Question 1

What is Cisco's P/S ratio?

Accepted Answer

Cisco (CSCO) P/S ratio is 7.4× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Cisco?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Cisco specifically, the relevant sector benchmark is the current sector median of 5.8×.

Question 5

Is Cisco's P/S ratio high or low?

Accepted Answer

Cisco's P/S ratio of 7.4× is above its own 5-year average of 4.2× and above the sector median of 5.8×. That places the current reading at the 97th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Cisco's historical P/S ratio range?

Accepted Answer

In the available daily series, Cisco (CSCO) P/S ratio has ranged from a low of 1.8× in 2012 to a high of 9.5× in 2004. The 5-year average is 4.2× and the 5-year median is 4.0×.

Question 7

What was Cisco's P/S ratio in 2025?

Accepted Answer

Cisco (CSCO) P/S ratio at the end of 2025 was 4.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Cisco's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$272B	$56.7B	4.8×	+1.2×	Jul 26, 2025
2024	$192B	$53.8B	3.6×	-0.1×	Jul 27, 2024
2023	$212B	$57B	3.7×	+0.1×	Jul 31, 2023
2022	$187B	$51.6B	3.6×	-1.1×	Jul 31, 2022
2021	$233B	$49.8B	4.7×	+0.6×	Jul 31, 2021
2020	$199B	$49.3B	4.0×	-0.5×	Jul 31, 2020
2019	$237B	$51.9B	4.6×	+0.6×	Jul 31, 2019
2018	$198B	$49.3B	4.0×	+0.7×	Jul 31, 2018
2017	$157B	$48B	3.3×	+0.1×	Jul 31, 2017
2016	$155B	$49.2B	3.1×	+0.2×	Jul 31, 2016
2015	$145B	$49.2B	2.9×	+0.2×	Jul 31, 2015
2014	$129B	$47.1B	2.7×	-0.1×	Jul 31, 2014
2013	$137B	$48.6B	2.8×	+1.0×	Jul 31, 2013
2012	$85B	$46.1B	1.8×	-0.2×	Jul 31, 2012
2011	$86.8B	$43.2B	2.0×	-1.3×	Jul 31, 2011
2010	$131B	$40B	3.3×	-0.2×	Jul 31, 2010
2009	$127B	$36.1B	3.5×	+0.2×	Jul 31, 2009
2008	$130B	$39.5B	3.3×	-1.7×	Jul 31, 2008
2007	$175B	$34.9B	5.0×	+1.2×	Jul 31, 2007
2006	$109B	$28.5B	3.8×	-1.1×	Jul 31, 2006
2005	$123B	$24.8B	4.9×	-1.5×	Jul 31, 2005
2004	$141B	$22B	6.4×	-0.8×	Jul 31, 2004
2003	$136B	$18.9B	7.2×	+2.2×	Jul 31, 2003
2002	$95.9B	$18.9B	5.1×	—	Jul 31, 2002


GoDaddy (GDDY)	2.2×
Fidelity National Information Services (FIS)	2.1×
Skyworks Solutions (SWKS)	2.1×
Qorvo (QRVO)	1.9×
Zebra Technologies (ZBRA)	1.8×
Gartner (IT)	1.7×
Accenture (ACN)	1.6×
Amkor Technology (AMKR)	1.6×
Block (XYZ)	1.5×
Fiserv (FISV)	1.4×
Cognizant (CTSH)	1.4×
EPAM Systems (EPAM)	1.3×
Optical Cable (OCC)	1.2×
Leidos Holdings (LDOS)	1.2×
Jabil (JBL)	1.1×
Dell Technologies (DELL)	1.0×
Sunrun (RUN)	1.0×
Hewlett Packard Enterprise (HPE)	1.0×
Flex (FLEX)	0.9×
Lyft (LYFT)	0.8×
CDW (CDW)	0.7×
Science Applications International (SAIC)	0.6×
Super Micro Computer (SMCI)	0.4×
HP (HPQ)	0.3×
IBM (IBM)	0.0×

P/S Ratio for Cisco (CSCO) 2002-2026

P/S Ratio daily chart for Cisco (CSCO)

Historical P/S Ratio for Cisco (CSCO) from 2002 to 2025

About P/S Ratio at Cisco (CSCO)

Cisco P/S Ratio by Year

Cisco P/S Ratio 2025: 4.8×

Cisco P/S Ratio 2024: 3.6×

Cisco P/S Ratio 2023: 3.7×

Cisco P/S Ratio 2022: 3.6×

Cisco P/S Ratio 2021: 4.7×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Cisco (CSCO) Key Financials