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 8.38x is in line with its estimated 5-year average of 8.68x, around the middle of its estimated 5-year range (2.89x–19.54x).
As of 2026-10-02T19:46:04.364Z. 24.66% above its estimated 12-month average of 6.72x.
Calculation as of: 2026-10-02T19:46:04.364Z.
Quote observation: 2026-10-02T19:45:05.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ad265b5d282fbca528981da399c26c795013e7194f1a6dd382c054dc58ac986c
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 2026-10-01.
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
8.38x
EV/SALES RATIO AVG TTM
6.72x
EV/SALES RATIO AVG 3Y
9.39x
EV/SALES RATIO AVG 5Y
8.68x
EV/SALES RATIO AVG 10Y
8.60x
EV/SALES RATIO AVG 15Y
N/A
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+24.66%
CURRENT VS 3Y AVG
-10.75%
CURRENT VS 5Y AVG
-3.43%
CURRENT VS 10Y AVG
-2.55%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.79x
median of 212 covered companies
CURRENT VS SECTOR MEDIAN
+23.42%
vs the sector median at left
Varonis Systems, Inc.
Market Cap
$5.48B
EV/Sales Ratio
8.38x
TTM Avg
6.72x
3Y Avg
9.39x
5Y Avg
8.68x
Market Cap
$5.30B
EV/Sales Ratio
5.23x
TTM Avg
4.92x
3Y Avg
3.59x
5Y Avg
3.00x
Market Cap
$5.30B
EV/Sales Ratio
17.78x
TTM Avg
20.51x
3Y Avg
12.54x
5Y Avg
12.54x
Market Cap
$5.06B
EV/Sales Ratio
377.37x
TTM Avg
821.83x
3Y Avg
373.65x
5Y Avg
251.49x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Varonis Systems, Inc. (VRNS) | $5.48B | 8.38x | 6.72x | 9.39x | 8.68x |
| Genpact Limited (G)vs › | $5.65B | 1.25x | 1.48x | 1.66x | 1.92x |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.30B | 5.23x | 4.92x | 3.59x | 3.00x |
| Core Scientific, Inc. (CORZ)vs › | $5.30B | 17.78x | 20.51x | 12.54x | 12.54x |
| EPAM Systems, Inc. (EPAM)vs › | $5.69B | 0.90x | 1.26x | 1.98x | 3.21x |
| Lyft, Inc. (LYFT)vs › | $5.85B | 0.87x | 1.07x | 1.17x | 1.70x |
| Rigetti Computing, Inc. (RGTI)vs › | $5.06B | 377.37x | 821.83x | 373.65x | 251.49x |
| Diodes Incorporated (DIOD)vs › | $4.83B | 2.74x | 2.15x | 1.91x | 1.96x |
| Cirrus Logic, Inc. (CRUS)vs › | $6.16B | 2.69x | 3.36x | 3.07x | 2.87x |
| Box, Inc. (BOX)vs › | $4.76B | 3.64x | 3.70x | 4.07x | 4.29x |
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 |
|---|---|
| 2026-10-01 | 8.36x |
| 2026-09-30 | 8.36x |
| 2026-09-29 | 8.30x |
| 2026-09-28 | 8.44x |
| 2026-09-25 | 8.16x |
| 2026-09-24 | 8.45x |
| 2026-09-23 | 8.51x |
| 2026-09-22 | 8.33x |
| 2026-09-21 | 8.53x |
| 2026-09-18 | 8.38x |
| 2026-09-17 | 8.42x |
| 2026-09-16 | 8.25x |
| 2026-09-15 | 8.36x |
| 2026-09-14 | 8.37x |
| 2026-09-11 | 7.97x |
| 2026-09-10 | 8.03x |
| 2026-09-09 | 8.13x |
| 2026-09-08 | 8.03x |
| 2026-09-04 | 8.13x |
| 2026-09-03 | 8.20x |
| 2026-09-02 | 8.25x |
| 2026-09-01 | 7.51x |
| 2026-08-31 | 7.74x |
| 2026-08-28 | 7.77x |
| 2026-08-27 | 7.91x |
| 2026-08-26 | 7.35x |
| 2026-08-25 | 7.25x |
| 2026-08-24 | 7.29x |
| 2026-08-21 | 7.32x |
| 2026-08-20 | 7.26x |
| 2026-08-19 | 7.50x |
| 2026-08-18 | 7.74x |
| 2026-08-17 | 7.64x |
| 2026-08-14 | 7.95x |
| 2026-08-13 | 8.09x |
| 2026-08-12 | 7.44x |
| 2026-08-11 | 7.47x |
| 2026-08-10 | 7.52x |
| 2026-08-07 | 7.70x |
| 2026-08-06 | 7.52x |
| 2026-08-05 | 7.68x |
| 2026-08-04 | 7.67x |
| 2026-08-03 | 7.31x |
| 2026-07-31 | 7.10x |
| 2026-07-30 | 7.10x |
| 2026-07-29 | 7.65x |
| 2026-07-28 | 8.35x |
| 2026-07-27 | 8.70x |
| 2026-07-24 | 8.54x |
| 2026-07-23 | 8.37x |
| 2026-07-22 | 8.47x |
| 2026-07-21 | 8.62x |
| 2026-07-20 | 8.84x |
| 2026-07-17 | 8.86x |
| 2026-07-16 | 8.76x |
| 2026-07-15 | 8.82x |
| 2026-07-14 | 8.97x |
| 2026-07-13 | 8.48x |
| 2026-07-10 | 8.33x |
| 2026-07-09 | 8.55x |
| 2026-07-08 | 8.42x |
| 2026-07-07 | 8.56x |
| 2026-07-06 | 8.53x |
| 2026-07-02 | 8.04x |
| 2026-07-01 | 7.87x |
| 2026-06-30 | 7.88x |
| 2026-06-29 | 7.57x |
| 2026-06-26 | 7.59x |
| 2026-06-25 | 7.28x |
| 2026-06-24 | 7.06x |
| 2026-06-23 | 6.66x |
| 2026-06-22 | 6.26x |
| 2026-06-18 | 6.37x |
| 2026-06-17 | 6.32x |
| 2026-06-16 | 6.46x |
| 2026-06-15 | 6.46x |
| 2026-06-12 | 6.37x |
| 2026-06-11 | 6.39x |
| 2026-06-10 | 6.29x |
| 2026-06-09 | 6.22x |
| 2026-06-08 | 6.31x |
| 2026-06-05 | 6.25x |
| 2026-06-04 | 6.35x |
| 2026-06-03 | 6.40x |
| 2026-06-02 | 6.81x |
| 2026-06-01 | 6.85x |
| 2026-05-29 | 6.51x |
| 2026-05-28 | 6.10x |
| 2026-05-27 | 5.82x |
| 2026-05-26 | 5.96x |
| 2026-05-22 | 5.96x |
| 2026-05-21 | 5.90x |
| 2026-05-20 | 5.97x |
| 2026-05-19 | 5.74x |
| 2026-05-18 | 5.57x |
| 2026-05-15 | 5.46x |
| 2026-05-14 | 5.29x |
| 2026-05-13 | 5.26x |
| 2026-05-12 | 5.40x |
| 2026-05-11 | 5.43x |
| 2026-05-08 | 5.52x |
| 2026-05-07 | 5.55x |
| 2026-05-06 | 5.36x |
| 2026-05-05 | 5.33x |
| 2026-05-04 | 5.33x |
| 2026-05-01 | 5.17x |
| 2026-04-30 | 5.13x |
| 2026-04-29 | 6.25x |
| 2026-04-28 | 5.86x |
| 2026-04-27 | 5.78x |
| 2026-04-24 | 5.67x |
| 2026-04-23 | 5.55x |
| 2026-04-22 | 5.80x |
| 2026-04-21 | 5.69x |
| 2026-04-20 | 5.65x |
| 2026-04-17 | 5.61x |
| 2026-04-16 | 5.54x |
| 2026-04-15 | 5.39x |
| 2026-04-14 | 5.10x |
| 2026-04-13 | 5.14x |
| 2026-04-10 | 4.77x |
| 2026-04-09 | 5.05x |
| 2026-04-08 | 5.32x |
| 2026-04-07 | 5.42x |
| 2026-04-06 | 5.50x |
| 2026-04-02 | 5.26x |
| 2026-04-01 | 5.10x |
| 2026-03-31 | 5.04x |
| 2026-03-30 | 4.98x |
| 2026-03-27 | 4.99x |
| 2026-03-26 | 5.11x |
| 2026-03-25 | 5.02x |
| 2026-03-24 | 5.15x |
| 2026-03-23 | 5.51x |
| 2026-03-20 | 5.51x |
| 2026-03-19 | 5.57x |
| 2026-03-18 | 5.66x |
| 2026-03-17 | 5.62x |
| 2026-03-16 | 5.59x |
| 2026-03-13 | 5.71x |
| 2026-03-12 | 5.60x |
| 2026-03-11 | 5.58x |
| 2026-03-10 | 5.55x |
| 2026-03-09 | 5.63x |
| 2026-03-06 | 5.64x |
| 2026-03-05 | 5.53x |
| 2026-03-04 | 5.46x |
| 2026-03-03 | 5.47x |
| 2026-03-02 | 5.37x |
| 2026-02-27 | 5.38x |
| 2026-02-26 | 5.38x |
| 2026-02-25 | 5.30x |
| 2026-02-24 | 5.09x |
| 2026-02-23 | 4.96x |
| 2026-02-20 | 5.50x |
| 2026-02-19 | 5.91x |
| 2026-02-18 | 5.92x |
| 2026-02-17 | 5.84x |
| 2026-02-13 | 5.85x |
| 2026-02-12 | 5.80x |
| 2026-02-11 | 6.04x |
| 2026-02-10 | 6.03x |
| 2026-02-09 | 5.90x |
| 2026-02-06 | 5.28x |
| 2026-02-05 | 5.19x |
| 2026-02-04 | 5.07x |
| 2026-02-03 | 5.61x |
| 2026-02-02 | 6.12x |
| 2026-01-30 | 6.23x |
| 2026-01-29 | 6.37x |
| 2026-01-28 | 6.91x |
| 2026-01-27 | 7.06x |
| 2026-01-26 | 7.33x |
| 2026-01-23 | 7.20x |
| 2026-01-22 | 7.17x |
| 2026-01-21 | 6.81x |
| 2026-01-20 | 6.75x |
| 2026-01-16 | 6.93x |
| 2026-01-15 | 7.01x |
| 2026-01-14 | 7.18x |
| 2026-01-13 | 7.13x |
| 2026-01-12 | 7.26x |
| 2026-01-09 | 7.26x |
| 2026-01-08 | 7.35x |
| 2026-01-07 | 7.29x |
| 2026-01-06 | 6.89x |
| 2026-01-05 | 6.80x |
| 2026-01-02 | 6.65x |
| 2025-12-31 | 6.79x |
| 2025-12-30 | 6.85x |
| 2025-12-29 | 6.89x |
| 2025-12-26 | 6.94x |
| 2025-12-24 | 6.91x |
| 2025-12-23 | 6.87x |
| 2025-12-22 | 7.10x |
| 2025-12-19 | 6.91x |
| 2025-12-18 | 6.88x |
| 2025-12-17 | 6.77x |
| 2025-12-16 | 6.86x |
| 2025-12-15 | 6.83x |
| 2025-12-12 | 6.98x |
| 2025-12-11 | 6.87x |
| 2025-12-10 | 6.86x |
| 2025-12-09 | 6.73x |
| 2025-12-08 | 6.55x |
| 2025-12-05 | 6.30x |
| 2025-12-04 | 6.47x |
| 2025-12-03 | 6.55x |
| 2025-12-02 | 6.63x |
| 2025-12-01 | 6.69x |
| 2025-11-28 | 6.84x |
| 2025-11-26 | 6.71x |
| 2025-11-25 | 6.73x |
| 2025-11-24 | 6.54x |
| 2025-11-21 | 6.52x |
| 2025-11-20 | 6.53x |
| 2025-11-19 | 6.67x |
| 2025-11-18 | 6.82x |
| 2025-11-17 | 6.86x |
| 2025-11-14 | 6.96x |
| 2025-11-13 | 7.08x |
| 2025-11-12 | 7.31x |
| 2025-11-11 | 7.35x |
| 2025-11-10 | 7.10x |
| 2025-11-07 | 7.05x |
| 2025-11-06 | 7.04x |
| 2025-11-05 | 7.21x |
| 2025-11-04 | 7.27x |
| 2025-11-03 | 7.41x |
| 2025-10-31 | 7.25x |
| 2025-10-30 | 7.21x |
| 2025-10-29 | 7.02x |
| 2025-10-28 | 12.79x |
| 2025-10-27 | 12.73x |
| 2025-10-24 | 12.66x |
| 2025-10-23 | 12.66x |
| 2025-10-22 | 12.46x |
| 2025-10-21 | 12.41x |
| 2025-10-20 | 12.65x |
| 2025-10-17 | 12.30x |
| 2025-10-16 | 12.28x |
| 2025-10-15 | 12.33x |
| 2025-10-14 | 12.44x |
| 2025-10-13 | 12.68x |
| 2025-10-10 | 12.50x |
| 2025-10-09 | 12.83x |
| 2025-10-08 | 12.85x |
| 2025-10-07 | 12.22x |
| 2025-10-06 | 12.37x |
| 2025-10-03 | 12.10x |
| 2025-10-02 | 12.13x |
| 2025-10-01 | 11.82x |
| 2025-09-30 | 11.75x |
| 2025-09-29 | 12.10x |
| 2025-09-26 | 12.14x |
| 2025-09-25 | 11.97x |
| 2025-09-24 | 11.87x |
| 2025-09-23 | 11.91x |
| 2025-09-22 | 12.20x |
| 2025-09-19 | 11.86x |
Showing the most recent 260 of 3,167 data points. The chart above shows the full history.
