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 2.59 is in line with its estimated 5-year average of 2.66, near the low end of its estimated 5-year range (1.79–5.42).
As of 2026-09-23T20:15:28.814Z. 15.96% above its estimated 12-month average of 2.23.
Calculation as of: 2026-09-23T20:15:28.814Z.
Quote observation: 2026-09-23T19:59:58.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 81d02b8bfb7d3ee17b5a1879cf6512cac2a4256b72bf2198d3e2e04d96be0a9a
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 2026-09-11.
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
2.59
PS RATIO AVG TTM
2.23
PS RATIO AVG 3Y
2.42
PS RATIO AVG 5Y
2.66
PS RATIO AVG 10Y
2.96
PS RATIO AVG 15Y
N/A
PS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+15.96%
CURRENT VS 3Y AVG
+7.08%
CURRENT VS 5Y AVG
-2.45%
CURRENT VS 10Y AVG
-12.43%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
6.85
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-62.19%
vs the sector median at left
Market Cap
$7.02B
PS Ratio
13.96
TTM Avg
14.24
3Y Avg
15.48
5Y Avg
17.21
Market Cap
$8.10B
PS Ratio
10.66
TTM Avg
10.83
3Y Avg
10.59
5Y Avg
11.95
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apple Hospitality REIT, Inc. (APLE) | $3.74B | 2.59 | 2.23 | 2.42 | 2.66 |
| Fermi Inc. Common Stock (FRMI)vs › | $3.07B | N/A | N/A | N/A | N/A |
| Opendoor Technologies Inc. (OPEN)vs › | $2.49B | 0.76 | 1.02 | 0.51 | 0.64 |
| Sunstone Hotel Investors, Inc. (SHO)vs › | $2.05B | 2.05 | 1.97 | 2.09 | 2.93 |
| Terreno Realty Corporation (TRNO)vs › | $7.02B | 13.96 | 14.24 | 15.48 | 17.21 |
| NNN REIT, Inc. (NNN)vs › | $7.86B | 8.25 | 8.94 | 9.05 | 9.63 |
| Agree Realty Corporation (ADC)vs › | $8.06B | 10.34 | 12.02 | 11.91 | 12.77 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.10B | 10.66 | 10.83 | 10.59 | 11.95 |
| CubeSmart (CUBE)vs › | $8.64B | 7.60 | 8.04 | 8.89 | 9.85 |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $9.04B | 3.06 | 3.24 | 5.17 | 7.52 |
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 | $373,878,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-11-03 |
| Q4 FY2025Period ended 2025-12-31 | $326,436,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-02-23 |
| Q1 FY2026Period ended 2026-03-31 | $337,741,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-05-04 |
| Q2 FY2026Period ended 2026-06-30 | $402,553,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-08-05 |
| TTM revenue | $1,440,608,000 |
Current P/S: $3,738,129,718 market capitalization ÷ $1,440,608,000 TTM revenue = 2.59x.
Market capitalization source: FMP quote. Quote observed 2026-09-23T19:59:58.000Z. Latest revenue period ended 2026-06-30.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
At 2.59, P/S is below its estimated 11-year median — higher than 22% of readings in its estimated 11-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 11-year low
0.86
median
3.04
estimated 11-year high
7.01
P/S Ratio
2.59
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 |
|---|---|
| 2026-09-11 | 2.55 |
| 2026-09-10 | 2.55 |
| 2026-09-09 | 2.55 |
| 2026-09-08 | 2.50 |
| 2026-09-04 | 2.56 |
| 2026-09-03 | 2.55 |
| 2026-09-02 | 2.58 |
| 2026-09-01 | 2.55 |
| 2026-08-31 | 2.61 |
| 2026-08-28 | 2.71 |
| 2026-08-27 | 2.69 |
| 2026-08-26 | 2.71 |
| 2026-08-25 | 2.74 |
| 2026-08-24 | 2.72 |
| 2026-08-21 | 2.73 |
| 2026-08-20 | 2.70 |
| 2026-08-19 | 2.68 |
| 2026-08-18 | 2.63 |
| 2026-08-17 | 2.61 |
| 2026-08-14 | 2.63 |
| 2026-08-13 | 2.60 |
| 2026-08-12 | 2.58 |
| 2026-08-11 | 2.55 |
| 2026-08-10 | 2.58 |
| 2026-08-07 | 2.65 |
| 2026-08-06 | 2.62 |
| 2026-08-05 | 2.75 |
| 2026-08-04 | 2.75 |
| 2026-08-03 | 2.75 |
| 2026-07-31 | 2.74 |
| 2026-07-30 | 2.76 |
| 2026-07-29 | 2.79 |
| 2026-07-28 | 2.79 |
| 2026-07-27 | 2.80 |
| 2026-07-24 | 2.78 |
| 2026-07-23 | 2.76 |
| 2026-07-22 | 2.81 |
| 2026-07-21 | 2.83 |
| 2026-07-20 | 2.81 |
| 2026-07-17 | 2.80 |
| 2026-07-16 | 2.80 |
| 2026-07-15 | 2.77 |
| 2026-07-14 | 2.77 |
| 2026-07-13 | 2.72 |
| 2026-07-10 | 2.75 |
| 2026-07-09 | 2.72 |
| 2026-07-08 | 2.67 |
| 2026-07-07 | 2.71 |
| 2026-07-06 | 2.75 |
| 2026-07-02 | 2.76 |
| 2026-07-01 | 2.74 |
| 2026-06-30 | 2.79 |
| 2026-06-29 | 2.80 |
| 2026-06-26 | 2.83 |
| 2026-06-25 | 2.81 |
| 2026-06-24 | 2.76 |
| 2026-06-23 | 2.76 |
| 2026-06-22 | 2.76 |
| 2026-06-18 | 2.75 |
| 2026-06-17 | 2.70 |
| 2026-06-16 | 2.72 |
| 2026-06-15 | 2.68 |
| 2026-06-12 | 2.69 |
| 2026-06-11 | 2.68 |
| 2026-06-10 | 2.63 |
| 2026-06-09 | 2.64 |
| 2026-06-08 | 2.59 |
| 2026-06-05 | 2.60 |
| 2026-06-04 | 2.60 |
| 2026-06-03 | 2.52 |
| 2026-06-02 | 2.48 |
| 2026-06-01 | 2.43 |
| 2026-05-29 | 2.44 |
| 2026-05-28 | 2.49 |
| 2026-05-27 | 2.46 |
| 2026-05-26 | 2.46 |
| 2026-05-22 | 2.40 |
| 2026-05-21 | 2.41 |
| 2026-05-20 | 2.41 |
| 2026-05-19 | 2.32 |
| 2026-05-18 | 2.34 |
| 2026-05-15 | 2.28 |
| 2026-05-14 | 2.33 |
| 2026-05-13 | 2.29 |
| 2026-05-12 | 2.30 |
| 2026-05-11 | 2.29 |
| 2026-05-08 | 2.35 |
| 2026-05-07 | 2.31 |
| 2026-05-06 | 2.33 |
| 2026-05-05 | 2.26 |
| 2026-05-04 | 2.22 |
| 2026-05-01 | 2.25 |
| 2026-04-30 | 2.27 |
| 2026-04-29 | 2.27 |
| 2026-04-28 | 2.25 |
| 2026-04-27 | 2.25 |
| 2026-04-24 | 2.22 |
| 2026-04-23 | 2.21 |
| 2026-04-22 | 2.18 |
| 2026-04-21 | 2.19 |
| 2026-04-20 | 2.21 |
| 2026-04-17 | 2.19 |
| 2026-04-16 | 2.12 |
| 2026-04-15 | 2.11 |
| 2026-04-14 | 2.13 |
| 2026-04-13 | 2.11 |
| 2026-04-10 | 2.10 |
| 2026-04-09 | 2.09 |
| 2026-04-08 | 2.02 |
| 2026-04-07 | 1.96 |
| 2026-04-06 | 1.95 |
| 2026-04-02 | 1.94 |
| 2026-04-01 | 1.94 |
| 2026-03-31 | 1.94 |
| 2026-03-30 | 1.94 |
| 2026-03-27 | 1.93 |
| 2026-03-26 | 2.00 |
| 2026-03-25 | 2.02 |
| 2026-03-24 | 1.98 |
| 2026-03-23 | 2.00 |
| 2026-03-20 | 1.95 |
| 2026-03-19 | 1.99 |
| 2026-03-18 | 1.98 |
| 2026-03-17 | 1.99 |
| 2026-03-16 | 1.98 |
| 2026-03-13 | 1.97 |
| 2026-03-12 | 2.00 |
| 2026-03-11 | 2.04 |
| 2026-03-10 | 2.03 |
| 2026-03-09 | 2.03 |
| 2026-03-06 | 2.04 |
| 2026-03-05 | 2.09 |
| 2026-03-04 | 2.09 |
| 2026-03-03 | 2.05 |
| 2026-03-02 | 2.07 |
| 2026-02-27 | 2.06 |
| 2026-02-26 | 2.12 |
| 2026-02-25 | 2.06 |
| 2026-02-24 | 2.05 |
| 2026-02-23 | 2.04 |
| 2026-02-20 | 2.06 |
| 2026-02-19 | 2.04 |
| 2026-02-18 | 2.05 |
| 2026-02-17 | 2.05 |
| 2026-02-13 | 2.05 |
| 2026-02-12 | 2.04 |
| 2026-02-11 | 2.06 |
| 2026-02-10 | 2.08 |
| 2026-02-09 | 2.04 |
| 2026-02-06 | 2.03 |
| 2026-02-05 | 2.00 |
| 2026-02-04 | 2.03 |
| 2026-02-03 | 1.97 |
| 2026-02-02 | 1.97 |
| 2026-01-30 | 1.94 |
| 2026-01-29 | 1.95 |
| 2026-01-28 | 1.92 |
| 2026-01-27 | 1.98 |
| 2026-01-26 | 2.04 |
| 2026-01-23 | 2.06 |
| 2026-01-22 | 2.08 |
| 2026-01-21 | 2.08 |
| 2026-01-20 | 2.04 |
| 2026-01-16 | 2.07 |
| 2026-01-15 | 2.08 |
| 2026-01-14 | 2.06 |
| 2026-01-13 | 2.07 |
| 2026-01-12 | 2.08 |
| 2026-01-09 | 2.09 |
| 2026-01-08 | 2.08 |
| 2026-01-07 | 2.02 |
| 2026-01-06 | 2.05 |
| 2026-01-05 | 2.00 |
| 2026-01-02 | 2.01 |
| 2025-12-31 | 1.98 |
| 2025-12-30 | 2.00 |
| 2025-12-29 | 2.01 |
| 2025-12-26 | 2.01 |
| 2025-12-24 | 2.02 |
| 2025-12-23 | 1.99 |
| 2025-12-22 | 2.03 |
| 2025-12-19 | 2.03 |
| 2025-12-18 | 2.04 |
| 2025-12-17 | 2.06 |
| 2025-12-16 | 2.03 |
| 2025-12-15 | 2.05 |
| 2025-12-12 | 2.02 |
| 2025-12-11 | 1.99 |
| 2025-12-10 | 1.97 |
| 2025-12-09 | 1.94 |
| 2025-12-08 | 1.91 |
| 2025-12-05 | 1.94 |
| 2025-12-04 | 1.93 |
| 2025-12-03 | 1.97 |
| 2025-12-02 | 1.97 |
| 2025-12-01 | 1.97 |
| 2025-11-28 | 1.99 |
| 2025-11-26 | 2.00 |
| 2025-11-25 | 2.00 |
| 2025-11-24 | 1.97 |
| 2025-11-21 | 1.96 |
| 2025-11-20 | 1.89 |
| 2025-11-19 | 1.91 |
| 2025-11-18 | 1.93 |
| 2025-11-17 | 1.93 |
| 2025-11-14 | 1.96 |
| 2025-11-13 | 1.95 |
| 2025-11-12 | 1.97 |
| 2025-11-11 | 1.99 |
| 2025-11-10 | 1.98 |
| 2025-11-07 | 1.95 |
| 2025-11-06 | 1.88 |
| 2025-11-05 | 1.90 |
| 2025-11-04 | 1.87 |
| 2025-11-03 | 1.90 |
| 2025-10-31 | 1.87 |
| 2025-10-30 | 1.90 |
| 2025-10-29 | 1.91 |
| 2025-10-28 | 1.92 |
| 2025-10-27 | 1.95 |
| 2025-10-24 | 1.95 |
| 2025-10-23 | 1.95 |
| 2025-10-22 | 1.96 |
| 2025-10-21 | 1.93 |
| 2025-10-20 | 1.95 |
| 2025-10-17 | 1.93 |
| 2025-10-16 | 1.92 |
| 2025-10-15 | 1.93 |
| 2025-10-14 | 1.94 |
| 2025-10-13 | 1.90 |
| 2025-10-10 | 1.89 |
| 2025-10-09 | 1.91 |
| 2025-10-08 | 1.93 |
| 2025-10-07 | 1.94 |
| 2025-10-06 | 1.96 |
| 2025-10-03 | 1.99 |
| 2025-10-02 | 2.01 |
| 2025-10-01 | 2.01 |
| 2025-09-30 | 2.00 |
| 2025-09-29 | 2.00 |
| 2025-09-26 | 2.01 |
| 2025-09-25 | 2.00 |
| 2025-09-24 | 2.03 |
| 2025-09-23 | 2.06 |
| 2025-09-22 | 2.05 |
| 2025-09-19 | 2.09 |
| 2025-09-18 | 2.11 |
| 2025-09-17 | 2.08 |
| 2025-09-16 | 2.09 |
| 2025-09-15 | 2.09 |
| 2025-09-12 | 2.10 |
| 2025-09-11 | 2.12 |
| 2025-09-10 | 2.09 |
| 2025-09-09 | 2.11 |
| 2025-09-08 | 2.14 |
| 2025-09-05 | 2.18 |
| 2025-09-04 | 2.17 |
| 2025-09-03 | 2.15 |
| 2025-09-02 | 2.14 |
| 2025-08-29 | 2.18 |
Showing the most recent 260 of 2,847 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.