Question 1

What is Oracle's P/S ratio?

Accepted Answer

Oracle (ORCL) P/S ratio is 5.4× as of July 22, 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 Oracle?

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 Oracle specifically, the relevant sector benchmark is the current sector median of 5.8×.

Question 5

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

Accepted Answer

Oracle's P/S ratio of 5.4× is below its own 5-year average of 6.8× and below the sector median of 5.8×. That places the current reading at the 24th 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 Oracle's historical P/S ratio range?

Accepted Answer

In the available daily series, Oracle (ORCL) P/S ratio has ranged from a low of 3.3× in 2009 to a high of 16.2× in 2025. The 5-year average is 6.8× and the 5-year median is 6.1×.

Question 7

What was Oracle's P/S ratio in 2026?

Accepted Answer

Oracle (ORCL) P/S ratio at the end of 2026 was 10.6×. 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 Oracle'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	$714B	$67.4B	10.6×	+2.5×	May 31, 2026
2025	$464B	$57.4B	8.1×	+2.0×	May 31, 2025
2024	$323B	$53B	6.1×	+0.4×	May 31, 2024
2023	$287B	$50B	5.7×	+1.2×	May 31, 2023
2022	$192B	$42.4B	4.5×	-1.1×	May 31, 2022
2021	$227B	$40.5B	5.6×	+1.3×	May 31, 2021
2020	$167B	$39.1B	4.3×	-0.1×	May 31, 2020
2019	$171B	$39.5B	4.3×	-0.4×	May 31, 2019
2018	$189B	$39.8B	4.7×	-0.2×	May 31, 2018
2017	$188B	$37.7B	5.0×	+0.4×	May 31, 2017
2016	$170B	$37B	4.6×	-0.5×	May 31, 2016
2015	$194B	$38.2B	5.1×	+0.1×	May 31, 2015
2014	$191B	$38.3B	5.0×	+0.7×	May 31, 2014
2013	$160B	$37.2B	4.3×	+0.8×	May 31, 2013
2012	$129B	$37.1B	3.5×	-1.4×	May 31, 2012
2011	$173B	$35.6B	4.9×	+0.7×	May 31, 2011
2010	$111B	$26.8B	4.2×	-0.1×	May 31, 2010
2009	$99.5B	$23.3B	4.3×	-1.0×	May 31, 2009
2008	$118B	$22.4B	5.2×	-0.3×	May 31, 2008
2007	$99B	$18B	5.5×	+0.3×	May 31, 2007
2006	$74.2B	$14.4B	5.2×	-0.4×	May 31, 2006
2005	$65.6B	$11.8B	5.6×	-0.1×	May 31, 2005
2004	$57.7B	$10.2B	5.7×	-1.5×	May 31, 2004
2003	$68.2B	$9.48B	7.2×	+2.7×	May 31, 2003
2002	$43.3B	$9.67B	4.5×	—	May 31, 2002


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×
Gartner (IT)	1.7×
Accenture (ACN)	1.6×
Amkor Technology (AMKR)	1.6×
Block (XYZ)	1.5×
Fiserv (FISV)	1.4×
Cognizant (CTSH)	1.4×
EPAM Systems (EPAM)	1.3×
Optical Cable (OCC)	1.2×
Leidos Holdings (LDOS)	1.2×
Jabil (JBL)	1.1×
Dell Technologies (DELL)	1.0×
Sunrun (RUN)	1.0×
Hewlett Packard Enterprise (HPE)	1.0×
Flex (FLEX)	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×
IBM (IBM)	0.0×

P/S Ratio for Oracle (ORCL) 2002-2026

P/S Ratio daily chart for Oracle (ORCL)

Historical P/S Ratio for Oracle (ORCL) from 2002 to 2026

About P/S Ratio at Oracle (ORCL)

Oracle P/S Ratio by Year

Oracle P/S Ratio 2026: 10.6×

Oracle P/S Ratio 2025: 8.1×

Oracle P/S Ratio 2024: 6.1×

Oracle P/S Ratio 2023: 5.7×

Oracle P/S Ratio 2022: 4.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Oracle (ORCL) Key Financials