Question 1

What is Cisco's P/S ratio?

Accepted Answer

Cisco (CSCO) P/S ratio is 8.0× as of June 5, 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 5.7×.

Question 5

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

Accepted Answer

Cisco's P/S ratio of 8.0× is above its own 5-year average of 4.2× and above the sector median of 5.7×. That places the current reading at the 100th 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	$272.01B	$56.65B	4.8×	+1.2×	Jul 26, 2025
2024	$192.38B	$53.80B	3.6×	-0.1×	Jul 27, 2024
2023	$211.85B	$57.00B	3.7×	+0.1×	Jul 31, 2023
2022	$186.92B	$51.56B	3.6×	-1.1×	Jul 31, 2022
2021	$233.44B	$49.82B	4.7×	+0.6×	Jul 31, 2021
2020	$199.09B	$49.30B	4.0×	-0.5×	Jul 31, 2020
2019	$236.67B	$51.90B	4.6×	+0.6×	Jul 31, 2019
2018	$197.58B	$49.33B	4.0×	+0.7×	Jul 31, 2018
2017	$157.09B	$48.01B	3.3×	+0.1×	Jul 31, 2017
2016	$154.63B	$49.25B	3.1×	+0.2×	Jul 31, 2016
2015	$144.54B	$49.16B	2.9×	+0.2×	Jul 31, 2015
2014	$129.25B	$47.14B	2.7×	-0.1×	Jul 31, 2014
2013	$137.37B	$48.61B	2.8×	+1.0×	Jul 31, 2013
2012	$85.03B	$46.06B	1.8×	-0.2×	Jul 31, 2012
2011	$86.76B	$43.22B	2.0×	-1.3×	Jul 31, 2011
2010	$131.27B	$40.04B	3.3×	-0.2×	Jul 31, 2010
2009	$127.22B	$36.12B	3.5×	+0.2×	Jul 31, 2009
2008	$129.78B	$39.54B	3.3×	-1.7×	Jul 31, 2008
2007	$175.31B	$34.92B	5.0×	+1.2×	Jul 31, 2007
2006	$108.71B	$28.48B	3.8×	-1.1×	Jul 31, 2006
2005	$122.51B	$24.80B	4.9×	-1.5×	Jul 31, 2005
2004	$141.08B	$22.05B	6.4×	-0.8×	Jul 31, 2004
2003	$136.45B	$18.88B	7.2×	+2.2×	Jul 31, 2003
2002	$95.94B	$18.91B	5.1×	—	Jul 31, 2002


DocuSign (DOCU)	2.7×
Broadridge Financial Solutions (BR)	2.6×
Celestica (CLS)	2.3×
EchoStar (SATS)	2.3×
Gen Digital (GEN)	2.3×
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×
Accenture (ACN)	1.8×
Amkor Technology (AMKR)	1.6×
Block (XYZ)	1.5×
Block (SQ)	1.4×
Fiserv (FISV)	1.4×
Cognizant (CTSH)	1.4×
EPAM Systems (EPAM)	1.3×
Dell Technologies (DELL)	1.0×
Hewlett Packard Enterprise (HPE)	1.0×
Jabil (JBL)	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×

P/S Ratio for Cisco (CSCO)

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

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

+What is Cisco's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Cisco?

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

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

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

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

Cisco (CSCO) Key Financials