Fortis (FTS) - P/S ratio

P/S ratio as of December 2024 (TTM): 2.47

According to Fortis's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.16. At the end of 2024 the company had a P/S ratio of 2.66.

P/S ratio history for Fortis from 2001 to 2024

PS ratio at the end of each year

Year	P/S ratio	Change
2024	2.66	13.48%
2023	2.34	2.44%
2022	2.29	-24.39%
2021	3.03	5.45%
2020	2.87	-0.02%
2019	2.87	27.95%
2018	2.24	-5.72%
2017	2.38	1.29%
2016	2.35	59.33%
2015	1.47	-22.98%
2014	1.91	20.39%
2013	1.59	-11.71%
2012	1.80	10.13%
2011	1.64	-1.25%
2010	1.66	12.73%
2009	1.47	60.15%
2008	0.9173	-46.15%
2007	1.70	-18.06%
2006	2.08	16.2%
2005	1.79	22.56%
2004	1.46	12.73%
2003	1.30	2%
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	0.3813	-84.58%	🇨🇳 China
Fortis FTS	2.47	0.00%	🇨🇦 Canada
Hawaiian Electric Industries HE	0.4759	-80.76%	🇺🇸 USA

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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 December 2024 (TTM): 2.47