Question 1

What is Atlassian's P/S ratio?

Accepted Answer

Atlassian (TEAM) P/S ratio is 4.2× 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 Atlassian?

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

Question 5

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

Accepted Answer

Atlassian's P/S ratio of 4.2× is below its own 5-year average of 16.4× and below the sector median of 5.7×. That places the current reading at the 6th 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 Atlassian's historical P/S ratio range?

Accepted Answer

In the available daily series, Atlassian (TEAM) P/S ratio has ranged from a low of 2.6× in 2026 to a high of 51.6× in 2021. The 5-year average is 16.4× and the 5-year median is 12.6×.

Question 7

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

Accepted Answer

Atlassian (TEAM) P/S ratio at the end of 2025 was 10.2×. 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 Atlassian'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	$53.39B	$5.22B	10.2×	-0.4×	Jun 30, 2025
2024	$46.40B	$4.36B	10.6×	-1.5×	Jun 30, 2024
2023	$42.76B	$3.53B	12.1×	-4.9×	Jun 30, 2023
2022	$47.69B	$2.80B	17.0×	-13.9×	Jun 30, 2022
2021	$64.54B	$2.09B	30.9×	+3.3×	Jun 30, 2021
2020	$44.51B	$1.61B	27.6×	+1.3×	Jun 30, 2020
2019	$31.77B	$1.21B	26.3×	+9.5×	Jun 30, 2019
2018	$14.64B	$873.95M	16.8×	+3.9×	Jun 30, 2018
2017	$7.94B	$619.94M	12.8×	+0.7×	Jun 30, 2017
2016	$5.55B	$457.06M	12.1×	-1.6×	Jun 30, 2016
2015	$4.38B	$319.52M	13.7×	—	Jun 30, 2015


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P/S Ratio for Atlassian (TEAM)

P/S Ratio daily chart for Atlassian (TEAM)

Historical P/S Ratio for Atlassian (TEAM) from 2015 to 2025

About P/S Ratio at Atlassian (TEAM)

Atlassian P/S Ratio by Year

Atlassian P/S Ratio 2025: 10.2×

Atlassian P/S Ratio 2024: 10.6×

Atlassian P/S Ratio 2023: 12.1×

Atlassian P/S Ratio 2022: 17.0×

Atlassian P/S Ratio 2021: 30.9×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Atlassian (TEAM) Key Financials

P/S Ratio daily chart for Atlassian (TEAM)

Historical P/S Ratio for Atlassian (TEAM) from 2015 to 2025

About P/S Ratio at Atlassian (TEAM)

Atlassian P/S Ratio by Year

Atlassian P/S Ratio 2025: 10.2×

Atlassian P/S Ratio 2024: 10.6×

Atlassian P/S Ratio 2023: 12.1×

Atlassian P/S Ratio 2022: 17.0×

Atlassian P/S Ratio 2021: 30.9×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Atlassian'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 Atlassian?

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

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

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

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

Atlassian (TEAM) Key Financials