-06 | 1.06x |
| 2026-07-02 | 1.04x |
| 2026-07-01 | 1.05x |
| 2026-06-30 | 1.08x |
| 2026-06-29 | 1.09x |
| 2026-06-26 | 1.14x |
| 2026-06-25 | 1.17x |
| 2026-06-24 | 1.16x |
| 2026-06-23 | 1.15x |
| 2026-06-22 | 1.18x |
| 2026-06-18 | 1.16x |
| 2026-06-17 | 1.16x |
| 2026-06-16 | 1.17x |
| 2026-06-15 | 1.20x |
| 2026-06-12 | 1.22x |
| 2026-06-11 | 1.23x |
| 2026-06-10 | 1.20x |
| 2026-06-09 | 1.19x |
| 2026-06-08 | 1.27x |
| 2026-06-05 | 1.33x |
| 2026-06-04 | 1.33x |
| 2026-06-03 | 1.35x |
| 2026-06-02 | 1.38x |
| 2026-06-01 | 1.47x |
| 2026-05-29 | 1.44x |
| 2026-05-28 | 1.48x |
| 2026-05-27 | 1.43x |
| 2026-05-26 | 1.65x |
| 2026-05-22 | 1.73x |
| 2026-05-21 | 1.63x |
| 2026-05-20 | 1.58x |
| 2026-05-19 | 1.15x |
| 2026-05-18 | 1.24x |
| 2026-05-15 | 1.20x |
| 2026-05-14 | 102.58x |
| 2026-05-13 | 103.10x |
| 2026-05-12 | 102.71x |
| 2026-05-11 | 101.48x |
| 2026-05-08 | 102.26x |
| 2026-05-07 | 101.93x |
| 2026-05-06 | 103.10x |
| 2026-05-05 | 105.42x |
| 2026-05-04 | 105.42x |
| 2026-05-01 | 107.03x |
| 2026-04-30 | 107.80x |
| 2026-04-29 | 105.29x |
| 2026-04-28 | 105.03x |
| 2026-04-27 | 106.51x |
| 2026-04-24 | 104.06x |
| 2026-04-23 | 105.42x |
| 2026-04-22 | 104.96x |
| 2026-04-21 | 104.32x |
| 2026-04-20 | 105.48x |
| 2026-04-17 | 106.45x |
| 2026-04-16 | 105.74x |
| 2026-04-15 | 105.29x |
| 2026-04-14 | 102.97x |
| 2026-04-13 | 103.16x |
| 2026-04-10 | 103.68x |
| 2026-04-09 | 102.58x |
| 2026-04-08 | 102.26x |
| 2026-04-07 | 100.13x |
| 2026-04-06 | 100.65x |
| 2026-04-02 | 99.94x |
| 2026-04-01 | 101.16x |
| 2026-03-31 | 17.10x |
| 2026-03-30 | 17.11x |
| 2026-03-27 | 17.31x |
| 2026-03-26 | 17.17x |
| 2026-03-25 | 17.26x |
| 2026-03-24 | 17.45x |
| 2026-03-23 | 17.95x |
| 2026-03-20 | 19.13x |
| 2026-03-19 | 19.20x |
| 2026-03-18 | 20.13x |
| 2026-03-17 | 19.87x |
| 2026-03-16 | 20.18x |
| 2026-03-13 | 17.94x |
| 2026-03-12 | 18.16x |
| 2026-03-11 | 17.98x |
| 2026-03-10 | 18.18x |
| 2026-03-09 | 18.35x |
| 2026-03-06 | 18.49x |
| 2026-03-05 | 18.55x |
| 2026-03-04 | 18.69x |
| 2026-03-03 | 18.71x |
| 2026-03-02 | 18.12x |
| 2026-02-27 | 18.06x |
| 2026-02-26 | 18.12x |
| 2026-02-25 | 17.99x |
| 2026-02-24 | 18.22x |
| 2026-02-23 | 18.32x |
| 2026-02-20 | 18.27x |
| 2026-02-19 | 18.40x |
| 2026-02-18 | 18.34x |
| 2026-02-17 | 18.39x |
| 2026-02-13 | 18.65x |
| 2026-02-12 | 19.59x |
| 2026-02-11 | 20.47x |
| 2026-02-10 | 20.58x |
| 2026-02-09 | 20.80x |
| 2026-02-06 | 20.74x |
| 2026-02-05 | 20.47x |
| 2026-02-04 | 20.80x |
| 2026-02-03 | 21.12x |
| 2026-02-02 | 21.38x |
| 2026-01-30 | 21.12x |
| 2026-01-29 | 21.28x |
| 2026-01-28 | 21.71x |
| 2026-01-27 | 21.97x |
| 2026-01-26 | 21.81x |
| 2026-01-23 | 22.40x |
| 2026-01-22 | 22.62x |
| 2026-01-21 | 22.29x |
| 2026-01-20 | 22.40x |
| 2026-01-16 | 22.56x |
| 2026-01-15 | 21.28x |
| 2026-01-14 | 21.33x |
| 2026-01-13 | 21.60x |
| 2026-01-12 | 21.71x |
| 2026-01-09 | 21.71x |
| 2026-01-08 | 21.71x |
| 2026-01-07 | 21.87x |
| 2026-01-06 | 21.60x |
| 2026-01-05 | 21.12x |
| 2026-01-02 | 21.17x |
| 2025-12-31 | 20.37x |
| 2025-12-30 | 21.22x |
| 2025-12-29 | 21.87x |
| 2025-12-26 | 22.78x |
| 2025-12-24 | 23.15x |
| 2025-12-23 | 23.53x |
| 2025-12-22 | 23.53x |
| 2025-12-19 | 23.58x |
| 2025-12-18 | 23.90x |
| 2025-12-17 | 24.49x |
| 2025-12-16 | 24.70x |
| 2025-12-15 | 25.19x |
| 2025-12-12 | 24.87x |
| 2025-12-11 | 25.72x |
| 2025-12-10 | 25.88x |
| 2025-12-09 | 25.45x |
| 2025-12-08 | 25.72x |
| 2025-12-05 | 25.78x |
| 2025-12-04 | 26.10x |
| 2025-12-03 | 26.20x |
| 2025-12-02 | 25.83x |
| 2025-12-01 | 25.72x |
| 2025-11-28 | 26.53x |
| 2025-11-26 | 25.62x |
| 2025-11-25 | 25.45x |
| 2025-11-24 | 26.79x |
| 2025-11-21 | 26.79x |
| 2025-11-20 | 25.45x |
| 2025-11-19 | 25.88x |
| 2025-11-18 | 28.08x |
| 2025-11-17 | 31.56x |
| 2025-11-14 | 11.63x |
| 2025-11-13 | 10.54x |
| 2025-11-12 | 10.78x |
| 2025-11-11 | 11.27x |
| 2025-11-10 | 11.76x |
| 2025-11-07 | 11.68x |
| 2025-11-06 | 12.32x |
| 2025-11-05 | 12.30x |
| 2025-11-04 | 12.49x |
| 2025-11-03 | 12.92x |
| 2025-10-31 | 13.49x |
| 2025-10-30 | 13.58x |
| 2025-10-29 | 13.45x |
| 2025-10-28 | 13.54x |
| 2025-10-27 | 13.45x |
| 2025-10-24 | 13.60x |
| 2025-10-23 | 13.56x |
| 2025-10-22 | 13.60x |
| 2025-10-21 | 13.67x |
| 2025-10-20 | 13.69x |
| 2025-10-17 | 13.75x |
| 2025-10-16 | 13.81x |
| 2025-10-15 | 14.50x |
| 2025-10-14 | 14.84x |
| 2025-10-13 | 14.24x |
| 2025-10-10 | 13.90x |
| 2025-10-09 | 14.93x |
| 2025-10-08 | 15.65x |
| 2025-10-07 | 13.84x |
| 2025-10-06 | 13.84x |
| 2025-10-03 | 13.86x |
| 2025-10-02 | 13.19x |
| 2025-10-01 | 13.39x |
| 2025-09-30 | 13.13x |
| 2025-09-29 | 13.43x |
| 2025-09-26 | 13.96x |
| 2025-09-25 | 13.94x |
| 2025-09-24 | 14.07x |
| 2025-09-23 | 13.88x |
Showing the most recent 260 of 1,275 data points. The chart above shows the full history.
