Price to Sales (P/S)
since 2005
Calculation
International Business Machines Corp., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Revenue1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 26, 2024 | 2.73 | = | 184.13 | ÷ | 67.48 | 67.48 | = | 61,860 | ÷ | 916,744,848 | |
| Feb 28, 2023 | 1.94 | = | 129.30 | ÷ | 66.73 | 66.73 | = | 60,530 | ÷ | 907,105,611 | |
| Feb 22, 2022 | 1.94 | = | 123.92 | ÷ | 63.77 | 63.77 | = | 57,350 | ÷ | 899,309,986 | |
| Feb 23, 2021 | 1.47 | = | 120.71 | ÷ | 82.39 | 82.39 | = | 73,620 | ÷ | 893,594,090 | |
| Feb 25, 2020 | 1.63 | = | 141.71 | ÷ | 86.84 | 86.84 | = | 77,147 | ÷ | 888,408,023 | |
| Feb 26, 2019 | 1.56 | = | 139.72 | ÷ | 89.44 | 89.44 | = | 79,591 | ÷ | 889,866,256 | |
| Feb 27, 2018 | 1.82 | = | 156.55 | ÷ | 85.91 | 85.91 | = | 79,139 | ÷ | 921,167,894 | |
| Feb 28, 2017 | 2.12 | = | 179.82 | ÷ | 84.73 | 84.73 | = | 79,919 | ÷ | 943,212,551 | |
| Feb 23, 2016 | 1.56 | = | 132.40 | ÷ | 85.07 | 85.07 | = | 81,741 | ÷ | 960,880,915 | |
| Feb 24, 2015 | 1.76 | = | 164.83 | ÷ | 93.88 | 93.88 | = | 92,793 | ÷ | 988,424,172 | |
| Feb 25, 2014 | 1.91 | = | 183.23 | ÷ | 95.79 | 95.79 | = | 99,751 | ÷ | 1,041,340,758 | |
| Feb 26, 2013 | 2.12 | = | 199.14 | ÷ | 93.77 | 93.77 | = | 104,507 | ÷ | 1,114,509,771 | |
| Feb 28, 2012 | 2.15 | = | 197.98 | ÷ | 92.28 | 92.28 | = | 106,916 | ÷ | 1,158,661,712 | |
| Feb 22, 2011 | 1.98 | = | 161.95 | ÷ | 81.89 | 81.89 | = | 99,870 | ÷ | 1,219,536,250 | |
| Feb 23, 2010 | 1.72 | = | 126.46 | ÷ | 73.72 | 73.72 | = | 95,758 | ÷ | 1,299,003,390 | |
| Feb 24, 2009 | 1.12 | = | 86.40 | ÷ | 77.24 | 77.24 | = | 103,630 | ÷ | 1,341,677,786 | |
| Feb 26, 2008 | 1.60 | = | 114.38 | ÷ | 71.36 | 71.36 | = | 98,786 | ÷ | 1,384,330,881 | |
| Feb 27, 2007 | 1.55 | = | 93.96 | ÷ | 60.73 | 60.73 | = | 91,424 | ÷ | 1,505,528,922 | |
| Feb 28, 2006 | 1.38 | = | 80.24 | ÷ | 58.15 | 58.15 | = | 91,134 | ÷ | 1,567,313,082 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of International Business Machines Corp. Annual Report.
Comparison to Competitors
International Business Machines Corp., P/S, long-term trends, comparison to competitors
| International Business Machines Corp. | Accenture PLC | Adobe Inc. | Autodesk Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 26, 2024 | 2.73 | 2.98 | 13.88 | 8.55 | 20.02 | 12.81 | 10.72 | 11.60 | 6.63 | 10.87 | 5.84 | 17.52 | 14.75 |
| Feb 28, 2023 | 1.94 | 2.56 | 8.95 | 9.35 | 14.23 | 30.15 | 9.30 | 10.40 | 4.25 | 9.62 | 7.40 | 12.75 | 10.03 |
| Feb 22, 2022 | 1.94 | 4.28 | 14.94 | 15.15 | 12.55 | 48.70 | 16.09 | 12.81 | 5.38 | 10.72 | 9.24 | 19.02 | 13.22 |
| Feb 23, 2021 | 1.47 | 3.26 | 17.04 | 10.00 | 13.85 | 22.79 | 11.78 | 10.85 | 4.33 | 6.66 | 8.88 | 25.66 | 10.08 |
| Feb 25, 2020 | 1.63 | 2.72 | 15.11 | 13.21 | 8.56 | — | 11.05 | 8.38 | 4.74 | 7.06 | 9.00 | 19.36 | 6.27 |
| Feb 26, 2019 | 1.56 | 2.35 | 13.23 | 13.95 | 7.53 | — | 9.52 | 7.51 | 4.41 | 9.75 | 8.89 | 16.63 | 4.10 |
| Feb 27, 2018 | 1.82 | 2.45 | 13.32 | 9.09 | 5.85 | — | 6.99 | 6.19 | 5.56 | 7.49 | 6.96 | 14.55 | 4.80 |
| Feb 28, 2017 | 2.12 | 2.13 | 9.34 | 5.14 | 4.53 | — | 6.17 | 5.13 | 4.45 | 9.69 | 7.09 | 10.50 | 3.71 |
| Feb 23, 2016 | 1.56 | 2.11 | 9.27 | 5.57 | 3.73 | — | 5.56 | 3.99 | 4.66 | 16.88 | 7.82 | 8.69 | 3.07 |
| Feb 24, 2015 | 1.76 | 1.61 | 8.59 | 5.25 | 3.42 | — | 5.32 | 4.10 | 4.67 | 13.17 | 9.54 | 16.81 | 3.15 |
| Feb 25, 2014 | 1.91 | 1.64 | 7.45 | 3.87 | 2.96 | — | 4.47 | 3.41 | 3.75 | 8.38 | 8.92 | 22.61 | 3.12 |
| Feb 26, 2013 | 2.12 | 1.54 | 4.30 | 4.11 | 3.02 | — | 4.27 | 3.32 | 3.66 | 17.50 | 8.91 | 19.84 | 2.76 |
| Feb 28, 2012 | 2.15 | 1.47 | 3.65 | 4.60 | 2.81 | — | 3.71 | 3.32 | 4.60 | — | 9.79 | — | 2.52 |
| Feb 22, 2011 | 1.98 | 1.36 | 4.50 | 3.90 | 2.76 | — | 4.12 | 3.57 | 4.04 | — | 7.35 | — | 2.93 |
| Feb 23, 2010 | 1.72 | 1.20 | 6.12 | 1.31 | 1.81 | — | 2.81 | 3.63 | 4.63 | — | 3.52 | — | 2.33 |
| Feb 24, 2009 | 1.12 | 0.92 | 2.88 | 3.37 | 1.01 | — | 3.21 | 3.89 | 4.79 | — | 9.52 | — | 1.93 |
| Feb 26, 2008 | 1.60 | 1.41 | 6.24 | 5.67 | 1.91 | — | 3.61 | 20.52 | 5.60 | — | 9.94 | — | 3.16 |
| Feb 27, 2007 | 1.55 | 1.44 | 8.78 | 5.75 | 3.95 | — | 4.87 | 17.98 | 5.51 | — | 13.93 | — | 3.54 |
| Feb 28, 2006 | 1.38 | 1.32 | 11.84 | 5.50 | 3.86 | — | 3.94 | 21.64 | 5.80 | — | 8.64 | — | 3.15 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Software & Services)
International Business Machines Corp., P/S, long-term trends, comparison to sector (software & services)
| International Business Machines Corp. | Software & Services | |
|---|---|---|
| Feb 26, 2024 | 2.73 | 8.70 |
| Feb 28, 2023 | 1.94 | 7.43 |
| Feb 22, 2022 | 1.94 | 9.44 |
| Feb 23, 2021 | 1.47 | 7.57 |
| Feb 25, 2020 | 1.63 | 6.06 |
| Feb 26, 2019 | 1.56 | 5.24 |
| Feb 27, 2018 | 1.82 | 4.65 |
| Feb 28, 2017 | 2.12 | 3.93 |
| Feb 23, 2016 | 1.56 | 3.38 |
| Feb 24, 2015 | 1.76 | 3.30 |
| Feb 25, 2014 | 1.91 | 2.87 |
| Feb 26, 2013 | 2.12 | 2.80 |
| Feb 28, 2012 | 2.15 | 2.86 |
| Feb 22, 2011 | 1.98 | 2.73 |
| Feb 23, 2010 | 1.72 | 2.59 |
| Feb 24, 2009 | 1.12 | 2.32 |
| Feb 26, 2008 | 1.60 | 6.94 |
| Feb 27, 2007 | 1.55 | 6.19 |
| Feb 28, 2006 | 1.38 | 6.72 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
International Business Machines Corp., P/S, long-term trends, comparison to industry (information technology)
| International Business Machines Corp. | Information Technology | |
|---|---|---|
| Feb 26, 2024 | 2.73 | 7.87 |
| Feb 28, 2023 | 1.94 | 6.47 |
| Feb 22, 2022 | 1.94 | 7.49 |
| Feb 23, 2021 | 1.47 | 6.63 |
| Feb 25, 2020 | 1.63 | 5.03 |
| Feb 26, 2019 | 1.56 | 4.30 |
| Feb 27, 2018 | 1.82 | 4.18 |
| Feb 28, 2017 | 2.12 | 3.45 |
| Feb 23, 2016 | 1.56 | 3.02 |
| Feb 24, 2015 | 1.76 | 3.29 |
| Feb 25, 2014 | 1.91 | 2.84 |
| Feb 26, 2013 | 2.12 | 2.88 |
| Feb 28, 2012 | 2.15 | 2.84 |
| Feb 22, 2011 | 1.98 | 3.05 |
| Feb 23, 2010 | 1.72 | 3.11 |
| Feb 24, 2009 | 1.12 | 2.41 |
| Feb 26, 2008 | 1.60 | 5.78 |
| Feb 27, 2007 | 1.55 | 5.20 |
| Feb 28, 2006 | 1.38 | 5.61 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).