Novanta (NOVT) - P/S ratio

P/S ratio as of November 2026 (TTM): 4.96

According to Novanta's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.16. At the end of 2023 the company had a P/S ratio of 6.84.

P/S ratio history for Novanta from 2010 to 2023

PS ratio at the end of each year

Year	P/S ratio	Change
2023	6.84	21.44%
2022	5.63	-36.58%
2021	8.88	26.2%
2020	7.04	42.14%
2019	4.95	38.4%
2018	3.58	7.82%
2017	3.32	76.49%
2016	1.88	50.14%
2015	1.25	-9.34%
2014	1.38	16.55%
2013	1.19	9.93%
2012	1.08	5.15%
2011	1.03	11.46%
2010	0.9198

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
PAVmed PAVM	112	2,159.14%	🇺🇸 USA
Philips PHG	1.44	-70.89%	🇳🇱 Netherlands

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Novanta (NOVT)

P/S ratio as of November 2026 (TTM): 4.96