Basis: Latest stored market observation. 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 8.16 is 20% above its 5-year average of 6.81, around the middle of its 5-year range (4.67–9.88).
As of Saturday, July 25, 2026. 20.61% above its 12-month average of 6.77.
PS RATIO
8.16
PS RATIO AVG TTM
6.77
PS RATIO AVG 3Y
6.68
PS RATIO AVG 5Y
6.75
PS RATIO AVG 10Y
6.57
PS RATIO AVG 15Y
5.97
PS RATIO AVG 20Y
5.50
CURRENT VS TTM AVG
+20.61%
CURRENT VS 3Y AVG
+22.12%
CURRENT VS 5Y AVG
+20.94%
CURRENT VS 10Y AVG
+24.28%
CURRENT VS 15Y AVG
+36.67%
CURRENT VS 20Y AVG
+48.29%
SECTOR MEDIAN · HEALTHCARE
3.24
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+151.85%
vs the sector median at left
Market Cap
$23.10B
PS Ratio
7.03
TTM Avg
6.54
3Y Avg
7.60
5Y Avg
8.33
Market Cap
$22.43B
PS Ratio
7.87
TTM Avg
7.29
3Y Avg
6.15
5Y Avg
6.06
Market Cap
$26.82B
PS Ratio
6.58
TTM Avg
6.77
3Y Avg
6.93
5Y Avg
7.57
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waters Corporation (WAT) | $24.42B | 8.16 | 6.77 | 6.68 | 6.75 |
| Labcorp Holdings Inc. (LH)vs › | $24.34B | 1.74 | 1.63 | 1.55 | 1.47 |
| Quest Diagnostics Incorporated (DGX)vs › | $25.15B | 2.21 | 1.96 | 1.82 | 1.74 |
| Incyte Corporation (INCY)vs › | $23.51B | 4.54 | 3.96 | 3.65 | 4.28 |
| West Pharmaceutical Services, Inc. (WST)vs › | $23.10B | 7.03 | 6.54 | 7.60 | 8.33 |
| BioNTech SE (BNTX)vs › | $22.59B | 6.88 | 7.35 | 6.93 | 5.34 |
| United Therapeutics Corporation (UTHR)vs › | $22.43B | 7.87 | 7.29 | 6.15 | 6.06 |
| Mettler-Toledo International Inc. (MTD)vs › | $26.82B | 6.58 | 6.77 | 6.93 | 7.57 |
| Moderna, Inc. (MRNA)vs › | $21.45B | 9.60 | 7.02 | 5.51 | 6.38 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $27.56B | 1.39 | 1.69 | 1.80 | 1.81 |
At 8.16, P/S is richer than usual, sitting higher than 97% of its 20-year history.
20-year low
1.91
median
5.36
20-year high
9.88
P/S Ratio
8.16
Market Cap / Annual 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 |
|---|---|
| 2026-07-24 | 8.16 |
| 2026-07-23 | 8.33 |
| 2026-07-22 | 8.08 |
| 2026-07-21 | 8.01 |
| 2026-07-20 | 7.79 |
| 2026-07-17 | 8.04 |
| 2026-07-16 | 8.24 |
| 2026-07-15 | 8.17 |
| 2026-07-14 | 8.20 |
| 2026-07-13 | 8.13 |
| 2026-07-10 | 8.20 |
| 2026-07-09 | 8.22 |
| 2026-07-08 | 8.02 |
| 2026-07-07 | 8.17 |
| 2026-07-06 | 8.25 |
| 2026-07-02 | 8.26 |
| 2026-07-01 | 8.24 |
| 2026-06-30 | 8.17 |
| 2026-06-29 | 8.04 |
| 2026-06-26 | 8.16 |
| 2026-06-25 | 8.21 |
| 2026-06-24 | 8.04 |
| 2026-06-23 | 7.78 |
| 2026-06-22 | 7.80 |
| 2026-06-18 | 7.74 |
| 2026-06-17 | 7.78 |
| 2026-06-16 | 7.85 |
| 2026-06-15 | 7.79 |
| 2026-06-12 | 7.74 |
| 2026-06-11 | 7.84 |
| 2026-06-10 | 7.91 |
| 2026-06-09 | 8.09 |
| 2026-06-08 | 7.92 |
| 2026-06-05 | 7.96 |
| 2026-06-04 | 8.20 |
| 2026-06-03 | 8.27 |
| 2026-06-02 | 8.10 |
| 2026-06-01 | 8.24 |
| 2026-05-29 | 8.36 |
| 2026-05-28 | 7.99 |
| 2026-05-27 | 7.45 |
| 2026-05-26 | 7.38 |
| 2026-05-22 | 7.46 |
| 2026-05-21 | 7.43 |
| 2026-05-20 | 7.44 |
| 2026-05-19 | 7.26 |
| 2026-05-18 | 7.24 |
| 2026-05-15 | 7.17 |
| 2026-05-14 | 7.26 |
| 2026-05-13 | 7.30 |
| 2026-05-12 | 7.67 |
| 2026-05-11 | 6.57 |
| 2026-05-08 | 6.71 |
| 2026-05-07 | 6.62 |
| 2026-05-06 | 6.60 |
| 2026-05-05 | 6.47 |
| 2026-05-04 | 5.70 |
| 2026-05-01 | 5.80 |
| 2026-04-30 | 5.84 |
| 2026-04-29 | 5.52 |
| 2026-04-28 | 5.68 |
| 2026-04-27 | 5.66 |
| 2026-04-24 | 5.85 |
| 2026-04-23 | 5.88 |
| 2026-04-22 | 6.31 |
| 2026-04-21 | 6.33 |
| 2026-04-20 | 6.34 |
| 2026-04-17 | 6.19 |
| 2026-04-16 | 6.02 |
| 2026-04-15 | 6.16 |
| 2026-04-14 | 6.25 |
| 2026-04-13 | 6.13 |
| 2026-04-10 | 6.04 |
| 2026-04-09 | 6.00 |
| 2026-04-08 | 6.01 |
| 2026-04-07 | 5.80 |
| 2026-04-06 | 5.74 |
| 2026-04-02 | 5.74 |
| 2026-04-01 | 5.66 |
| 2026-03-31 | 5.62 |
| 2026-03-30 | 5.54 |
| 2026-03-27 | 5.46 |
| 2026-03-26 | 5.67 |
| 2026-03-25 | 5.71 |
| 2026-03-24 | 5.70 |
| 2026-03-23 | 5.70 |
| 2026-03-20 | 5.65 |
| 2026-03-19 | 5.66 |
| 2026-03-18 | 5.57 |
| 2026-03-17 | 5.61 |
| 2026-03-16 | 5.48 |
| 2026-03-13 | 5.41 |
| 2026-03-12 | 5.35 |
| 2026-03-11 | 5.62 |
| 2026-03-10 | 5.66 |
| 2026-03-09 | 5.77 |
| 2026-03-06 | 5.71 |
| 2026-03-05 | 5.96 |
| 2026-03-04 | 6.02 |
| 2026-03-03 | 5.89 |
| 2026-03-02 | 5.80 |
| 2026-02-27 | 6.03 |
| 2026-02-26 | 6.10 |
| 2026-02-25 | 6.03 |
| 2026-02-24 | 6.16 |
| 2026-02-23 | 6.19 |
| 2026-02-20 | 6.40 |
| 2026-02-19 | 6.31 |
| 2026-02-18 | 6.29 |
| 2026-02-17 | 6.17 |
| 2026-02-13 | 6.21 |
| 2026-02-12 | 6.14 |
| 2026-02-11 | 6.32 |
| 2026-02-10 | 6.28 |
| 2026-02-09 | 6.30 |
| 2026-02-06 | 7.32 |
| 2026-02-05 | 7.24 |
| 2026-02-04 | 7.38 |
| 2026-02-03 | 7.28 |
| 2026-02-02 | 7.28 |
| 2026-01-30 | 7.12 |
| 2026-01-29 | 7.20 |
| 2026-01-28 | 7.39 |
| 2026-01-27 | 7.49 |
| 2026-01-26 | 7.50 |
| 2026-01-23 | 7.53 |
| 2026-01-22 | 7.69 |
| 2026-01-21 | 7.62 |
| 2026-01-20 | 7.37 |
| 2026-01-16 | 7.44 |
| 2026-01-15 | 7.58 |
| 2026-01-14 | 7.55 |
| 2026-01-13 | 7.56 |
| 2026-01-12 | 7.56 |
| 2026-01-09 | 7.62 |
| 2026-01-08 | 7.61 |
| 2026-01-07 | 7.67 |
| 2026-01-06 | 7.69 |
| 2026-01-05 | 7.58 |
| 2026-01-02 | 7.33 |
| 2025-12-31 | 7.29 |
| 2025-12-30 | 7.37 |
| 2025-12-29 | 7.39 |
| 2025-12-26 | 7.41 |
| 2025-12-24 | 7.39 |
| 2025-12-23 | 7.36 |
| 2025-12-22 | 7.37 |
| 2025-12-19 | 7.26 |
| 2025-12-18 | 7.22 |
| 2025-12-17 | 7.24 |
| 2025-12-16 | 7.27 |
| 2025-12-15 | 7.40 |
| 2025-12-12 | 7.40 |
| 2025-12-11 | 7.53 |
| 2025-12-10 | 7.60 |
| 2025-12-09 | 7.41 |
| 2025-12-08 | 7.54 |
| 2025-12-05 | 7.58 |
| 2025-12-04 | 7.61 |
| 2025-12-03 | 7.63 |
| 2025-12-02 | 7.65 |
| 2025-12-01 | 7.64 |
| 2025-11-28 | 7.74 |
| 2025-11-26 | 7.82 |
| 2025-11-25 | 7.92 |
| 2025-11-24 | 7.67 |
| 2025-11-21 | 7.56 |
| 2025-11-20 | 7.27 |
| 2025-11-19 | 7.22 |
| 2025-11-18 | 7.23 |
| 2025-11-17 | 7.26 |
| 2025-11-14 | 7.28 |
| 2025-11-13 | 7.28 |
| 2025-11-12 | 7.44 |
| 2025-11-11 | 7.41 |
| 2025-11-10 | 7.23 |
| 2025-11-07 | 7.14 |
| 2025-11-06 | 7.13 |
| 2025-11-05 | 7.14 |
| 2025-11-04 | 7.05 |
| 2025-11-03 | 6.77 |
| 2025-10-31 | 6.85 |
| 2025-10-30 | 6.72 |
| 2025-10-29 | 6.73 |
| 2025-10-28 | 6.78 |
| 2025-10-27 | 6.89 |
| 2025-10-24 | 7.04 |
| 2025-10-23 | 6.97 |
| 2025-10-22 | 6.83 |
| 2025-10-21 | 6.84 |
| 2025-10-20 | 6.72 |
| 2025-10-17 | 6.55 |
| 2025-10-16 | 6.56 |
| 2025-10-15 | 6.51 |
| 2025-10-14 | 6.52 |
| 2025-10-13 | 6.59 |
| 2025-10-10 | 6.48 |
| 2025-10-09 | 6.47 |
| 2025-10-08 | 6.42 |
| 2025-10-07 | 6.23 |
| 2025-10-06 | 6.42 |
| 2025-10-03 | 6.43 |
| 2025-10-02 | 6.30 |
| 2025-10-01 | 6.26 |
| 2025-09-30 | 5.87 |
| 2025-09-29 | 5.67 |
| 2025-09-26 | 5.71 |
| 2025-09-25 | 5.64 |
| 2025-09-24 | 5.73 |
| 2025-09-23 | 5.86 |
| 2025-09-22 | 5.92 |
| 2025-09-19 | 5.89 |
| 2025-09-18 | 6.00 |
| 2025-09-17 | 5.95 |
| 2025-09-16 | 5.94 |
| 2025-09-15 | 5.86 |
| 2025-09-12 | 5.79 |
| 2025-09-11 | 5.92 |
| 2025-09-10 | 5.74 |
| 2025-09-09 | 5.89 |
| 2025-09-08 | 6.06 |
| 2025-09-05 | 6.00 |
| 2025-09-04 | 5.87 |
| 2025-09-03 | 5.68 |
| 2025-09-02 | 5.81 |
| 2025-08-29 | 5.91 |
| 2025-08-28 | 5.83 |
| 2025-08-27 | 5.77 |
| 2025-08-26 | 5.80 |
| 2025-08-25 | 5.85 |
| 2025-08-22 | 5.92 |
| 2025-08-21 | 5.69 |
| 2025-08-20 | 5.81 |
| 2025-08-19 | 5.83 |
| 2025-08-18 | 5.67 |
| 2025-08-15 | 5.71 |
| 2025-08-14 | 5.75 |
| 2025-08-13 | 5.81 |
| 2025-08-12 | 5.59 |
| 2025-08-11 | 5.47 |
| 2025-08-08 | 5.51 |
| 2025-08-07 | 5.44 |
| 2025-08-06 | 5.44 |
| 2025-08-05 | 5.51 |
| 2025-08-04 | 5.59 |
| 2025-08-01 | 5.81 |
| 2025-07-31 | 5.78 |
| 2025-07-30 | 5.99 |
| 2025-07-29 | 6.07 |
| 2025-07-28 | 6.05 |
| 2025-07-25 | 6.06 |
| 2025-07-24 | 5.97 |
| 2025-07-23 | 5.92 |
| 2025-07-22 | 5.75 |
| 2025-07-21 | 5.64 |
| 2025-07-18 | 5.76 |
| 2025-07-17 | 5.94 |
| 2025-07-16 | 5.80 |
| 2025-07-15 | 5.80 |
| 2025-07-14 | 6.09 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.