Santander (SAN) - P/S ratio

P/S ratio as of February 2026 (TTM): 2.78

According to Santander's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.45. At the end of 2025 the company had a P/S ratio of 2.29.

P/S ratio history for Santander from 2001 to 2025

PS ratio at the end of each year

Year	P/S ratio	Change
2025	2.29	126.87%
2024	1.01	-5.49%
2023	1.07	16.77%
2022	0.9136	-9.55%
2021	1.01	1.07%
2020	0.9994	-17.53%
2019	1.21	-4.02%
2018	1.26	-31.98%
2017	1.86	28.97%
2016	1.44	-5.24%
2015	1.52	-13.43%
2014	1.75	-14.64%
2013	2.06	33.13%
2012	1.54	34.25%
2011	1.15	-4.42%
2010	1.20	-55.73%
2009	2.72	33.28%
2008	2.04	-37.98%
2007	3.29	-12.51%
2006	3.76	82.68%
2005	2.06	-50.97%
2004	4.20	33.09%
2003	3.15	59.15%
2002	1.98	-20.21%
2001	2.48

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Bank of America BAC	3.86	38.95%	🇺🇸 USA
HSBC HSBC	4.38	57.81%	🇬🇧 UK
Deutsche Bank DB	2.01	-27.74%	🇩🇪 Germany
Banco Bilbao Vizcaya Argentaria BBVA	3.30	18.70%	🇪🇸 Spain
Banco Santander-Chile BSAC	6.53	135.17%	🇨🇱 Chile
Banco Santander México BSMX	1.46	-47.29%	🇲🇽 Mexico
Itaú Unibanco ITUB	3.53	27.06%	🇧🇷 Brazil
Barclays BCS	2.43	-12.64%	🇬🇧 UK
Grupo Cibest (Bancolombia) CIB	2.92	5.17%	🇨🇴 Colombia

What is the market capitalization of a company?

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P/S ratio for Santander (SAN)

P/S ratio as of February 2026 (TTM): 2.78