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 17.81 is 97% below its estimated 3-year average of 591.67, near the low end of its estimated 3-year range (2.51–7168.30).
As of 2026-10-06T21:57:08.391Z. 253.83% above its estimated 12-month average of 5.03.
Calculation as of: 2026-10-06T21:57:08.391Z.
Quote observation: 2026-10-06T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f23401f377ae0c42cb4058dfce1620411e9c781823cb8ffdb9eedba1333334c1
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
17.81
PS RATIO AVG TTM
5.03
PS RATIO AVG 3Y
373.82
PS RATIO AVG 5Y
N/A
PS RATIO AVG 10Y
N/A
PS RATIO AVG 15Y
N/A
PS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+253.83%
CURRENT VS 3Y AVG
-95.24%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
4.27
median of 579 covered companies
CURRENT VS SECTOR MEDIAN
+317.10%
vs the sector median at left
Iovance Biotherapeutics, Inc.
Market Cap
$5.79B
PS Ratio
17.81
TTM Avg
5.03
3Y Avg
373.82
5Y Avg
N/A
Market Cap
$5.87B
PS Ratio
6.99
TTM Avg
6.09
3Y Avg
5.11
5Y Avg
9.97
Market Cap
$5.95B
PS Ratio
20.48
TTM Avg
18.30
3Y Avg
14.36
5Y Avg
10.80
Market Cap
$5.52B
PS Ratio
1.71
TTM Avg
1.84
3Y Avg
1.84
5Y Avg
1.84
Market Cap
$6.23B
PS Ratio
25.95
TTM Avg
34.19
3Y Avg
32.94
5Y Avg
96.71
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Iovance Biotherapeutics, Inc. (IOVA) | $5.79B | 17.81 | 5.03 | 373.82 | N/A |
| Kodiak Sciences Inc. (KOD)vs › | $5.78B | N/A | N/A | N/A | N/A |
| Kiniksa Pharmaceuticals International, plc (KNSA)vs › | $5.87B | 6.99 | 6.09 | 5.11 | 9.97 |
| GRAIL Inc. (GRAL)vs › | $5.89B | 35.65 | 19.95 | 12.77 | 12.77 |
| Ligand Pharmaceuticals Incorporated (LGND)vs › | $5.95B | 20.48 | 18.30 | 14.36 | 10.80 |
| CG Oncology Inc. (CGON)vs › | $5.61B | 901.29 | 1844.16 | 3811.91 | 3811.91 |
| RadNet, Inc. (RDNT)vs › | $5.53B | 2.44 | 2.51 | 2.38 | 1.82 |
| MiniMed Group, Inc. Common Stock (MMED)vs › | $5.52B | 1.71 | 1.84 | 1.84 | 1.84 |
| Rhythm Pharmaceuticals, Inc. (RYTM)vs › | $6.23B | 25.95 | 34.19 | 32.94 | 96.71 |
| PTC Therapeutics, Inc. (PTCT)vs › | $5.32B | 5.27 | 4.89 | 3.61 | 4.09 |
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 | $67,455,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-11-06 |
| Q4 FY2025Period ended 2025-12-31 | $86,771,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-02-24 |
| Q1 FY2026Period ended 2026-03-31 | $71,430,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-05-07 |
| Q2 FY2026Period ended 2026-06-30 | $99,313,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-08-06 |
| TTM revenue | $324,969,000 |
Current P/S: $5,786,665,920 market capitalization ÷ $324,969,000 TTM revenue = 17.81x.
Market capitalization source: FMP quote. Quote observed 2026-10-06T20:00:01.000Z. Latest revenue period ended 2026-06-30.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
At 17.81, P/S is near its estimated 3-year median — higher than 51% of readings in its estimated 3-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 3-year low
2.51
median
15.23
estimated 3-year high
7168.30
P/S Ratio
17.81
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 | 19.60 |
| 2026-10-02 | 19.70 |
| 2026-10-01 | 19.71 |
| 2026-09-30 | 20.53 |
| 2026-09-29 | 20.02 |
| 2026-09-28 | 15.22 |
| 2026-09-25 | 15.24 |
| 2026-09-24 | 14.96 |
| 2026-09-23 | 14.12 |
| 2026-09-22 | 14.74 |
| 2026-09-21 | 14.12 |
| 2026-09-18 | 14.20 |
| 2026-09-17 | 13.88 |
| 2026-09-16 | 13.67 |
| 2026-09-15 | 12.97 |
| 2026-09-14 | 12.83 |
| 2026-09-11 | 11.91 |
| 2026-09-10 | 11.28 |
| 2026-09-09 | 11.68 |
| 2026-09-08 | 12.05 |
| 2026-09-04 | 12.18 |
| 2026-09-03 | 12.05 |
| 2026-09-02 | 11.94 |
| 2026-09-01 | 11.47 |
| 2026-08-31 | 11.32 |
| 2026-08-28 | 11.10 |
| 2026-08-27 | 11.44 |
| 2026-08-26 | 11.19 |
| 2026-08-25 | 11.69 |
| 2026-08-24 | 11.17 |
| 2026-08-21 | 11.48 |
| 2026-08-20 | 12.45 |
| 2026-08-19 | 11.07 |
| 2026-08-18 | 9.74 |
| 2026-08-17 | 9.84 |
| 2026-08-14 | 9.67 |
| 2026-08-13 | 9.03 |
| 2026-08-12 | 9.34 |
| 2026-08-11 | 8.99 |
| 2026-08-10 | 8.87 |
| 2026-08-07 | 8.78 |
| 2026-08-06 | 9.10 |
| 2026-08-05 | 6.36 |
| 2026-08-04 | 6.39 |
| 2026-08-03 | 6.33 |
| 2026-07-31 | 5.96 |
| 2026-07-30 | 6.87 |
| 2026-07-29 | 6.68 |
| 2026-07-28 | 6.89 |
| 2026-07-27 | 7.18 |
| 2026-07-24 | 7.31 |
| 2026-07-23 | 7.52 |
| 2026-07-22 | 7.58 |
| 2026-07-21 | 8.03 |
| 2026-07-20 | 7.36 |
| 2026-07-17 | 7.33 |
| 2026-07-16 | 6.83 |
| 2026-07-15 | 6.95 |
| 2026-07-14 | 5.76 |
| 2026-07-13 | 5.92 |
| 2026-07-10 | 6.20 |
| 2026-07-09 | 6.40 |
| 2026-07-08 | 6.27 |
| 2026-07-07 | 6.37 |
| 2026-07-06 | 6.14 |
| 2026-07-02 | 6.32 |
| 2026-07-01 | 5.82 |
| 2026-06-30 | 6.10 |
| 2026-06-29 | 6.17 |
| 2026-06-26 | 6.23 |
| 2026-06-25 | 6.17 |
| 2026-06-24 | 6.23 |
| 2026-06-23 | 6.51 |
| 2026-06-22 | 5.95 |
| 2026-06-18 | 5.73 |
| 2026-06-17 | 5.76 |
| 2026-06-16 | 5.60 |
| 2026-06-15 | 5.91 |
| 2026-06-12 | 5.98 |
| 2026-06-11 | 5.80 |
| 2026-06-10 | 5.54 |
| 2026-06-09 | 5.69 |
| 2026-06-08 | 5.86 |
| 2026-06-05 | 6.20 |
| 2026-06-04 | 6.42 |
| 2026-06-03 | 5.55 |
| 2026-06-02 | 6.01 |
| 2026-06-01 | 5.80 |
| 2026-05-29 | 6.01 |
| 2026-05-28 | 6.30 |
| 2026-05-27 | 6.40 |
| 2026-05-26 | 6.01 |
| 2026-05-22 | 6.02 |
| 2026-05-21 | 5.42 |
| 2026-05-20 | 5.19 |
| 2026-05-19 | 5.07 |
| 2026-05-18 | 4.97 |
| 2026-05-15 | 5.06 |
| 2026-05-14 | 5.16 |
| 2026-05-13 | 5.36 |
| 2026-05-12 | 5.22 |
| 2026-05-11 | 5.42 |
| 2026-05-08 | 5.30 |
| 2026-05-07 | 5.48 |
| 2026-05-06 | 6.32 |
| 2026-05-05 | 6.15 |
| 2026-05-04 | 5.95 |
| 2026-05-01 | 5.25 |
| 2026-04-30 | 5.19 |
| 2026-04-29 | 5.11 |
| 2026-04-28 | 5.22 |
| 2026-04-27 | 5.30 |
| 2026-04-24 | 5.31 |
| 2026-04-23 | 5.37 |
| 2026-04-22 | 5.45 |
| 2026-04-21 | 5.71 |
| 2026-04-20 | 5.84 |
| 2026-04-17 | 5.96 |
| 2026-04-16 | 5.87 |
| 2026-04-15 | 5.90 |
| 2026-04-14 | 5.62 |
| 2026-04-13 | 5.34 |
| 2026-04-10 | 5.71 |
| 2026-04-09 | 6.19 |
| 2026-04-08 | 5.36 |
| 2026-04-07 | 5.13 |
| 2026-04-06 | 5.10 |
| 2026-04-02 | 5.30 |
| 2026-04-01 | 5.33 |
| 2026-03-31 | 5.42 |
| 2026-03-30 | 5.13 |
| 2026-03-27 | 5.42 |
| 2026-03-26 | 5.70 |
| 2026-03-25 | 5.79 |
| 2026-03-24 | 5.59 |
| 2026-03-23 | 5.61 |
| 2026-03-20 | 5.70 |
| 2026-03-19 | 5.98 |
| 2026-03-18 | 5.82 |
| 2026-03-17 | 6.01 |
| 2026-03-16 | 6.24 |
| 2026-03-13 | 6.12 |
| 2026-03-12 | 6.29 |
| 2026-03-11 | 7.48 |
| 2026-03-10 | 8.03 |
| 2026-03-09 | 8.36 |
| 2026-03-06 | 7.92 |
| 2026-03-05 | 7.07 |
| 2026-03-04 | 6.58 |
| 2026-03-03 | 5.79 |
| 2026-03-02 | 5.85 |
| 2026-02-27 | 5.96 |
| 2026-02-26 | 5.85 |
| 2026-02-25 | 5.92 |
| 2026-02-24 | 5.49 |
| 2026-02-23 | 4.20 |
| 2026-02-20 | 4.17 |
| 2026-02-19 | 4.14 |
| 2026-02-18 | 3.95 |
| 2026-02-17 | 3.81 |
| 2026-02-13 | 3.74 |
| 2026-02-12 | 3.66 |
| 2026-02-11 | 3.78 |
| 2026-02-10 | 3.78 |
| 2026-02-09 | 3.78 |
| 2026-02-06 | 3.68 |
| 2026-02-05 | 3.43 |
| 2026-02-04 | 3.55 |
| 2026-02-03 | 3.84 |
| 2026-02-02 | 3.79 |
| 2026-01-30 | 3.71 |
| 2026-01-29 | 3.82 |
| 2026-01-28 | 4.00 |
| 2026-01-27 | 4.33 |
| 2026-01-26 | 4.20 |
| 2026-01-23 | 3.84 |
| 2026-01-22 | 3.91 |
| 2026-01-21 | 3.65 |
| 2026-01-20 | 3.55 |
| 2026-01-16 | 3.43 |
| 2026-01-15 | 3.23 |
| 2026-01-14 | 3.46 |
| 2026-01-13 | 3.42 |
| 2026-01-12 | 3.49 |
| 2026-01-09 | 3.56 |
| 2026-01-08 | 3.79 |
| 2026-01-07 | 4.03 |
| 2026-01-06 | 3.71 |
| 2026-01-05 | 3.56 |
| 2026-01-02 | 3.66 |
| 2025-12-31 | 3.97 |
| 2025-12-30 | 4.03 |
| 2025-12-29 | 4.06 |
| 2025-12-26 | 4.14 |
| 2025-12-24 | 4.17 |
| 2025-12-23 | 4.10 |
| 2025-12-22 | 4.04 |
| 2025-12-19 | 3.61 |
| 2025-12-18 | 3.58 |
| 2025-12-17 | 3.66 |
| 2025-12-16 | 3.27 |
| 2025-12-15 | 3.14 |
| 2025-12-12 | 3.20 |
| 2025-12-11 | 3.27 |
| 2025-12-10 | 3.29 |
| 2025-12-09 | 3.27 |
| 2025-12-08 | 3.36 |
| 2025-12-05 | 3.20 |
| 2025-12-04 | 3.20 |
| 2025-12-03 | 3.21 |
| 2025-12-02 | 3.10 |
| 2025-12-01 | 3.24 |
| 2025-11-28 | 3.59 |
| 2025-11-26 | 3.55 |
| 2025-11-25 | 3.61 |
| 2025-11-24 | 3.63 |
| 2025-11-21 | 3.26 |
| 2025-11-20 | 3.17 |
| 2025-11-19 | 3.29 |
| 2025-11-18 | 3.55 |
| 2025-11-17 | 3.52 |
| 2025-11-14 | 3.59 |
| 2025-11-13 | 3.50 |
| 2025-11-12 | 3.69 |
| 2025-11-11 | 3.85 |
| 2025-11-10 | 3.45 |
| 2025-11-07 | 3.34 |
| 2025-11-06 | 3.20 |
| 2025-11-05 | 2.51 |
| 2025-11-04 | 2.52 |
| 2025-11-03 | 2.70 |
| 2025-10-31 | 2.73 |
| 2025-10-30 | 2.70 |
| 2025-10-29 | 2.77 |
| 2025-10-28 | 3.03 |
| 2025-10-27 | 3.20 |
| 2025-10-24 | 3.12 |
| 2025-10-23 | 3.03 |
| 2025-10-22 | 2.98 |
| 2025-10-21 | 3.14 |
| 2025-10-20 | 3.21 |
| 2025-10-17 | 3.02 |
| 2025-10-16 | 3.10 |
| 2025-10-15 | 3.10 |
| 2025-10-14 | 2.94 |
| 2025-10-13 | 2.96 |
| 2025-10-10 | 2.91 |
| 2025-10-09 | 3.03 |
| 2025-10-08 | 3.14 |
| 2025-10-07 | 3.02 |
| 2025-10-06 | 3.06 |
| 2025-10-03 | 3.24 |
| 2025-10-02 | 3.12 |
| 2025-10-01 | 3.06 |
| 2025-09-30 | 3.01 |
| 2025-09-29 | 3.09 |
| 2025-09-26 | 2.92 |
| 2025-09-25 | 2.80 |
| 2025-09-24 | 2.94 |
| 2025-09-23 | 2.87 |
Showing the most recent 260 of 792 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.