Question 1

What is Trade Desk's P/S ratio?

Accepted Answer

Trade Desk (TTD) P/S ratio is 3.2× 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 Trade Desk?

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 Trade Desk specifically, the relevant sector benchmark is the current sector median of 2.3×.

Question 5

Is Trade Desk's P/S ratio high or low?

Accepted Answer

Trade Desk's P/S ratio of 3.2× is below its own 5-year average of 19.4× and above the sector median of 2.3×. 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 Trade Desk's historical P/S ratio range?

Accepted Answer

In the available daily series, Trade Desk (TTD) P/S ratio has ranged from a low of 3.2× in 2026 to a high of 49.7× in 2021. The 5-year average is 19.4× and the 5-year median is 20.2×.

Question 7

What was Trade Desk's P/S ratio in 2025?

Accepted Answer

Trade Desk (TTD) P/S ratio at the end of 2025 was 6.3×. 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 Trade Desk'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	$18.22B	$2.90B	6.3×	-17.5×	Dec 31, 2025
2024	$58.05B	$2.44B	23.7×	+5.6×	Dec 31, 2024
2023	$35.22B	$1.95B	18.1×	+4.2×	Dec 31, 2023
2022	$21.93B	$1.58B	13.9×	-22.9×	Dec 31, 2022
2021	$44.07B	$1.20B	36.8×	-8.1×	Dec 31, 2021
2020	$37.58B	$836.03M	45.0×	+27.3×	Dec 31, 2020
2019	$11.70B	$661.06M	17.7×	+7.2×	Dec 31, 2019
2018	$5.02B	$477.29M	10.5×	+4.4×	Dec 31, 2018
2017	$1.88B	$308.22M	6.1×	+0.8×	Dec 31, 2017
2016	$1.07B	$202.93M	5.3×	-7.2×	Dec 31, 2016
2015	$1.42B	$113.84M	12.5×	—	Dec 31, 2015


Alphabet (GOOGL)	8.2×
Electronic Arts (EA)	6.8×
Meta (META)	6.7×
Take-Two Interactive Software (TTWO)	5.5×
Spotify (SPOT)	4.9×
DoorDash (DASH)	4.4×
TKO Group Holdings (TKO)	3.1×
Roku (ROKU)	2.8×
Pinterest (PINS)	2.7×
T-Mobile US (TMUS)	2.6×
Telephone and Data Systems (TDS)	2.3×
Match Group (MTCH)	2.1×
Warner Bros. Discovery (WBD)	1.8×
Walt Disney (DIS)	1.7×
AT&T (T)	1.6×
News (NWSA)	1.5×
Fox (FOXA)	1.5×
Verizon (VZ)	1.5×
Live Nation Entertainment (LYV)	1.4×
Snap (SNAP)	1.3×
John Wiley & Sons (WLY)	1.0×
Comcast (CMCSA)	0.8×
Omnicom Group (OMC)	0.8×
Charter Communications (CHTR)	0.5×
Paramount Skydance (PSKY)	0.2×

P/S Ratio for Trade Desk (TTD)

P/S Ratio daily chart for Trade Desk (TTD)

Historical P/S Ratio for Trade Desk (TTD) from 2015 to 2025

About P/S Ratio at Trade Desk (TTD)

Trade Desk P/S Ratio by Year

Trade Desk P/S Ratio 2025: 6.3×

Trade Desk P/S Ratio 2024: 23.7×

Trade Desk P/S Ratio 2023: 18.1×

Trade Desk P/S Ratio 2022: 13.9×

Trade Desk P/S Ratio 2021: 36.8×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Trade Desk (TTD) Key Financials

P/S Ratio daily chart for Trade Desk (TTD)

Historical P/S Ratio for Trade Desk (TTD) from 2015 to 2025

About P/S Ratio at Trade Desk (TTD)

Trade Desk P/S Ratio by Year

Trade Desk P/S Ratio 2025: 6.3×

Trade Desk P/S Ratio 2024: 23.7×

Trade Desk P/S Ratio 2023: 18.1×

Trade Desk P/S Ratio 2022: 13.9×

Trade Desk P/S Ratio 2021: 36.8×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Trade Desk'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 Trade Desk?

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

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

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

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

Trade Desk (TTD) Key Financials