International Business Machines Corporation IBM

225.51 (1.55) (0.68%) as of 25 Sep
Market cap
$214.4B
P/E
19.7×
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International Business Machines Corporation (IBM) P/S ratio

As of 25 September 2026, International Business Machines Corporation (IBM) trades at a P/S ratio of 3.1×. Over the past ten years it has ranged from 1.2× (December 2018) to 4.5× (November 2025); the current reading is higher than 84% of that period. That is above the Information Technology Services industry median of 1.1× and above the Technology sector median of 2.9×.

P/S ratio, daily

Annual

Period P/S ratio Change
FY2025 4.1× 26.64%
FY2024 3.2× 35.74%
FY2023 2.4× 12.70%
FY2022 2.1× 1.09%
FY2021 2.1× 7.54%
FY2020 1.9× (1.43%)
FY2019 2.0× 58.19%
FY2018 1.2× (28.36%)
FY2017 1.7× (9.03%)
FY2016 1.9× 21.30%

Quarterly

Period P/S ratio Change
Jun 2026 3.8× 16.04%
Mar 2026 3.3× (19.27%)
Dec 2025 4.1× 1.49%
Sep 2025 4.0× (5.96%)
42 more quarters

Against its own ten years

Low 1.2× High 4.5×
Ten-year median 1.9×
Current reading's percentile 84

P/S ratio against peers

Company P/S ratio
CDW CDW Corporation compare 0.7×
FISV Fiserv, Inc. compare 1.2×
CTSH Cognizant Technology Solutions Corporation compare 1.2×
ACN Accenture PLC compare 1.5×
FIS Fidelity National Information Services, Inc. compare 1.5×
WIT Wipro Limited compare 1.7×
INFY American Noble Gas Inc. compare 2.1×
BR Broadridge Financial Solutions, Inc. compare 2.5×
IBM International Business Machines Corporation 3.1×
Information Technology Services industry median 1.1×
Technology sector median 2.9×
Market median 2.0×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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