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 135.67 is 2986% above its estimated 5-year average of 4.40, around the middle of its estimated 5-year range (0.78–301.85).
As of 2026-10-06T19:49:10.438Z. 9.18% below its estimated 12-month average of 149.39.
Calculation as of: 2026-10-06T19:49:10.438Z.
Quote observation: 2026-10-06T19:45:13.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 82e50dad054807a2d9cfcf78e4a189ad4456f1f756e397ab71e696e9b4df84c5
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
135.67
PS RATIO AVG TTM
149.39
PS RATIO AVG 3Y
67.87
PS RATIO AVG 5Y
4.40
PS RATIO AVG 10Y
31.57
PS RATIO AVG 15Y
N/A
PS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-9.18%
CURRENT VS 3Y AVG
+99.91%
CURRENT VS 5Y AVG
+2986.45%
CURRENT VS 10Y AVG
+329.73%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
4.25
median of 579 covered companies
CURRENT VS SECTOR MEDIAN
+3092.24%
vs the sector median at left
Cartesian Therapeutics, Inc.
Market Cap
$200.38M
PS Ratio
135.67
TTM Avg
149.39
3Y Avg
67.87
5Y Avg
4.40
Market Cap
$208.48M
PS Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cartesian Therapeutics, Inc. (RNAC) | $200.38M | 135.67 | 149.39 | 67.87 | 4.40 |
| Exagen Inc. (XGN)vs › | $200.28M | 2.82 | 2.03 | 1.54 | 1.68 |
| Alector, Inc. (ALEC)vs › | $198.72M | 14.33 | 8.68 | 5.87 | 7.02 |
| Surrozen, Inc. (SRZN)vs › | $203.00M | 17.64 | 45.56 | 20.70 | 17.35 |
| Whitehawk Therapeutics Inc (WHWK)vs › | $205.23M | N/A | 9.28 | 5.99 | 38.18 |
| Electra Therapeutics Inc. (ETRA)vs › | $206.40M | N/A | N/A | N/A | N/A |
| Pro-Dex, Inc. (PDEX)vs › | $207.70M | 2.68 | 2.27 | 2.02 | 1.85 |
| Anbio Biotechnology Class A Ordinary Shares (NNNN)vs › | $208.48M | N/A | N/A | N/A | N/A |
| RxSight, Inc. (RXST)vs › | $191.87M | 1.50 | 2.25 | 8.69 | 10.18 |
| Zentalis Pharmaceuticals, Inc. (ZNTL)vs › | $190.90M | N/A | 4.26 | 5.68 | 5.68 |
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 | $452,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-11-06 |
| Q4 FY2025Period ended 2025-12-31 | $947,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-03-09 |
| Q1 FY2026Period ended 2026-03-31 | $78,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-04-30 |
| Q2 FY2026Period ended 2026-06-30 | $0 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-08-06 |
| TTM revenue | $1,477,000 |
Current P/S: $200,381,830 market capitalization ÷ $1,477,000 TTM revenue = 135.67x.
Market capitalization source: FMP quote. Quote observed 2026-10-06T19:45:13.000Z. Latest revenue period ended 2026-06-30.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
At 135.67, P/S is above its estimated 10-year median — higher than 82% of readings in its estimated 10-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 10-year low
0.78
median
24.49
estimated 10-year high
17494.85
P/S Ratio
135.67
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 | 144.35 |
| 2026-10-02 | 148.80 |
| 2026-10-01 | 145.97 |
| 2026-09-30 | 145.77 |
| 2026-09-29 | 146.37 |
| 2026-09-28 | 145.77 |
| 2026-09-25 | 149.81 |
| 2026-09-24 | 154.06 |
| 2026-09-23 | 159.11 |
| 2026-09-22 | 163.36 |
| 2026-09-21 | 160.52 |
| 2026-09-18 | 162.34 |
| 2026-09-17 | 158.91 |
| 2026-09-16 | 159.92 |
| 2026-09-15 | 159.51 |
| 2026-09-14 | 162.55 |
| 2026-09-11 | 165.58 |
| 2026-09-10 | 170.43 |
| 2026-09-09 | 175.69 |
| 2026-09-08 | 180.94 |
| 2026-09-04 | 187.41 |
| 2026-09-03 | 184.38 |
| 2026-09-02 | 183.57 |
| 2026-09-01 | 188.02 |
| 2026-08-31 | 187.62 |
| 2026-08-28 | 194.09 |
| 2026-08-27 | 201.57 |
| 2026-08-26 | 206.01 |
| 2026-08-25 | 209.86 |
| 2026-08-24 | 203.39 |
| 2026-08-21 | 202.98 |
| 2026-08-20 | 206.82 |
| 2026-08-19 | 212.08 |
| 2026-08-18 | 186.00 |
| 2026-08-17 | 185.59 |
| 2026-08-14 | 178.72 |
| 2026-08-13 | 176.29 |
| 2026-08-12 | 175.49 |
| 2026-08-11 | 173.67 |
| 2026-08-10 | 177.10 |
| 2026-08-07 | 178.92 |
| 2026-08-06 | 132.54 |
| 2026-08-05 | 126.33 |
| 2026-08-04 | 121.95 |
| 2026-08-03 | 119.07 |
| 2026-07-31 | 118.01 |
| 2026-07-30 | 116.95 |
| 2026-07-29 | 112.26 |
| 2026-07-28 | 115.74 |
| 2026-07-27 | 117.86 |
| 2026-07-24 | 119.22 |
| 2026-07-23 | 119.83 |
| 2026-07-22 | 123.00 |
| 2026-07-21 | 123.00 |
| 2026-07-20 | 123.76 |
| 2026-07-17 | 124.97 |
| 2026-07-16 | 126.03 |
| 2026-07-15 | 131.33 |
| 2026-07-14 | 130.42 |
| 2026-07-13 | 130.57 |
| 2026-07-10 | 143.13 |
| 2026-07-09 | 146.30 |
| 2026-07-08 | 155.08 |
| 2026-07-07 | 152.05 |
| 2026-07-06 | 156.44 |
| 2026-07-02 | 160.22 |
| 2026-07-01 | 154.02 |
| 2026-06-30 | 157.65 |
| 2026-06-29 | 145.85 |
| 2026-06-26 | 142.52 |
| 2026-06-25 | 135.11 |
| 2026-06-24 | 145.85 |
| 2026-06-23 | 154.02 |
| 2026-06-22 | 150.54 |
| 2026-06-18 | 145.70 |
| 2026-06-17 | 149.48 |
| 2026-06-16 | 136.92 |
| 2026-06-15 | 130.12 |
| 2026-06-12 | 143.88 |
| 2026-06-11 | 121.95 |
| 2026-06-10 | 112.41 |
| 2026-06-09 | 103.64 |
| 2026-06-08 | 88.66 |
| 2026-06-05 | 88.36 |
| 2026-06-04 | 99.10 |
| 2026-06-03 | 94.86 |
| 2026-06-02 | 96.98 |
| 2026-06-01 | 104.70 |
| 2026-05-29 | 114.08 |
| 2026-05-28 | 109.08 |
| 2026-05-27 | 104.85 |
| 2026-05-26 | 97.59 |
| 2026-05-22 | 102.13 |
| 2026-05-21 | 101.07 |
| 2026-05-20 | 98.65 |
| 2026-05-19 | 92.14 |
| 2026-05-18 | 104.24 |
| 2026-05-15 | 111.66 |
| 2026-05-14 | 125.12 |
| 2026-05-13 | 127.39 |
| 2026-05-12 | 131.63 |
| 2026-05-11 | 129.06 |
| 2026-05-08 | 130.87 |
| 2026-05-07 | 123.46 |
| 2026-05-06 | 126.18 |
| 2026-05-05 | 111.81 |
| 2026-05-04 | 104.85 |
| 2026-05-01 | 94.11 |
| 2026-04-30 | 57.76 |
| 2026-04-29 | 60.08 |
| 2026-04-28 | 63.15 |
| 2026-04-27 | 65.84 |
| 2026-04-24 | 62.68 |
| 2026-04-23 | 64.72 |
| 2026-04-22 | 63.98 |
| 2026-04-21 | 64.17 |
| 2026-04-20 | 64.45 |
| 2026-04-17 | 65.37 |
| 2026-04-16 | 59.25 |
| 2026-04-15 | 55.62 |
| 2026-04-14 | 58.97 |
| 2026-04-13 | 55.07 |
| 2026-04-10 | 55.53 |
| 2026-04-09 | 57.39 |
| 2026-04-08 | 57.11 |
| 2026-04-07 | 58.32 |
| 2026-04-06 | 57.95 |
| 2026-04-02 | 58.13 |
| 2026-04-01 | 59.34 |
| 2026-03-31 | 57.11 |
| 2026-03-30 | 54.60 |
| 2026-03-27 | 54.32 |
| 2026-03-26 | 56.46 |
| 2026-03-25 | 58.04 |
| 2026-03-24 | 56.37 |
| 2026-03-23 | 61.29 |
| 2026-03-20 | 60.45 |
| 2026-03-19 | 61.01 |
| 2026-03-18 | 61.75 |
| 2026-03-17 | 66.67 |
| 2026-03-16 | 68.07 |
| 2026-03-13 | 68.62 |
| 2026-03-12 | 75.40 |
| 2026-03-11 | 76.70 |
| 2026-03-10 | 79.40 |
| 2026-03-09 | 214.98 |
| 2026-03-06 | 163.26 |
| 2026-03-05 | 163.98 |
| 2026-03-04 | 187.57 |
| 2026-03-03 | 178.28 |
| 2026-03-02 | 181.14 |
| 2026-02-27 | 180.90 |
| 2026-02-26 | 199.01 |
| 2026-02-25 | 188.05 |
| 2026-02-24 | 179.95 |
| 2026-02-23 | 166.36 |
| 2026-02-20 | 165.17 |
| 2026-02-19 | 161.59 |
| 2026-02-18 | 158.26 |
| 2026-02-17 | 160.88 |
| 2026-02-13 | 155.40 |
| 2026-02-12 | 152.78 |
| 2026-02-11 | 152.54 |
| 2026-02-10 | 154.21 |
| 2026-02-09 | 154.92 |
| 2026-02-06 | 154.68 |
| 2026-02-05 | 149.68 |
| 2026-02-04 | 163.02 |
| 2026-02-03 | 165.17 |
| 2026-02-02 | 161.83 |
| 2026-01-30 | 162.79 |
| 2026-01-29 | 166.36 |
| 2026-01-28 | 173.51 |
| 2026-01-27 | 176.37 |
| 2026-01-26 | 181.38 |
| 2026-01-23 | 182.09 |
| 2026-01-22 | 180.66 |
| 2026-01-21 | 182.09 |
| 2026-01-20 | 172.32 |
| 2026-01-16 | 176.85 |
| 2026-01-15 | 175.42 |
| 2026-01-14 | 182.09 |
| 2026-01-13 | 182.57 |
| 2026-01-12 | 173.27 |
| 2026-01-09 | 195.44 |
| 2026-01-08 | 193.53 |
| 2026-01-07 | 184.95 |
| 2026-01-06 | 167.79 |
| 2026-01-05 | 164.69 |
| 2026-01-02 | 161.12 |
| 2025-12-31 | 171.84 |
| 2025-12-30 | 165.41 |
| 2025-12-29 | 154.21 |
| 2025-12-26 | 159.21 |
| 2025-12-24 | 161.12 |
| 2025-12-23 | 153.25 |
| 2025-12-22 | 160.16 |
| 2025-12-19 | 172.08 |
| 2025-12-18 | 175.42 |
| 2025-12-17 | 177.09 |
| 2025-12-16 | 197.58 |
| 2025-12-15 | 213.79 |
| 2025-12-12 | 203.07 |
| 2025-12-11 | 201.40 |
| 2025-12-10 | 187.10 |
| 2025-12-09 | 188.29 |
| 2025-12-08 | 160.16 |
| 2025-12-05 | 163.98 |
| 2025-12-04 | 164.45 |
| 2025-12-03 | 158.50 |
| 2025-12-02 | 159.93 |
| 2025-12-01 | 173.99 |
| 2025-11-28 | 178.52 |
| 2025-11-26 | 181.14 |
| 2025-11-25 | 174.46 |
| 2025-11-24 | 177.09 |
| 2025-11-21 | 172.56 |
| 2025-11-20 | 170.41 |
| 2025-11-19 | 170.41 |
| 2025-11-18 | 181.62 |
| 2025-11-17 | 175.89 |
| 2025-11-14 | 177.80 |
| 2025-11-13 | 172.32 |
| 2025-11-12 | 180.66 |
| 2025-11-11 | 173.99 |
| 2025-11-10 | 172.56 |
| 2025-11-07 | 187.57 |
| 2025-11-06 | 194.62 |
| 2025-11-05 | 197.71 |
| 2025-11-04 | 198.74 |
| 2025-11-03 | 209.57 |
| 2025-10-31 | 210.60 |
| 2025-10-30 | 209.05 |
| 2025-10-29 | 211.37 |
| 2025-10-28 | 214.47 |
| 2025-10-27 | 228.13 |
| 2025-10-24 | 236.12 |
| 2025-10-23 | 231.99 |
| 2025-10-22 | 231.74 |
| 2025-10-21 | 239.21 |
| 2025-10-20 | 251.33 |
| 2025-10-17 | 232.25 |
| 2025-10-16 | 242.82 |
| 2025-10-15 | 248.75 |
| 2025-10-14 | 242.82 |
| 2025-10-13 | 244.62 |
| 2025-10-10 | 240.24 |
| 2025-10-09 | 260.35 |
| 2025-10-08 | 263.70 |
| 2025-10-07 | 251.07 |
| 2025-10-06 | 257.77 |
| 2025-10-03 | 262.67 |
| 2025-10-02 | 266.53 |
| 2025-10-01 | 263.96 |
| 2025-09-30 | 263.44 |
| 2025-09-29 | 253.90 |
| 2025-09-26 | 238.70 |
| 2025-09-25 | 243.85 |
| 2025-09-24 | 259.57 |
| 2025-09-23 | 252.87 |
Showing the most recent 260 of 2,586 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.