Novonix (NVX) - P/S ratio

P/S ratio at the end of 2023: 29.4

According to Novonix's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.21. At the end of 2023 the company had a P/S ratio of 29.4.

P/S ratio history for Novonix from 2022 to 2023

PS ratio at the end of each year

Year	P/S ratio	Change
2023	29.4	-76.47%
2022	125

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 Novonix (NVX)