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 44.38 is 60% above its estimated 5-year average of 27.79, around the middle of its estimated 5-year range (12.70–116.83).
As of 2026-09-09T19:59:59.000Z. 22.77% above its estimated 12-month average of 36.15.
Quote observation: 2026-09-09T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 7a05b66d76920190a1c6f9f4d3881a1b62bf86a95af0bef1826c4f32fcd91653
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 2026-09-09.
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
44.38
PS RATIO AVG TTM
36.15
PS RATIO AVG 3Y
28.30
PS RATIO AVG 5Y
27.79
PS RATIO AVG 10Y
N/A
PS RATIO AVG 15Y
N/A
PS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+22.77%
CURRENT VS 3Y AVG
+56.83%
CURRENT VS 5Y AVG
+59.69%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.65
median of 190 covered companies
CURRENT VS SECTOR MEDIAN
+566.87%
vs the sector median at left
Market Cap
$106.02B
PS Ratio
4.83
TTM Avg
4.69
3Y Avg
5.43
5Y Avg
5.58
Market Cap
$90.59B
PS Ratio
3.98
TTM Avg
2.67
3Y Avg
1.65
5Y Avg
1.28
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cloudflare, Inc. (NET) | $111.50B | 44.38 | 36.15 | 28.30 | 27.79 |
| Snowflake Inc. (SNOW)vs › | $114.89B | 21.14 | 16.75 | 17.46 | 30.07 |
| Fortinet, Inc. (FTNT)vs › | $115.35B | 15.32 | 11.54 | 11.06 | 11.94 |
| Accenture plc (ACN)vs › | $107.58B | 1.47 | 1.86 | 2.74 | 3.01 |
| Automatic Data Processing, Inc. (ADP)vs › | $106.02B | 4.83 | 4.69 | 5.43 | 5.58 |
| AppLovin Corporation (APP)vs › | $102.48B | 15.01 | 32.25 | 22.23 | 15.62 |
| Adobe Inc. (ADBE)vs › | $101.31B | 4.02 | 4.97 | 8.84 | 10.36 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $90.59B | 3.98 | 2.67 | 1.65 | 1.28 |
| ServiceNow, Inc. (NOW)vs › | $135.55B | 9.20 | 10.48 | 15.11 | 15.53 |
| Intuit Inc. (INTU)vs › | $85.87B | N/A | 6.76 | 9.66 | 10.20 |
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 | $562,027,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-10-30 |
| Q4 FY2025Period ended 2025-12-31 | $614,507,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-02-26 |
| Q1 FY2026Period ended 2026-03-31 | $639,755,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-05-08 |
| Q2 FY2026Period ended 2026-06-30 | $696,061,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-08-06 |
| TTM revenue | $2,512,350,000 |
Current P/S: $111,497,154,873 market capitalization ÷ $2,512,350,000 TTM revenue = 44.38x.
Market capitalization source: FMP quote. Quote observed 2026-09-09T19:59:59.000Z. Latest revenue period ended 2026-06-30.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
At 44.38, P/S is above its estimated 7-year median — higher than 78% of readings in its estimated 7-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 7-year low
12.70
median
26.80
estimated 7-year high
116.83
P/S Ratio
44.38
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 |
|---|---|
| 2026-09-09 | 44.31 |
| 2026-09-08 | 40.10 |
| 2026-09-04 | 39.34 |
| 2026-09-03 | 40.13 |
| 2026-09-02 | 38.47 |
| 2026-09-01 | 40.27 |
| 2026-08-31 | 43.03 |
| 2026-08-28 | 42.29 |
| 2026-08-27 | 43.47 |
| 2026-08-26 | 40.18 |
| 2026-08-25 | 39.15 |
| 2026-08-24 | 39.54 |
| 2026-08-21 | 41.34 |
| 2026-08-20 | 39.34 |
| 2026-08-19 | 41.17 |
| 2026-08-18 | 42.50 |
| 2026-08-17 | 43.30 |
| 2026-08-14 | 44.54 |
| 2026-08-13 | 46.66 |
| 2026-08-12 | 43.93 |
| 2026-08-11 | 43.29 |
| 2026-08-10 | 43.80 |
| 2026-08-07 | 42.35 |
| 2026-08-06 | 43.07 |
| 2026-08-05 | 44.36 |
| 2026-08-04 | 45.63 |
| 2026-08-03 | 42.82 |
| 2026-07-31 | 42.25 |
| 2026-07-30 | 42.91 |
| 2026-07-29 | 40.94 |
| 2026-07-28 | 39.99 |
| 2026-07-27 | 40.22 |
| 2026-07-24 | 39.70 |
| 2026-07-23 | 39.72 |
| 2026-07-22 | 40.73 |
| 2026-07-21 | 41.24 |
| 2026-07-20 | 41.25 |
| 2026-07-17 | 42.05 |
| 2026-07-16 | 41.26 |
| 2026-07-15 | 41.35 |
| 2026-07-14 | 42.67 |
| 2026-07-13 | 40.82 |
| 2026-07-10 | 40.64 |
| 2026-07-09 | 41.76 |
| 2026-07-08 | 41.40 |
| 2026-07-07 | 40.71 |
| 2026-07-06 | 37.49 |
| 2026-07-02 | 36.71 |
| 2026-07-01 | 37.30 |
| 2026-06-30 | 37.14 |
| 2026-06-29 | 36.91 |
| 2026-06-26 | 35.93 |
| 2026-06-25 | 34.32 |
| 2026-06-24 | 33.84 |
| 2026-06-23 | 34.06 |
| 2026-06-22 | 33.07 |
| 2026-06-18 | 33.93 |
| 2026-06-17 | 34.36 |
| 2026-06-16 | 34.98 |
| 2026-06-15 | 35.69 |
| 2026-06-12 | 34.60 |
| 2026-06-11 | 34.44 |
| 2026-06-10 | 33.27 |
| 2026-06-09 | 35.76 |
| 2026-06-08 | 37.52 |
| 2026-06-05 | 37.87 |
| 2026-06-04 | 40.68 |
| 2026-06-03 | 40.18 |
| 2026-06-02 | 41.29 |
| 2026-06-01 | 41.01 |
| 2026-05-29 | 36.62 |
| 2026-05-28 | 34.54 |
| 2026-05-27 | 31.68 |
| 2026-05-26 | 32.94 |
| 2026-05-22 | 32.74 |
| 2026-05-21 | 32.20 |
| 2026-05-20 | 31.82 |
| 2026-05-19 | 31.31 |
| 2026-05-18 | 30.55 |
| 2026-05-15 | 29.92 |
| 2026-05-14 | 30.26 |
| 2026-05-13 | 29.17 |
| 2026-05-12 | 28.29 |
| 2026-05-11 | 29.31 |
| 2026-05-08 | 31.76 |
| 2026-05-07 | 41.59 |
| 2026-05-06 | 40.26 |
| 2026-05-05 | 39.58 |
| 2026-05-04 | 36.30 |
| 2026-05-01 | 35.22 |
| 2026-04-30 | 33.19 |
| 2026-04-29 | 34.33 |
| 2026-04-28 | 33.77 |
| 2026-04-27 | 34.39 |
| 2026-04-24 | 33.53 |
| 2026-04-23 | 33.20 |
| 2026-04-22 | 33.61 |
| 2026-04-21 | 33.63 |
| 2026-04-20 | 33.17 |
| 2026-04-17 | 32.55 |
| 2026-04-16 | 31.96 |
| 2026-04-15 | 30.79 |
| 2026-04-14 | 28.93 |
| 2026-04-13 | 29.80 |
| 2026-04-10 | 27.04 |
| 2026-04-09 | 31.26 |
| 2026-04-08 | 34.21 |
| 2026-04-07 | 35.03 |
| 2026-04-06 | 34.30 |
| 2026-04-02 | 34.28 |
| 2026-04-01 | 33.27 |
| 2026-03-31 | 33.42 |
| 2026-03-30 | 31.52 |
| 2026-03-27 | 32.88 |
| 2026-03-26 | 34.03 |
| 2026-03-25 | 35.30 |
| 2026-03-24 | 34.52 |
| 2026-03-23 | 35.73 |
| 2026-03-20 | 34.89 |
| 2026-03-19 | 35.85 |
| 2026-03-18 | 36.52 |
| 2026-03-17 | 34.25 |
| 2026-03-16 | 33.58 |
| 2026-03-13 | 34.41 |
| 2026-03-12 | 34.35 |
| 2026-03-11 | 34.49 |
| 2026-03-10 | 33.60 |
| 2026-03-09 | 32.63 |
| 2026-03-06 | 31.61 |
| 2026-03-05 | 31.14 |
| 2026-03-04 | 30.10 |
| 2026-03-03 | 28.97 |
| 2026-03-02 | 29.32 |
| 2026-02-27 | 27.89 |
| 2026-02-26 | 29.70 |
| 2026-02-25 | 29.21 |
| 2026-02-24 | 27.85 |
| 2026-02-23 | 27.24 |
| 2026-02-20 | 30.12 |
| 2026-02-19 | 32.76 |
| 2026-02-18 | 32.55 |
| 2026-02-17 | 32.93 |
| 2026-02-13 | 33.30 |
| 2026-02-12 | 31.49 |
| 2026-02-11 | 32.21 |
| 2026-02-10 | 30.60 |
| 2026-02-09 | 29.54 |
| 2026-02-06 | 29.45 |
| 2026-02-05 | 27.73 |
| 2026-02-04 | 28.38 |
| 2026-02-03 | 28.96 |
| 2026-02-02 | 31.02 |
| 2026-01-30 | 30.16 |
| 2026-01-29 | 30.67 |
| 2026-01-28 | 31.44 |
| 2026-01-27 | 35.02 |
| 2026-01-26 | 32.20 |
| 2026-01-23 | 29.49 |
| 2026-01-22 | 29.47 |
| 2026-01-21 | 28.90 |
| 2026-01-20 | 30.17 |
| 2026-01-16 | 31.32 |
| 2026-01-15 | 31.31 |
| 2026-01-14 | 32.03 |
| 2026-01-13 | 32.09 |
| 2026-01-12 | 31.69 |
| 2026-01-09 | 31.08 |
| 2026-01-08 | 31.79 |
| 2026-01-07 | 34.49 |
| 2026-01-06 | 33.67 |
| 2026-01-05 | 33.61 |
| 2026-01-02 | 33.33 |
| 2025-12-31 | 33.52 |
| 2025-12-30 | 33.94 |
| 2025-12-29 | 34.13 |
| 2025-12-26 | 34.41 |
| 2025-12-24 | 34.46 |
| 2025-12-23 | 34.36 |
| 2025-12-22 | 34.36 |
| 2025-12-19 | 33.27 |
| 2025-12-18 | 32.96 |
| 2025-12-17 | 32.55 |
| 2025-12-16 | 33.59 |
| 2025-12-15 | 33.45 |
| 2025-12-12 | 34.42 |
| 2025-12-11 | 35.36 |
| 2025-12-10 | 36.30 |
| 2025-12-09 | 35.53 |
| 2025-12-08 | 35.00 |
| 2025-12-05 | 34.17 |
| 2025-12-04 | 34.71 |
| 2025-12-03 | 34.75 |
| 2025-12-02 | 34.22 |
| 2025-12-01 | 33.53 |
| 2025-11-28 | 34.04 |
| 2025-11-26 | 33.50 |
| 2025-11-25 | 33.58 |
| 2025-11-24 | 32.99 |
| 2025-11-21 | 31.69 |
| 2025-11-20 | 32.54 |
| 2025-11-19 | 33.36 |
| 2025-11-18 | 33.42 |
| 2025-11-17 | 34.39 |
| 2025-11-14 | 35.81 |
| 2025-11-13 | 36.31 |
| 2025-11-12 | 38.37 |
| 2025-11-11 | 39.95 |
| 2025-11-10 | 40.90 |
| 2025-11-07 | 39.59 |
| 2025-11-06 | 38.41 |
| 2025-11-05 | 38.86 |
| 2025-11-04 | 39.60 |
| 2025-11-03 | 42.19 |
| 2025-10-31 | 43.07 |
| 2025-10-30 | 41.09 |
| 2025-10-29 | 42.00 |
| 2025-10-28 | 41.37 |
| 2025-10-27 | 41.58 |
| 2025-10-24 | 40.24 |
| 2025-10-23 | 40.11 |
| 2025-10-22 | 38.92 |
| 2025-10-21 | 39.34 |
| 2025-10-20 | 39.35 |
| 2025-10-17 | 38.79 |
| 2025-10-16 | 39.04 |
| 2025-10-15 | 40.15 |
| 2025-10-14 | 40.18 |
| 2025-10-13 | 41.11 |
| 2025-10-10 | 39.49 |
| 2025-10-09 | 40.81 |
| 2025-10-08 | 40.63 |
| 2025-10-07 | 40.15 |
| 2025-10-06 | 40.82 |
| 2025-10-03 | 40.02 |
| 2025-10-02 | 41.47 |
| 2025-10-01 | 40.09 |
| 2025-09-30 | 39.63 |
| 2025-09-29 | 40.37 |
| 2025-09-26 | 39.96 |
| 2025-09-25 | 40.30 |
| 2025-09-24 | 40.18 |
| 2025-09-23 | 41.23 |
| 2025-09-22 | 42.16 |
| 2025-09-19 | 41.73 |
| 2025-09-18 | 41.29 |
| 2025-09-17 | 39.50 |
| 2025-09-16 | 40.49 |
| 2025-09-15 | 41.74 |
| 2025-09-12 | 40.88 |
| 2025-09-11 | 41.49 |
| 2025-09-10 | 41.18 |
| 2025-09-09 | 40.37 |
| 2025-09-08 | 40.25 |
| 2025-09-05 | 39.60 |
| 2025-09-04 | 38.78 |
| 2025-09-03 | 37.99 |
| 2025-09-02 | 38.43 |
| 2025-08-29 | 38.55 |
| 2025-08-28 | 39.42 |
| 2025-08-27 | 37.91 |
Showing the most recent 260 of 1,756 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.