Price to Sales (P/S)
since 2005
Calculation
Take-Two Interactive Software Inc., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Net revenue1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| May 20, 2025 | 7.48 | = | 237.50 | ÷ | 31.75 | 31.75 | = | 5,633,600 | ÷ | 177,424,908 | |
| May 22, 2024 | 4.83 | = | 150.61 | ÷ | 31.21 | 31.21 | = | 5,349,600 | ÷ | 171,385,386 | |
| May 26, 2023 | 4.40 | = | 138.98 | ÷ | 31.59 | 31.59 | = | 5,349,900 | ÷ | 169,333,577 | |
| May 17, 2022 | 4.07 | = | 123.08 | ÷ | 30.26 | 30.26 | = | 3,504,800 | ÷ | 115,808,814 | |
| May 19, 2021 | 6.15 | = | 179.35 | ÷ | 29.16 | 29.16 | = | 3,372,772 | ÷ | 115,656,093 | |
| May 22, 2020 | 5.18 | = | 140.51 | ÷ | 27.11 | 27.11 | = | 3,088,970 | ÷ | 113,942,760 | |
| May 14, 2019 | 4.37 | = | 103.55 | ÷ | 23.71 | 23.71 | = | 2,668,394 | ÷ | 112,541,501 | |
| May 17, 2018 | 7.27 | = | 113.88 | ÷ | 15.67 | 15.67 | = | 1,792,892 | ÷ | 114,379,624 | |
| May 24, 2017 | 4.54 | = | 77.73 | ÷ | 17.14 | 17.14 | = | 1,779,748 | ÷ | 103,836,895 | |
| May 19, 2016 | 2.24 | = | 37.29 | ÷ | 16.66 | 16.66 | = | 1,413,698 | ÷ | 84,834,119 | |
| May 22, 2015 | 2.13 | = | 27.26 | ÷ | 12.80 | 12.80 | = | 1,082,938 | ÷ | 84,609,452 | |
| May 14, 2014 | 0.80 | = | 18.99 | ÷ | 23.75 | 23.75 | = | 2,350,568 | ÷ | 98,970,156 | |
| May 14, 2013 | 1.25 | = | 16.54 | ÷ | 13.22 | 13.22 | = | 1,214,483 | ÷ | 91,870,014 | |
| May 23, 2012 | 1.28 | = | 11.78 | ÷ | 9.19 | 9.19 | = | 825,823 | ÷ | 89,877,335 | |
| May 25, 2011 | 1.27 | = | 16.62 | ÷ | 13.12 | 13.12 | = | 1,136,876 | ÷ | 86,678,915 | |
| Dec 20, 2010 | 1.44 | = | 12.85 | ÷ | 8.94 | 8.94 | = | 762,941 | ÷ | 85,351,968 | |
| Dec 18, 2009 | 0.77 | = | 9.01 | ÷ | 11.64 | 11.64 | = | 968,488 | ÷ | 83,187,187 | |
| Dec 19, 2008 | 0.43 | = | 8.43 | ÷ | 19.79 | 19.79 | = | 1,537,530 | ÷ | 77,677,578 | |
| Dec 20, 2007 | 1.45 | = | 19.10 | ÷ | 13.21 | 13.21 | = | 981,791 | ÷ | 74,331,258 | |
| Feb 28, 2007 | 1.25 | = | 17.80 | ÷ | 14.25 | 14.25 | = | 1,037,840 | ÷ | 72,838,149 | |
| Jan 31, 2006 | 0.94 | = | 15.86 | ÷ | 16.83 | 16.83 | = | 1,202,595 | ÷ | 71,437,927 |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Take-Two Interactive Software Inc. Annual Report.
The Price-to-Sales (P/S) ratio exhibits a long-term upward trajectory, indicating a significant expansion in the market's valuation of the company relative to its revenue generation over the analyzed period.
- Initial Valuation Phase (2006–2014)
- During this period, the P/S ratio remained relatively low and volatile, fluctuating primarily between 0.43 and 1.45. A notable valuation trough occurred in 2008, where the ratio dropped to 0.43, the lowest point in the dataset. Throughout these years, the share price and sales per share moved in a manner that kept the multiple constrained, generally staying below 2.0.
- Valuation Expansion (2015–2018)
- A sharp shift in market sentiment is observed starting in 2015, as the P/S ratio climbed from 2.13 to a peak of 7.27 by May 2018. This rapid increase was driven by a share price that grew at a rate significantly outpacing the growth in sales per share, reflecting heightened investor expectations and a premium valuation.
- Stabilization and Recent Peak (2019–2025)
- Following the 2018 peak, the P/S ratio entered a period of relative stabilization, oscillating between 4.07 and 6.15 from 2019 through 2024. Despite fluctuations in the share price, the ratio remained substantially higher than the 2006–2014 average. A final surge is observed in 2025, with the P/S ratio reaching a historical high of 7.48, coinciding with a significant increase in the share price to 237.50.
The relationship between share price and sales per share reveals that while sales per share grew steadily—rising from 16.83 in 2006 to 31.75 in 2025—the share price experienced exponential growth. This divergence explains the overall increase in the P/S ratio, shifting the company from a value-oriented multiple to a high-growth valuation multiple.
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Comparison to Competitors
Take-Two Interactive Software Inc., P/S, long-term trends, comparison to competitors
| Take-Two Interactive Software Inc. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| May 20, 2025 | 7.48 | 9.95 | 0.87 | 9.29 | 8.05 | 2.03 |
| May 22, 2024 | 4.83 | 6.73 | 1.03 | 10.58 | 10.66 | 2.16 |
| May 26, 2023 | 4.40 | 5.74 | 1.52 | 8.98 | 7.32 | 1.94 |
| May 17, 2022 | 4.07 | 4.76 | 1.39 | 4.20 | 5.14 | 2.09 |
| May 19, 2021 | 6.15 | 7.60 | 1.95 | 5.49 | 5.78 | 4.08 |
| May 22, 2020 | 5.18 | 7.65 | 2.28 | 8.78 | 9.54 | 4.13 |
| May 14, 2019 | 4.37 | 6.14 | 1.84 | 8.45 | 7.47 | 3.81 |
| May 17, 2018 | 7.27 | 5.82 | 1.75 | 8.52 | 9.09 | 2.83 |
| May 24, 2017 | 4.54 | 6.78 | 2.34 | 13.80 | 10.56 | 2.81 |
| May 19, 2016 | 2.24 | 6.14 | 2.22 | 13.70 | 6.95 | 2.81 |
| May 22, 2015 | 2.13 | 6.27 | 1.95 | 17.32 | 5.96 | 3.74 |
| May 14, 2014 | 0.80 | 5.44 | 2.19 | 17.51 | 4.88 | 3.12 |
| May 14, 2013 | 1.25 | 6.67 | 2.23 | 20.27 | 5.53 | 2.70 |
| May 23, 2012 | 1.28 | 4.95 | 1.69 | 13.92 | 2.55 | 2.04 |
| May 25, 2011 | 1.27 | 4.87 | 1.44 | — | 2.14 | 1.47 |
| Dec 20, 2010 | 1.44 | 6.85 | 1.85 | — | 5.75 | 1.83 |
| Dec 18, 2009 | 0.77 | 7.17 | 1.28 | — | 2.09 | 1.59 |
| Dec 19, 2008 | 0.43 | 5.17 | 1.08 | — | 1.54 | 0.92 |
| Dec 20, 2007 | 1.45 | 10.00 | 1.96 | — | 1.60 | 1.69 |
| Feb 28, 2007 | 1.25 | 13.15 | 3.31 | — | 1.54 | 1.99 |
| Jan 31, 2006 | 0.94 | 16.41 | 2.55 | — | 2.05 | 1.55 |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
Comparison to Sector (Media & Entertainment)
Take-Two Interactive Software Inc., P/S, long-term trends, comparison to sector (media & entertainment)
| Take-Two Interactive Software Inc. | Media & Entertainment | |
|---|---|---|
| May 20, 2025 | 7.48 | 7.54 |
| May 22, 2024 | 4.83 | 6.29 |
| May 26, 2023 | 4.40 | 5.21 |
| May 17, 2022 | 4.07 | 3.68 |
| May 19, 2021 | 6.15 | 5.56 |
| May 22, 2020 | 5.18 | 6.26 |
| May 14, 2019 | 4.37 | 5.12 |
| May 17, 2018 | 7.27 | 4.83 |
| May 24, 2017 | 4.54 | 5.91 |
| May 19, 2016 | 2.24 | 5.06 |
| May 22, 2015 | 2.13 | 5.13 |
| May 14, 2014 | 0.80 | 4.50 |
| May 14, 2013 | 1.25 | 4.67 |
| May 23, 2012 | 1.28 | 3.18 |
| May 25, 2011 | 1.27 | 2.41 |
| Dec 20, 2010 | 1.44 | 3.29 |
| Dec 18, 2009 | 0.77 | 2.84 |
| Dec 19, 2008 | 0.43 | 1.96 |
| Dec 20, 2007 | 1.45 | 3.43 |
| Feb 28, 2007 | 1.25 | 4.12 |
| Jan 31, 2006 | 0.94 | 3.41 |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
Comparison to Industry (Communication Services)
Take-Two Interactive Software Inc., P/S, long-term trends, comparison to industry (communication services)
| Take-Two Interactive Software Inc. | Communication Services | |
|---|---|---|
| May 20, 2025 | 7.48 | 5.88 |
| May 22, 2024 | 4.83 | 4.93 |
| May 26, 2023 | 4.40 | 3.97 |
| May 17, 2022 | 4.07 | 2.91 |
| May 19, 2021 | 6.15 | 3.94 |
| May 22, 2020 | 5.18 | 4.19 |
| May 14, 2019 | 4.37 | 3.54 |
| May 17, 2018 | 7.27 | 3.20 |
| May 24, 2017 | 4.54 | 3.59 |
| May 19, 2016 | 2.24 | 3.11 |
| May 22, 2015 | 2.13 | 3.03 |
| May 14, 2014 | 0.80 | 2.68 |
| May 14, 2013 | 1.25 | 2.72 |
| May 23, 2012 | 1.28 | 2.08 |
| May 25, 2011 | 1.27 | 1.65 |
| Dec 20, 2010 | 1.44 | 1.84 |
| Dec 18, 2009 | 0.77 | 1.54 |
| Dec 19, 2008 | 0.43 | 1.29 |
| Dec 20, 2007 | 1.45 | 2.05 |
| Feb 28, 2007 | 1.25 | 2.85 |
| Jan 31, 2006 | 0.94 | 2.32 |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).