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 39.71 is 19% below its estimated 5-year average of 49.13, near the low end of its estimated 5-year range (19.10–126.34).
As of 2026-10-06T16:34:16.996Z. 18.13% above its estimated 12-month average of 33.61.
Calculation as of: 2026-10-06T16:34:16.996Z.
Quote observation: 2026-10-06T16:29:58.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 57a7cf80ee5c28f795f81dde1e9b3d2acca8af0b195c23042f572c9a04c2b9d9
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
39.71
PS RATIO AVG TTM
33.61
PS RATIO AVG 3Y
41.99
PS RATIO AVG 5Y
49.13
PS RATIO AVG 10Y
52.61
PS RATIO AVG 15Y
55.46
PS RATIO AVG 20Y
61.08
CURRENT VS TTM AVG
+18.13%
CURRENT VS 3Y AVG
-5.42%
CURRENT VS 5Y AVG
-19.17%
CURRENT VS 10Y AVG
-24.52%
CURRENT VS 15Y AVG
-28.40%
CURRENT VS 20Y AVG
-34.99%
SECTOR MEDIAN · TECHNOLOGY
4.00
median of 512 covered companies
CURRENT VS SECTOR MEDIAN
+891.51%
vs the sector median at left
Research Frontiers Incorporated
Market Cap
$25.98M
PS Ratio
39.71
TTM Avg
33.61
3Y Avg
41.99
5Y Avg
49.13
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Research Frontiers Incorporated (REFR) | $25.98M | 39.71 | 33.61 | 41.99 | 49.13 |
| NextPlat Corp (NXPL)vs › | $24.86M | 0.51 | 0.33 | 0.56 | 1.35 |
| DarkHorse Technologies Inc. (DRK)vs › | $24.81M | N/A | N/A | N/A | N/A |
| Orion Digital Corp. (ORIO)vs › | $24.73M | 0.46 | 0.44 | 0.44 | 0.44 |
| Franklin Wireless Corp. (FKWL)vs › | $26.99M | 0.74 | 1.03 | 1.09 | 1.12 |
| Key Tronic Corporation (KTCC)vs › | $24.11M | 0.06 | 0.08 | 0.08 | 0.09 |
| Future FinTech Group Inc. (FTFT)vs › | $26.90M | 8.36 | 1.06 | 0.68 | 3.66 |
| Aware, Inc. (AWRE)vs › | $23.38M | 1.42 | 2.01 | 2.14 | 2.48 |
| BeLive Holdings (BLIV)vs › | $27.92M | N/A | N/A | N/A | N/A |
| MindForge Inc (MF)vs › | $23.33M | N/A | N/A | N/A | N/A |
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 | $359,444 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-11-06 |
| Q4 FY2025Period ended 2025-12-31 | $72,123 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-03-05 |
| Q1 FY2026Period ended 2026-03-31 | $136,319 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-05-08 |
| Q2 FY2026Period ended 2026-06-30 | $86,346 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-08-06 |
| TTM revenue | $654,232 |
Current P/S: $25,976,501 market capitalization ÷ $654,232 TTM revenue = 39.71x.
Market capitalization source: FMP quote. Quote observed 2026-10-06T16:29:58.000Z. Latest revenue period ended 2026-06-30.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
At 39.71, P/S is below its estimated 20-year median — higher than 25% of readings in its estimated 20-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 20-year low
9.48
median
58.83
estimated 20-year high
1537.11
P/S Ratio
39.71
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 | 38.81 |
| 2026-10-02 | 38.83 |
| 2026-10-01 | 37.04 |
| 2026-09-30 | 39.16 |
| 2026-09-29 | 37.24 |
| 2026-09-28 | 41.27 |
| 2026-09-25 | 42.18 |
| 2026-09-24 | 39.48 |
| 2026-09-23 | 38.04 |
| 2026-09-22 | 41.54 |
| 2026-09-21 | 40.45 |
| 2026-09-18 | 34.71 |
| 2026-09-17 | 20.60 |
| 2026-09-16 | 20.35 |
| 2026-09-15 | 19.20 |
| 2026-09-14 | 20.31 |
| 2026-09-11 | 20.73 |
| 2026-09-10 | 20.52 |
| 2026-09-09 | 20.91 |
| 2026-09-08 | 21.03 |
| 2026-09-04 | 22.10 |
| 2026-09-03 | 21.86 |
| 2026-09-02 | 21.44 |
| 2026-09-01 | 23.66 |
| 2026-08-31 | 24.89 |
| 2026-08-28 | 24.63 |
| 2026-08-27 | 25.85 |
| 2026-08-26 | 25.58 |
| 2026-08-25 | 25.47 |
| 2026-08-24 | 24.89 |
| 2026-08-21 | 23.72 |
| 2026-08-20 | 23.98 |
| 2026-08-19 | 23.46 |
| 2026-08-18 | 22.38 |
| 2026-08-17 | 22.94 |
| 2026-08-14 | 23.45 |
| 2026-08-13 | 23.17 |
| 2026-08-12 | 25.66 |
| 2026-08-11 | 26.28 |
| 2026-08-10 | 26.11 |
| 2026-08-07 | 25.93 |
| 2026-08-06 | 22.89 |
| 2026-08-05 | 23.20 |
| 2026-08-04 | 22.91 |
| 2026-08-03 | 22.12 |
| 2026-07-31 | 19.59 |
| 2026-07-30 | 19.10 |
| 2026-07-29 | 19.14 |
| 2026-07-28 | 21.39 |
| 2026-07-27 | 22.62 |
| 2026-07-24 | 22.59 |
| 2026-07-23 | 23.60 |
| 2026-07-22 | 23.74 |
| 2026-07-21 | 25.16 |
| 2026-07-20 | 25.11 |
| 2026-07-17 | 26.73 |
| 2026-07-16 | 25.95 |
| 2026-07-15 | 26.99 |
| 2026-07-14 | 27.12 |
| 2026-07-13 | 26.66 |
| 2026-07-10 | 26.96 |
| 2026-07-09 | 26.13 |
| 2026-07-08 | 26.19 |
| 2026-07-07 | 26.47 |
| 2026-07-06 | 26.63 |
| 2026-07-02 | 26.80 |
| 2026-07-01 | 25.96 |
| 2026-06-30 | 25.46 |
| 2026-06-29 | 26.96 |
| 2026-06-26 | 23.47 |
| 2026-06-25 | 30.35 |
| 2026-06-24 | 30.45 |
| 2026-06-23 | 29.86 |
| 2026-06-22 | 29.86 |
| 2026-06-18 | 29.37 |
| 2026-06-17 | 31.38 |
| 2026-06-16 | 32.76 |
| 2026-06-15 | 31.82 |
| 2026-06-12 | 34.76 |
| 2026-06-11 | 36.18 |
| 2026-06-10 | 35.74 |
| 2026-06-09 | 35.79 |
| 2026-06-08 | 35.74 |
| 2026-06-05 | 36.13 |
| 2026-06-04 | 36.72 |
| 2026-06-03 | 37.21 |
| 2026-06-02 | 37.21 |
| 2026-06-01 | 37.84 |
| 2026-05-29 | 37.69 |
| 2026-05-28 | 37.21 |
| 2026-05-27 | 36.70 |
| 2026-05-26 | 37.21 |
| 2026-05-22 | 36.72 |
| 2026-05-21 | 36.23 |
| 2026-05-20 | 36.72 |
| 2026-05-19 | 37.69 |
| 2026-05-18 | 38.43 |
| 2026-05-15 | 39.16 |
| 2026-05-14 | 39.60 |
| 2026-05-13 | 38.68 |
| 2026-05-12 | 37.97 |
| 2026-05-11 | 37.21 |
| 2026-05-08 | 36.92 |
| 2026-05-07 | 25.00 |
| 2026-05-06 | 26.29 |
| 2026-05-05 | 26.11 |
| 2026-05-04 | 26.10 |
| 2026-05-01 | 26.35 |
| 2026-04-30 | 27.61 |
| 2026-04-29 | 28.21 |
| 2026-04-28 | 28.12 |
| 2026-04-27 | 28.51 |
| 2026-04-24 | 28.81 |
| 2026-04-23 | 30.00 |
| 2026-04-22 | 29.22 |
| 2026-04-21 | 29.71 |
| 2026-04-20 | 30.00 |
| 2026-04-17 | 27.91 |
| 2026-04-16 | 28.10 |
| 2026-04-15 | 27.39 |
| 2026-04-14 | 30.31 |
| 2026-04-13 | 27.91 |
| 2026-04-10 | 28.81 |
| 2026-04-09 | 28.21 |
| 2026-04-08 | 27.65 |
| 2026-04-07 | 27.91 |
| 2026-04-06 | 28.13 |
| 2026-04-02 | 27.76 |
| 2026-04-01 | 28.64 |
| 2026-03-31 | 27.61 |
| 2026-03-30 | 27.31 |
| 2026-03-27 | 26.75 |
| 2026-03-26 | 27.05 |
| 2026-03-25 | 24.94 |
| 2026-03-24 | 25.51 |
| 2026-03-23 | 25.95 |
| 2026-03-20 | 24.01 |
| 2026-03-19 | 30.61 |
| 2026-03-18 | 30.01 |
| 2026-03-17 | 30.01 |
| 2026-03-16 | 30.31 |
| 2026-03-13 | 30.31 |
| 2026-03-12 | 30.61 |
| 2026-03-11 | 27.12 |
| 2026-03-10 | 27.79 |
| 2026-03-09 | 28.21 |
| 2026-03-06 | 29.41 |
| 2026-03-05 | 27.14 |
| 2026-03-04 | 27.69 |
| 2026-03-03 | 27.69 |
| 2026-03-02 | 28.24 |
| 2026-02-27 | 27.29 |
| 2026-02-26 | 26.98 |
| 2026-02-25 | 30.43 |
| 2026-02-24 | 30.16 |
| 2026-02-23 | 30.43 |
| 2026-02-20 | 30.43 |
| 2026-02-19 | 28.24 |
| 2026-02-18 | 27.69 |
| 2026-02-17 | 27.97 |
| 2026-02-13 | 27.42 |
| 2026-02-12 | 28.24 |
| 2026-02-11 | 28.51 |
| 2026-02-10 | 28.51 |
| 2026-02-09 | 28.24 |
| 2026-02-06 | 30.71 |
| 2026-02-05 | 30.98 |
| 2026-02-04 | 30.98 |
| 2026-02-03 | 31.80 |
| 2026-02-02 | 31.26 |
| 2026-01-30 | 32.90 |
| 2026-01-29 | 32.90 |
| 2026-01-28 | 34.82 |
| 2026-01-27 | 35.09 |
| 2026-01-26 | 35.64 |
| 2026-01-23 | 34.82 |
| 2026-01-22 | 34.82 |
| 2026-01-21 | 34.00 |
| 2026-01-20 | 34.82 |
| 2026-01-16 | 36.46 |
| 2026-01-15 | 36.19 |
| 2026-01-14 | 37.29 |
| 2026-01-13 | 36.46 |
| 2026-01-12 | 35.09 |
| 2026-01-09 | 34.27 |
| 2026-01-08 | 34.82 |
| 2026-01-07 | 35.37 |
| 2026-01-06 | 36.19 |
| 2026-01-05 | 36.19 |
| 2026-01-02 | 35.09 |
| 2025-12-31 | 35.92 |
| 2025-12-30 | 36.19 |
| 2025-12-29 | 37.56 |
| 2025-12-26 | 37.84 |
| 2025-12-24 | 38.11 |
| 2025-12-23 | 38.66 |
| 2025-12-22 | 39.75 |
| 2025-12-19 | 40.03 |
| 2025-12-18 | 40.58 |
| 2025-12-17 | 39.48 |
| 2025-12-16 | 40.58 |
| 2025-12-15 | 42.77 |
| 2025-12-12 | 42.22 |
| 2025-12-11 | 42.77 |
| 2025-12-10 | 43.32 |
| 2025-12-09 | 43.59 |
| 2025-12-08 | 43.59 |
| 2025-12-05 | 44.42 |
| 2025-12-04 | 43.04 |
| 2025-12-03 | 45.24 |
| 2025-12-02 | 44.69 |
| 2025-12-01 | 48.80 |
| 2025-11-28 | 51.82 |
| 2025-11-26 | 52.37 |
| 2025-11-25 | 52.91 |
| 2025-11-24 | 57.03 |
| 2025-11-21 | 54.56 |
| 2025-11-20 | 48.25 |
| 2025-11-19 | 48.25 |
| 2025-11-18 | 46.61 |
| 2025-11-17 | 44.42 |
| 2025-11-14 | 49.62 |
| 2025-11-13 | 51.27 |
| 2025-11-12 | 49.35 |
| 2025-11-11 | 47.71 |
| 2025-11-10 | 43.04 |
| 2025-11-07 | 43.32 |
| 2025-11-06 | 44.05 |
| 2025-11-05 | 47.08 |
| 2025-11-04 | 48.18 |
| 2025-11-03 | 51.76 |
| 2025-10-31 | 53.41 |
| 2025-10-30 | 50.66 |
| 2025-10-29 | 55.89 |
| 2025-10-28 | 55.61 |
| 2025-10-27 | 64.97 |
| 2025-10-24 | 55.06 |
| 2025-10-23 | 45.15 |
| 2025-10-22 | 45.42 |
| 2025-10-21 | 46.53 |
| 2025-10-20 | 47.63 |
| 2025-10-17 | 45.15 |
| 2025-10-16 | 44.60 |
| 2025-10-15 | 49.00 |
| 2025-10-14 | 49.83 |
| 2025-10-13 | 50.10 |
| 2025-10-10 | 50.10 |
| 2025-10-09 | 52.03 |
| 2025-10-08 | 51.76 |
| 2025-10-07 | 49.28 |
| 2025-10-06 | 42.40 |
| 2025-10-03 | 39.64 |
| 2025-10-02 | 39.92 |
| 2025-10-01 | 43.22 |
| 2025-09-30 | 43.77 |
| 2025-09-29 | 41.57 |
| 2025-09-26 | 42.40 |
| 2025-09-25 | 42.95 |
| 2025-09-24 | 46.53 |
| 2025-09-23 | 39.09 |
Showing the most recent 260 of 5,030 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.