Question 1

What is Edwards Lifesciences's P/S ratio?

Accepted Answer

Edwards Lifesciences (EW) P/S ratio is 7.9× 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 Edwards Lifesciences?

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 Edwards Lifesciences specifically, the relevant sector benchmark is the current sector median of 3.5×.

Question 5

Is Edwards Lifesciences's P/S ratio high or low?

Accepted Answer

Edwards Lifesciences's P/S ratio of 7.9× is below its own 5-year average of 9.9× and above the sector median of 3.5×. That places the current reading at the 19th 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 Edwards Lifesciences's historical P/S ratio range?

Accepted Answer

In the available daily series, Edwards Lifesciences (EW) P/S ratio has ranged from a low of 1.9× in 2003 to a high of 16.2× in 2021. The 5-year average is 9.9× and the 5-year median is 9.0×.

Question 7

What was Edwards Lifesciences's P/S ratio in 2025?

Accepted Answer

Edwards Lifesciences (EW) P/S ratio at the end of 2025 was 8.2×. 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 Edwards Lifesciences'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	$49.48B	$6.07B	8.2×	+0.2×	Dec 31, 2025
2024	$43.66B	$5.46B	8.0×	-0.8×	Dec 31, 2024
2023	$46.15B	$5.26B	8.8×	+0.3×	Dec 31, 2023
2022	$45.73B	$5.38B	8.5×	-7.0×	Dec 31, 2022
2021	$80.85B	$5.23B	15.5×	+2.5×	Dec 31, 2021
2020	$56.88B	$4.39B	13.0×	+1.8×	Dec 31, 2020
2019	$48.71B	$4.35B	11.2×	+2.6×	Dec 31, 2019
2018	$31.87B	$3.72B	8.6×	+1.6×	Dec 31, 2018
2017	$23.76B	$3.44B	6.9×	+0.2×	Dec 31, 2017
2016	$20.02B	$2.96B	6.8×	-0.1×	Dec 31, 2016
2015	$17.04B	$2.49B	6.8×	+0.9×	Dec 31, 2015
2014	$13.68B	$2.32B	5.9×	+2.4×	Dec 31, 2014
2013	$7.18B	$2.05B	3.5×	-1.9×	Dec 31, 2013
2012	$10.37B	$1.90B	5.5×	+0.7×	Dec 31, 2012
2011	$8.07B	$1.68B	4.8×	-1.5×	Dec 31, 2011
2010	$9.18B	$1.45B	6.3×	+2.6×	Dec 31, 2010
2009	$4.90B	$1.32B	3.7×	+1.2×	Dec 31, 2009
2008	$3.07B	$1.24B	2.5×	+0.1×	Dec 31, 2008
2007	$2.61B	$1.09B	2.4×	-0.2×	Dec 31, 2007
2006	$2.71B	$1.04B	2.6×	+0.1×	Dec 31, 2006
2005	$2.48B	$997.90M	2.5×	-0.2×	Dec 31, 2005
2004	$2.46B	$931.50M	2.6×	+0.6×	Dec 31, 2004
2003	$1.78B	$860.50M	2.1×	-0.1×	Dec 31, 2003
2002	$1.50B	$704.00M	2.1×	-0.2×	Dec 31, 2002
2001	$1.63B	$692.00M	2.4×	—	Dec 31, 2001


Zimmer Biomet Holdings (ZBH)	2.1×
AptarGroup (ATR)	2.1×
Becton, Dickinson and (BDX)	2.1×
Charles River (CRL)	1.9×
Quest Diagnostics (DGX)	1.9×
IQVIA (IQV)	1.7×
GE HealthCare (GEHC)	1.6×
Labcorp Holdings (LH)	1.6×
HCA Healthcare (HCA)	1.4×
Solventum (SOLV)	1.4×
Viatris (VTRS)	1.1×
Baxter International (BAX)	0.8×
DaVita (DVA)	0.7×
Henry Schein (HSIC)	0.6×
Universal Health Services (UHS)	0.6×
UnitedHealth Group (UNH)	0.5×
Elevance Health (ELV)	0.3×
McKesson (MCK)	0.3×
Cigna (CI)	0.3×
CVS Health (CVS)	0.2×
Cardinal Health (CAH)	0.2×
Cencora (COR)	0.2×
Humana (HUM)	0.2×
Molina Healthcare (MOH)	0.2×
Centene (CNC)	0.1×

P/S Ratio for Edwards Lifesciences (EW)

P/S Ratio daily chart for Edwards Lifesciences (EW)

Historical P/S Ratio for Edwards Lifesciences (EW) from 2001 to 2025

About P/S Ratio at Edwards Lifesciences (EW)

Edwards Lifesciences P/S Ratio by Year

Edwards Lifesciences P/S Ratio 2025: 8.2×

Edwards Lifesciences P/S Ratio 2024: 8.0×

Edwards Lifesciences P/S Ratio 2023: 8.8×

Edwards Lifesciences P/S Ratio 2022: 8.5×

Edwards Lifesciences P/S Ratio 2021: 15.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Edwards Lifesciences (EW) Key Financials

P/S Ratio daily chart for Edwards Lifesciences (EW)

Historical P/S Ratio for Edwards Lifesciences (EW) from 2001 to 2025

About P/S Ratio at Edwards Lifesciences (EW)

Edwards Lifesciences P/S Ratio by Year

Edwards Lifesciences P/S Ratio 2025: 8.2×

Edwards Lifesciences P/S Ratio 2024: 8.0×

Edwards Lifesciences P/S Ratio 2023: 8.8×

Edwards Lifesciences P/S Ratio 2022: 8.5×

Edwards Lifesciences P/S Ratio 2021: 15.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Edwards Lifesciences'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 Edwards Lifesciences?

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

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

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

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

Edwards Lifesciences (EW) Key Financials