Multiples by Market Cap Class (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2023

Critieria for inclusion: All publicly traded firms in the United States with market capitalizations >$10 million

Median Values
Market Cap Decile Number of firms Trailing PE Forward PE PEG Ratio PBV Price/Sales EV/EBIT EV/EBITDA EV/Sales EV/Invested Capital ROE Pre-tax ROIC Net Margin Operating Margin % of companies with Net Income <0 % of companies with Operating Income <0
Bottom decile 550 10.50 16.88 0.06 0.86 1.63 15.55 14.53 2.23 1.45 -45.05% -44.65% -42.21% -43.01% 83.64% 87.64%
2nd decile 548 8.71 10.25 0.21 1.10 1.89 23.01 22.41 2.06 1.21 -14.91% -12.60% -7.77% -4.65% 68.43% 76.46%
3rd decile 553 9.74 10.97 0.76 1.13 2.13 21.10 18.39 2.34 1.44 -9.43% -4.63% -2.79% -0.55% 63.47% 74.14%
4th decile 551 10.10 9.80 0.68 1.23 1.93 19.32 16.86 1.92 1.35 0.15% -1.07% 1.51% -0.16% 55.35% 69.51%
5th decile 550 18.08 9.29 0.84 1.35 2.17 17.73 14.07 2.28 1.53 2.19% -7.31% 1.71% -0.09% 43.64% 74.18%
6th decile 550 14.74 10.89 0.98 1.49 2.41 15.56 10.36 2.35 1.75 6.14% -0.05% 3.14% 0.12% 40.00% 61.45%
7th decile 551 13.65 12.44 1.56 1.67 2.05 16.66 10.82 2.79 1.91 6.27% 3.89% 3.90% 3.20% 38.11% 41.38%
8th decile 551 16.23 14.94 1.88 2.30 2.44 18.15 12.70 3.11 2.54 8.94% 8.39% 5.44% 6.67% 32.85% 31.58%
9th decile 550 16.82 16.16 1.88 2.56 2.47 17.60 12.62 3.26 2.76 13.19% 12.90% 8.83% 10.54% 18.91% 20.18%
Top decile 551 22.95 19.24 2.60 3.48 3.19 21.38 15.02 4.28 4.02 18.17% 19.51% 12.97% 16.61% 9.62% 9.98%
All firms 5,505 14.50 14.44 1.99 1.59 2.19 18.38 13.30 2.70 1.96 4.47% 0.05% 2.63% 0.11% 45.48% 64.02%
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Last updated in January 2023
By Aswath Damodaran