Question 1

What is PayPal's P/S ratio?

Accepted Answer

PayPal (PYPL) 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 PayPal?

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 PayPal specifically, the relevant sector benchmark is the current sector median of 2.2×.

Question 5

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

Accepted Answer

PayPal's P/S ratio of 1.1× is below its own 5-year average of 3.9× and below the sector median of 2.2×. That places the current reading at the 0th 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 PayPal's historical P/S ratio range?

Accepted Answer

In the available daily series, PayPal (PYPL) P/S ratio has ranged from a low of 1.1× in 2026 to a high of 16.1× in 2021. The 5-year average is 3.9× and the 5-year median is 2.6×.

Question 7

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

Accepted Answer

PayPal (PYPL) P/S ratio at the end of 2025 was 1.6×. 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 PayPal'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	$54.35B	$33.17B	1.6×	-1.0×	Dec 31, 2025
2024	$85.09B	$31.80B	2.7×	+0.5×	Dec 31, 2024
2023	$66.14B	$29.77B	2.2×	-0.7×	Dec 31, 2023
2022	$81.12B	$27.52B	2.9×	-5.8×	Dec 31, 2022
2021	$221.39B	$25.37B	8.7×	-4.1×	Dec 31, 2021
2020	$274.48B	$21.45B	12.8×	+5.6×	Dec 31, 2020
2019	$126.99B	$17.77B	7.1×	+0.7×	Dec 31, 2019
2018	$98.97B	$15.45B	6.4×	-0.4×	Dec 31, 2018
2017	$88.56B	$13.09B	6.8×	+2.4×	Dec 31, 2017
2016	$47.64B	$10.84B	4.4×	-0.4×	Dec 31, 2016
2015	$44.27B	$9.25B	4.8×	-0.6×	Dec 31, 2015
2014	$42.99B	$8.03B	5.4×	—	Dec 31, 2014


Franklin Resources (BEN)	1.4×
Brookfield (BN)	1.3×
The Hartford (HIG)	1.3×
Chesapeake Financial Shares (CPKF)	1.3×
American Financial Group (AFG)	1.3×
Progressive (PGR)	1.3×
Markel (MKL)	1.3×
PSB Holdings (PSBQ)	1.3×
Principal Financial Group (PFG)	1.3×
Travelers Companies (TRV)	1.3×
Loews (L)	1.2×
Synchrony Financial (SYF)	1.2×
Citigroup (C)	1.2×
AXIS Capital Holdings (AXS)	1.1×
RenaissanceRe Holdings (RNR)	1.1×
Old Republic International (ORI)	1.0×
Everest Re Group (RE)	0.9×
Assurant (AIZ)	0.8×
Allstate (ALL)	0.8×
Mercury General (MCY)	0.8×
Ally Financial (ALLY)	0.8×
Everest Re Group (EG)	0.8×
MetLife (MET)	0.6×
Prudential Financial (PRU)	0.5×
StoneX Group (SNEX)	0.0×

P/S Ratio for PayPal (PYPL)

P/S Ratio daily chart for PayPal (PYPL)

Historical P/S Ratio for PayPal (PYPL) from 2014 to 2025

About P/S Ratio at PayPal (PYPL)

PayPal P/S Ratio by Year

PayPal P/S Ratio 2025: 1.6×

PayPal P/S Ratio 2024: 2.7×

PayPal P/S Ratio 2023: 2.2×

PayPal P/S Ratio 2022: 2.9×

PayPal P/S Ratio 2021: 8.7×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

PayPal (PYPL) Key Financials

P/S Ratio daily chart for PayPal (PYPL)

Historical P/S Ratio for PayPal (PYPL) from 2014 to 2025

About P/S Ratio at PayPal (PYPL)

PayPal P/S Ratio by Year

PayPal P/S Ratio 2025: 1.6×

PayPal P/S Ratio 2024: 2.7×

PayPal P/S Ratio 2023: 2.2×

PayPal P/S Ratio 2022: 2.9×

PayPal P/S Ratio 2021: 8.7×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is PayPal'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 PayPal?

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

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

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

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

PayPal (PYPL) Key Financials