What is Fortis's Price/Sales Ratio?
- Fortis's trailing twelve month (TTM) Price/Sales ratio is 2.79.
- Fortis's annual Price/Sales ratio as of today is 2.57.
- Fortis's quarterly Price/Sales ratio is 10.03.
What is the Price/Sales Ratio?
The Price/Sales ratio (P/S ratio) is a valuation metric that compares a company's stock price to its revenues. A lower P/S ratio may indicate that a stock is undervalued.
How is the Price/Sales Ratio calculated?
The Price/Sales ratio is calculated by dividing the company's market capitalization by its total sales or revenue. The formula is:
P/S Ratio = Market Capitalization / Total Sales (Revenue)
Related Metrics
Other important metrics to assess Fortis's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 17.60
- Quarterly: 17.81
- TTM: 18.96
- P/B Ratio (Price to Book Ratio) - compares the company's market value to its book value:
- Annual: 1.24
- Quarterly: 1.24
- TTM: 1.34
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 7.62
- Quarterly: 30.73
- TTM: 8.21
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the company's valuation considering its earnings growth:
- Annual: 3.90
- Quarterly: -3.03
- TTM: 30.63
These metrics provide insights into Fortis's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Sales Ratio
2.57
Quarterly Price/Sales Ratio
10.03
TTM Price/Sales Ratio
2.79
Fortis Historical Price/Sales Ratio
Historical P/E Ratio
Historical P/B Ratio
Historical P/C Ratio
Historical PEG Ratio
Fortis Historical Financial Metrics
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Price/Sales Ratio | P/E Ratio | P/B Ratio | P/C Ratio | PEG Ratio |
|---|---|---|---|---|---|
| 2024 | 2.57 | 17.60 | 1.24 | 7.62 | 3.90 |
| 2023 | 2.31 | 16.91 | 1.24 | 7.51 | 1.47 |
| 2022 | 2.35 | 18.60 | 1.23 | 8.44 | 2.86 |
| 2021 | 3.04 | 22.21 | 1.49 | 9.89 | 57.74 |
| 2020 | 2.71 | 18.97 | 1.29 | 8.95 | -0.60 |
| 2019 | 2.68 | 13.67 | 1.27 | 8.84 | 0.36 |
| 2018 | 2.30 | 16.58 | 1.17 | 7.42 | 0.89 |
| 2017 | 2.31 | 18.64 | 1.28 | 6.95 | 0.82 |
| 2016 | 1.87 | 19.40 | 0.88 | 6.80 | -0.70 |
| 2015 | 1.55 | 12.95 | 1.05 | 6.23 | 0.15 |
Related Metrics
Explore detailed financial metrics and analysis for FTS.