Basis: Current FMP quote-based enterprise value / four-quarter revenue. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 5.01x is 99% below its estimated 5-year average of 395.55x, near the low end of its estimated 5-year range (0.05x–106924.34x).
As of 2026-10-06T19:54:01.986Z. 35.34% below its estimated 12-month average of 7.75x.
Calculation as of: 2026-10-06T19:54:01.986Z.
Quote observation: 2026-10-06T19:50:36.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 245dd754b0f03b0474a1f4d6c5429d137941524b53a54e0755d3e87780725df6
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. 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.
EV/SALES RATIO
5.01x
EV/SALES RATIO AVG TTM
7.75x
EV/SALES RATIO AVG 3Y
446.63x
EV/SALES RATIO AVG 5Y
395.55x
EV/SALES RATIO AVG 10Y
N/A
EV/SALES RATIO AVG 15Y
N/A
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-35.34%
CURRENT VS 3Y AVG
-98.88%
CURRENT VS 5Y AVG
-98.73%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
4.36x
median of 549 covered companies
CURRENT VS SECTOR MEDIAN
+14.91%
vs the sector median at left
ARS Pharmaceuticals, Inc.
Market Cap
$422.54M
EV/Sales Ratio
5.01x
TTM Avg
7.75x
3Y Avg
446.63x
5Y Avg
395.55x
Market Cap
$423.00M
EV/Sales Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$423.28M
EV/Sales Ratio
0.52x
TTM Avg
0.79x
3Y Avg
1.08x
5Y Avg
1.82x
Market Cap
$417.71M
EV/Sales Ratio
5.35x
TTM Avg
3.64x
3Y Avg
6.44x
5Y Avg
16.19x
Market Cap
$419.61M
EV/Sales Ratio
2.54x
TTM Avg
12.93x
3Y Avg
8.88x
5Y Avg
40.79x
Market Cap
$417.56M
EV/Sales Ratio
8.95x
TTM Avg
9.19x
3Y Avg
12.86x
5Y Avg
31.40x
Market Cap
$412.91M
EV/Sales Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$411.43M
EV/Sales Ratio
1.56x
TTM Avg
1.64x
3Y Avg
1.28x
5Y Avg
2.81x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ARS Pharmaceuticals, Inc. (SPRY) | $422.54M | 5.01x | 7.75x | 446.63x | 395.55x |
| Tectonic Therapeutic, Inc. (TECX)vs › | $423.00M | N/A | N/A | N/A | N/A |
| Tilray Brands, Inc. (TLRY)vs › | $423.28M | 0.52x | 0.79x | 1.08x | 1.82x |
| Editas Medicine, Inc. (EDIT)vs › | $417.71M | 5.35x | 3.64x | 6.44x | 16.19x |
| Prothena Corporation plc (PRTA)vs › | $419.61M | 2.54x | 12.93x | 8.88x | 40.79x |
| Senseonics Holdings, Inc. (SENS)vs › | $417.56M | 8.95x | 9.19x | 12.86x | 31.40x |
| NeoGenomics, Inc. (NEO)vs › | $425.64M | 0.95x | 0.80x | 0.91x | 1.13x |
| MapLight Therapeutics, Inc. (MPLT)vs › | $412.91M | N/A | N/A | N/A | N/A |
| Strata Critical Medical, Inc. (SRTA)vs › | $411.43M | 1.56x | 1.64x | 1.28x | 2.81x |
| NeuroPace, Inc. (NPCE)vs › | $435.38M | 4.99x | 5.63x | 5.15x | 4.77x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-10-05 | 5.04x |
| 2026-10-02 | 4.85x |
| 2026-10-01 | 4.90x |
| 2026-09-30 | 5.06x |
| 2026-09-29 | 5.13x |
| 2026-09-28 | 4.91x |
| 2026-09-25 | 4.86x |
| 2026-09-24 | 4.92x |
| 2026-09-23 | 4.95x |
| 2026-09-22 | 5.20x |
| 2026-09-21 | 5.09x |
| 2026-09-18 | 4.89x |
| 2026-09-17 | 4.92x |
| 2026-09-16 | 4.94x |
| 2026-09-15 | 5.01x |
| 2026-09-14 | 5.22x |
| 2026-09-11 | 5.44x |
| 2026-09-10 | 5.70x |
| 2026-09-09 | 5.84x |
| 2026-09-08 | 5.98x |
| 2026-09-04 | 6.17x |
| 2026-09-03 | 6.21x |
| 2026-09-02 | 6.34x |
| 2026-09-01 | 6.30x |
| 2026-08-31 | 6.49x |
| 2026-08-28 | 6.40x |
| 2026-08-27 | 6.52x |
| 2026-08-26 | 6.52x |
| 2026-08-25 | 6.26x |
| 2026-08-24 | 5.94x |
| 2026-08-21 | 6.08x |
| 2026-08-20 | 6.08x |
| 2026-08-19 | 6.82x |
| 2026-08-18 | 6.75x |
| 2026-08-17 | 6.70x |
| 2026-08-14 | 6.20x |
| 2026-08-13 | 6.85x |
| 2026-08-12 | 6.80x |
| 2026-08-11 | 6.70x |
| 2026-08-10 | 6.66x |
| 2026-08-07 | 6.91x |
| 2026-08-06 | 6.30x |
| 2026-08-05 | 6.11x |
| 2026-08-04 | 6.07x |
| 2026-08-03 | 6.21x |
| 2026-07-31 | 5.88x |
| 2026-07-30 | 6.38x |
| 2026-07-29 | 6.58x |
| 2026-07-28 | 6.42x |
| 2026-07-27 | 6.51x |
| 2026-07-24 | 6.69x |
| 2026-07-23 | 6.75x |
| 2026-07-22 | 6.81x |
| 2026-07-21 | 7.11x |
| 2026-07-20 | 7.19x |
| 2026-07-17 | 7.75x |
| 2026-07-16 | 8.21x |
| 2026-07-15 | 8.30x |
| 2026-07-14 | 8.36x |
| 2026-07-13 | 8.49x |
| 2026-07-10 | 8.69x |
| 2026-07-09 | 8.63x |
| 2026-07-08 | 8.85x |
| 2026-07-07 | 8.95x |
| 2026-07-06 | 9.09x |
| 2026-07-02 | 9.32x |
| 2026-07-01 | 8.69x |
| 2026-06-30 | 8.76x |
| 2026-06-29 | 9.32x |
| 2026-06-26 | 9.30x |
| 2026-06-25 | 8.77x |
| 2026-06-24 | 11.30x |
| 2026-06-23 | 11.04x |
| 2026-06-22 | 10.74x |
| 2026-06-18 | 10.41x |
| 2026-06-17 | 10.66x |
| 2026-06-16 | 10.46x |
| 2026-06-15 | 10.57x |
| 2026-06-12 | 10.52x |
| 2026-06-11 | 10.35x |
| 2026-06-10 | 10.02x |
| 2026-06-09 | 10.17x |
| 2026-06-08 | 9.75x |
| 2026-06-05 | 9.32x |
| 2026-06-04 | 9.83x |
| 2026-06-03 | 9.51x |
| 2026-06-02 | 9.66x |
| 2026-06-01 | 10.19x |
| 2026-05-29 | 9.83x |
| 2026-05-28 | 10.16x |
| 2026-05-27 | 9.26x |
| 2026-05-26 | 8.93x |
| 2026-05-22 | 8.69x |
| 2026-05-21 | 8.99x |
| 2026-05-20 | 8.55x |
| 2026-05-19 | 7.92x |
| 2026-05-18 | 8.05x |
| 2026-05-15 | 9.34x |
| 2026-05-14 | 9.94x |
| 2026-05-13 | 10.02x |
| 2026-05-12 | 10.75x |
| 2026-05-11 | 10.71x |
| 2026-05-08 | 10.88x |
| 2026-05-07 | 11.18x |
| 2026-05-06 | 11.51x |
| 2026-05-05 | 11.21x |
| 2026-05-04 | 10.98x |
| 2026-05-01 | 10.66x |
| 2026-04-30 | 10.31x |
| 2026-04-29 | 9.82x |
| 2026-04-28 | 9.94x |
| 2026-04-27 | 9.95x |
| 2026-04-24 | 10.35x |
| 2026-04-23 | 10.36x |
| 2026-04-22 | 10.48x |
| 2026-04-21 | 9.82x |
| 2026-04-20 | 10.22x |
| 2026-04-17 | 10.22x |
| 2026-04-16 | 10.22x |
| 2026-04-15 | 10.03x |
| 2026-04-14 | 10.17x |
| 2026-04-13 | 10.01x |
| 2026-04-10 | 10.07x |
| 2026-04-09 | 10.33x |
| 2026-04-08 | 10.23x |
| 2026-04-07 | 10.19x |
| 2026-04-06 | 10.47x |
| 2026-04-02 | 10.36x |
| 2026-04-01 | 10.14x |
| 2026-03-31 | 10.04x |
| 2026-03-30 | 9.80x |
| 2026-03-27 | 10.09x |
| 2026-03-26 | 10.66x |
| 2026-03-25 | 9.89x |
| 2026-03-24 | 9.47x |
| 2026-03-23 | 9.62x |
| 2026-03-20 | 10.21x |
| 2026-03-19 | 10.30x |
| 2026-03-18 | 10.36x |
| 2026-03-17 | 11.05x |
| 2026-03-16 | 10.83x |
| 2026-03-13 | 10.47x |
| 2026-03-12 | 10.29x |
| 2026-03-11 | 10.45x |
| 2026-03-10 | 11.02x |
| 2026-03-09 | 5.86x |
| 2026-03-06 | 5.86x |
| 2026-03-05 | 5.91x |
| 2026-03-04 | 5.85x |
| 2026-03-03 | 5.73x |
| 2026-03-02 | 5.94x |
| 2026-02-27 | 6.02x |
| 2026-02-26 | 6.06x |
| 2026-02-25 | 5.99x |
| 2026-02-24 | 5.92x |
| 2026-02-23 | 5.97x |
| 2026-02-20 | 5.82x |
| 2026-02-19 | 6.13x |
| 2026-02-18 | 6.13x |
| 2026-02-17 | 6.09x |
| 2026-02-13 | 5.72x |
| 2026-02-12 | 5.69x |
| 2026-02-11 | 6.17x |
| 2026-02-10 | 6.46x |
| 2026-02-09 | 6.37x |
| 2026-02-06 | 6.54x |
| 2026-02-05 | 6.29x |
| 2026-02-04 | 6.61x |
| 2026-02-03 | 6.62x |
| 2026-02-02 | 6.72x |
| 2026-01-30 | 6.51x |
| 2026-01-29 | 6.67x |
| 2026-01-28 | 6.56x |
| 2026-01-27 | 6.89x |
| 2026-01-26 | 6.85x |
| 2026-01-23 | 6.66x |
| 2026-01-22 | 6.91x |
| 2026-01-21 | 6.82x |
| 2026-01-20 | 6.83x |
| 2026-01-16 | 6.95x |
| 2026-01-15 | 7.27x |
| 2026-01-14 | 7.75x |
| 2026-01-13 | 7.42x |
| 2026-01-12 | 7.47x |
| 2026-01-09 | 8.63x |
| 2026-01-08 | 7.17x |
| 2026-01-07 | 7.28x |
| 2026-01-06 | 7.31x |
| 2026-01-05 | 7.19x |
| 2026-01-02 | 7.55x |
| 2025-12-31 | 7.66x |
| 2025-12-30 | 7.65x |
| 2025-12-29 | 7.70x |
| 2025-12-26 | 7.47x |
| 2025-12-24 | 7.54x |
| 2025-12-23 | 7.23x |
| 2025-12-22 | 7.46x |
| 2025-12-19 | 6.85x |
| 2025-12-18 | 6.39x |
| 2025-12-17 | 6.56x |
| 2025-12-16 | 6.97x |
| 2025-12-15 | 6.92x |
| 2025-12-12 | 6.68x |
| 2025-12-11 | 7.36x |
| 2025-12-10 | 6.82x |
| 2025-12-09 | 6.47x |
| 2025-12-08 | 6.51x |
| 2025-12-05 | 6.47x |
| 2025-12-04 | 6.49x |
| 2025-12-03 | 6.20x |
| 2025-12-02 | 5.85x |
| 2025-12-01 | 6.10x |
| 2025-11-28 | 6.20x |
| 2025-11-26 | 6.22x |
| 2025-11-25 | 6.02x |
| 2025-11-24 | 5.15x |
| 2025-11-21 | 4.85x |
| 2025-11-20 | 4.25x |
| 2025-11-19 | 4.50x |
| 2025-11-18 | 4.50x |
| 2025-11-17 | 4.66x |
| 2025-11-14 | 5.28x |
| 2025-11-13 | 5.41x |
| 2025-11-12 | 5.79x |
| 2025-11-11 | 5.66x |
| 2025-11-10 | 7.33x |
| 2025-11-07 | 7.30x |
| 2025-11-06 | 6.74x |
| 2025-11-05 | 7.48x |
| 2025-11-04 | 7.18x |
| 2025-11-03 | 7.10x |
| 2025-10-31 | 7.40x |
| 2025-10-30 | 7.10x |
| 2025-10-29 | 7.42x |
| 2025-10-28 | 7.78x |
| 2025-10-27 | 7.93x |
| 2025-10-24 | 7.53x |
| 2025-10-23 | 8.01x |
| 2025-10-22 | 8.07x |
| 2025-10-21 | 8.22x |
| 2025-10-20 | 8.32x |
| 2025-10-17 | 8.36x |
| 2025-10-16 | 8.41x |
| 2025-10-15 | 9.16x |
| 2025-10-14 | 8.89x |
| 2025-10-13 | 9.13x |
| 2025-10-10 | 9.47x |
| 2025-10-09 | 9.70x |
| 2025-10-08 | 9.28x |
| 2025-10-07 | 8.60x |
| 2025-10-06 | 8.55x |
| 2025-10-03 | 8.58x |
| 2025-10-02 | 8.56x |
| 2025-10-01 | 8.39x |
| 2025-09-30 | 8.36x |
| 2025-09-29 | 8.07x |
| 2025-09-26 | 8.14x |
| 2025-09-25 | 7.91x |
| 2025-09-24 | 7.99x |
| 2025-09-23 | 8.26x |
Showing the most recent 260 of 1,163 data points. The chart above shows the full history.
