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 8.53 is 15% below its estimated 5-year average of 9.98, around the middle of its estimated 5-year range (2.95–15.85).
As of 2026-08-24T00:00:00.000Z. 0.64% below its estimated 12-month average of 8.58.
Quote observation: 2026-08-24T00:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 52dcc1e2a530a45e7ba397d2871f0645326a6cd613d6ac463153434714946854
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 2026-08-24.
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
8.53
PS RATIO AVG TTM
8.58
PS RATIO AVG 3Y
9.57
PS RATIO AVG 5Y
9.98
PS RATIO AVG 10Y
11.00
PS RATIO AVG 15Y
11.69
PS RATIO AVG 20Y
11.31
CURRENT VS TTM AVG
-0.64%
CURRENT VS 3Y AVG
-10.90%
CURRENT VS 5Y AVG
-14.55%
CURRENT VS 10Y AVG
-22.48%
CURRENT VS 15Y AVG
-27.03%
CURRENT VS 20Y AVG
-24.57%
SECTOR MEDIAN · REAL ESTATE
7.18
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+18.80%
vs the sector median at left
Market Cap
$19.24B
PS Ratio
6.70
TTM Avg
7.38
3Y Avg
8.32
5Y Avg
10.44
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AvalonBay Communities, Inc. (AVB) | $26.28B | 8.53 | 8.58 | 9.57 | 9.98 |
| VICI Properties Inc. (VICI)vs › | $27.23B | 6.65 | 7.62 | 8.33 | 9.99 |
| Equity Residential (EQR)vs › | $23.87B | 7.61 | 7.99 | 8.57 | 9.53 |
| Extra Space Storage Inc. (EXR)vs › | $28.83B | 8.41 | 9.10 | 10.06 | 11.72 |
| Crown Castle Inc. (CCI)vs › | $32.28B | 7.76 | 8.25 | 7.68 | 8.68 |
| SBA Communications Corporation (SBAC)vs › | $19.24B | 6.70 | 7.38 | 8.32 | 10.44 |
| Iron Mountain Incorporated (IRM)vs › | $33.59B | 4.44 | 4.65 | 4.59 | 4.01 |
| Essex Property Trust, Inc. (ESS)vs › | $17.44B | 9.05 | 9.05 | 9.59 | 10.43 |
| Invitation Homes Inc. (INVH)vs › | $16.37B | 5.73 | 6.23 | 7.52 | 8.68 |
| Weyerhaeuser Company (WY)vs › | $15.86B | 2.30 | 2.50 | 2.80 | 2.71 |
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 | $764,926,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-11-06 |
| Q4 FY2025Period ended 2025-12-31 | $767,856,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-02-27 |
| Q1 FY2026Period ended 2026-03-31 | $770,279,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-05-07 |
| Q2 FY2026Period ended 2026-06-30 | $777,768,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-07-30 |
| TTM revenue | $3,080,829,000 |
Current P/S: $26,283,393,070 market capitalization ÷ $3,080,829,000 TTM revenue = 8.53x.
Market capitalization source: FMP quote. Quote observed 2026-08-24T00:00:00.000Z. Latest revenue period ended 2026-06-30.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
At 8.53, P/S is below its estimated 20-year median — higher than 10% of readings in its estimated 20-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 20-year low
2.95
median
11.60
estimated 20-year high
15.85
P/S Ratio
8.53
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 |
|---|---|
| 2026-08-24 | 3.14 |
| 2026-08-21 | 3.07 |
| 2026-08-20 | 3.00 |
| 2026-08-19 | 2.96 |
| 2026-08-18 | 2.95 |
| 2026-08-17 | 3.03 |
| 2026-08-14 | 8.47 |
| 2026-08-13 | 8.47 |
| 2026-08-12 | 8.28 |
| 2026-08-11 | 8.37 |
| 2026-08-10 | 8.46 |
| 2026-08-07 | 8.63 |
| 2026-08-06 | 8.59 |
| 2026-08-05 | 8.73 |
| 2026-08-04 | 8.71 |
| 2026-08-03 | 8.69 |
| 2026-07-31 | 8.55 |
| 2026-07-30 | 8.63 |
| 2026-07-29 | 8.85 |
| 2026-07-28 | 8.75 |
| 2026-07-27 | 8.62 |
| 2026-07-24 | 8.72 |
| 2026-07-23 | 8.77 |
| 2026-07-22 | 8.75 |
| 2026-07-21 | 8.76 |
| 2026-07-20 | 8.82 |
| 2026-07-17 | 8.85 |
| 2026-07-16 | 8.99 |
| 2026-07-15 | 8.75 |
| 2026-07-14 | 8.81 |
| 2026-07-13 | 8.94 |
| 2026-07-10 | 8.82 |
| 2026-07-09 | 8.71 |
| 2026-07-08 | 8.69 |
| 2026-07-07 | 8.98 |
| 2026-07-06 | 8.93 |
| 2026-07-02 | 8.92 |
| 2026-07-01 | 8.75 |
| 2026-06-30 | 8.67 |
| 2026-06-29 | 8.86 |
| 2026-06-26 | 8.74 |
| 2026-06-25 | 8.56 |
| 2026-06-24 | 8.44 |
| 2026-06-23 | 8.38 |
| 2026-06-22 | 8.27 |
| 2026-06-18 | 8.15 |
| 2026-06-17 | 8.26 |
| 2026-06-16 | 8.49 |
| 2026-06-15 | 8.48 |
| 2026-06-12 | 8.60 |
| 2026-06-11 | 8.47 |
| 2026-06-10 | 8.58 |
| 2026-06-09 | 8.59 |
| 2026-06-08 | 8.62 |
| 2026-06-05 | 8.72 |
| 2026-06-04 | 8.70 |
| 2026-06-03 | 8.42 |
| 2026-06-02 | 8.43 |
| 2026-06-01 | 8.41 |
| 2026-05-29 | 8.39 |
| 2026-05-28 | 8.50 |
| 2026-05-27 | 8.56 |
| 2026-05-26 | 8.51 |
| 2026-05-22 | 8.53 |
| 2026-05-21 | 8.46 |
| 2026-05-20 | 8.58 |
| 2026-05-19 | 8.51 |
| 2026-05-18 | 8.52 |
| 2026-05-15 | 8.31 |
| 2026-05-14 | 8.44 |
| 2026-05-13 | 8.57 |
| 2026-05-12 | 8.60 |
| 2026-05-11 | 8.61 |
| 2026-05-08 | 8.46 |
| 2026-05-07 | 8.68 |
| 2026-05-06 | 8.71 |
| 2026-05-05 | 8.66 |
| 2026-05-04 | 8.52 |
| 2026-05-01 | 8.57 |
| 2026-04-30 | 8.55 |
| 2026-04-29 | 8.61 |
| 2026-04-28 | 8.57 |
| 2026-04-27 | 8.14 |
| 2026-04-24 | 8.05 |
| 2026-04-23 | 8.10 |
| 2026-04-22 | 8.00 |
| 2026-04-21 | 8.04 |
| 2026-04-20 | 8.24 |
| 2026-04-17 | 8.13 |
| 2026-04-16 | 7.93 |
| 2026-04-15 | 8.00 |
| 2026-04-14 | 7.99 |
| 2026-04-13 | 7.92 |
| 2026-04-10 | 7.93 |
| 2026-04-09 | 7.87 |
| 2026-04-08 | 7.87 |
| 2026-04-07 | 7.84 |
| 2026-04-06 | 7.78 |
| 2026-04-02 | 7.76 |
| 2026-04-01 | 7.70 |
| 2026-03-31 | 7.63 |
| 2026-03-30 | 7.55 |
| 2026-03-27 | 7.51 |
| 2026-03-26 | 7.64 |
| 2026-03-25 | 7.65 |
| 2026-03-24 | 7.64 |
| 2026-03-23 | 7.63 |
| 2026-03-20 | 7.54 |
| 2026-03-19 | 7.72 |
| 2026-03-18 | 7.76 |
| 2026-03-17 | 7.97 |
| 2026-03-16 | 7.90 |
| 2026-03-13 | 7.89 |
| 2026-03-12 | 7.99 |
| 2026-03-11 | 8.03 |
| 2026-03-10 | 8.15 |
| 2026-03-09 | 8.26 |
| 2026-03-06 | 8.31 |
| 2026-03-05 | 8.38 |
| 2026-03-04 | 8.32 |
| 2026-03-03 | 8.29 |
| 2026-03-02 | 8.36 |
| 2026-02-27 | 8.45 |
| 2026-02-26 | 8.56 |
| 2026-02-25 | 8.50 |
| 2026-02-24 | 8.46 |
| 2026-02-23 | 8.41 |
| 2026-02-20 | 8.46 |
| 2026-02-19 | 8.46 |
| 2026-02-18 | 8.49 |
| 2026-02-17 | 8.47 |
| 2026-02-13 | 8.40 |
| 2026-02-12 | 8.35 |
| 2026-02-11 | 8.57 |
| 2026-02-10 | 8.46 |
| 2026-02-09 | 8.27 |
| 2026-02-06 | 8.29 |
| 2026-02-05 | 8.09 |
| 2026-02-04 | 8.47 |
| 2026-02-03 | 8.31 |
| 2026-02-02 | 8.36 |
| 2026-01-30 | 8.47 |
| 2026-01-29 | 8.33 |
| 2026-01-28 | 8.24 |
| 2026-01-27 | 8.39 |
| 2026-01-26 | 8.47 |
| 2026-01-23 | 8.52 |
| 2026-01-22 | 8.38 |
| 2026-01-21 | 8.53 |
| 2026-01-20 | 8.50 |
| 2026-01-16 | 8.69 |
| 2026-01-15 | 8.62 |
| 2026-01-14 | 8.59 |
| 2026-01-13 | 8.52 |
| 2026-01-12 | 8.50 |
| 2026-01-09 | 8.55 |
| 2026-01-08 | 8.77 |
| 2026-01-07 | 8.56 |
| 2026-01-06 | 8.76 |
| 2026-01-05 | 8.59 |
| 2026-01-02 | 8.60 |
| 2025-12-31 | 8.64 |
| 2025-12-30 | 8.82 |
| 2025-12-29 | 8.76 |
| 2025-12-26 | 8.73 |
| 2025-12-24 | 8.73 |
| 2025-12-23 | 8.66 |
| 2025-12-22 | 8.70 |
| 2025-12-19 | 8.54 |
| 2025-12-18 | 8.64 |
| 2025-12-17 | 8.64 |
| 2025-12-16 | 8.43 |
| 2025-12-15 | 8.47 |
| 2025-12-12 | 8.43 |
| 2025-12-11 | 8.39 |
| 2025-12-10 | 8.40 |
| 2025-12-09 | 8.36 |
| 2025-12-08 | 8.47 |
| 2025-12-05 | 8.48 |
| 2025-12-04 | 8.55 |
| 2025-12-03 | 8.65 |
| 2025-12-02 | 8.63 |
| 2025-12-01 | 8.56 |
| 2025-11-28 | 8.67 |
| 2025-11-26 | 8.67 |
| 2025-11-25 | 8.66 |
| 2025-11-24 | 8.60 |
| 2025-11-21 | 8.61 |
| 2025-11-20 | 8.44 |
| 2025-11-19 | 8.43 |
| 2025-11-18 | 8.46 |
| 2025-11-17 | 8.46 |
| 2025-11-14 | 8.47 |
| 2025-11-13 | 8.44 |
| 2025-11-12 | 8.49 |
| 2025-11-11 | 8.52 |
| 2025-11-10 | 8.42 |
| 2025-11-07 | 8.45 |
| 2025-11-06 | 8.42 |
| 2025-11-05 | 8.54 |
| 2025-11-04 | 8.46 |
| 2025-11-03 | 8.43 |
| 2025-10-31 | 8.36 |
| 2025-10-30 | 8.40 |
| 2025-10-29 | 8.47 |
| 2025-10-28 | 8.85 |
| 2025-10-27 | 9.05 |
| 2025-10-24 | 9.11 |
| 2025-10-23 | 9.09 |
| 2025-10-22 | 9.10 |
| 2025-10-21 | 8.99 |
| 2025-10-20 | 8.99 |
| 2025-10-17 | 8.99 |
| 2025-10-16 | 8.87 |
| 2025-10-15 | 8.84 |
| 2025-10-14 | 8.91 |
| 2025-10-13 | 8.88 |
| 2025-10-10 | 8.87 |
| 2025-10-09 | 8.93 |
| 2025-10-08 | 8.96 |
| 2025-10-07 | 9.01 |
| 2025-10-06 | 9.02 |
| 2025-10-03 | 9.17 |
| 2025-10-02 | 9.14 |
| 2025-10-01 | 9.20 |
| 2025-09-30 | 9.29 |
| 2025-09-29 | 9.30 |
| 2025-09-26 | 9.37 |
| 2025-09-25 | 9.21 |
| 2025-09-24 | 9.27 |
| 2025-09-23 | 9.34 |
| 2025-09-22 | 9.28 |
| 2025-09-19 | 9.28 |
| 2025-09-18 | 9.31 |
| 2025-09-17 | 9.26 |
| 2025-09-16 | 9.24 |
| 2025-09-15 | 9.27 |
| 2025-09-12 | 9.38 |
| 2025-09-11 | 9.46 |
| 2025-09-10 | 9.26 |
| 2025-09-09 | 9.39 |
| 2025-09-08 | 9.35 |
| 2025-09-05 | 9.39 |
| 2025-09-04 | 9.26 |
| 2025-09-03 | 9.18 |
| 2025-09-02 | 9.09 |
| 2025-08-29 | 9.41 |
| 2025-08-28 | 9.35 |
| 2025-08-27 | 9.33 |
| 2025-08-26 | 9.23 |
| 2025-08-25 | 9.24 |
| 2025-08-22 | 9.31 |
| 2025-08-21 | 9.15 |
| 2025-08-20 | 9.16 |
| 2025-08-19 | 9.20 |
| 2025-08-18 | 9.05 |
| 2025-08-15 | 9.16 |
| 2025-08-14 | 9.10 |
| 2025-08-13 | 9.18 |
| 2025-08-12 | 8.99 |
Showing the most recent 260 of 5,030 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.