Moderna, Inc. MRNA
198.88
4.06
2.08%
as of 25 Sep
- Market cap
- $78.8B
- P/E
- 0.0×
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Moderna, Inc. (MRNA) P/S ratio
As of 25 September 2026, Moderna, Inc. (MRNA) trades at a P/S ratio of 35.5×. Over the past ten years it has ranged from 0.0× (December 2018) to 543× (May 2020); the current reading is higher than 74% of that period. That is above the Biotechnology industry median of 11.5× and above the Healthcare sector median of 3.8×.
P/S ratio, daily
Annual
| Period | P/S ratio | Change |
|---|---|---|
| FY2025 | 5.9× | 19.60% |
| FY2024 | 4.9× | (21.38%) |
| FY2023 | 6.3× | 71.42% |
| FY2022 | 3.7× | (33.93%) |
| FY2021 | 5.5× | (88.82%) |
| FY2020 | 49.6× | (54.06%) |
| FY2019 | 108× | 1,076.69% |
| FY2018 | 9.2× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly
| Period | P/S ratio | Change |
|---|---|---|
| Jun 2026 | 12.5× | 38.71% |
| Mar 2026 | 9.0× | 52.83% |
| Dec 2025 | 5.9× | 30.75% |
| Sep 2025 | 4.5× | 29.77% |
| 30 more quarters | Free account |
Against its own ten years
Low 0.0×
High 543×
Ten-year median
8.2×
Current reading's percentile
74
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| REGN Regeneron Pharmaceuticals, Inc. compare | 5.2× |
| ONC BeOne Medicines Ltd. - Sponsored ADR compare | 6.6× |
| ALNY Alnylam Pharmaceuticals, Inc. compare | 7.1× |
| RPRX Royalty Pharma PLC compare | 10.2× |
| VRTX Vertex Pharmaceuticals Incorporated compare | 10.6× |
| ARGX argenex SE compare | 11.2× |
| INSM Insmed, Inc. compare | 22.5× |
| MRNA Moderna, Inc. | 35.5× |
| RVMD Revolution Medicines, Inc. compare | 1,606× |
| Biotechnology industry median | 11.5× |
| Healthcare sector median | 3.8× |
| 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)
More on MRNA
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement