Question 1

What is Elastic N.V.'s P/S ratio?

Accepted Answer

Elastic N.V. (ESTC) P/S ratio is 3.7× 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 Elastic N.V.?

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 Elastic N.V. specifically, the relevant sector benchmark is the current sector median of 5.7×.

Question 5

Is Elastic N.V.'s P/S ratio high or low?

Accepted Answer

Elastic N.V.'s P/S ratio of 3.7× is below its own 5-year average of 8.2× and below the sector median of 5.7×. That places the current reading at the 5th 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 Elastic N.V.'s historical P/S ratio range?

Accepted Answer

In the available daily series, Elastic N.V. (ESTC) P/S ratio has ranged from a low of 2.7× in 2026 to a high of 27.1× in 2018. The 5-year average is 8.2× and the 5-year median is 6.3×.

Question 7

What was Elastic N.V.'s P/S ratio in 2026?

Accepted Answer

Elastic N.V. (ESTC) P/S ratio at the end of 2026 was 2.8×. 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 Elastic N.V.'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.


2026	$4.84B	$1.74B	2.8×	-3.2×	Apr 30, 2026
2025	$8.83B	$1.48B	5.9×	-2.2×	Apr 30, 2025
2024	$10.36B	$1.27B	8.2×	+3.1×	Apr 30, 2024
2023	$5.48B	$1.07B	5.1×	-3.2×	Apr 30, 2023
2022	$7.14B	$862.37M	8.3×	-9.6×	Apr 30, 2022
2021	$10.85B	$608.49M	17.8×	+5.5×	Apr 30, 2021
2020	$5.26B	$427.62M	12.3×	-10.3×	Apr 30, 2020
2019	$6.14B	$271.65M	22.6×	-4.5×	Apr 30, 2019
2018	$4.33B	$159.94M	27.1×	—	Apr 30, 2018


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P/S Ratio for Elastic N.V. (ESTC)

P/S Ratio daily chart for Elastic N.V. (ESTC)

Historical P/S Ratio for Elastic N.V. (ESTC) from 2018 to 2026

About P/S Ratio at Elastic N.V. (ESTC)

Elastic N.V. P/S Ratio by Year

Elastic N.V. P/S Ratio 2026: 2.8×

Elastic N.V. P/S Ratio 2025: 5.9×

Elastic N.V. P/S Ratio 2024: 8.2×

Elastic N.V. P/S Ratio 2023: 5.1×

Elastic N.V. P/S Ratio 2022: 8.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Elastic N.V. (ESTC) Key Financials

P/S Ratio daily chart for Elastic N.V. (ESTC)

Historical P/S Ratio for Elastic N.V. (ESTC) from 2018 to 2026

About P/S Ratio at Elastic N.V. (ESTC)

Elastic N.V. P/S Ratio by Year

Elastic N.V. P/S Ratio 2026: 2.8×

Elastic N.V. P/S Ratio 2025: 5.9×

Elastic N.V. P/S Ratio 2024: 8.2×

Elastic N.V. P/S Ratio 2023: 5.1×

Elastic N.V. P/S Ratio 2022: 8.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Elastic N.V.'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 Elastic N.V.?

+Is Elastic N.V.'s P/S ratio high or low?

+What is Elastic N.V.'s historical P/S ratio range?

+What was Elastic N.V.'s P/S ratio in 2026?

+Why does Elastic N.V.'s P/S ratio change over time?

Elastic N.V. (ESTC) Key Financials