Question 1

What is Texas Instruments's P/S ratio?

Accepted Answer

Texas Instruments (TXN) P/S ratio is 14.1× 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 Texas Instruments?

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

Question 5

Is Texas Instruments's P/S ratio high or low?

Accepted Answer

Texas Instruments's P/S ratio of 14.1× is above its own 5-year average of 9.4× and above the sector median of 5.7×. That places the current reading at the 98th 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 Texas Instruments's historical P/S ratio range?

Accepted Answer

In the available daily series, Texas Instruments (TXN) P/S ratio has ranged from a low of 1.6× in 2008 to a high of 16.1× in 2026. The 5-year average is 9.4× and the 5-year median is 9.4×.

Question 7

What was Texas Instruments's P/S ratio in 2025?

Accepted Answer

Texas Instruments (TXN) P/S ratio at the end of 2025 was 8.9×. 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 Texas Instruments'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	$157.70B	$17.68B	8.9×	-2.0×	Dec 31, 2025
2024	$171.01B	$15.64B	10.9×	+2.1×	Dec 31, 2024
2023	$154.78B	$17.52B	8.8×	+1.4×	Dec 31, 2023
2022	$149.69B	$20.03B	7.5×	-2.0×	Dec 31, 2022
2021	$174.15B	$18.34B	9.5×	-0.9×	Dec 31, 2021
2020	$150.84B	$14.46B	10.4×	+2.1×	Dec 31, 2020
2019	$119.69B	$14.38B	8.3×	+2.6×	Dec 31, 2019
2018	$90.06B	$15.78B	5.7×	-1.2×	Dec 31, 2018
2017	$102.87B	$14.96B	6.9×	+1.4×	Dec 31, 2017
2016	$72.68B	$13.37B	5.4×	+1.2×	Dec 31, 2016
2015	$55.43B	$13.00B	4.3×	-0.0×	Dec 31, 2015
2014	$55.96B	$13.04B	4.3×	+0.4×	Dec 31, 2014
2013	$47.69B	$12.20B	3.9×	+1.2×	Dec 31, 2013
2012	$34.38B	$12.82B	2.7×	+0.3×	Dec 31, 2012
2011	$33.07B	$13.74B	2.4×	-0.3×	Dec 31, 2011
2010	$38.09B	$13.97B	2.7×	-0.4×	Dec 31, 2010
2009	$32.37B	$10.43B	3.1×	+1.5×	Dec 31, 2009
2008	$19.88B	$12.50B	1.6×	-1.7×	Dec 31, 2008
2007	$45.82B	$13.83B	3.3×	+0.3×	Dec 31, 2007
2006	$42.28B	$14.26B	3.0×	-0.9×	Dec 31, 2006
2005	$51.44B	$13.39B	3.8×	+0.5×	Dec 31, 2005
2004	$42.44B	$12.58B	3.4×	-2.1×	Dec 31, 2004
2003	$53.84B	$9.83B	5.5×	+2.6×	Dec 31, 2003
2002	$24.47B	$8.38B	2.9×	-2.5×	Dec 31, 2002
2001	$44.80B	$8.20B	5.5×	—	Dec 31, 2001


DocuSign (DOCU)	2.7×
Broadridge Financial Solutions (BR)	2.6×
Celestica (CLS)	2.3×
EchoStar (SATS)	2.3×
Gen Digital (GEN)	2.3×
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×
Accenture (ACN)	1.8×
Amkor Technology (AMKR)	1.6×
Block (XYZ)	1.5×
Block (SQ)	1.4×
Fiserv (FISV)	1.4×
Cognizant (CTSH)	1.4×
EPAM Systems (EPAM)	1.3×
Dell Technologies (DELL)	1.0×
Hewlett Packard Enterprise (HPE)	1.0×
Jabil (JBL)	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×

P/S Ratio for Texas Instruments (TXN)

P/S Ratio daily chart for Texas Instruments (TXN)

Historical P/S Ratio for Texas Instruments (TXN) from 2001 to 2025

About P/S Ratio at Texas Instruments (TXN)

Texas Instruments P/S Ratio by Year

Texas Instruments P/S Ratio 2025: 8.9×

Texas Instruments P/S Ratio 2024: 10.9×

Texas Instruments P/S Ratio 2023: 8.8×

Texas Instruments P/S Ratio 2022: 7.5×

Texas Instruments P/S Ratio 2021: 9.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Texas Instruments (TXN) Key Financials

P/S Ratio daily chart for Texas Instruments (TXN)

Historical P/S Ratio for Texas Instruments (TXN) from 2001 to 2025

About P/S Ratio at Texas Instruments (TXN)

Texas Instruments P/S Ratio by Year

Texas Instruments P/S Ratio 2025: 8.9×

Texas Instruments P/S Ratio 2024: 10.9×

Texas Instruments P/S Ratio 2023: 8.8×

Texas Instruments P/S Ratio 2022: 7.5×

Texas Instruments P/S Ratio 2021: 9.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Texas Instruments'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 Texas Instruments?

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

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

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

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

Texas Instruments (TXN) Key Financials