Basis: Stored price-to-sales ratio. 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 22.43 is 71% above its estimated 5-year average of 13.11, near the high end of its estimated 5-year range (7.81–27.78).
As of Tuesday, September 8, 2026. 35.31% above its estimated 12-month average of 16.58.
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. Historical series through 2026-09-08.
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
22.43
PS RATIO AVG TTM
16.58
PS RATIO AVG 3Y
14.72
PS RATIO AVG 5Y
13.11
PS RATIO AVG 10Y
10.47
PS RATIO AVG 15Y
11.15
PS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+35.31%
CURRENT VS 3Y AVG
+52.40%
CURRENT VS 5Y AVG
+71.14%
CURRENT VS 10Y AVG
+114.23%
CURRENT VS 15Y AVG
+101.15%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.52
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+244.02%
vs the sector median at left
Palo Alto Networks, Inc.
Market Cap
$273.11B
PS Ratio
22.43
TTM Avg
16.58
3Y Avg
14.72
5Y Avg
13.11
Market Cap
$282.20B
PS Ratio
54.68
TTM Avg
43.90
3Y Avg
39.66
5Y Avg
39.66
Market Cap
$238.90B
PS Ratio
12.25
TTM Avg
11.52
3Y Avg
10.58
5Y Avg
9.78
Market Cap
$226.06B
PS Ratio
3.20
TTM Avg
3.80
3Y Avg
3.34
5Y Avg
2.80
Market Cap
$211.59B
PS Ratio
40.40
TTM Avg
29.80
3Y Avg
25.80
5Y Avg
25.53
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $273.11B | 22.43 | 16.58 | 14.72 | 13.11 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $282.20B | 54.68 | 43.90 | 39.66 | 39.66 |
| Sandisk Corporation (SNDK)vs › | $261.26B | 13.30 | 11.16 | 7.47 | 7.47 |
| SAP SE (SAP)vs › | $243.69B | 5.52 | 5.91 | 6.81 | 5.80 |
| Arista Networks, Inc. (ANET)vs › | $242.93B | 23.58 | 21.33 | 18.25 | 15.55 |
| KLA Corporation (KLAC)vs › | $238.93B | 18.36 | 16.37 | 11.60 | 9.45 |
| Texas Instruments Incorporated (TXN)vs › | $238.90B | 12.25 | 11.52 | 10.58 | 9.78 |
| International Business Machines Corporation (IBM)vs › | $226.06B | 3.20 | 3.80 | 3.34 | 2.80 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $211.59B | 40.40 | 29.80 | 25.80 | 25.53 |
| Marvell Technology, Inc. (MRVL)vs › | $205.81B | 21.97 | 14.75 | 12.45 | 11.50 |
The four-quarter calculation detail is unavailable for this stored observation.
The current P/S calculation cannot be reconciled from the stored quote and revenue inputs.
These references are supplied through FMP. Full filing context identifiers and dimensional metadata are unavailable in the normalized feed.
At 22.43, P/S is above its estimated 14-year median — higher than 99% of readings in its estimated 14-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 14-year low
4.18
median
10.46
estimated 14-year high
27.78
P/S Ratio
22.43
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 |
|---|---|
| 2026-09-08 | 22.43 |
| 2026-09-04 | 22.18 |
| 2026-09-03 | 22.09 |
| 2026-09-02 | 21.86 |
| 2026-09-01 | 24.10 |
| 2026-08-31 | 26.81 |
| 2026-08-28 | 26.07 |
| 2026-08-27 | 26.86 |
| 2026-08-26 | 23.80 |
| 2026-08-25 | 23.84 |
| 2026-08-24 | 24.61 |
| 2026-08-21 | 25.10 |
| 2026-08-20 | 24.52 |
| 2026-08-19 | 25.24 |
| 2026-08-18 | 26.24 |
| 2026-08-17 | 26.36 |
| 2026-08-14 | 26.96 |
| 2026-08-13 | 27.78 |
| 2026-08-12 | 27.15 |
| 2026-08-11 | 26.92 |
| 2026-08-10 | 27.01 |
| 2026-08-07 | 25.52 |
| 2026-08-06 | 25.22 |
| 2026-08-05 | 25.44 |
| 2026-08-04 | 25.70 |
| 2026-08-03 | 24.35 |
| 2026-07-31 | 23.28 |
| 2026-07-30 | 22.85 |
| 2026-07-29 | 22.04 |
| 2026-07-28 | 22.38 |
| 2026-07-27 | 22.26 |
| 2026-07-24 | 22.71 |
| 2026-07-23 | 22.84 |
| 2026-07-22 | 23.52 |
| 2026-07-21 | 24.00 |
| 2026-07-20 | 24.46 |
| 2026-07-17 | 25.16 |
| 2026-07-16 | 24.83 |
| 2026-07-15 | 24.83 |
| 2026-07-14 | 24.75 |
| 2026-07-13 | 23.17 |
| 2026-07-10 | 22.86 |
| 2026-07-09 | 23.73 |
| 2026-07-08 | 22.49 |
| 2026-07-07 | 23.64 |
| 2026-07-06 | 25.08 |
| 2026-07-02 | 24.42 |
| 2026-07-01 | 24.69 |
| 2026-06-30 | 23.92 |
| 2026-06-29 | 23.29 |
| 2026-06-26 | 21.34 |
| 2026-06-25 | 20.56 |
| 2026-06-24 | 20.01 |
| 2026-06-23 | 20.41 |
| 2026-06-22 | 20.09 |
| 2026-06-18 | 20.19 |
| 2026-06-17 | 19.79 |
| 2026-06-16 | 19.63 |
| 2026-06-15 | 19.96 |
| 2026-06-12 | 19.61 |
| 2026-06-11 | 19.61 |
| 2026-06-10 | 18.46 |
| 2026-06-09 | 18.27 |
| 2026-06-08 | 18.68 |
| 2026-06-05 | 19.08 |
| 2026-06-04 | 19.59 |
| 2026-06-03 | 19.67 |
| 2026-06-02 | 20.85 |
| 2026-06-01 | 21.66 |
| 2026-05-29 | 20.30 |
| 2026-05-28 | 18.58 |
| 2026-05-27 | 17.91 |
| 2026-05-26 | 18.50 |
| 2026-05-22 | 18.78 |
| 2026-05-21 | 18.23 |
| 2026-05-20 | 17.78 |
| 2026-05-19 | 17.31 |
| 2026-05-18 | 17.84 |
| 2026-05-15 | 17.50 |
| 2026-05-14 | 17.17 |
| 2026-05-13 | 16.42 |
| 2026-05-12 | 15.54 |
| 2026-05-11 | 15.40 |
| 2026-05-08 | 14.98 |
| 2026-05-07 | 14.16 |
| 2026-05-06 | 13.24 |
| 2026-05-05 | 13.26 |
| 2026-05-04 | 13.30 |
| 2026-05-01 | 13.05 |
| 2026-04-30 | 12.92 |
| 2026-04-29 | 13.08 |
| 2026-04-28 | 13.04 |
| 2026-04-27 | 13.18 |
| 2026-04-24 | 12.87 |
| 2026-04-23 | 12.48 |
| 2026-04-22 | 13.06 |
| 2026-04-21 | 12.61 |
| 2026-04-20 | 12.22 |
| 2026-04-17 | 12.10 |
| 2026-04-16 | 12.03 |
| 2026-04-15 | 11.83 |
| 2026-04-14 | 11.65 |
| 2026-04-13 | 11.71 |
| 2026-04-10 | 11.22 |
| 2026-04-09 | 12.03 |
| 2026-04-08 | 12.52 |
| 2026-04-07 | 12.24 |
| 2026-04-06 | 11.67 |
| 2026-04-02 | 11.76 |
| 2026-04-01 | 11.58 |
| 2026-03-31 | 11.55 |
| 2026-03-30 | 11.12 |
| 2026-03-27 | 10.60 |
| 2026-03-26 | 11.27 |
| 2026-03-25 | 11.04 |
| 2026-03-24 | 11.33 |
| 2026-03-23 | 11.82 |
| 2026-03-20 | 11.74 |
| 2026-03-19 | 12.23 |
| 2026-03-18 | 12.17 |
| 2026-03-17 | 12.19 |
| 2026-03-16 | 12.07 |
| 2026-03-13 | 12.04 |
| 2026-03-12 | 12.12 |
| 2026-03-11 | 11.89 |
| 2026-03-10 | 11.93 |
| 2026-03-09 | 11.90 |
| 2026-03-06 | 11.89 |
| 2026-03-05 | 11.76 |
| 2026-03-04 | 11.43 |
| 2026-03-03 | 11.25 |
| 2026-03-02 | 10.82 |
| 2026-02-27 | 10.73 |
| 2026-02-26 | 10.77 |
| 2026-02-25 | 10.44 |
| 2026-02-24 | 10.21 |
| 2026-02-23 | 10.39 |
| 2026-02-20 | 10.72 |
| 2026-02-19 | 10.88 |
| 2026-02-18 | 10.98 |
| 2026-02-17 | 11.78 |
| 2026-02-13 | 12.39 |
| 2026-02-12 | 12.08 |
| 2026-02-11 | 12.26 |
| 2026-02-10 | 12.28 |
| 2026-02-09 | 12.32 |
| 2026-02-06 | 11.82 |
| 2026-02-05 | 11.48 |
| 2026-02-04 | 12.37 |
| 2026-02-03 | 12.33 |
| 2026-02-02 | 13.01 |
| 2026-01-30 | 13.13 |
| 2026-01-29 | 13.07 |
| 2026-01-28 | 13.63 |
| 2026-01-27 | 13.61 |
| 2026-01-26 | 13.67 |
| 2026-01-23 | 13.37 |
| 2026-01-22 | 13.52 |
| 2026-01-21 | 13.46 |
| 2026-01-20 | 13.66 |
| 2026-01-16 | 13.92 |
| 2026-01-15 | 13.93 |
| 2026-01-14 | 14.16 |
| 2026-01-13 | 14.16 |
| 2026-01-12 | 14.01 |
| 2026-01-09 | 14.02 |
| 2026-01-08 | 14.16 |
| 2026-01-07 | 14.39 |
| 2026-01-06 | 13.79 |
| 2026-01-05 | 13.51 |
| 2026-01-02 | 13.31 |
| 2025-12-31 | 13.67 |
| 2025-12-30 | 13.86 |
| 2025-12-29 | 13.86 |
| 2025-12-26 | 13.98 |
| 2025-12-24 | 13.89 |
| 2025-12-23 | 13.96 |
| 2025-12-22 | 14.06 |
| 2025-12-19 | 13.86 |
| 2025-12-18 | 13.79 |
| 2025-12-17 | 13.61 |
| 2025-12-16 | 13.88 |
| 2025-12-15 | 13.79 |
| 2025-12-12 | 14.22 |
| 2025-12-11 | 14.12 |
| 2025-12-10 | 14.32 |
| 2025-12-09 | 14.47 |
| 2025-12-08 | 14.49 |
| 2025-12-05 | 14.75 |
| 2025-12-04 | 14.52 |
| 2025-12-03 | 14.37 |
| 2025-12-02 | 14.09 |
| 2025-12-01 | 13.93 |
| 2025-11-28 | 14.11 |
| 2025-11-26 | 13.75 |
| 2025-11-25 | 13.82 |
| 2025-11-24 | 13.64 |
| 2025-11-21 | 13.57 |
| 2025-11-20 | 13.73 |
| 2025-11-19 | 14.83 |
| 2025-11-18 | 15.45 |
| 2025-11-17 | 15.60 |
| 2025-11-14 | 15.78 |
| 2025-11-13 | 15.74 |
| 2025-11-12 | 16.15 |
| 2025-11-11 | 16.78 |
| 2025-11-10 | 16.65 |
| 2025-11-07 | 16.32 |
| 2025-11-06 | 16.25 |
| 2025-11-05 | 16.39 |
| 2025-11-04 | 16.49 |
| 2025-11-03 | 16.86 |
| 2025-10-31 | 16.93 |
| 2025-10-30 | 16.78 |
| 2025-10-29 | 16.70 |
| 2025-10-28 | 17.02 |
| 2025-10-27 | 16.94 |
| 2025-10-24 | 16.69 |
| 2025-10-23 | 16.53 |
| 2025-10-22 | 16.33 |
| 2025-10-21 | 16.48 |
| 2025-10-20 | 16.29 |
| 2025-10-17 | 15.98 |
| 2025-10-16 | 15.80 |
| 2025-10-15 | 15.89 |
| 2025-10-14 | 15.96 |
| 2025-10-13 | 16.40 |
| 2025-10-10 | 16.03 |
| 2025-10-09 | 16.54 |
| 2025-10-08 | 16.74 |
| 2025-10-07 | 16.23 |
| 2025-10-06 | 16.34 |
| 2025-10-03 | 15.93 |
| 2025-10-02 | 16.09 |
| 2025-10-01 | 15.90 |
| 2025-09-30 | 15.66 |
| 2025-09-29 | 15.68 |
| 2025-09-26 | 15.56 |
| 2025-09-25 | 15.55 |
| 2025-09-24 | 15.43 |
| 2025-09-23 | 15.63 |
| 2025-09-22 | 16.01 |
| 2025-09-19 | 16.01 |
| 2025-09-18 | 15.81 |
| 2025-09-17 | 15.62 |
| 2025-09-16 | 15.48 |
| 2025-09-15 | 15.48 |
| 2025-09-12 | 15.09 |
| 2025-09-11 | 15.25 |
| 2025-09-10 | 15.17 |
| 2025-09-09 | 15.19 |
| 2025-09-08 | 15.18 |
| 2025-09-05 | 14.95 |
| 2025-09-04 | 14.79 |
| 2025-09-03 | 14.73 |
| 2025-09-02 | 14.65 |
| 2025-08-29 | 14.65 |
| 2025-08-28 | 15.23 |
| 2025-08-27 | 14.95 |
| 2025-08-26 | 14.68 |
Showing the most recent 260 of 3,553 data points. The chart above shows the full history.