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 1.66 is 24% below its estimated 5-year average of 2.19, near the low end of its estimated 5-year range (1.10–5.04).
As of 2026-10-06T17:33:57.474Z. 6.96% above its estimated 12-month average of 1.55.
Calculation as of: 2026-10-06T17:33:57.474Z.
Quote observation: 2026-10-06T17:30:07.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0d36d1c566b0729d2b6e3ed4df0f62e6583b4de8c15f2fe55f6e28b7bf24a7d1
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
1.66
PS RATIO AVG TTM
1.55
PS RATIO AVG 3Y
2.01
PS RATIO AVG 5Y
2.19
PS RATIO AVG 10Y
N/A
PS RATIO AVG 15Y
N/A
PS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+6.96%
CURRENT VS 3Y AVG
-17.39%
CURRENT VS 5Y AVG
-24.15%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
2.91
median of 61 covered companies
CURRENT VS SECTOR MEDIAN
-42.96%
vs the sector median at left
Market Cap
$1.99B
PS Ratio
1.54
TTM Avg
1.59
3Y Avg
1.39
5Y Avg
1.50
Market Cap
$3.29B
PS Ratio
1.04
TTM Avg
1.67
3Y Avg
1.67
5Y Avg
1.67
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ReNew Energy Global Plc (RNW) | $2.50B | 1.66 | 1.55 | 2.01 | 2.19 |
| H2O America (HTO)vs › | $2.43B | 2.93 | 2.59 | 2.57 | 2.95 |
| MGE Energy, Inc. (MGEE)vs › | $2.65B | 3.44 | 3.90 | 4.25 | 4.22 |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.28B | N/A | N/A | N/A | N/A |
| Avista Corporation (AVA)vs › | $2.93B | 1.53 | 1.68 | 1.59 | 1.72 |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 1.54 | 1.59 | 1.39 | 1.50 |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.29B | 1.04 | 1.67 | 1.67 | 1.67 |
| Fluence Energy, Inc. (FLNC)vs › | $1.49B | 0.56 | 1.09 | 1.00 | 1.14 |
| Middlesex Water Company (MSEX)vs › | $991.94M | 4.81 | 5.01 | 5.58 | 7.52 |
| XPLR Infrastructure, LP (XIFR)vs › | $972.90M | 0.81 | 0.84 | 0.81 | 0.81 |
Trailing-12-month revenue adds these four fiscal quarters. Amounts are in USD, rounded only to whole currency units.
Reported statement amounts were converted from INR to USD using the stored FMP exchange-rate calculation.
| Fiscal period | Revenue | Source |
|---|---|---|
| Q2 FY2026Period ended 2025-09-30 | $408,065,032 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-11-10 |
| Q3 FY2026Period ended 2025-12-31 | $282,006,393 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-02-17 |
| Q4 FY2026Period ended 2026-03-31 | $345,240,927 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-05-18 |
| Q1 FY2027Period ended 2026-06-30 | $474,240,856 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-08-18 |
| TTM revenue | $1,509,553,207 |
Current P/S: $2,502,065,947 market capitalization ÷ $1,509,553,207 TTM revenue = 1.66x.
Market capitalization source: FMP quote. Quote observed 2026-10-06T17:30:07.000Z. Latest revenue period ended 2026-06-30.
At 1.66, P/S is below its estimated 6-year median — higher than 12% of readings in its estimated 6-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 6-year low
1.10
median
2.31
estimated 6-year high
7.58
P/S Ratio
1.66
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 | 1.68 |
| 2026-10-02 | 1.67 |
| 2026-10-01 | 1.67 |
| 2026-09-30 | 1.67 |
| 2026-09-29 | 1.67 |
| 2026-09-28 | 1.67 |
| 2026-09-25 | 1.67 |
| 2026-09-24 | 1.67 |
| 2026-09-23 | 1.67 |
| 2026-09-22 | 1.67 |
| 2026-09-21 | 1.67 |
| 2026-09-18 | 1.67 |
| 2026-09-17 | 1.67 |
| 2026-09-16 | 1.67 |
| 2026-09-15 | 1.67 |
| 2026-09-14 | 1.67 |
| 2026-09-11 | 1.67 |
| 2026-09-10 | 1.67 |
| 2026-09-09 | 1.67 |
| 2026-09-08 | 1.68 |
| 2026-09-04 | 1.68 |
| 2026-09-03 | 1.67 |
| 2026-09-02 | 1.67 |
| 2026-09-01 | 1.66 |
| 2026-08-31 | 1.66 |
| 2026-08-28 | 1.67 |
| 2026-08-27 | 1.67 |
| 2026-08-26 | 1.67 |
| 2026-08-25 | 1.67 |
| 2026-08-24 | 1.66 |
| 2026-08-21 | 1.67 |
| 2026-08-20 | 1.67 |
| 2026-08-19 | 1.66 |
| 2026-08-18 | 1.70 |
| 2026-08-17 | 1.70 |
| 2026-08-14 | 1.69 |
| 2026-08-13 | 1.69 |
| 2026-08-12 | 1.69 |
| 2026-08-11 | 1.70 |
| 2026-08-10 | 1.52 |
| 2026-08-07 | 1.53 |
| 2026-08-06 | 1.55 |
| 2026-08-05 | 1.52 |
| 2026-08-04 | 1.56 |
| 2026-08-03 | 1.56 |
| 2026-07-31 | 1.55 |
| 2026-07-30 | 1.53 |
| 2026-07-29 | 1.49 |
| 2026-07-28 | 1.51 |
| 2026-07-27 | 1.50 |
| 2026-07-24 | 1.53 |
| 2026-07-23 | 1.55 |
| 2026-07-22 | 1.55 |
| 2026-07-21 | 1.55 |
| 2026-07-20 | 1.54 |
| 2026-07-17 | 1.56 |
| 2026-07-16 | 1.54 |
| 2026-07-15 | 1.56 |
| 2026-07-14 | 1.54 |
| 2026-07-13 | 1.53 |
| 2026-07-10 | 1.56 |
| 2026-07-09 | 1.53 |
| 2026-07-08 | 1.54 |
| 2026-07-07 | 1.49 |
| 2026-07-06 | 1.48 |
| 2026-07-02 | 1.51 |
| 2026-07-01 | 1.54 |
| 2026-06-30 | 1.55 |
| 2026-06-29 | 1.56 |
| 2026-06-26 | 1.54 |
| 2026-06-25 | 1.58 |
| 2026-06-24 | 1.55 |
| 2026-06-23 | 1.54 |
| 2026-06-22 | 1.60 |
| 2026-06-18 | 1.57 |
| 2026-06-17 | 1.54 |
| 2026-06-16 | 1.57 |
| 2026-06-15 | 1.57 |
| 2026-06-12 | 1.60 |
| 2026-06-11 | 1.58 |
| 2026-06-10 | 1.51 |
| 2026-06-09 | 1.53 |
| 2026-06-08 | 1.48 |
| 2026-06-05 | 1.50 |
| 2026-06-04 | 1.57 |
| 2026-06-03 | 1.55 |
| 2026-06-02 | 1.59 |
| 2026-06-01 | 1.62 |
| 2026-05-29 | 1.59 |
| 2026-05-28 | 1.55 |
| 2026-05-27 | 1.53 |
| 2026-05-26 | 1.49 |
| 2026-05-22 | 1.47 |
| 2026-05-21 | 1.45 |
| 2026-05-20 | 1.38 |
| 2026-05-19 | 1.33 |
| 2026-05-18 | 1.34 |
| 2026-05-15 | 1.31 |
| 2026-05-14 | 1.36 |
| 2026-05-13 | 1.33 |
| 2026-05-12 | 1.34 |
| 2026-05-11 | 1.39 |
| 2026-05-08 | 1.38 |
| 2026-05-07 | 1.32 |
| 2026-05-06 | 1.34 |
| 2026-05-05 | 1.31 |
| 2026-05-04 | 1.29 |
| 2026-05-01 | 1.32 |
| 2026-04-30 | 1.32 |
| 2026-04-29 | 1.24 |
| 2026-04-28 | 1.23 |
| 2026-04-27 | 1.28 |
| 2026-04-24 | 1.28 |
| 2026-04-23 | 1.27 |
| 2026-04-22 | 1.29 |
| 2026-04-21 | 1.27 |
| 2026-04-20 | 1.24 |
| 2026-04-17 | 1.22 |
| 2026-04-16 | 1.22 |
| 2026-04-15 | 1.22 |
| 2026-04-14 | 1.18 |
| 2026-04-13 | 1.18 |
| 2026-04-10 | 1.20 |
| 2026-04-09 | 1.17 |
| 2026-04-08 | 1.17 |
| 2026-04-07 | 1.17 |
| 2026-04-06 | 1.17 |
| 2026-04-02 | 1.17 |
| 2026-04-01 | 1.17 |
| 2026-03-31 | 1.12 |
| 2026-03-30 | 1.10 |
| 2026-03-27 | 1.11 |
| 2026-03-26 | 1.15 |
| 2026-03-25 | 1.17 |
| 2026-03-24 | 1.17 |
| 2026-03-23 | 1.21 |
| 2026-03-20 | 1.24 |
| 2026-03-19 | 1.29 |
| 2026-03-18 | 1.28 |
| 2026-03-17 | 1.29 |
| 2026-03-16 | 1.30 |
| 2026-03-13 | 1.28 |
| 2026-03-12 | 1.27 |
| 2026-03-11 | 1.31 |
| 2026-03-10 | 1.31 |
| 2026-03-09 | 1.30 |
| 2026-03-06 | 1.30 |
| 2026-03-05 | 1.32 |
| 2026-03-04 | 1.33 |
| 2026-03-03 | 1.33 |
| 2026-03-02 | 1.36 |
| 2026-02-27 | 1.35 |
| 2026-02-26 | 1.36 |
| 2026-02-25 | 1.36 |
| 2026-02-24 | 1.35 |
| 2026-02-23 | 1.35 |
| 2026-02-20 | 1.32 |
| 2026-02-19 | 1.31 |
| 2026-02-18 | 1.33 |
| 2026-02-17 | 1.35 |
| 2026-02-13 | 1.40 |
| 2026-02-12 | 1.40 |
| 2026-02-11 | 1.38 |
| 2026-02-10 | 1.40 |
| 2026-02-09 | 1.37 |
| 2026-02-06 | 1.36 |
| 2026-02-05 | 1.35 |
| 2026-02-04 | 1.40 |
| 2026-02-03 | 1.40 |
| 2026-02-02 | 1.41 |
| 2026-01-30 | 1.41 |
| 2026-01-29 | 1.42 |
| 2026-01-28 | 1.46 |
| 2026-01-27 | 1.46 |
| 2026-01-26 | 1.45 |
| 2026-01-23 | 1.44 |
| 2026-01-22 | 1.44 |
| 2026-01-21 | 1.40 |
| 2026-01-20 | 1.39 |
| 2026-01-16 | 1.40 |
| 2026-01-15 | 1.41 |
| 2026-01-14 | 1.41 |
| 2026-01-13 | 1.41 |
| 2026-01-12 | 1.41 |
| 2026-01-09 | 1.42 |
| 2026-01-08 | 1.42 |
| 2026-01-07 | 1.40 |
| 2026-01-06 | 1.49 |
| 2026-01-05 | 1.50 |
| 2026-01-02 | 1.53 |
| 2025-12-31 | 1.47 |
| 2025-12-30 | 1.47 |
| 2025-12-29 | 1.45 |
| 2025-12-26 | 1.44 |
| 2025-12-24 | 1.44 |
| 2025-12-23 | 1.41 |
| 2025-12-22 | 1.43 |
| 2025-12-19 | 1.40 |
| 2025-12-18 | 1.45 |
| 2025-12-17 | 1.43 |
| 2025-12-16 | 1.35 |
| 2025-12-15 | 1.44 |
| 2025-12-12 | 1.97 |
| 2025-12-11 | 1.98 |
| 2025-12-10 | 1.98 |
| 2025-12-09 | 1.98 |
| 2025-12-08 | 1.97 |
| 2025-12-05 | 1.97 |
| 2025-12-04 | 1.96 |
| 2025-12-03 | 1.97 |
| 2025-12-02 | 1.98 |
| 2025-12-01 | 1.99 |
| 2025-11-28 | 1.99 |
| 2025-11-26 | 1.98 |
| 2025-11-25 | 1.98 |
| 2025-11-24 | 1.96 |
| 2025-11-21 | 1.96 |
| 2025-11-20 | 1.96 |
| 2025-11-19 | 1.96 |
| 2025-11-18 | 1.96 |
| 2025-11-17 | 1.95 |
| 2025-11-14 | 1.95 |
| 2025-11-13 | 1.92 |
| 2025-11-12 | 1.91 |
| 2025-11-11 | 1.92 |
| 2025-11-10 | 2.05 |
| 2025-11-07 | 2.09 |
| 2025-11-06 | 2.07 |
| 2025-11-05 | 2.08 |
| 2025-11-04 | 2.08 |
| 2025-11-03 | 2.09 |
| 2025-10-31 | 2.09 |
| 2025-10-30 | 2.10 |
| 2025-10-29 | 2.11 |
| 2025-10-28 | 2.15 |
| 2025-10-27 | 2.09 |
| 2025-10-24 | 2.10 |
| 2025-10-23 | 2.10 |
| 2025-10-22 | 2.10 |
| 2025-10-21 | 2.11 |
| 2025-10-20 | 2.11 |
| 2025-10-17 | 2.12 |
| 2025-10-16 | 2.13 |
| 2025-10-15 | 2.15 |
| 2025-10-14 | 2.09 |
| 2025-10-13 | 2.12 |
| 2025-10-10 | 2.21 |
| 2025-10-09 | 2.24 |
| 2025-10-08 | 2.25 |
| 2025-10-07 | 2.24 |
| 2025-10-06 | 2.23 |
| 2025-10-03 | 2.22 |
| 2025-10-02 | 2.24 |
| 2025-10-01 | 2.27 |
| 2025-09-30 | 2.13 |
| 2025-09-29 | 2.15 |
| 2025-09-26 | 2.13 |
| 2025-09-25 | 2.12 |
| 2025-09-24 | 2.14 |
| 2025-09-23 | 2.17 |
Showing the most recent 260 of 1,426 data points. The chart above shows the full history.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
These references are supplied through FMP. Full filing context identifiers and dimensional metadata are unavailable in the normalized feed.