Basis: Latest stored market observation. 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 22.71 is 72% above its 5-year average of 13.18, near the high end of its 5-year range (7.81–25.16).
As of Saturday, July 25, 2026. 55.71% above its 12-month average of 14.58.
PS RATIO
22.71
PS RATIO AVG TTM
14.58
PS RATIO AVG 3Y
14.61
PS RATIO AVG 5Y
13.01
PS RATIO AVG 10Y
10.45
PS RATIO AVG 15Y
11.14
PS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+55.71%
CURRENT VS 3Y AVG
+55.48%
CURRENT VS 5Y AVG
+74.55%
CURRENT VS 10Y AVG
+117.28%
CURRENT VS 15Y AVG
+103.95%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.25
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+263.36%
vs the sector median at left
Palo Alto Networks, Inc.
Market Cap
$220.67B
PS Ratio
22.71
TTM Avg
14.58
3Y Avg
14.61
5Y Avg
13.01
Market Cap
$201.80B
PS Ratio
2.95
TTM Avg
3.86
3Y Avg
3.29
5Y Avg
2.77
Market Cap
$190.97B
PS Ratio
17.71
TTM Avg
9.67
3Y Avg
5.08
5Y Avg
3.68
Market Cap
$254.44B
PS Ratio
13.22
TTM Avg
11.25
3Y Avg
10.39
5Y Avg
9.73
Market Cap
$186.63B
PS Ratio
37.11
TTM Avg
27.93
3Y Avg
24.70
5Y Avg
25.93
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $220.67B | 22.71 | 14.58 | 14.61 | 13.01 |
| Arista Networks, Inc. (ANET)vs › | $219.08B | 22.82 | 21.09 | 17.72 | 15.25 |
| Sandisk Corporation (SNDK)vs › | $212.74B | 17.11 | 9.59 | 6.94 | 6.94 |
| International Business Machines Corporation (IBM)vs › | $201.80B | 2.95 | 3.86 | 3.29 | 2.77 |
| Seagate Technology Holdings plc (STX)vs › | $190.97B | 17.71 | 9.67 | 5.08 | 3.68 |
| Amphenol Corporation (APH)vs › | $187.82B | 7.60 | 7.94 | 6.44 | 5.54 |
| Texas Instruments Incorporated (TXN)vs › | $254.44B | 13.22 | 11.25 | 10.39 | 9.73 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $186.63B | 37.11 | 27.93 | 24.70 | 25.93 |
| SAP SE (SAP)vs › | $186.44B | 4.28 | 6.28 | 6.79 | 5.80 |
| Analog Devices, Inc. (ADI)vs › | $181.13B | 14.32 | 13.46 | 11.00 | 10.09 |
At 22.71, P/S is richer than usual, sitting higher than 100% of its 14-year history.
14-year low
4.18
median
10.41
14-year high
25.16
P/S Ratio
22.71
Market Cap / Annual 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 |
|---|---|
| 2026-07-24 | 22.71 |
| 2026-07-23 | 22.84 |
| 2026-07-22 | 23.52 |
| 2026-07-21 | 24.00 |
| 2026-07-20 | 24.46 |
| 2026-07-17 | 25.16 |
| 2026-07-16 | 24.83 |
| 2026-07-15 | 24.83 |
| 2026-07-14 | 24.75 |
| 2026-07-13 | 23.17 |
| 2026-07-10 | 22.86 |
| 2026-07-09 | 23.73 |
| 2026-07-08 | 22.49 |
| 2026-07-07 | 23.64 |
| 2026-07-06 | 25.08 |
| 2026-07-02 | 24.42 |
| 2026-07-01 | 24.69 |
| 2026-06-30 | 23.92 |
| 2026-06-29 | 23.29 |
| 2026-06-26 | 21.34 |
| 2026-06-25 | 20.56 |
| 2026-06-24 | 20.01 |
| 2026-06-23 | 20.41 |
| 2026-06-22 | 20.09 |
| 2026-06-18 | 20.19 |
| 2026-06-17 | 19.79 |
| 2026-06-16 | 19.63 |
| 2026-06-15 | 19.96 |
| 2026-06-12 | 19.61 |
| 2026-06-11 | 19.61 |
| 2026-06-10 | 18.46 |
| 2026-06-09 | 18.27 |
| 2026-06-08 | 18.68 |
| 2026-06-05 | 19.08 |
| 2026-06-04 | 19.59 |
| 2026-06-03 | 19.67 |
| 2026-06-02 | 20.85 |
| 2026-06-01 | 21.66 |
| 2026-05-29 | 20.30 |
| 2026-05-28 | 18.58 |
| 2026-05-27 | 17.91 |
| 2026-05-26 | 18.50 |
| 2026-05-22 | 18.78 |
| 2026-05-21 | 18.23 |
| 2026-05-20 | 17.78 |
| 2026-05-19 | 17.31 |
| 2026-05-18 | 17.84 |
| 2026-05-15 | 17.50 |
| 2026-05-14 | 17.17 |
| 2026-05-13 | 16.42 |
| 2026-05-12 | 15.54 |
| 2026-05-11 | 15.40 |
| 2026-05-08 | 14.98 |
| 2026-05-07 | 14.16 |
| 2026-05-06 | 13.24 |
| 2026-05-05 | 13.26 |
| 2026-05-04 | 13.30 |
| 2026-05-01 | 13.05 |
| 2026-04-30 | 12.92 |
| 2026-04-29 | 13.08 |
| 2026-04-28 | 13.04 |
| 2026-04-27 | 13.18 |
| 2026-04-24 | 12.87 |
| 2026-04-23 | 12.48 |
| 2026-04-22 | 13.06 |
| 2026-04-21 | 12.61 |
| 2026-04-20 | 12.22 |
| 2026-04-17 | 12.10 |
| 2026-04-16 | 12.03 |
| 2026-04-15 | 11.83 |
| 2026-04-14 | 11.65 |
| 2026-04-13 | 11.71 |
| 2026-04-10 | 11.22 |
| 2026-04-09 | 12.03 |
| 2026-04-08 | 12.52 |
| 2026-04-07 | 12.24 |
| 2026-04-06 | 11.67 |
| 2026-04-02 | 11.76 |
| 2026-04-01 | 11.58 |
| 2026-03-31 | 11.55 |
| 2026-03-30 | 11.12 |
| 2026-03-27 | 10.60 |
| 2026-03-26 | 11.27 |
| 2026-03-25 | 11.04 |
| 2026-03-24 | 11.33 |
| 2026-03-23 | 11.82 |
| 2026-03-20 | 11.74 |
| 2026-03-19 | 12.23 |
| 2026-03-18 | 12.17 |
| 2026-03-17 | 12.19 |
| 2026-03-16 | 12.07 |
| 2026-03-13 | 12.04 |
| 2026-03-12 | 12.12 |
| 2026-03-11 | 11.89 |
| 2026-03-10 | 11.93 |
| 2026-03-09 | 11.90 |
| 2026-03-06 | 11.89 |
| 2026-03-05 | 11.76 |
| 2026-03-04 | 11.43 |
| 2026-03-03 | 11.25 |
| 2026-03-02 | 10.82 |
| 2026-02-27 | 10.73 |
| 2026-02-26 | 10.77 |
| 2026-02-25 | 10.44 |
| 2026-02-24 | 10.21 |
| 2026-02-23 | 10.39 |
| 2026-02-20 | 10.72 |
| 2026-02-19 | 10.88 |
| 2026-02-18 | 10.98 |
| 2026-02-17 | 11.78 |
| 2026-02-13 | 12.39 |
| 2026-02-12 | 12.08 |
| 2026-02-11 | 12.26 |
| 2026-02-10 | 12.28 |
| 2026-02-09 | 12.32 |
| 2026-02-06 | 11.82 |
| 2026-02-05 | 11.48 |
| 2026-02-04 | 12.37 |
| 2026-02-03 | 12.33 |
| 2026-02-02 | 13.01 |
| 2026-01-30 | 13.13 |
| 2026-01-29 | 13.07 |
| 2026-01-28 | 13.63 |
| 2026-01-27 | 13.61 |
| 2026-01-26 | 13.67 |
| 2026-01-23 | 13.37 |
| 2026-01-22 | 13.52 |
| 2026-01-21 | 13.46 |
| 2026-01-20 | 13.66 |
| 2026-01-16 | 13.92 |
| 2026-01-15 | 13.93 |
| 2026-01-14 | 14.16 |
| 2026-01-13 | 14.16 |
| 2026-01-12 | 14.01 |
| 2026-01-09 | 14.02 |
| 2026-01-08 | 14.16 |
| 2026-01-07 | 14.39 |
| 2026-01-06 | 13.79 |
| 2026-01-05 | 13.51 |
| 2026-01-02 | 13.31 |
| 2025-12-31 | 13.67 |
| 2025-12-30 | 13.86 |
| 2025-12-29 | 13.86 |
| 2025-12-26 | 13.98 |
| 2025-12-24 | 13.89 |
| 2025-12-23 | 13.96 |
| 2025-12-22 | 14.06 |
| 2025-12-19 | 13.86 |
| 2025-12-18 | 13.79 |
| 2025-12-17 | 13.61 |
| 2025-12-16 | 13.88 |
| 2025-12-15 | 13.79 |
| 2025-12-12 | 14.22 |
| 2025-12-11 | 14.12 |
| 2025-12-10 | 14.32 |
| 2025-12-09 | 14.47 |
| 2025-12-08 | 14.49 |
| 2025-12-05 | 14.75 |
| 2025-12-04 | 14.52 |
| 2025-12-03 | 14.37 |
| 2025-12-02 | 14.09 |
| 2025-12-01 | 13.93 |
| 2025-11-28 | 14.11 |
| 2025-11-26 | 13.75 |
| 2025-11-25 | 13.82 |
| 2025-11-24 | 13.64 |
| 2025-11-21 | 13.57 |
| 2025-11-20 | 13.73 |
| 2025-11-19 | 14.83 |
| 2025-11-18 | 15.45 |
| 2025-11-17 | 15.60 |
| 2025-11-14 | 15.78 |
| 2025-11-13 | 15.74 |
| 2025-11-12 | 16.15 |
| 2025-11-11 | 16.78 |
| 2025-11-10 | 16.65 |
| 2025-11-07 | 16.32 |
| 2025-11-06 | 16.25 |
| 2025-11-05 | 16.39 |
| 2025-11-04 | 16.49 |
| 2025-11-03 | 16.86 |
| 2025-10-31 | 16.93 |
| 2025-10-30 | 16.78 |
| 2025-10-29 | 16.70 |
| 2025-10-28 | 17.02 |
| 2025-10-27 | 16.94 |
| 2025-10-24 | 16.69 |
| 2025-10-23 | 16.53 |
| 2025-10-22 | 16.33 |
| 2025-10-21 | 16.48 |
| 2025-10-20 | 16.29 |
| 2025-10-17 | 15.98 |
| 2025-10-16 | 15.80 |
| 2025-10-15 | 15.89 |
| 2025-10-14 | 15.96 |
| 2025-10-13 | 16.40 |
| 2025-10-10 | 16.03 |
| 2025-10-09 | 16.54 |
| 2025-10-08 | 16.74 |
| 2025-10-07 | 16.23 |
| 2025-10-06 | 16.34 |
| 2025-10-03 | 15.93 |
| 2025-10-02 | 16.09 |
| 2025-10-01 | 15.90 |
| 2025-09-30 | 15.66 |
| 2025-09-29 | 15.68 |
| 2025-09-26 | 15.56 |
| 2025-09-25 | 15.55 |
| 2025-09-24 | 15.43 |
| 2025-09-23 | 15.63 |
| 2025-09-22 | 16.01 |
| 2025-09-19 | 16.01 |
| 2025-09-18 | 15.81 |
| 2025-09-17 | 15.62 |
| 2025-09-16 | 15.48 |
| 2025-09-15 | 15.48 |
| 2025-09-12 | 15.09 |
| 2025-09-11 | 15.25 |
| 2025-09-10 | 15.17 |
| 2025-09-09 | 15.19 |
| 2025-09-08 | 15.18 |
| 2025-09-05 | 14.95 |
| 2025-09-04 | 14.79 |
| 2025-09-03 | 14.73 |
| 2025-09-02 | 14.65 |
| 2025-08-29 | 14.65 |
| 2025-08-28 | 15.23 |
| 2025-08-27 | 14.95 |
| 2025-08-26 | 14.68 |
| 2025-08-25 | 14.71 |
| 2025-08-22 | 14.82 |
| 2025-08-21 | 14.61 |
| 2025-08-20 | 14.70 |
| 2025-08-19 | 14.47 |
| 2025-08-18 | 14.04 |
| 2025-08-15 | 14.12 |
| 2025-08-14 | 13.83 |
| 2025-08-13 | 14.10 |
| 2025-08-12 | 13.98 |
| 2025-08-11 | 13.40 |
| 2025-08-08 | 13.32 |
| 2025-08-07 | 13.40 |
| 2025-08-06 | 13.78 |
| 2025-08-05 | 13.48 |
| 2025-08-04 | 13.63 |
| 2025-08-01 | 13.78 |
| 2025-07-31 | 13.84 |
| 2025-07-30 | 14.59 |
| 2025-07-29 | 15.45 |
| 2025-07-28 | 16.30 |
| 2025-07-25 | 16.20 |
| 2025-07-24 | 16.03 |
| 2025-07-23 | 15.88 |
| 2025-07-22 | 15.68 |
| 2025-07-21 | 15.93 |
| 2025-07-18 | 15.61 |
| 2025-07-17 | 15.65 |
| 2025-07-16 | 15.35 |
| 2025-07-15 | 15.32 |
| 2025-07-14 | 15.20 |
Showing the most recent 260 of 3,522 data points. The chart above shows the full history.