International Business Machines price to sales ratio IBM
Market value divided by revenue over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 3.4×
- 10-year median
- 1.7×
- Against its 10-year history
- 85th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 1.1× to 4.4×
- Peer median
- 1.5×
International Business Machines' price to sales ratio is 3.4× as of Oct 23, 2026.
That is above its ten-year median of 1.7×, higher than on 85% of days in the last ten years.
Over that time it ranged from 1.1× in Mar 2020 to 4.4× in Dec 2025.
The median for 3 IT services stocks of a similar size is 1.5×.
Price to sales ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 3.4× | 2.9× | 4.4× |
| 2025 | 4.4× | 3.2× | 4.4× |
| 2024 | 3.3× | 2.4× | 3.5× |
| 2023 | 2.4× | 1.8× | 2.4× |
| 2022 | 1.7× | 1.5× | 1.7× |
| 2021 | 1.6× | 1.3× | 1.8× |
| 2020 | 1.4× | 1.1× | 1.7× |
| 2019 | 1.5× | 1.3× | 1.6× |
| 2018 | 1.2× | 1.2× | 1.9× |
| 2017 | 1.7× | 1.6× | 2.1× |
| 2016 | 1.9× | 1.3× | 1.9× |
| 2015 | 1.5× | 1.5× | 1.8× |
| 2014 | 1.6× | 1.5× | 1.9× |
| 2013 | 1.9× | 1.8× | 2.2× |
| 2012 | 2.0× | 1.9× | 2.2× |
| 2011 | 1.9× | 1.7× | 2.1× |
| 2010 | 1.8× | 1.5× | 1.8× |
Against its peers
Companies in Information Technology Services nearest International Business Machines' size, closest first, today.
| Company | Price to sales ratio |
|---|---|
| IBMInternational Business Machines | 3.4× |
| ACNAccenture | 2.2× |
| CTSHCognizant Technology Solutions | 1.5× |
| FISVFiserv | 1.3× |
| Peer median | 1.5× |
Where International Business Machines ranks
What the price to sales ratio tells you
Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.
Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.
More on International Business Machines
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.