Question 1

What is Ventas's P/S ratio?

Accepted Answer

Ventas (VTR) P/S ratio is 6.5× 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 Ventas?

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 Ventas specifically, the relevant sector benchmark is the current sector median of 7.0×.

Question 5

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

Accepted Answer

Ventas's P/S ratio of 6.5× is above its own 5-year average of 5.1× and below the sector median of 7.0×. That places the current reading at the 91th 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 Ventas's historical P/S ratio range?

Accepted Answer

In the available daily series, Ventas (VTR) P/S ratio has ranged from a low of 2.5× in 2020 to a high of 10.1× in 2011. The 5-year average is 5.1× and the 5-year median is 5.2×.

Question 7

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

Accepted Answer

Ventas (VTR) P/S ratio at the end of 2025 was 6.2×. 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 Ventas'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	$36.46B	$5.83B	6.2×	+1.2×	Dec 31, 2025
2024	$24.82B	$4.92B	5.0×	+0.6×	Dec 31, 2024
2023	$20.09B	$4.50B	4.5×	+0.1×	Dec 31, 2023
2022	$18.00B	$4.13B	4.4×	-1.0×	Dec 31, 2022
2021	$20.40B	$3.83B	5.3×	+0.5×	Dec 31, 2021
2020	$18.36B	$3.80B	4.8×	-0.7×	Dec 31, 2020
2019	$21.52B	$3.87B	5.6×	-0.0×	Dec 31, 2019
2018	$20.88B	$3.75B	5.6×	-0.4×	Dec 31, 2018
2017	$21.37B	$3.57B	6.0×	-0.4×	Dec 31, 2017
2016	$22.13B	$3.44B	6.4×	+0.9×	Dec 31, 2016
2015	$18.94B	$3.44B	5.5×	-1.1×	Dec 31, 2015
2014	$20.44B	$3.08B	6.6×	+1.4×	Dec 31, 2014
2013	$14.73B	$2.82B	5.2×	-1.5×	Dec 31, 2013
2012	$16.70B	$2.49B	6.7×	-2.4×	Dec 31, 2012
2011	$13.92B	$1.53B	9.1×	+1.9×	Dec 31, 2011
2010	$7.37B	$1.02B	7.2×	+0.8×	Dec 31, 2010
2009	$5.99B	$937.50M	6.4×	+1.9×	Dec 31, 2009
2008	$4.21B	$931.79M	4.5×	-2.5×	Dec 31, 2008
2007	$5.40B	$774.42M	7.0×	-2.4×	Dec 31, 2007
2006	$3.93B	$418.45M	9.4×	+0.4×	Dec 31, 2006
2005	$2.91B	$324.72M	9.0×	+0.2×	Dec 31, 2005
2004	$2.03B	$232.91M	8.7×	+1.1×	Dec 31, 2004
2003	$1.57B	$207.20M	7.6×	+3.6×	Dec 31, 2003
2002	$790.71M	$196.90M	4.0×	+0.6×	Dec 31, 2002
2001	$691.79M	$204.58M	3.4×	—	Dec 31, 2001


STAG Industrial (STAG)	8.0×
AvalonBay Communities (AVB)	7.5×
American Tower (AMT)	7.4×
VICI Properties (VICI)	7.2×
Equity Residential (EQR)	7.1×
Kimco Realty (KIM)	7.0×
Federal Realty Investment Trust (FRT)	7.0×
Camden Property Trust (CPT)	6.5×
UDR (UDR)	6.4×
Tanger (SKT)	6.4×
Mid-America Apartment Communities (MAA)	6.4×
SBA Communications (SBAC)	6.4×
Invitation Homes (INVH)	5.4×
CoStar Group (CSGP)	4.9×
Apartment Investment and Management (AIV)	4.5×
Iron Mountain (IRM)	4.2×
Healthpeak Properties (DOC)	4.0×
Universal Health Realty Income Trust (UHT)	3.8×
Alexandria Real Estate Equities (ARE)	3.0×
Medical Properties Trust (MPT)	2.8×
BXP (BXP)	2.4×
Host Hotels & Resorts (HST)	2.2×
Arbor Realty Trust (ABR)	1.2×
Opendoor Technologies (OPEN)	1.1×
CBRE Group (CBRE)	0.9×

P/S Ratio for Ventas (VTR)

P/S Ratio daily chart for Ventas (VTR)

Historical P/S Ratio for Ventas (VTR) from 2001 to 2025

About P/S Ratio at Ventas (VTR)

Ventas P/S Ratio by Year

Ventas P/S Ratio 2025: 6.2×

Ventas P/S Ratio 2024: 5.0×

Ventas P/S Ratio 2023: 4.5×

Ventas P/S Ratio 2022: 4.4×

Ventas P/S Ratio 2021: 5.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Ventas (VTR) Key Financials

P/S Ratio daily chart for Ventas (VTR)

Historical P/S Ratio for Ventas (VTR) from 2001 to 2025

About P/S Ratio at Ventas (VTR)

Ventas P/S Ratio by Year

Ventas P/S Ratio 2025: 6.2×

Ventas P/S Ratio 2024: 5.0×

Ventas P/S Ratio 2023: 4.5×

Ventas P/S Ratio 2022: 4.4×

Ventas P/S Ratio 2021: 5.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Ventas'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 Ventas?

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

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

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

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

Ventas (VTR) Key Financials