Price to Sales ratio Analysis of Fortinet Inc - Deep Dive
Latest FY PS
Period Ending - Dec-23
Very Poor PS
9.28
Period Ending - Dec-22
Very Poor PS
11.52
Growth
-19.44 %
Trailing Twelve Months PS
Period Ending - Dec-23
Very Poor PS
8.83
PS Analysis of Fortinet Inc
P/S Ratio of Fortinet Inc with value of 8.83 indicates that stock price is high compared to sales of the company and may be overvalued. |
PS Ratio of FTNT has fallen by -19.44 % Compared to previous Financial Year. |
PS Ratio with value of 123.57 was highest in Year Dec-19 in last Five Years. |
PS Ratio of FTNT trending down for at least three Years. |
Latest PS Ratio with value of 9.28 is lower than Average PS of 63.78 in last five years. |
Other PS Related Info of FTNT that may interest you.
Fortinet Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
FTNT | 60.9 | 60.78 | 0.197 % | Software-Infrastructure |
Defination of Price to Sales
The Price to Sales Ratio indicates how much investors are willing to pay for each rupee of sales generated by a company. Price-to-Sales Ratio is used to determine whether a stock is currently profitable or less profitable, which is helpful for better investment decisions. more ..PS Related Ratios
PriceToBookRatio | PriceToEarningRatio | AssetTurnoverRatio |
Tsr Value Index
Very Low Value Stock |
FY - Historical Price to Sales of Fortinet Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
PS | 9.28 | 11.52 | 76.12 | 98.41 | 123.57 | 147.25 | 181.36 |
Change | -19.44 % | -84.87 % | -22.65 % | -20.36 % | -16.08 % | -18.81 % | -13.84 % |
FY Chart of Price to Sales of Fortinet Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)