Fortis (FTS) - P/S ratio

P/S ratio as of September 2024 (TTM): 2.63

According to Fortis's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.62714. At the end of 2024 the company had a P/S ratio of 2.27.

P/S ratio history for Fortis from 2001 to 2024

PS ratio at the end of each year

Year	P/S ratio	Change
2024	2.27	-3.08%
2023	2.34	2.26%
2022	2.29	-23.97%
2021	3.01	5.2%
2020	2.87	0.02%
2019	2.87	27.67%
2018	2.24	-5.64%
2017	2.38	1.1%
2016	2.35	59.51%
2015	1.47	-22.95%
2014	1.91	20.41%
2013	1.59	-11.79%
2012	1.80	10.14%
2011	1.64	-1.17%
2010	1.66	12.42%
2009	1.47	61.62%
2008	0.9112	-46.15%
2007	1.69	-18.7%
2006	2.08	15.98%
2005	1.79	26.39%
2004	1.42	9.32%
2003	1.30	2.3%
2002	1.27	23.09%
2001	1.03

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Huaneng Power 600011.SS	0.3689	-85.96%	🇨🇳 China
Fortis FTS	2.63	0.00%	🇨🇦 Canada
Hawaiian Electric Industries HE	0.3309	-87.41%	🇺🇸 USA

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 Fortis (FTS)

P/S ratio as of September 2024 (TTM): 2.63