Fortis Inc
TSX:FTS

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Fortis Inc
TSX:FTS
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Price: 64.82 CAD 1.23% Market Closed
Market Cap: 32.4B CAD

P/S
Price to Sales

2.8
Current
2.4
Median
1.7
Industry
Higher than median
Higher than industry value

Price to Sales (P/S) ratio is a valuation multiple that compares a company’s market capitalization to its revenues. It is an indicator of the value that financial markets have placed on each dollar of a company’s sales.

P/S
2.8
=
Market Cap
32.4B CAD
/
Revenue
11.5B CAD

P/S Forward Multiples

Forward P/S multiple is a version of the P/S ratio that uses forecasted revenue for the P/S calculation. 1-Year, 2-Years, and 3-Years forwards use revenue forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/S
2.5
2-Years Forward
P/S
2.4
3-Years Forward
P/S
2.3