Question 1

What is Microsoft's P/S ratio?

Accepted Answer

Microsoft (MSFT) P/S ratio is 9.7× 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 Microsoft?

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 Microsoft specifically, the relevant sector benchmark is the current sector median of 5.7×.

Question 5

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

Accepted Answer

Microsoft's P/S ratio of 9.7× is below its own 5-year average of 11.5× and above the sector median of 5.7×. That places the current reading at the 13th 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 Microsoft's historical P/S ratio range?

Accepted Answer

In the available daily series, Microsoft (MSFT) P/S ratio has ranged from a low of 2.7× in 2009 to a high of 14.8× in 2024. The 5-year average is 11.5× and the 5-year median is 12.0×.

Question 7

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

Accepted Answer

Microsoft (MSFT) P/S ratio at the end of 2025 was 13.1×. 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 Microsoft'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	$3.70T	$281.72B	13.1×	-0.7×	Jun 30, 2025
2024	$3.39T	$245.12B	13.8×	+1.9×	Jun 30, 2024
2023	$2.53T	$211.91B	11.9×	+2.3×	Jun 30, 2023
2022	$1.92T	$198.27B	9.7×	-2.4×	Jun 30, 2022
2021	$2.04T	$168.09B	12.1×	+1.3×	Jun 30, 2021
2020	$1.54T	$143.01B	10.8×	+2.5×	Jun 30, 2020
2019	$1.04T	$125.84B	8.3×	+1.4×	Jun 30, 2019
2018	$757.62B	$110.36B	6.9×	+1.3×	Jun 30, 2018
2017	$533.93B	$96.57B	5.5×	+0.8×	Jun 30, 2017
2016	$401.28B	$85.32B	4.7×	+0.9×	Jun 30, 2016
2015	$355.89B	$93.58B	3.8×	-0.2×	Jun 30, 2015
2014	$343.86B	$86.83B	4.0×	+0.3×	Jun 30, 2014
2013	$286.73B	$77.85B	3.7×	+0.2×	Jun 30, 2013
2012	$256.59B	$73.72B	3.5×	+0.3×	Jun 30, 2012
2011	$219.10B	$69.94B	3.1×	-0.1×	Jun 30, 2011
2010	$200.51B	$62.48B	3.2×	-0.4×	Jun 30, 2010
2009	$211.55B	$58.44B	3.6×	-0.6×	Jun 30, 2009
2008	$254.88B	$60.42B	4.2×	-1.3×	Jun 30, 2008
2007	$280.11B	$51.12B	5.5×	+0.1×	Jun 30, 2007
2006	$237.40B	$44.28B	5.4×	-1.3×	Jun 30, 2006
2005	$267.01B	$39.79B	6.7×	-1.7×	Jun 30, 2005
2004	$309.13B	$36.84B	8.4×	-0.2×	Jun 30, 2004
2003	$275.17B	$32.19B	8.5×	-1.5×	Jun 30, 2003
2002	$285.13B	$28.36B	10.1×	—	Jun 30, 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 Microsoft (MSFT)

P/S Ratio daily chart for Microsoft (MSFT)

Historical P/S Ratio for Microsoft (MSFT) from 2002 to 2025

About P/S Ratio at Microsoft (MSFT)

Microsoft P/S Ratio by Year

Microsoft P/S Ratio 2025: 13.1×

Microsoft P/S Ratio 2024: 13.8×

Microsoft P/S Ratio 2023: 11.9×

Microsoft P/S Ratio 2022: 9.7×

Microsoft P/S Ratio 2021: 12.1×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Microsoft (MSFT) Key Financials

P/S Ratio daily chart for Microsoft (MSFT)

Historical P/S Ratio for Microsoft (MSFT) from 2002 to 2025

About P/S Ratio at Microsoft (MSFT)

Microsoft P/S Ratio by Year

Microsoft P/S Ratio 2025: 13.1×

Microsoft P/S Ratio 2024: 13.8×

Microsoft P/S Ratio 2023: 11.9×

Microsoft P/S Ratio 2022: 9.7×

Microsoft P/S Ratio 2021: 12.1×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Microsoft'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 Microsoft?

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

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

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

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

Microsoft (MSFT) Key Financials