Question 1

What is Opendoor Technologies's P/S ratio?

Accepted Answer

Opendoor Technologies (OPEN) P/S ratio is 1.1× 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 Opendoor Technologies?

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 Opendoor Technologies specifically, the relevant sector benchmark is the current sector median of 7.0×.

Question 5

Is Opendoor Technologies's P/S ratio high or low?

Accepted Answer

Opendoor Technologies's P/S ratio of 1.1× is above its own 5-year average of 0.7× and below the sector median of 7.0×. That places the current reading at the 80th 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 Opendoor Technologies's historical P/S ratio range?

Accepted Answer

In the available daily series, Opendoor Technologies (OPEN) P/S ratio has ranged from a low of 0.0× in 2022 to a high of 5.8× in 2021. The 5-year average is 0.7× and the 5-year median is 0.3×.

Question 7

What was Opendoor Technologies's P/S ratio in 2025?

Accepted Answer

Opendoor Technologies (OPEN) P/S ratio at the end of 2025 was 1.0×. 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 Opendoor Technologies'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	$4.47B	$4.37B	1.0×	+0.8×	Dec 31, 2025
2024	$1.15B	$5.15B	0.2×	-0.2×	Dec 31, 2024
2023	$3.01B	$6.95B	0.4×	+0.4×	Dec 31, 2023
2022	$736.13M	$15.57B	0.0×	-1.1×	Dec 31, 2022
2021	$8.95B	$8.02B	1.1×	-0.5×	Dec 31, 2021
2020	$4.07B	$2.58B	1.6×	+1.4×	Dec 31, 2020
2019	$898.17M	$4.74B	0.2×	—	Dec 31, 2019


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BXP (BXP)	2.4×
Host Hotels & Resorts (HST)	2.2×
Arbor Realty Trust (ABR)	1.2×
CBRE Group (CBRE)	0.9×

P/S Ratio for Opendoor Technologies (OPEN)

P/S Ratio daily chart for Opendoor Technologies (OPEN)

Historical P/S Ratio for Opendoor Technologies (OPEN) from 2019 to 2025

About P/S Ratio at Opendoor Technologies (OPEN)

Opendoor Technologies P/S Ratio by Year

Opendoor Technologies P/S Ratio 2025: 1.0×

Opendoor Technologies P/S Ratio 2024: 0.2×

Opendoor Technologies P/S Ratio 2023: 0.4×

Opendoor Technologies P/S Ratio 2022: 0.0×

Opendoor Technologies P/S Ratio 2021: 1.1×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Opendoor Technologies (OPEN) Key Financials

P/S Ratio daily chart for Opendoor Technologies (OPEN)

Historical P/S Ratio for Opendoor Technologies (OPEN) from 2019 to 2025

About P/S Ratio at Opendoor Technologies (OPEN)

Opendoor Technologies P/S Ratio by Year

Opendoor Technologies P/S Ratio 2025: 1.0×

Opendoor Technologies P/S Ratio 2024: 0.2×

Opendoor Technologies P/S Ratio 2023: 0.4×

Opendoor Technologies P/S Ratio 2022: 0.0×

Opendoor Technologies P/S Ratio 2021: 1.1×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Opendoor Technologies'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 Opendoor Technologies?

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

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

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

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

Opendoor Technologies (OPEN) Key Financials