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 4.30 is 22% below its estimated 5-year average of 5.50, near the low end of its estimated 5-year range (2.97–8.04).
As of 2026-09-10T19:59:23.000Z. 28.94% below its estimated 12-month average of 6.05.
Quote observation: 2026-09-10T19:59:23.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d89cadf9335df9f8c01dc44620caf06b69757700a53e82bc83f56c2770ebdc7c
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
4.30
PS RATIO AVG TTM
6.05
PS RATIO AVG 3Y
5.59
PS RATIO AVG 5Y
5.50
PS RATIO AVG 10Y
8.10
PS RATIO AVG 15Y
9.15
PS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-28.94%
CURRENT VS 3Y AVG
-23.06%
CURRENT VS 5Y AVG
-21.76%
CURRENT VS 10Y AVG
-46.93%
CURRENT VS 15Y AVG
-53.01%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
2.13
median of 30 covered companies
CURRENT VS SECTOR MEDIAN
+101.88%
vs the sector median at left
| NAME | MARKET CAP | PS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tencent Holdings Limited (TCEHY) | $484.72B | 4.30 | 6.05 | 5.59 | 5.50 |
| Netflix, Inc. (NFLX)vs › | $316.50B | 6.54 | 8.95 | 9.12 | 7.69 |
| Verizon Communications Inc. (VZ)vs › | $208.65B | 1.50 | 1.37 | 1.31 | 1.33 |
| T-Mobile US, Inc. (TMUS)vs › | $190.03B | 2.06 | 2.55 | 2.80 | 2.52 |
| The Walt Disney Company (DIS)vs › | $183.81B | 1.86 | 1.97 | 2.03 | 2.35 |
| AT&T Inc. (T)vs › | $175.15B | 1.38 | 1.44 | 1.32 | 1.20 |
| Spotify Technology S.A. (SPOT)vs › | $107.26B | 5.10 | 5.84 | 5.38 | 4.19 |
| Comcast Corporation (CMCSA)vs › | $89.32B | 0.72 | 0.81 | 1.12 | 1.31 |
| DoorDash, Inc. (DASH)vs › | $87.59B | 5.51 | 6.67 | 6.47 | 6.41 |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.70B | 1.96 | 1.72 | 0.97 | 1.05 |
Trailing-12-month revenue adds these four fiscal quarters. Amounts are in USD, rounded only to whole currency units.
Reported statement amounts were converted from CNY to USD using the stored FMP exchange-rate calculation.
| Fiscal period | Revenue | Source |
|---|---|---|
| Q3 FY2025Period ended 2025-09-30 | $26,943,040,230 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-09-30 |
| Q4 FY2025Period ended 2025-12-31 | $27,403,756,223 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-12-31 |
| Q1 FY2026Period ended 2026-03-31 | $28,300,453,129 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-03-31 |
| Q2 FY2026Period ended 2026-06-30 | $30,055,171,689 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-06-30 |
| TTM revenue | $112,702,421,271 |
Current P/S: $484,724,679,093 market capitalization ÷ $112,702,421,271 TTM revenue = 4.30x.
Market capitalization source: FMP quote. Quote observed 2026-09-10T19:59:23.000Z. Latest revenue period ended 2026-06-30.
At 4.30, P/S is below its estimated 15-year median — higher than 4% of readings in its estimated 15-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 15-year low
2.97
median
9.46
estimated 15-year high
16.84
P/S Ratio
4.30
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 | 4.45 |
| 2026-09-08 | 4.49 |
| 2026-09-04 | 4.60 |
| 2026-09-03 | 4.54 |
| 2026-09-02 | 4.56 |
| 2026-09-01 | 4.56 |
| 2026-08-31 | 4.64 |
| 2026-08-28 | 4.71 |
| 2026-08-27 | 4.62 |
| 2026-08-26 | 4.59 |
| 2026-08-25 | 4.59 |
| 2026-08-24 | 4.64 |
| 2026-08-21 | 4.72 |
| 2026-08-20 | 4.64 |
| 2026-08-19 | 4.69 |
| 2026-08-18 | 4.58 |
| 2026-08-17 | 4.61 |
| 2026-08-14 | 4.59 |
| 2026-08-13 | 4.49 |
| 2026-08-12 | 4.57 |
| 2026-08-11 | 4.83 |
| 2026-08-10 | 5.00 |
| 2026-08-07 | 5.03 |
| 2026-08-06 | 4.93 |
| 2026-08-05 | 5.00 |
| 2026-08-04 | 5.10 |
| 2026-08-03 | 5.08 |
| 2026-07-31 | 4.99 |
| 2026-07-30 | 4.92 |
| 2026-07-29 | 4.81 |
| 2026-07-28 | 4.69 |
| 2026-07-27 | 4.64 |
| 2026-07-24 | 4.51 |
| 2026-07-23 | 4.50 |
| 2026-07-22 | 4.51 |
| 2026-07-21 | 4.80 |
| 2026-07-20 | 4.98 |
| 2026-07-17 | 4.80 |
| 2026-07-16 | 4.98 |
| 2026-07-15 | 4.97 |
| 2026-07-14 | 4.74 |
| 2026-07-13 | 4.71 |
| 2026-07-10 | 4.82 |
| 2026-07-09 | 4.85 |
| 2026-07-08 | 4.95 |
| 2026-07-07 | 4.78 |
| 2026-07-06 | 4.69 |
| 2026-07-02 | 4.50 |
| 2026-07-01 | 4.56 |
| 2026-06-30 | 4.67 |
| 2026-06-29 | 4.54 |
| 2026-06-26 | 4.51 |
| 2026-06-25 | 4.52 |
| 2026-06-24 | 4.65 |
| 2026-06-23 | 4.54 |
| 2026-06-22 | 4.68 |
| 2026-06-18 | 4.75 |
| 2026-06-17 | 4.72 |
| 2026-06-16 | 4.84 |
| 2026-06-15 | 4.98 |
| 2026-06-12 | 5.00 |
| 2026-06-11 | 5.01 |
| 2026-06-10 | 5.01 |
| 2026-06-09 | 4.88 |
| 2026-06-08 | 4.79 |
| 2026-06-05 | 4.82 |
| 2026-06-04 | 4.92 |
| 2026-06-03 | 4.92 |
| 2026-06-02 | 5.11 |
| 2026-06-01 | 4.68 |
| 2026-05-29 | 4.62 |
| 2026-05-28 | 4.62 |
| 2026-05-27 | 4.70 |
| 2026-05-26 | 4.75 |
| 2026-05-22 | 4.74 |
| 2026-05-21 | 4.81 |
| 2026-05-20 | 4.96 |
| 2026-05-19 | 4.96 |
| 2026-05-18 | 4.86 |
| 2026-05-15 | 4.96 |
| 2026-05-14 | 4.98 |
| 2026-05-13 | 5.17 |
| 2026-05-12 | 4.93 |
| 2026-05-11 | 5.03 |
| 2026-05-08 | 5.06 |
| 2026-05-07 | 5.13 |
| 2026-05-06 | 5.15 |
| 2026-05-05 | 5.11 |
| 2026-05-04 | 5.11 |
| 2026-05-01 | 5.18 |
| 2026-04-30 | 5.16 |
| 2026-04-29 | 5.10 |
| 2026-04-28 | 5.12 |
| 2026-04-27 | 5.16 |
| 2026-04-24 | 5.30 |
| 2026-04-23 | 5.26 |
| 2026-04-22 | 5.45 |
| 2026-04-21 | 5.51 |
| 2026-04-20 | 5.65 |
| 2026-04-17 | 5.64 |
| 2026-04-16 | 5.58 |
| 2026-04-15 | 5.44 |
| 2026-04-14 | 5.39 |
| 2026-04-13 | 5.38 |
| 2026-04-10 | 5.41 |
| 2026-04-09 | 5.49 |
| 2026-04-08 | 5.48 |
| 2026-04-07 | 5.29 |
| 2026-04-06 | 5.28 |
| 2026-04-02 | 5.27 |
| 2026-04-01 | 5.37 |
| 2026-03-31 | 5.60 |
| 2026-03-30 | 5.40 |
| 2026-03-27 | 5.50 |
| 2026-03-26 | 5.55 |
| 2026-03-25 | 5.70 |
| 2026-03-24 | 5.76 |
| 2026-03-23 | 5.71 |
| 2026-03-20 | 5.62 |
| 2026-03-19 | 5.74 |
| 2026-03-18 | 5.84 |
| 2026-03-17 | 6.12 |
| 2026-03-16 | 6.36 |
| 2026-03-13 | 6.19 |
| 2026-03-12 | 6.12 |
| 2026-03-11 | 6.30 |
| 2026-03-10 | 6.55 |
| 2026-03-09 | 5.93 |
| 2026-03-06 | 5.79 |
| 2026-03-05 | 5.67 |
| 2026-03-04 | 5.76 |
| 2026-03-03 | 5.70 |
| 2026-03-02 | 5.80 |
| 2026-02-27 | 5.81 |
| 2026-02-26 | 5.81 |
| 2026-02-25 | 5.92 |
| 2026-02-24 | 5.93 |
| 2026-02-23 | 6.02 |
| 2026-02-20 | 6.02 |
| 2026-02-19 | 6.03 |
| 2026-02-18 | 6.05 |
| 2026-02-17 | 6.01 |
| 2026-02-13 | 6.04 |
| 2026-02-12 | 5.96 |
| 2026-02-11 | 6.15 |
| 2026-02-10 | 6.26 |
| 2026-02-09 | 6.35 |
| 2026-02-06 | 6.33 |
| 2026-02-05 | 6.18 |
| 2026-02-04 | 6.26 |
| 2026-02-03 | 6.53 |
| 2026-02-02 | 6.75 |
| 2026-01-30 | 6.76 |
| 2026-01-29 | 7.02 |
| 2026-01-28 | 6.96 |
| 2026-01-27 | 6.91 |
| 2026-01-26 | 6.82 |
| 2026-01-23 | 6.79 |
| 2026-01-22 | 6.75 |
| 2026-01-21 | 6.81 |
| 2026-01-20 | 6.73 |
| 2026-01-16 | 6.96 |
| 2026-01-15 | 7.10 |
| 2026-01-14 | 7.18 |
| 2026-01-13 | 7.09 |
| 2026-01-12 | 7.29 |
| 2026-01-09 | 6.99 |
| 2026-01-08 | 6.99 |
| 2026-01-07 | 7.04 |
| 2026-01-06 | 7.17 |
| 2026-01-05 | 7.17 |
| 2026-01-02 | 7.13 |
| 2025-12-31 | 6.99 |
| 2025-12-30 | 7.04 |
| 2025-12-29 | 7.03 |
| 2025-12-26 | 7.13 |
| 2025-12-24 | 7.07 |
| 2025-12-23 | 7.08 |
| 2025-12-22 | 7.21 |
| 2025-12-19 | 7.20 |
| 2025-12-18 | 7.09 |
| 2025-12-17 | 6.99 |
| 2025-12-16 | 7.03 |
| 2025-12-15 | 7.04 |
| 2025-12-12 | 7.10 |
| 2025-12-11 | 7.09 |
| 2025-12-10 | 7.06 |
| 2025-12-09 | 7.06 |
| 2025-12-08 | 7.10 |
| 2025-12-05 | 7.14 |
| 2025-12-04 | 7.13 |
| 2025-12-03 | 7.17 |
| 2025-12-02 | 7.23 |
| 2025-12-01 | 7.29 |
| 2025-11-28 | 7.22 |
| 2025-11-26 | 7.21 |
| 2025-11-25 | 7.30 |
| 2025-11-24 | 7.38 |
| 2025-11-21 | 7.22 |
| 2025-11-20 | 7.11 |
| 2025-11-19 | 7.26 |
| 2025-11-18 | 7.32 |
| 2025-11-17 | 7.39 |
| 2025-11-14 | 7.48 |
| 2025-11-13 | 7.61 |
| 2025-11-12 | 7.67 |
| 2025-11-11 | 7.65 |
| 2025-11-10 | 7.63 |
| 2025-11-07 | 7.44 |
| 2025-11-06 | 7.52 |
| 2025-11-05 | 7.42 |
| 2025-11-04 | 7.33 |
| 2025-11-03 | 7.36 |
| 2025-10-31 | 7.43 |
| 2025-10-30 | 7.62 |
| 2025-10-29 | 7.70 |
| 2025-10-28 | 7.66 |
| 2025-10-27 | 7.73 |
| 2025-10-24 | 7.50 |
| 2025-10-23 | 7.47 |
| 2025-10-22 | 7.30 |
| 2025-10-21 | 7.38 |
| 2025-10-20 | 7.46 |
| 2025-10-17 | 7.32 |
| 2025-10-16 | 7.28 |
| 2025-10-15 | 7.33 |
| 2025-10-14 | 7.33 |
| 2025-10-13 | 7.45 |
| 2025-10-10 | 7.30 |
| 2025-10-09 | 7.79 |
| 2025-10-08 | 7.93 |
| 2025-10-07 | 7.86 |
| 2025-10-06 | 7.97 |
| 2025-10-03 | 7.90 |
| 2025-10-02 | 7.90 |
| 2025-10-01 | 7.83 |
| 2025-09-30 | 8.04 |
| 2025-09-29 | 8.02 |
| 2025-09-26 | 7.87 |
| 2025-09-25 | 7.86 |
| 2025-09-24 | 7.81 |
| 2025-09-23 | 7.69 |
| 2025-09-22 | 7.81 |
| 2025-09-19 | 7.77 |
| 2025-09-18 | 7.80 |
| 2025-09-17 | 8.03 |
| 2025-09-16 | 7.91 |
| 2025-09-15 | 7.82 |
| 2025-09-12 | 7.77 |
| 2025-09-11 | 7.75 |
| 2025-09-10 | 7.61 |
| 2025-09-09 | 7.66 |
| 2025-09-08 | 7.49 |
| 2025-09-05 | 7.33 |
| 2025-09-04 | 7.19 |
| 2025-09-03 | 7.27 |
| 2025-09-02 | 7.29 |
| 2025-08-29 | 7.32 |
| 2025-08-28 | 7.26 |
| 2025-08-27 | 7.18 |
Showing the most recent 260 of 3,692 data points. The chart above shows the full history.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
These references are supplied through FMP. Full filing context identifiers and dimensional metadata are unavailable in the normalized feed.