Price to Sales (P/S)
since 2005
Calculation
Roper Technologies Inc., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Net revenues1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2023 | 8.48 | = | 428.99 | ÷ | 50.56 | 50.56 | = | 5,371,800 | ÷ | 106,243,275 | |
| Feb 22, 2022 | 8.03 | = | 439.21 | ÷ | 54.71 | 54.71 | = | 5,777,800 | ÷ | 105,602,835 | |
| Feb 22, 2021 | 7.29 | = | 383.92 | ÷ | 52.67 | 52.67 | = | 5,527,100 | ÷ | 104,939,597 | |
| Feb 28, 2020 | 6.95 | = | 351.70 | ÷ | 50.58 | 50.58 | = | 5,366,800 | ÷ | 106,109,664 | |
| Feb 25, 2019 | 6.37 | = | 319.35 | ÷ | 50.10 | 50.10 | = | 5,191,200 | ÷ | 103,607,782 | |
| Feb 23, 2018 | 6.27 | = | 281.14 | ÷ | 44.81 | 44.81 | = | 4,607,471 | ÷ | 102,826,454 | |
| Feb 27, 2017 | 5.65 | = | 210.04 | ÷ | 37.20 | 37.20 | = | 3,789,925 | ÷ | 101,874,232 | |
| Feb 26, 2016 | 4.81 | = | 170.34 | ÷ | 35.45 | 35.45 | = | 3,582,395 | ÷ | 101,064,624 | |
| Feb 20, 2015 | 4.76 | = | 168.30 | ÷ | 35.37 | 35.37 | = | 3,549,494 | ÷ | 100,356,523 | |
| Feb 21, 2014 | 4.15 | = | 134.92 | ÷ | 32.53 | 32.53 | = | 3,238,128 | ÷ | 99,547,874 | |
| Feb 25, 2013 | 4.01 | = | 121.30 | ÷ | 30.27 | 30.27 | = | 2,993,489 | ÷ | 98,891,400 | |
| Feb 24, 2012 | 3.28 | = | 94.58 | ÷ | 28.87 | 28.87 | = | 2,797,089 | ÷ | 96,892,635 | |
| Feb 25, 2011 | 3.32 | = | 83.21 | ÷ | 25.03 | 25.03 | = | 2,386,112 | ÷ | 95,336,634 | |
| Feb 26, 2010 | 2.53 | = | 55.44 | ÷ | 21.88 | 21.88 | = | 2,049,668 | ÷ | 93,684,013 | |
| Mar 2, 2009 | 1.48 | = | 37.99 | ÷ | 25.69 | 25.69 | = | 2,306,371 | ÷ | 89,765,578 | |
| Feb 29, 2008 | 2.40 | = | 56.40 | ÷ | 23.54 | 23.54 | = | 2,102,049 | ÷ | 89,306,840 | |
| Mar 1, 2007 | 2.75 | = | 53.15 | ÷ | 19.35 | 19.35 | = | 1,700,734 | ÷ | 87,911,964 | |
| Mar 16, 2006 | 2.75 | = | 46.40 | ÷ | 16.86 | 16.86 | = | 1,453,731 | ÷ | 86,207,669 |
Based on: 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 Roper Technologies Inc. Annual Report.
- Share Price
- The share price exhibited fluctuations over the period analyzed, starting at $46.40 and demonstrating a general upward trend overall. After rising to a peak of $56.40 in early 2008, it experienced a significant decline to $37.99 by early 2009. Subsequently, a consistent and strong increase followed, reaching a high of $439.21 by early 2022. A slight decrease was observed in the final year to $428.99.
- Sales Per Share
- Sales per share showed overall growth from $16.86 to a peak of $54.71 in early 2022. Periodic fluctuations occurred, with a notable dip from $25.69 in early 2009 to $21.88 in early 2010, likely reflecting broader economic challenges. From 2010 onward, a generally steady increase was maintained, with a minor decline in the final year to $50.56.
- Price-to-Sales Ratio (P/S)
- The P/S ratio varied significantly across the analyzed timeframe. It began at 2.75, held steady initially, then dropped to 1.48 in early 2009, coinciding with the economic downturn. Following this low point, the ratio experienced a notable upward trajectory, increasing steadily each year to reach 8.48 by early 2023. This suggests growing market valuation relative to sales over time, indicating increasing investor confidence or improved profitability expectations.
- Summary of Trends
- Overall, the data indicates that despite short-term setbacks, particularly around 2009, the company experienced substantial growth in share price and sales per share over the long term. The persistent rise in the P/S ratio suggests that the market’s valuation of the company increased at a faster rate than sales growth, which may reflect enhanced market positioning, stronger earnings potential, or broader positive investor sentiment. The slight declines observed in the final reporting period for both share price and sales per share merit monitoring but do not substantially alter the long-term positive performance trajectory.
Comparison to Competitors
Roper Technologies Inc., P/S, long-term trends, comparison to competitors
| Roper Technologies Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|---|
| Feb 27, 2023 | 8.48 | 6.28 | 9.89 | 3.62 | 0.40 | 0.70 |
| Feb 22, 2022 | 8.03 | 6.72 | 13.57 | 4.96 | 0.72 | 0.51 |
| Feb 22, 2021 | 7.29 | 6.74 | 10.24 | 3.52 | 0.31 | 0.43 |
| Feb 28, 2020 | 6.95 | 4.25 | 7.09 | 3.96 | 0.47 | 0.32 |
| Feb 25, 2019 | 6.37 | 3.60 | 9.29 | 4.38 | — | 0.33 |
| Feb 23, 2018 | 6.27 | 3.86 | 11.20 | 3.28 | — | 0.40 |
| Feb 27, 2017 | 5.65 | 2.86 | 7.49 | 3.20 | — | 0.47 |
| Feb 26, 2016 | 4.81 | 2.85 | 5.52 | 2.71 | — | 0.65 |
| Feb 20, 2015 | 4.76 | 3.37 | 7.82 | 2.69 | — | 0.82 |
| Feb 21, 2014 | 4.15 | 2.76 | — | 2.66 | — | 0.48 |
| Feb 25, 2013 | 4.01 | 3.58 | — | 2.19 | — | 0.54 |
| Feb 24, 2012 | 3.28 | 3.44 | — | 2.03 | — | 0.54 |
| Feb 25, 2011 | 3.32 | 4.33 | — | 3.02 | — | 0.51 |
| Feb 26, 2010 | 2.53 | 4.87 | — | 3.70 | — | 0.55 |
| Mar 2, 2009 | 1.48 | 2.83 | — | 3.33 | — | 0.62 |
| Feb 29, 2008 | 2.40 | 5.99 | — | 5.59 | — | 0.61 |
| Mar 1, 2007 | 2.75 | 3.77 | — | 4.87 | — | — |
| Mar 16, 2006 | 2.75 | 4.34 | — | 4.60 | — | — |
Based on: 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 (Technology Hardware & Equipment)
Roper Technologies Inc., P/S, long-term trends, comparison to sector (technology hardware & equipment)
| Roper Technologies Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Feb 27, 2023 | 8.48 | 4.94 |
| Feb 22, 2022 | 8.03 | 5.45 |
| Feb 22, 2021 | 7.29 | 4.93 |
| Feb 28, 2020 | 6.95 | 3.36 |
| Feb 25, 2019 | 6.37 | 3.73 |
| Feb 23, 2018 | 6.27 | 3.78 |
| Feb 27, 2017 | 5.65 | 2.92 |
| Feb 26, 2016 | 4.81 | 2.81 |
| Feb 20, 2015 | 4.76 | 3.23 |
| Feb 21, 2014 | 4.15 | 2.73 |
| Feb 25, 2013 | 4.01 | 3.25 |
| Feb 24, 2012 | 3.28 | 3.02 |
| Feb 25, 2011 | 3.32 | 3.81 |
| Feb 26, 2010 | 2.53 | 4.26 |
| Mar 2, 2009 | 1.48 | 3.08 |
| Feb 29, 2008 | 2.40 | 5.72 |
| Mar 1, 2007 | 2.75 | 4.43 |
| Mar 16, 2006 | 2.75 | 4.50 |
Based on: 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)
Roper Technologies Inc., P/S, long-term trends, comparison to industry (information technology)
| Roper Technologies Inc. | Information Technology | |
|---|---|---|
| Feb 27, 2023 | 8.48 | 6.02 |
| Feb 22, 2022 | 8.03 | 6.98 |
| Feb 22, 2021 | 7.29 | 6.11 |
| Feb 28, 2020 | 6.95 | 4.61 |
| Feb 25, 2019 | 6.37 | 4.31 |
| Feb 23, 2018 | 6.27 | 4.19 |
| Feb 27, 2017 | 5.65 | 3.47 |
| Feb 26, 2016 | 4.81 | 3.04 |
| Feb 20, 2015 | 4.76 | 3.32 |
| Feb 21, 2014 | 4.15 | 2.86 |
| Feb 25, 2013 | 4.01 | 2.89 |
| Feb 24, 2012 | 3.28 | 2.84 |
| Feb 25, 2011 | 3.32 | 3.03 |
| Feb 26, 2010 | 2.53 | 3.12 |
| Mar 2, 2009 | 1.48 | 2.39 |
| Feb 29, 2008 | 2.40 | 5.74 |
| Mar 1, 2007 | 2.75 | 5.19 |
| Mar 16, 2006 | 2.75 | 5.61 |
Based on: 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).