Michelin (ML.PA) - P/S ratio

P/S ratio at the end of 2023: 0.8163

According to Michelin's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.39. At the end of 2023 the company had a P/S ratio of 0.8163.

P/S ratio history for Michelin from 2003 to 2023

PS ratio at the end of each year

Year	P/S ratio	Change
2023	0.8163	26.56%
2022	0.6450	-40.37%
2021	1.08	18.28%
2020	0.9144	13.24%
2019	0.8075	14.07%
2018	0.7079	-27.19%
2017	0.9722	5.96%
2016	0.9176	21.65%
2015	0.7542	5.49%
2014	0.7150	0.88%
2013	0.7087	16.45%
2012	0.6086	53.72%
2011	0.3959	-25.31%
2010	0.5301	-0.64%
2009	0.5335	60.69%
2008	0.3320	-50.46%
2007	0.6702	5.41%
2006	0.6358	45.66%
2005	0.4365	-2.92%
2004	0.4497	32.49%
2003	0.3394

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 Michelin (ML.PA)