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 4.31 is in line with its 5-year average of 4.27, around the middle of its 5-year range (2.57–6.32).
As of Wednesday, August 5, 2026. 8.02% above its 12-month average of 3.99.
PS RATIO
4.31
PS RATIO AVG TTM
3.99
PS RATIO AVG 3Y
3.67
PS RATIO AVG 5Y
4.27
PS RATIO AVG 10Y
6.44
PS RATIO AVG 15Y
12.37
PS RATIO AVG 20Y
14.43
CURRENT VS TTM AVG
+8.02%
CURRENT VS 3Y AVG
+17.40%
CURRENT VS 5Y AVG
+1.04%
CURRENT VS 10Y AVG
-33.10%
CURRENT VS 15Y AVG
-65.15%
CURRENT VS 20Y AVG
-70.13%
SECTOR MEDIAN · HEALTHCARE
3.44
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+25.29%
vs the sector median at left
Market Cap
$24.72B
PS Ratio
7.48
TTM Avg
6.57
3Y Avg
7.57
5Y Avg
8.30
Market Cap
$26.03B
PS Ratio
2.26
TTM Avg
1.97
3Y Avg
1.83
5Y Avg
1.74
Market Cap
$22.03B
PS Ratio
7.54
TTM Avg
7.39
3Y Avg
6.17
5Y Avg
6.07
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Incyte Corporation (INCY) | $24.28B | 4.31 | 3.99 | 3.67 | 4.27 |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.72B | 7.48 | 6.57 | 7.57 | 8.30 |
| BioNTech SE (BNTX)vs › | $23.16B | 7.10 | 7.29 | 6.98 | 5.33 |
| Labcorp Holdings Inc. (LH)vs › | $25.74B | 1.79 | 1.63 | 1.55 | 1.47 |
| STERIS plc (STE)vs › | $22.68B | 3.86 | 4.07 | 4.28 | 4.50 |
| Quest Diagnostics Incorporated (DGX)vs › | $26.03B | 2.26 | 1.97 | 1.83 | 1.74 |
| Waters Corporation (WAT)vs › | $26.07B | 8.46 | 6.84 | 6.71 | 6.80 |
| Moderna, Inc. (MRNA)vs › | $22.32B | 10.13 | 7.19 | 5.58 | 6.11 |
| United Therapeutics Corporation (UTHR)vs › | $22.03B | 7.54 | 7.39 | 6.17 | 6.07 |
| Viatris Inc. (VTRS)vs › | $20.55B | 1.42 | 1.08 | 0.92 | 0.89 |
At 4.31, P/S is cheaper than usual, sitting higher than 15% of its 20-year history.
20-year low
2.57
median
13.00
20-year high
337.83
P/S Ratio
4.31
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 |
|---|---|
| 2026-08-04 | 4.31 |
| 2026-08-03 | 4.24 |
| 2026-07-31 | 4.28 |
| 2026-07-30 | 4.40 |
| 2026-07-29 | 4.55 |
| 2026-07-28 | 4.65 |
| 2026-07-27 | 4.59 |
| 2026-07-24 | 4.54 |
| 2026-07-23 | 4.50 |
| 2026-07-22 | 4.47 |
| 2026-07-21 | 4.53 |
| 2026-07-20 | 4.46 |
| 2026-07-17 | 4.52 |
| 2026-07-16 | 4.50 |
| 2026-07-15 | 4.44 |
| 2026-07-14 | 4.43 |
| 2026-07-13 | 4.41 |
| 2026-07-10 | 4.50 |
| 2026-07-09 | 4.57 |
| 2026-07-08 | 4.52 |
| 2026-07-07 | 4.55 |
| 2026-07-06 | 4.46 |
| 2026-07-02 | 4.51 |
| 2026-07-01 | 4.39 |
| 2026-06-30 | 4.37 |
| 2026-06-29 | 4.42 |
| 2026-06-26 | 4.39 |
| 2026-06-25 | 4.15 |
| 2026-06-24 | 4.18 |
| 2026-06-23 | 4.03 |
| 2026-06-22 | 4.00 |
| 2026-06-18 | 3.79 |
| 2026-06-17 | 3.82 |
| 2026-06-16 | 3.85 |
| 2026-06-15 | 3.93 |
| 2026-06-12 | 4.19 |
| 2026-06-11 | 4.16 |
| 2026-06-10 | 4.07 |
| 2026-06-09 | 3.98 |
| 2026-06-08 | 3.88 |
| 2026-06-05 | 3.95 |
| 2026-06-04 | 3.91 |
| 2026-06-03 | 3.78 |
| 2026-06-02 | 3.56 |
| 2026-06-01 | 3.69 |
| 2026-05-29 | 3.73 |
| 2026-05-28 | 3.76 |
| 2026-05-27 | 3.76 |
| 2026-05-26 | 3.75 |
| 2026-05-22 | 3.75 |
| 2026-05-21 | 3.76 |
| 2026-05-20 | 3.75 |
| 2026-05-19 | 3.69 |
| 2026-05-18 | 3.67 |
| 2026-05-15 | 3.68 |
| 2026-05-14 | 3.77 |
| 2026-05-13 | 3.81 |
| 2026-05-12 | 3.82 |
| 2026-05-11 | 3.87 |
| 2026-05-08 | 3.80 |
| 2026-05-07 | 3.77 |
| 2026-05-06 | 3.85 |
| 2026-05-05 | 3.76 |
| 2026-05-04 | 3.75 |
| 2026-05-01 | 3.74 |
| 2026-04-30 | 3.68 |
| 2026-04-29 | 3.82 |
| 2026-04-28 | 3.77 |
| 2026-04-27 | 3.81 |
| 2026-04-24 | 3.77 |
| 2026-04-23 | 3.80 |
| 2026-04-22 | 3.85 |
| 2026-04-21 | 3.83 |
| 2026-04-20 | 3.86 |
| 2026-04-17 | 3.90 |
| 2026-04-16 | 3.80 |
| 2026-04-15 | 3.87 |
| 2026-04-14 | 3.89 |
| 2026-04-13 | 3.81 |
| 2026-04-10 | 3.83 |
| 2026-04-09 | 3.86 |
| 2026-04-08 | 3.82 |
| 2026-04-07 | 3.73 |
| 2026-04-06 | 3.78 |
| 2026-04-02 | 3.82 |
| 2026-04-01 | 3.76 |
| 2026-03-31 | 3.75 |
| 2026-03-30 | 3.60 |
| 2026-03-27 | 3.60 |
| 2026-03-26 | 3.67 |
| 2026-03-25 | 3.67 |
| 2026-03-24 | 3.61 |
| 2026-03-23 | 3.60 |
| 2026-03-20 | 3.62 |
| 2026-03-19 | 3.70 |
| 2026-03-18 | 3.67 |
| 2026-03-17 | 3.75 |
| 2026-03-16 | 3.70 |
| 2026-03-13 | 3.69 |
| 2026-03-12 | 3.67 |
| 2026-03-11 | 3.77 |
| 2026-03-10 | 3.82 |
| 2026-03-09 | 3.87 |
| 2026-03-06 | 3.82 |
| 2026-03-05 | 3.88 |
| 2026-03-04 | 3.94 |
| 2026-03-03 | 3.91 |
| 2026-03-02 | 3.98 |
| 2026-02-27 | 4.03 |
| 2026-02-26 | 3.99 |
| 2026-02-25 | 3.98 |
| 2026-02-24 | 4.02 |
| 2026-02-23 | 4.02 |
| 2026-02-20 | 4.04 |
| 2026-02-19 | 4.05 |
| 2026-02-18 | 4.10 |
| 2026-02-17 | 4.03 |
| 2026-02-13 | 4.03 |
| 2026-02-12 | 4.01 |
| 2026-02-11 | 3.94 |
| 2026-02-10 | 3.98 |
| 2026-02-09 | 4.56 |
| 2026-02-06 | 4.54 |
| 2026-02-05 | 4.30 |
| 2026-02-04 | 4.29 |
| 2026-02-03 | 4.22 |
| 2026-02-02 | 4.30 |
| 2026-01-30 | 4.19 |
| 2026-01-29 | 4.23 |
| 2026-01-28 | 4.23 |
| 2026-01-27 | 4.33 |
| 2026-01-26 | 4.29 |
| 2026-01-23 | 4.27 |
| 2026-01-22 | 4.40 |
| 2026-01-21 | 4.38 |
| 2026-01-20 | 4.29 |
| 2026-01-16 | 4.44 |
| 2026-01-15 | 4.40 |
| 2026-01-14 | 4.43 |
| 2026-01-13 | 4.33 |
| 2026-01-12 | 4.45 |
| 2026-01-09 | 4.47 |
| 2026-01-08 | 4.43 |
| 2026-01-07 | 4.63 |
| 2026-01-06 | 4.46 |
| 2026-01-05 | 4.26 |
| 2026-01-02 | 4.24 |
| 2025-12-31 | 4.13 |
| 2025-12-30 | 4.14 |
| 2025-12-29 | 4.16 |
| 2025-12-26 | 4.19 |
| 2025-12-24 | 4.20 |
| 2025-12-23 | 4.22 |
| 2025-12-22 | 4.21 |
| 2025-12-19 | 4.30 |
| 2025-12-18 | 4.07 |
| 2025-12-17 | 4.09 |
| 2025-12-16 | 4.06 |
| 2025-12-15 | 4.13 |
| 2025-12-12 | 3.99 |
| 2025-12-11 | 4.02 |
| 2025-12-10 | 3.98 |
| 2025-12-09 | 3.98 |
| 2025-12-08 | 4.05 |
| 2025-12-05 | 4.29 |
| 2025-12-04 | 4.20 |
| 2025-12-03 | 4.25 |
| 2025-12-02 | 4.25 |
| 2025-12-01 | 4.27 |
| 2025-11-28 | 4.37 |
| 2025-11-26 | 4.42 |
| 2025-11-25 | 4.42 |
| 2025-11-24 | 4.45 |
| 2025-11-21 | 4.27 |
| 2025-11-20 | 4.26 |
| 2025-11-19 | 4.24 |
| 2025-11-18 | 4.35 |
| 2025-11-17 | 4.36 |
| 2025-11-14 | 4.36 |
| 2025-11-13 | 4.41 |
| 2025-11-12 | 4.53 |
| 2025-11-11 | 4.53 |
| 2025-11-10 | 4.44 |
| 2025-11-07 | 4.44 |
| 2025-11-06 | 4.40 |
| 2025-11-05 | 4.42 |
| 2025-11-04 | 4.31 |
| 2025-11-03 | 4.25 |
| 2025-10-31 | 3.91 |
| 2025-10-30 | 3.87 |
| 2025-10-29 | 3.77 |
| 2025-10-28 | 3.84 |
| 2025-10-27 | 4.03 |
| 2025-10-24 | 3.96 |
| 2025-10-23 | 3.87 |
| 2025-10-22 | 3.82 |
| 2025-10-21 | 3.78 |
| 2025-10-20 | 3.74 |
| 2025-10-17 | 3.80 |
| 2025-10-16 | 3.78 |
| 2025-10-15 | 3.82 |
| 2025-10-14 | 3.73 |
| 2025-10-13 | 3.67 |
| 2025-10-10 | 3.63 |
| 2025-10-09 | 3.67 |
| 2025-10-08 | 3.70 |
| 2025-10-07 | 3.78 |
| 2025-10-06 | 3.78 |
| 2025-10-03 | 3.76 |
| 2025-10-02 | 3.74 |
| 2025-10-01 | 3.76 |
| 2025-09-30 | 3.68 |
| 2025-09-29 | 3.64 |
| 2025-09-26 | 3.58 |
| 2025-09-25 | 3.54 |
| 2025-09-24 | 3.65 |
| 2025-09-23 | 3.66 |
| 2025-09-22 | 3.67 |
| 2025-09-19 | 3.75 |
| 2025-09-18 | 3.73 |
| 2025-09-17 | 3.68 |
| 2025-09-16 | 3.64 |
| 2025-09-15 | 3.60 |
| 2025-09-12 | 3.60 |
| 2025-09-11 | 3.74 |
| 2025-09-10 | 3.74 |
| 2025-09-09 | 3.71 |
| 2025-09-08 | 3.75 |
| 2025-09-05 | 3.76 |
| 2025-09-04 | 3.70 |
| 2025-09-03 | 3.77 |
| 2025-09-02 | 3.73 |
| 2025-08-29 | 3.67 |
| 2025-08-28 | 3.63 |
| 2025-08-27 | 3.68 |
| 2025-08-26 | 3.64 |
| 2025-08-25 | 3.67 |
| 2025-08-22 | 3.69 |
| 2025-08-21 | 3.75 |
| 2025-08-20 | 3.74 |
| 2025-08-19 | 3.70 |
| 2025-08-18 | 3.68 |
| 2025-08-15 | 3.77 |
| 2025-08-14 | 3.73 |
| 2025-08-13 | 3.72 |
| 2025-08-12 | 3.54 |
| 2025-08-11 | 3.43 |
| 2025-08-08 | 3.40 |
| 2025-08-07 | 3.39 |
| 2025-08-06 | 3.37 |
| 2025-08-05 | 3.37 |
| 2025-08-04 | 3.38 |
| 2025-08-01 | 3.28 |
| 2025-07-31 | 3.25 |
| 2025-07-30 | 3.36 |
| 2025-07-29 | 3.35 |
| 2025-07-28 | 3.15 |
| 2025-07-25 | 3.15 |
| 2025-07-24 | 3.17 |
| 2025-07-23 | 3.17 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.