IDP Education (IEL.AX)

P/S ratio at the end of 2023: 6.42

According to IDP Education's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.40413. At the end of 2023 the company had a P/S ratio of 6.42.

P/S ratio history for IDP Education from 2016 to 2023

PS ratio at the end of each year

Year	P/S ratio	Change
2023	6.42	-23.13%
2022	8.36	-35.26%
2021	12.9	75.8%
2020	7.34	-1.74%
2019	7.47	38.52%
2018	5.40	65.96%
2017	3.25	13.24%
2016	2.87

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for IDP Education (IEL.AX)