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 16.24 is in line with its estimated 5-year average of 15.62, near the low end of its estimated 5-year range (1.21–53.16).
As of 2026-09-21T20:00:51.994Z. 49.32% below its estimated 12-month average of 32.04.
Calculation as of: 2026-09-21T20:00:51.994Z.
Quote observation: 2026-09-21T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 33bfee72cb840137ce958392a72e529e8c263bd6d87e7112051edada42d2ba57
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
16.24
PS RATIO AVG TTM
32.04
PS RATIO AVG 3Y
22.21
PS RATIO AVG 5Y
15.62
PS RATIO AVG 10Y
N/A
PS RATIO AVG 15Y
N/A
PS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-49.32%
CURRENT VS 3Y AVG
-26.88%
CURRENT VS 5Y AVG
+3.95%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.35
median of 190 covered companies
CURRENT VS SECTOR MEDIAN
+155.75%
vs the sector median at left
Market Cap
$107.90B
PS Ratio
4.92
TTM Avg
4.69
3Y Avg
5.43
5Y Avg
5.58
Market Cap
$96.11B
PS Ratio
4.23
TTM Avg
2.69
3Y Avg
1.66
5Y Avg
1.28
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppLovin Corporation (APP) | $110.92B | 16.24 | 32.04 | 22.21 | 15.62 |
| Accenture plc (ACN)vs › | $113.89B | 1.56 | 1.85 | 2.73 | 3.00 |
| Automatic Data Processing, Inc. (ADP)vs › | $107.90B | 4.92 | 4.69 | 5.43 | 5.58 |
| Snowflake Inc. (SNOW)vs › | $116.72B | 21.48 | 16.78 | 17.48 | 29.93 |
| Adobe Inc. (ADBE)vs › | $99.18B | 3.82 | 4.95 | 8.83 | 10.33 |
| Cloudflare, Inc. (NET)vs › | $124.85B | 49.69 | 36.17 | 28.34 | 31.75 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $96.11B | 4.23 | 2.69 | 1.66 | 1.28 |
| Fortinet, Inc. (FTNT)vs › | $128.57B | 17.08 | 11.58 | 11.07 | 11.94 |
| Datadog, Inc. (DDOG)vs › | $87.23B | 21.99 | 18.31 | 18.21 | 23.29 |
| Corning Inc (GLW)vs › | $136.94B | 8.07 | 7.28 | 4.29 | 3.43 |
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 | $1,405,045,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-11-05 |
| Q4 FY2025Period ended 2025-12-31 | $1,657,944,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-02-19 |
| Q1 FY2026Period ended 2026-03-31 | $1,842,449,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-05-06 |
| Q2 FY2026Period ended 2026-06-30 | $1,923,686,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-08-05 |
| TTM revenue | $6,829,124,000 |
Current P/S: $110,917,147,687 market capitalization ÷ $6,829,124,000 TTM revenue = 16.24x.
Market capitalization source: FMP quote. Quote observed 2026-09-21T20:00:01.000Z. Latest revenue period ended 2026-06-30.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
At 16.24, P/S is above its estimated 5-year median — higher than 67% of readings in its estimated 5-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 5-year low
1.21
median
8.75
estimated 5-year high
53.16
P/S Ratio
16.24
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 | 16.03 |
| 2026-09-10 | 15.56 |
| 2026-09-09 | 15.09 |
| 2026-09-08 | 15.44 |
| 2026-09-04 | 15.86 |
| 2026-09-03 | 15.51 |
| 2026-09-02 | 15.79 |
| 2026-09-01 | 15.42 |
| 2026-08-31 | 15.44 |
| 2026-08-28 | 15.72 |
| 2026-08-27 | 15.47 |
| 2026-08-26 | 15.24 |
| 2026-08-25 | 15.36 |
| 2026-08-24 | 14.77 |
| 2026-08-21 | 15.13 |
| 2026-08-20 | 15.28 |
| 2026-08-19 | 15.38 |
| 2026-08-18 | 15.20 |
| 2026-08-17 | 15.44 |
| 2026-08-14 | 15.61 |
| 2026-08-13 | 15.47 |
| 2026-08-12 | 15.03 |
| 2026-08-11 | 15.77 |
| 2026-08-10 | 16.77 |
| 2026-08-07 | 17.16 |
| 2026-08-06 | 16.61 |
| 2026-08-05 | 22.96 |
| 2026-08-04 | 23.06 |
| 2026-08-03 | 22.32 |
| 2026-07-31 | 21.76 |
| 2026-07-30 | 22.19 |
| 2026-07-29 | 21.95 |
| 2026-07-28 | 22.98 |
| 2026-07-27 | 22.68 |
| 2026-07-24 | 21.54 |
| 2026-07-23 | 21.92 |
| 2026-07-22 | 22.67 |
| 2026-07-21 | 23.56 |
| 2026-07-20 | 23.33 |
| 2026-07-17 | 23.33 |
| 2026-07-16 | 23.88 |
| 2026-07-15 | 24.88 |
| 2026-07-14 | 24.67 |
| 2026-07-13 | 24.34 |
| 2026-07-10 | 27.86 |
| 2026-07-09 | 28.60 |
| 2026-07-08 | 28.69 |
| 2026-07-07 | 29.01 |
| 2026-07-06 | 29.88 |
| 2026-07-02 | 28.96 |
| 2026-07-01 | 31.03 |
| 2026-06-30 | 28.31 |
| 2026-06-29 | 27.41 |
| 2026-06-26 | 26.22 |
| 2026-06-25 | 24.50 |
| 2026-06-24 | 25.55 |
| 2026-06-23 | 25.66 |
| 2026-06-22 | 25.79 |
| 2026-06-18 | 25.81 |
| 2026-06-17 | 26.35 |
| 2026-06-16 | 28.31 |
| 2026-06-15 | 28.62 |
| 2026-06-12 | 27.30 |
| 2026-06-11 | 26.30 |
| 2026-06-10 | 27.09 |
| 2026-06-09 | 28.62 |
| 2026-06-08 | 30.98 |
| 2026-06-05 | 30.62 |
| 2026-06-04 | 30.71 |
| 2026-06-03 | 31.37 |
| 2026-06-02 | 33.28 |
| 2026-06-01 | 33.72 |
| 2026-05-29 | 33.69 |
| 2026-05-28 | 32.96 |
| 2026-05-27 | 31.20 |
| 2026-05-26 | 28.26 |
| 2026-05-22 | 26.47 |
| 2026-05-21 | 26.70 |
| 2026-05-20 | 26.50 |
| 2026-05-19 | 26.21 |
| 2026-05-18 | 27.06 |
| 2026-05-15 | 27.53 |
| 2026-05-14 | 26.66 |
| 2026-05-13 | 24.92 |
| 2026-05-12 | 26.96 |
| 2026-05-11 | 26.29 |
| 2026-05-08 | 25.75 |
| 2026-05-07 | 27.41 |
| 2026-05-06 | 29.08 |
| 2026-05-05 | 29.65 |
| 2026-05-04 | 29.46 |
| 2026-05-01 | 28.53 |
| 2026-04-30 | 27.68 |
| 2026-04-29 | 27.50 |
| 2026-04-28 | 27.85 |
| 2026-04-27 | 28.55 |
| 2026-04-24 | 27.80 |
| 2026-04-23 | 28.17 |
| 2026-04-22 | 30.00 |
| 2026-04-21 | 29.35 |
| 2026-04-20 | 30.45 |
| 2026-04-17 | 29.59 |
| 2026-04-16 | 28.91 |
| 2026-04-15 | 28.81 |
| 2026-04-14 | 26.89 |
| 2026-04-13 | 25.89 |
| 2026-04-10 | 24.27 |
| 2026-04-09 | 23.51 |
| 2026-04-08 | 24.26 |
| 2026-04-07 | 25.45 |
| 2026-04-06 | 25.59 |
| 2026-04-02 | 23.96 |
| 2026-04-01 | 24.05 |
| 2026-03-31 | 24.68 |
| 2026-03-30 | 23.08 |
| 2026-03-27 | 23.64 |
| 2026-03-26 | 24.26 |
| 2026-03-25 | 27.08 |
| 2026-03-24 | 27.03 |
| 2026-03-23 | 28.46 |
| 2026-03-20 | 27.44 |
| 2026-03-19 | 27.28 |
| 2026-03-18 | 27.45 |
| 2026-03-17 | 28.47 |
| 2026-03-16 | 28.11 |
| 2026-03-13 | 28.45 |
| 2026-03-12 | 27.87 |
| 2026-03-11 | 28.62 |
| 2026-03-10 | 29.61 |
| 2026-03-09 | 32.08 |
| 2026-03-06 | 31.14 |
| 2026-03-05 | 31.54 |
| 2026-03-04 | 29.94 |
| 2026-03-03 | 27.22 |
| 2026-03-02 | 26.85 |
| 2026-02-27 | 26.96 |
| 2026-02-26 | 27.59 |
| 2026-02-25 | 26.15 |
| 2026-02-24 | 24.39 |
| 2026-02-23 | 23.60 |
| 2026-02-20 | 25.97 |
| 2026-02-19 | 27.04 |
| 2026-02-18 | 26.54 |
| 2026-02-17 | 24.70 |
| 2026-02-13 | 25.63 |
| 2026-02-12 | 24.08 |
| 2026-02-11 | 29.98 |
| 2026-02-10 | 31.04 |
| 2026-02-09 | 30.21 |
| 2026-02-06 | 26.69 |
| 2026-02-05 | 24.63 |
| 2026-02-04 | 25.42 |
| 2026-02-03 | 30.31 |
| 2026-02-02 | 31.70 |
| 2026-01-30 | 31.05 |
| 2026-01-29 | 37.36 |
| 2026-01-28 | 35.59 |
| 2026-01-27 | 35.67 |
| 2026-01-26 | 35.14 |
| 2026-01-23 | 34.42 |
| 2026-01-22 | 34.25 |
| 2026-01-21 | 34.95 |
| 2026-01-20 | 37.11 |
| 2026-01-16 | 37.33 |
| 2026-01-15 | 39.84 |
| 2026-01-14 | 40.54 |
| 2026-01-13 | 43.88 |
| 2026-01-12 | 43.23 |
| 2026-01-09 | 42.51 |
| 2026-01-08 | 40.46 |
| 2026-01-07 | 41.54 |
| 2026-01-06 | 40.51 |
| 2026-01-05 | 41.54 |
| 2026-01-02 | 40.58 |
| 2025-12-31 | 44.22 |
| 2025-12-30 | 45.53 |
| 2025-12-29 | 45.86 |
| 2025-12-26 | 46.87 |
| 2025-12-24 | 47.74 |
| 2025-12-23 | 47.81 |
| 2025-12-22 | 48.14 |
| 2025-12-19 | 47.34 |
| 2025-12-18 | 45.57 |
| 2025-12-17 | 43.13 |
| 2025-12-16 | 44.45 |
| 2025-12-15 | 44.31 |
| 2025-12-12 | 44.01 |
| 2025-12-11 | 47.05 |
| 2025-12-10 | 46.15 |
| 2025-12-09 | 47.56 |
| 2025-12-08 | 45.27 |
| 2025-12-05 | 45.41 |
| 2025-12-04 | 44.88 |
| 2025-12-03 | 43.46 |
| 2025-12-02 | 42.86 |
| 2025-12-01 | 40.93 |
| 2025-11-28 | 39.34 |
| 2025-11-26 | 38.48 |
| 2025-11-25 | 36.49 |
| 2025-11-24 | 36.74 |
| 2025-11-21 | 34.14 |
| 2025-11-20 | 34.18 |
| 2025-11-19 | 34.79 |
| 2025-11-18 | 34.52 |
| 2025-11-17 | 35.39 |
| 2025-11-14 | 36.60 |
| 2025-11-13 | 36.50 |
| 2025-11-12 | 38.38 |
| 2025-11-11 | 39.04 |
| 2025-11-10 | 42.74 |
| 2025-11-07 | 40.68 |
| 2025-11-06 | 40.78 |
| 2025-11-05 | 45.65 |
| 2025-11-04 | 45.03 |
| 2025-11-03 | 46.76 |
| 2025-10-31 | 47.15 |
| 2025-10-30 | 45.91 |
| 2025-10-29 | 46.69 |
| 2025-10-28 | 46.37 |
| 2025-10-27 | 47.57 |
| 2025-10-24 | 45.87 |
| 2025-10-23 | 43.62 |
| 2025-10-22 | 41.78 |
| 2025-10-21 | 40.88 |
| 2025-10-20 | 41.87 |
| 2025-10-17 | 44.34 |
| 2025-10-16 | 44.81 |
| 2025-10-15 | 44.56 |
| 2025-10-14 | 43.65 |
| 2025-10-13 | 43.65 |
| 2025-10-10 | 42.16 |
| 2025-10-09 | 44.41 |
| 2025-10-08 | 46.58 |
| 2025-10-07 | 46.74 |
| 2025-10-06 | 43.42 |
| 2025-10-03 | 50.51 |
| 2025-10-02 | 50.57 |
| 2025-10-01 | 52.09 |
| 2025-09-30 | 53.16 |
| 2025-09-29 | 52.70 |
| 2025-09-26 | 49.55 |
| 2025-09-25 | 47.34 |
| 2025-09-24 | 47.49 |
| 2025-09-23 | 48.17 |
| 2025-09-22 | 47.60 |
| 2025-09-19 | 48.05 |
| 2025-09-18 | 45.98 |
| 2025-09-17 | 44.88 |
| 2025-09-16 | 44.67 |
| 2025-09-15 | 43.88 |
| 2025-09-12 | 43.05 |
| 2025-09-11 | 42.26 |
| 2025-09-10 | 41.95 |
| 2025-09-09 | 41.29 |
| 2025-09-08 | 40.47 |
| 2025-09-05 | 36.27 |
| 2025-09-04 | 36.99 |
| 2025-09-03 | 36.05 |
| 2025-09-02 | 35.64 |
| 2025-08-29 | 35.40 |
Showing the most recent 260 of 1,359 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.