Stock Analysis on Net

Cisco Systems Inc. (NASDAQ:CSCO)

$24.99

Price to Sales (P/S)
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Cisco Systems Inc., P/S, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-07-26), 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27), 10-K (reporting date: 2018-07-28), 10-K (reporting date: 2017-07-29), 10-K (reporting date: 2016-07-30), 10-K (reporting date: 2015-07-25), 10-K (reporting date: 2014-07-26), 10-K (reporting date: 2013-07-27), 10-K (reporting date: 2012-07-28), 10-K (reporting date: 2011-07-30), 10-K (reporting date: 2010-07-31), 10-K (reporting date: 2009-07-25), 10-K (reporting date: 2008-07-26), 10-K (reporting date: 2007-07-28), 10-K (reporting date: 2006-07-29), 10-K (reporting date: 2005-07-30).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Cisco Systems Inc. Annual Report.


Share Price Trend
The share price experienced significant fluctuations over the analyzed period. Initially, it rose from $18.17 in 2005 to a peak of $32.04 in 2007, followed by a decline to $16.33 in 2011. Subsequent years showed a recovery and steady increase, reaching a notable high of $58.60 in 2021. However, a decline followed in 2022 to $45.37, before surging again to $67.67 by 2025. This pattern indicates periods of volatility interspersed with overall long-term growth.
Sales Per Share Development
Sales per share showed an overall upward trend across the years. From $3.95 in 2005, the figure steadily increased to $12.23 by 2019, representing more than a threefold growth. Minor dips occurred, such as the decrease from $12.23 in 2019 to $11.65 in 2020 and again to $13.48 in 2024. Despite these short-term variances, the overall trajectory suggests consistent improvement in sales generated per share.
Price to Sales (P/S) Ratio Analysis
The P/S ratio demonstrated considerable variability with both downward and upward movements. Notably, it peaked at 5.59 in 2007 and then dropped sharply to 2.03 in 2011, reflecting a significant contraction in market valuation relative to sales at that time. After 2011, the ratio showed moderate recovery, reaching 4.96 in 2021, then nervously fluctuated around the mid-3 to mid-4 range through 2025. This suggests periods where investor sentiment and valuation multiples were inconsistent relative to sales achievements.
Interrelation Among Metrics
The share price and the P/S ratio exhibit correlated movements, notably the peaks in 2007 and 2021 aligning with higher P/S ratios. Despite rising sales per share, the valuation ratio did not increase proportionally, indicating that market pricing was influenced by factors beyond sales growth alone, including investor expectations and broader market conditions. Additionally, declines in share price coincide with lower P/S ratios, reinforcing the sensitivity of valuation multiples to market dynamics.
Summary
The overall analysis reflects a company with robust sales growth over the two decades, accompanied by a generally positive trend in share price but with notable periods of market volatility. The variability in the P/S ratio highlights fluctuating investor perceptions and market valuations independent of steady sales performance. This dynamic underscores the importance of considering both operational results and market sentiment when evaluating the company's financial standing.

Comparison to Competitors

Cisco Systems Inc., P/S, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2025-07-26), 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27), 10-K (reporting date: 2018-07-28), 10-K (reporting date: 2017-07-29), 10-K (reporting date: 2016-07-30), 10-K (reporting date: 2015-07-25), 10-K (reporting date: 2014-07-26), 10-K (reporting date: 2013-07-27), 10-K (reporting date: 2012-07-28), 10-K (reporting date: 2011-07-30), 10-K (reporting date: 2010-07-31), 10-K (reporting date: 2009-07-25), 10-K (reporting date: 2008-07-26), 10-K (reporting date: 2007-07-28), 10-K (reporting date: 2006-07-29), 10-K (reporting date: 2005-07-30).


Comparison to Sector (Technology Hardware & Equipment)


Comparison to Industry (Information Technology)