Question 1

What is Teradyne's P/S ratio?

Accepted Answer

Teradyne (TER) P/S ratio is 14.9× 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 Teradyne?

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

Question 5

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

Accepted Answer

Teradyne's P/S ratio of 14.9× is above its own 5-year average of 6.4× and above the sector median of 5.7×. That places the current reading at the 95th 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 Teradyne's historical P/S ratio range?

Accepted Answer

In the available daily series, Teradyne (TER) P/S ratio has ranged from a low of 0.6× in 2008 to a high of 20.7× in 2026. The 5-year average is 6.4× and the 5-year median is 6.1×.

Question 7

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

Accepted Answer

Teradyne (TER) P/S ratio at the end of 2025 was 9.5×. 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 Teradyne'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	$30.28B	$3.19B	9.5×	+2.2×	Dec 31, 2025
2024	$20.46B	$2.82B	7.3×	+1.1×	Dec 31, 2024
2023	$16.58B	$2.68B	6.2×	+1.9×	Dec 31, 2023
2022	$13.61B	$3.16B	4.3×	-2.9×	Dec 31, 2022
2021	$26.62B	$3.70B	7.2×	+0.8×	Dec 31, 2021
2020	$19.91B	$3.12B	6.4×	+1.4×	Dec 31, 2020
2019	$11.41B	$2.29B	5.0×	+2.3×	Dec 31, 2019
2018	$5.62B	$2.10B	2.7×	-1.1×	Dec 31, 2018
2017	$8.17B	$2.14B	3.8×	+0.9×	Dec 31, 2017
2016	$5.10B	$1.75B	2.9×	+0.3×	Dec 31, 2016
2015	$4.24B	$1.64B	2.6×	-0.0×	Dec 31, 2015
2014	$4.29B	$1.65B	2.6×	+0.2×	Dec 31, 2014
2013	$3.37B	$1.43B	2.4×	+0.4×	Dec 31, 2013
2012	$3.17B	$1.66B	1.9×	—	Dec 31, 2012
2011	—	$1.43B	—	—	Dec 31, 2011
2010	$2.59B	$1.58B	1.6×	-0.7×	Dec 31, 2010
2009	$1.90B	$819.41M	2.3×	+1.7×	Dec 31, 2009
2008	$714.02M	$1.11B	0.6×	-1.0×	Dec 31, 2008
2007	$1.80B	$1.11B	1.6×	-0.4×	Dec 31, 2007
2006	$2.83B	$1.37B	2.1×	-1.6×	Dec 31, 2006
2005	$2.89B	$792.87M	3.6×	+1.8×	Dec 31, 2005
2004	$3.34B	$1.79B	1.9×	-1.8×	Dec 31, 2004
2003	$4.93B	$1.35B	3.6×	+1.7×	Dec 31, 2003
2002	$2.38B	$1.22B	1.9×	-1.8×	Dec 31, 2002
2001	$5.40B	$1.44B	3.8×	—	Dec 31, 2001


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Science Applications International (SAIC)	0.6×
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HP (HPQ)	0.3×

P/S Ratio for Teradyne (TER)

P/S Ratio daily chart for Teradyne (TER)

Historical P/S Ratio for Teradyne (TER) from 2001 to 2025

About P/S Ratio at Teradyne (TER)

Teradyne P/S Ratio by Year

Teradyne P/S Ratio 2025: 9.5×

Teradyne P/S Ratio 2024: 7.3×

Teradyne P/S Ratio 2023: 6.2×

Teradyne P/S Ratio 2022: 4.3×

Teradyne P/S Ratio 2021: 7.2×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Teradyne (TER) Key Financials

P/S Ratio daily chart for Teradyne (TER)

Historical P/S Ratio for Teradyne (TER) from 2001 to 2025

About P/S Ratio at Teradyne (TER)

Teradyne P/S Ratio by Year

Teradyne P/S Ratio 2025: 9.5×

Teradyne P/S Ratio 2024: 7.3×

Teradyne P/S Ratio 2023: 6.2×

Teradyne P/S Ratio 2022: 4.3×

Teradyne P/S Ratio 2021: 7.2×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Teradyne'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 Teradyne?

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

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

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

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

Teradyne (TER) Key Financials