DroneShield (DRO.AX)

P/S ratio at the end of 2023: 4.01

According to DroneShield's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 6.70. At the end of 2023 the company had a P/S ratio of 4.01.

P/S ratio history for DroneShield from 2016 to 2023

PS ratio at the end of each year

Year	P/S ratio	Change
2023	4.01	-28.67%
2022	5.63	-19.51%
2021	6.99	-46.97%
2020	13.2	-37.52%
2019	21.1	-41.81%
2018	36.3	-59.03%
2017	88.5	-80.23%
2016	448

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 DroneShield (DRO.AX)