Price to Sales (P/S)
since 2005
Calculation
Autodesk Inc., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Net revenue1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 10, 2024 | 8.55 | = | 218.20 | ÷ | 25.51 | 25.51 | = | 5,497 | ÷ | 215,446,979 | |
| Mar 14, 2023 | 8.55 | = | 199.22 | ÷ | 23.30 | 23.30 | = | 5,005 | ÷ | 214,782,702 | |
| Mar 14, 2022 | 9.35 | = | 188.70 | ÷ | 20.19 | 20.19 | = | 4,386 | ÷ | 217,307,974 | |
| Mar 19, 2021 | 15.15 | = | 261.50 | ÷ | 17.26 | 17.26 | = | 3,790 | ÷ | 219,592,294 | |
| Mar 19, 2020 | 10.00 | = | 149.23 | ÷ | 14.92 | 14.92 | = | 3,274 | ÷ | 219,521,425 | |
| Mar 25, 2019 | 13.21 | = | 154.69 | ÷ | 11.71 | 11.71 | = | 2,570 | ÷ | 219,535,216 | |
| Mar 22, 2018 | 13.95 | = | 131.41 | ÷ | 9.42 | 9.42 | = | 2,057 | ÷ | 218,327,862 | |
| Mar 21, 2017 | 9.09 | = | 83.64 | ÷ | 9.20 | 9.20 | = | 2,031 | ÷ | 220,849,268 | |
| Mar 23, 2016 | 5.14 | = | 57.29 | ÷ | 11.15 | 11.15 | = | 2,504 | ÷ | 224,493,192 | |
| Mar 18, 2015 | 5.57 | = | 61.63 | ÷ | 11.06 | 11.06 | = | 2,512 | ÷ | 227,204,316 | |
| Mar 10, 2014 | 5.25 | = | 52.59 | ÷ | 10.01 | 10.01 | = | 2,274 | ÷ | 227,185,041 | |
| Mar 18, 2013 | 3.87 | = | 40.03 | ÷ | 10.33 | 10.33 | = | 2,312 | ÷ | 223,800,000 | |
| Mar 15, 2012 | 4.11 | = | 40.08 | ÷ | 9.75 | 9.75 | = | 2,216 | ÷ | 227,300,000 | |
| Mar 18, 2011 | 4.60 | = | 39.40 | ÷ | 8.56 | 8.56 | = | 1,952 | ÷ | 227,900,000 | |
| Mar 19, 2010 | 3.90 | = | 29.11 | ÷ | 7.47 | 7.47 | = | 1,714 | ÷ | 229,300,000 | |
| Mar 20, 2009 | 1.31 | = | 13.39 | ÷ | 10.23 | 10.23 | = | 2,315 | ÷ | 226,400,000 | |
| Mar 28, 2008 | 3.37 | = | 31.77 | ÷ | 9.43 | 9.43 | = | 2,172 | ÷ | 230,300,000 | |
| Jun 4, 2007 | 5.67 | = | 45.10 | ÷ | 7.96 | 7.96 | = | 1,840 | ÷ | 231,200,000 | |
| Mar 30, 2006 | 5.75 | = | 38.07 | ÷ | 6.62 | 6.62 | = | 1,523 | ÷ | 230,100,000 | |
| Mar 31, 2005 | 5.50 | = | 29.76 | ÷ | 5.41 | 5.41 | = | 1,234 | ÷ | 228,000,000 |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Autodesk Inc. Annual Report.
- Share Price
- The share price demonstrated overall growth from 29.76 US$ in March 2005 to 218.2 US$ by June 2024. Notable fluctuations occurred, with declines observed around March 2009, reaching a low of 13.39 US$. Post-2010, the share price showed a consistent upward trajectory, peaking at 261.5 US$ in March 2021 before experiencing some volatility in subsequent years.
- Sales per Share
- Sales per share exhibited a general upward trend over the analyzed periods, increasing from 5.41 US$ in March 2005 to 25.51 US$ by June 2024. There was a minor dip in 2017 to 9.2 US$, followed by steady growth reaching a peak in recent years. This indicates improving revenue generation on a per-share basis.
- Price-to-Sales (P/S) Ratio
- The P/S ratio experienced considerable volatility, fluctuating between 1.31 and 15.15 across the time frame. The lowest level was recorded around March 2009, coinciding with the lowest share price, reflecting a possible market undervaluation at that time. A significant increase in the P/S ratio was observed from 2016 through 2018, suggesting that the market's valuation of sales increased markedly during this period. Recent data show a decline from the peak P/S ratio but it remains elevated compared to earlier years, indicating sustained high market expectations relative to sales.
- Overall Trends and Insights
- The data reveal a long-term positive trend in both share price and sales per share, signifying growth in company value and operational performance. However, the volatility in the P/S ratio reflects changing market sentiment towards the company’s sales performance. The surge in valuation multiples in the late 2010s suggests investor optimism, potentially linked to growth prospects or market conditions. The subsequent moderation of the P/S ratio indicates some realignment of market expectations, though the ratio remains higher than historical averages, highlighting continued confidence in future sales growth.
Comparison to Competitors
Autodesk Inc., P/S, long-term trends, comparison to competitors
| Autodesk Inc. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 10, 2024 | 8.55 | 3.48 | 8.27 | 15.26 | 26.10 | 29.64 | 3.81 | 10.72 | 12.82 | 7.44 | 102.00 | 13.62 | 8.45 | 18.99 | 12.45 | 9.61 |
| Mar 14, 2023 | 8.55 | 2.98 | 13.88 | 20.02 | 12.81 | 15.36 | 2.73 | 10.72 | 11.60 | 6.63 | 23.27 | 10.87 | 5.84 | 17.52 | 14.75 | 7.71 |
| Mar 14, 2022 | 9.35 | 2.56 | 8.95 | 14.23 | 30.15 | 8.05 | 1.94 | 9.30 | 10.40 | 4.25 | 9.34 | 9.62 | 7.40 | 12.75 | 10.03 | 11.19 |
| Mar 19, 2021 | 15.15 | 4.28 | 14.94 | 12.55 | 48.70 | 8.08 | 1.94 | 16.09 | 12.81 | 5.38 | 15.58 | 10.72 | 9.24 | 19.02 | 13.22 | 13.95 |
| Mar 19, 2020 | 10.00 | 3.26 | 17.04 | 13.85 | 22.79 | 10.38 | 1.47 | 11.78 | 10.85 | 4.33 | 39.86 | 6.66 | 8.88 | 25.66 | 10.08 | 10.65 |
| Mar 25, 2019 | 13.21 | 2.72 | 15.11 | 8.56 | — | 8.28 | 1.63 | 11.05 | 8.38 | 4.74 | — | 7.06 | 9.00 | 19.36 | 6.27 | 14.75 |
| Mar 22, 2018 | 13.95 | 2.35 | 13.23 | 7.53 | — | 5.51 | 1.56 | 9.52 | 7.51 | 4.41 | — | 9.75 | 8.89 | 16.63 | 4.10 | 13.73 |
| Mar 21, 2017 | 9.09 | 2.45 | 13.32 | 5.85 | — | 4.95 | 1.82 | 6.99 | 6.19 | 5.56 | — | 7.49 | 6.96 | 14.55 | 4.80 | 11.06 |
| Mar 23, 2016 | 5.14 | 2.13 | 9.34 | 4.53 | — | 3.97 | 2.12 | 6.17 | 5.13 | 4.45 | — | 9.69 | 7.09 | 10.50 | 3.71 | 12.08 |
| Mar 18, 2015 | 5.57 | 2.11 | 9.27 | 3.73 | — | 3.23 | 1.56 | 5.56 | 3.99 | 4.66 | — | 16.88 | 7.82 | 8.69 | 3.07 | 19.97 |
| Mar 10, 2014 | 5.25 | 1.61 | 8.59 | 3.42 | — | 2.88 | 1.76 | 5.32 | 4.10 | 4.67 | — | 13.17 | 9.54 | 16.81 | 3.15 | 35.87 |
| Mar 18, 2013 | 3.87 | 1.64 | 7.45 | 2.96 | — | 2.64 | 1.91 | 4.47 | 3.41 | 3.75 | — | 8.38 | 8.92 | 22.61 | 3.12 | 37.91 |
| Mar 15, 2012 | 4.11 | 1.54 | 4.30 | 3.02 | — | 2.13 | 2.12 | 4.27 | 3.32 | 3.66 | — | 17.50 | 8.91 | 19.84 | 2.76 | — |
| Mar 18, 2011 | 4.60 | 1.47 | 3.65 | 2.81 | — | 1.98 | 2.15 | 3.71 | 3.32 | 4.60 | — | — | 9.79 | — | 2.52 | — |
| Mar 19, 2010 | 3.90 | 1.36 | 4.50 | 2.76 | — | 1.55 | 1.98 | 4.12 | 3.57 | 4.04 | — | — | 7.35 | — | 2.93 | — |
| Mar 20, 2009 | 1.31 | 1.20 | 6.12 | 1.81 | — | 1.48 | 1.72 | 2.81 | 3.63 | 4.63 | — | — | 3.52 | — | 2.33 | — |
| Mar 28, 2008 | 3.37 | 0.92 | 2.88 | 1.01 | — | 0.88 | 1.12 | 3.21 | 3.89 | 4.79 | — | — | 9.52 | — | 1.93 | — |
| Jun 4, 2007 | 5.67 | 1.41 | 6.24 | 1.91 | — | 2.31 | 1.60 | 3.61 | 20.52 | 5.60 | — | — | 9.94 | — | 3.16 | — |
| Mar 30, 2006 | 5.75 | 1.44 | 8.78 | 3.95 | — | 2.90 | 1.55 | 4.87 | 17.98 | 5.51 | — | — | 13.93 | — | 3.54 | — |
| Mar 31, 2005 | 5.50 | 1.32 | 11.84 | 3.86 | — | 3.58 | 1.38 | 3.94 | 21.64 | 5.80 | — | — | 8.64 | — | 3.15 | — |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).
Comparison to Sector (Software & Services)
Autodesk Inc., P/S, long-term trends, comparison to sector (software & services)
| Autodesk Inc. | Software & Services | |
|---|---|---|
| Jun 10, 2024 | 8.55 | 10.32 |
| Mar 14, 2023 | 8.55 | 8.77 |
| Mar 14, 2022 | 9.35 | 7.46 |
| Mar 19, 2021 | 15.15 | 9.46 |
| Mar 19, 2020 | 10.00 | 7.68 |
| Mar 25, 2019 | 13.21 | 6.09 |
| Mar 22, 2018 | 13.95 | 5.24 |
| Mar 21, 2017 | 9.09 | 4.65 |
| Mar 23, 2016 | 5.14 | 3.95 |
| Mar 18, 2015 | 5.57 | 3.41 |
| Mar 10, 2014 | 5.25 | 3.34 |
| Mar 18, 2013 | 3.87 | 2.89 |
| Mar 15, 2012 | 4.11 | 2.78 |
| Mar 18, 2011 | 4.60 | 2.85 |
| Mar 19, 2010 | 3.90 | 2.72 |
| Mar 20, 2009 | 1.31 | 2.60 |
| Mar 28, 2008 | 3.37 | 2.31 |
| Jun 4, 2007 | 5.67 | 6.93 |
| Mar 30, 2006 | 5.75 | 6.18 |
| Mar 31, 2005 | 5.50 | 6.71 |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).
Comparison to Industry (Information Technology)
Autodesk Inc., P/S, long-term trends, comparison to industry (information technology)
| Autodesk Inc. | Information Technology | |
|---|---|---|
| Jun 10, 2024 | 8.55 | 9.31 |
| Mar 14, 2023 | 8.55 | 7.33 |
| Mar 14, 2022 | 9.35 | 6.01 |
| Mar 19, 2021 | 15.15 | 6.97 |
| Mar 19, 2020 | 10.00 | 6.11 |
| Mar 25, 2019 | 13.21 | 4.61 |
| Mar 22, 2018 | 13.95 | 4.31 |
| Mar 21, 2017 | 9.09 | 4.19 |
| Mar 23, 2016 | 5.14 | 3.47 |
| Mar 18, 2015 | 5.57 | 3.04 |
| Mar 10, 2014 | 5.25 | 3.32 |
| Mar 18, 2013 | 3.87 | 2.86 |
| Mar 15, 2012 | 4.11 | 2.88 |
| Mar 18, 2011 | 4.60 | 2.84 |
| Mar 19, 2010 | 3.90 | 3.03 |
| Mar 20, 2009 | 1.31 | 3.11 |
| Mar 28, 2008 | 3.37 | 2.38 |
| Jun 4, 2007 | 5.67 | 5.73 |
| Mar 30, 2006 | 5.75 | 5.18 |
| Mar 31, 2005 | 5.50 | 5.60 |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).