Audinate Group (AD8.AX)

P/S ratio at the end of 2023: 10.3

According to Audinate Group's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 11.2928. At the end of 2023 the company had a P/S ratio of 10.3.

P/S ratio history for Audinate Group from 2017 to 2023

PS ratio at the end of each year

Year	P/S ratio	Change
2023	10.3	-17.87%
2022	12.6	-32.36%
2021	18.6	53.56%
2020	12.1	-29.83%
2019	17.2	42.26%
2018	12.1	100.55%
2017	6.05

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 Audinate Group (AD8.AX)