Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 4.94x is 16% below its 5-year average of 5.88x, around the middle of its 5-year range (3.32x–8.35x).
As of Monday, July 27, 2026. 25.80% below its 12-month average of 6.66x.
EV/SALES RATIO
4.94x
EV/SALES RATIO AVG TTM
6.66x
EV/SALES RATIO AVG 3Y
5.92x
EV/SALES RATIO AVG 5Y
5.88x
EV/SALES RATIO AVG 10Y
8.47x
EV/SALES RATIO AVG 15Y
9.39x
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-25.80%
CURRENT VS 3Y AVG
-16.61%
CURRENT VS 5Y AVG
-16.03%
CURRENT VS 10Y AVG
-41.70%
CURRENT VS 15Y AVG
-47.38%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
3.04x
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
+62.23%
vs the sector median at left
Tencent Holdings Limited
Market Cap
$513.47B
EV/Sales Ratio
4.94x
TTM Avg
6.66x
3Y Avg
5.92x
5Y Avg
5.88x
Market Cap
$198.28B
EV/Sales Ratio
2.75x
TTM Avg
2.61x
3Y Avg
2.55x
5Y Avg
2.61x
Market Cap
$193.35B
EV/Sales Ratio
3.34x
TTM Avg
4.01x
3Y Avg
4.14x
5Y Avg
3.86x
Market Cap
$167.91B
EV/Sales Ratio
2.16x
TTM Avg
2.44x
3Y Avg
2.46x
5Y Avg
2.90x
Market Cap
$102.32B
EV/Sales Ratio
4.65x
TTM Avg
5.96x
3Y Avg
5.08x
5Y Avg
4.04x
Market Cap
$82.38B
EV/Sales Ratio
0.63x
TTM Avg
1.58x
3Y Avg
1.93x
5Y Avg
2.14x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tencent Holdings Limited (TCEHY) | $513.47B | 4.94x | 6.66x | 5.92x | 5.88x |
| Netflix, Inc. (NFLX)vs › | $295.70B | 6.28x | 9.79x | 9.30x | 8.02x |
| Verizon Communications Inc. (VZ)vs › | $198.28B | 2.75x | 2.61x | 2.55x | 2.61x |
| T-Mobile US, Inc. (TMUS)vs › | $193.35B | 3.34x | 4.01x | 4.14x | 3.86x |
| The Walt Disney Company (DIS)vs › | $167.91B | 2.16x | 2.44x | 2.46x | 2.90x |
| AT&T Inc. (T)vs › | $167.85B | 2.31x | 2.64x | 2.47x | 2.40x |
| Spotify Technology S.A. (SPOT)vs › | $102.32B | 4.65x | 5.96x | 5.08x | 4.04x |
| Comcast Corporation (CMCSA)vs › | $82.38B | 0.63x | 1.58x | 1.93x | 2.14x |
| DoorDash, Inc. (DASH)vs › | $80.55B | 5.11x | 7.02x | 6.18x | 6.37x |
| Warner Bros. Discovery, Inc. (WBD)vs › | $63.67B | 2.51x | 2.36x | 1.82x | 2.12x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-07-24 | 4.94x |
| 2026-07-23 | 4.92x |
| 2026-07-22 | 4.94x |
| 2026-07-21 | 5.24x |
| 2026-07-20 | 5.43x |
| 2026-07-17 | 5.24x |
| 2026-07-16 | 5.42x |
| 2026-07-15 | 5.42x |
| 2026-07-14 | 5.18x |
| 2026-07-13 | 5.15x |
| 2026-07-10 | 5.26x |
| 2026-07-09 | 5.30x |
| 2026-07-08 | 5.40x |
| 2026-07-07 | 5.22x |
| 2026-07-06 | 5.13x |
| 2026-07-02 | 4.92x |
| 2026-07-01 | 5.00x |
| 2026-06-30 | 4.91x |
| 2026-06-29 | 4.78x |
| 2026-06-26 | 4.75x |
| 2026-06-25 | 4.76x |
| 2026-06-24 | 4.89x |
| 2026-06-23 | 4.78x |
| 2026-06-22 | 4.92x |
| 2026-06-18 | 4.99x |
| 2026-06-17 | 4.96x |
| 2026-06-16 | 5.08x |
| 2026-06-15 | 5.22x |
| 2026-06-12 | 5.24x |
| 2026-06-11 | 5.25x |
| 2026-06-10 | 5.25x |
| 2026-06-09 | 5.12x |
| 2026-06-08 | 5.03x |
| 2026-06-05 | 5.06x |
| 2026-06-04 | 5.16x |
| 2026-06-03 | 5.16x |
| 2026-06-02 | 5.35x |
| 2026-06-01 | 4.92x |
| 2026-05-29 | 4.86x |
| 2026-05-28 | 4.86x |
| 2026-05-27 | 4.94x |
| 2026-05-26 | 4.99x |
| 2026-05-22 | 4.98x |
| 2026-05-21 | 5.05x |
| 2026-05-20 | 5.20x |
| 2026-05-19 | 5.20x |
| 2026-05-18 | 5.10x |
| 2026-05-15 | 5.20x |
| 2026-05-14 | 5.22x |
| 2026-05-13 | 5.41x |
| 2026-05-12 | 5.17x |
| 2026-05-11 | 5.27x |
| 2026-05-08 | 5.30x |
| 2026-05-07 | 5.37x |
| 2026-05-06 | 5.39x |
| 2026-05-05 | 5.35x |
| 2026-05-04 | 5.35x |
| 2026-05-01 | 5.42x |
| 2026-04-30 | 5.40x |
| 2026-04-29 | 5.34x |
| 2026-04-28 | 5.36x |
| 2026-04-27 | 5.40x |
| 2026-04-24 | 5.54x |
| 2026-04-23 | 5.50x |
| 2026-04-22 | 5.69x |
| 2026-04-21 | 5.75x |
| 2026-04-20 | 5.89x |
| 2026-04-17 | 5.88x |
| 2026-04-16 | 5.82x |
| 2026-04-15 | 5.68x |
| 2026-04-14 | 5.63x |
| 2026-04-13 | 5.62x |
| 2026-04-10 | 5.65x |
| 2026-04-09 | 5.73x |
| 2026-04-08 | 5.72x |
| 2026-04-07 | 5.53x |
| 2026-04-06 | 5.52x |
| 2026-04-02 | 5.51x |
| 2026-04-01 | 5.61x |
| 2026-03-31 | 5.59x |
| 2026-03-30 | 5.40x |
| 2026-03-27 | 5.86x |
| 2026-03-26 | 5.90x |
| 2026-03-25 | 6.05x |
| 2026-03-24 | 6.11x |
| 2026-03-23 | 6.07x |
| 2026-03-20 | 5.97x |
| 2026-03-19 | 6.09x |
| 2026-03-18 | 6.19x |
| 2026-03-17 | 6.48x |
| 2026-03-16 | 6.71x |
| 2026-03-13 | 6.54x |
| 2026-03-12 | 6.47x |
| 2026-03-11 | 6.65x |
| 2026-03-10 | 6.90x |
| 2026-03-09 | 6.28x |
| 2026-03-06 | 6.14x |
| 2026-03-05 | 6.03x |
| 2026-03-04 | 6.12x |
| 2026-03-03 | 6.05x |
| 2026-03-02 | 6.15x |
| 2026-02-27 | 6.17x |
| 2026-02-26 | 6.16x |
| 2026-02-25 | 6.27x |
| 2026-02-24 | 6.28x |
| 2026-02-23 | 6.37x |
| 2026-02-20 | 6.37x |
| 2026-02-19 | 6.38x |
| 2026-02-18 | 6.40x |
| 2026-02-17 | 6.36x |
| 2026-02-13 | 6.40x |
| 2026-02-12 | 6.31x |
| 2026-02-11 | 6.50x |
| 2026-02-10 | 6.61x |
| 2026-02-09 | 6.71x |
| 2026-02-06 | 6.68x |
| 2026-02-05 | 6.54x |
| 2026-02-04 | 6.61x |
| 2026-02-03 | 6.88x |
| 2026-02-02 | 7.10x |
| 2026-01-30 | 7.11x |
| 2026-01-29 | 7.37x |
| 2026-01-28 | 7.31x |
| 2026-01-27 | 7.26x |
| 2026-01-26 | 7.17x |
| 2026-01-23 | 7.14x |
| 2026-01-22 | 7.11x |
| 2026-01-21 | 7.16x |
| 2026-01-20 | 7.08x |
| 2026-01-16 | 7.31x |
| 2026-01-15 | 7.45x |
| 2026-01-14 | 7.53x |
| 2026-01-13 | 7.44x |
| 2026-01-12 | 7.64x |
| 2026-01-09 | 7.34x |
| 2026-01-08 | 7.34x |
| 2026-01-07 | 7.40x |
| 2026-01-06 | 7.52x |
| 2026-01-05 | 7.53x |
| 2026-01-02 | 7.48x |
| 2025-12-31 | 7.13x |
| 2025-12-30 | 7.17x |
| 2025-12-29 | 7.37x |
| 2025-12-26 | 7.47x |
| 2025-12-24 | 7.41x |
| 2025-12-23 | 7.43x |
| 2025-12-22 | 7.55x |
| 2025-12-19 | 7.54x |
| 2025-12-18 | 7.43x |
| 2025-12-17 | 7.33x |
| 2025-12-16 | 7.37x |
| 2025-12-15 | 7.39x |
| 2025-12-12 | 7.45x |
| 2025-12-11 | 7.43x |
| 2025-12-10 | 7.40x |
| 2025-12-09 | 7.40x |
| 2025-12-08 | 7.44x |
| 2025-12-05 | 7.48x |
| 2025-12-04 | 7.47x |
| 2025-12-03 | 7.51x |
| 2025-12-02 | 7.57x |
| 2025-12-01 | 7.63x |
| 2025-11-28 | 7.56x |
| 2025-11-26 | 7.55x |
| 2025-11-25 | 7.65x |
| 2025-11-24 | 7.72x |
| 2025-11-21 | 7.56x |
| 2025-11-20 | 7.45x |
| 2025-11-19 | 7.60x |
| 2025-11-18 | 7.66x |
| 2025-11-17 | 7.73x |
| 2025-11-14 | 7.82x |
| 2025-11-13 | 7.95x |
| 2025-11-12 | 8.01x |
| 2025-11-11 | 7.99x |
| 2025-11-10 | 7.97x |
| 2025-11-07 | 7.78x |
| 2025-11-06 | 7.86x |
| 2025-11-05 | 7.77x |
| 2025-11-04 | 7.67x |
| 2025-11-03 | 7.70x |
| 2025-10-31 | 7.77x |
| 2025-10-30 | 7.96x |
| 2025-10-29 | 8.04x |
| 2025-10-28 | 8.00x |
| 2025-10-27 | 8.07x |
| 2025-10-24 | 7.84x |
| 2025-10-23 | 7.81x |
| 2025-10-22 | 7.64x |
| 2025-10-21 | 7.72x |
| 2025-10-20 | 7.80x |
| 2025-10-17 | 7.67x |
| 2025-10-16 | 7.62x |
| 2025-10-15 | 7.67x |
| 2025-10-14 | 7.67x |
| 2025-10-13 | 7.79x |
| 2025-10-10 | 7.64x |
| 2025-10-09 | 8.14x |
| 2025-10-08 | 8.27x |
| 2025-10-07 | 8.21x |
| 2025-10-06 | 8.32x |
| 2025-10-03 | 8.24x |
| 2025-10-02 | 8.25x |
| 2025-10-01 | 8.17x |
| 2025-09-30 | 8.12x |
| 2025-09-29 | 8.10x |
| 2025-09-26 | 8.20x |
| 2025-09-25 | 8.19x |
| 2025-09-24 | 8.13x |
| 2025-09-23 | 8.02x |
| 2025-09-22 | 8.14x |
| 2025-09-19 | 8.10x |
| 2025-09-18 | 8.13x |
| 2025-09-17 | 8.35x |
| 2025-09-16 | 8.24x |
| 2025-09-15 | 8.15x |
| 2025-09-12 | 8.10x |
| 2025-09-11 | 8.07x |
| 2025-09-10 | 7.94x |
| 2025-09-09 | 7.99x |
| 2025-09-08 | 7.82x |
| 2025-09-05 | 7.66x |
| 2025-09-04 | 7.52x |
| 2025-09-03 | 7.60x |
| 2025-09-02 | 7.62x |
| 2025-08-29 | 7.65x |
| 2025-08-28 | 7.59x |
| 2025-08-27 | 7.51x |
| 2025-08-26 | 7.72x |
| 2025-08-25 | 7.70x |
| 2025-08-22 | 7.68x |
| 2025-08-21 | 7.54x |
| 2025-08-20 | 7.47x |
| 2025-08-19 | 7.45x |
| 2025-08-18 | 7.41x |
| 2025-08-15 | 7.46x |
| 2025-08-14 | 7.39x |
| 2025-08-13 | 7.60x |
| 2025-08-12 | 7.10x |
| 2025-08-11 | 7.04x |
| 2025-08-08 | 7.09x |
| 2025-08-07 | 7.12x |
| 2025-08-06 | 7.24x |
| 2025-08-05 | 7.08x |
| 2025-08-04 | 6.95x |
| 2025-08-01 | 6.74x |
| 2025-07-31 | 6.94x |
| 2025-07-30 | 6.88x |
| 2025-07-29 | 6.95x |
| 2025-07-28 | 6.94x |
| 2025-07-25 | 6.95x |
| 2025-07-24 | 6.97x |
| 2025-07-23 | 6.97x |
| 2025-07-22 | 6.72x |
| 2025-07-21 | 6.62x |
| 2025-07-18 | 6.56x |
| 2025-07-17 | 6.58x |
| 2025-07-16 | 6.58x |
| 2025-07-15 | 6.56x |
| 2025-07-14 | 6.34x |
Showing the most recent 260 of 3,725 data points. The chart above shows the full history.
