Multiples by Market Cap Class (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2024

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

Meidan 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
Bottom decile 490 10.30 16.21 1.03 0.98 1.27 14.70 13.95 1.68 1.64 -43.40% -34.73% -31.45% -22.75% 62.45%
2nd decile 492 10.71 14.56 0.54 0.94 1.62 14.88 12.52 1.92 1.18 -24.43% -10.41% -12.50% -4.42% 59.55%
3rd decile 495 12.28 11.57 0.82 1.06 1.90 29.90 39.57 2.12 1.22 -0.10% -4.96% 0.00% -0.57% 45.45%
4th decile 492 12.87 14.78 0.86 1.15 1.88 21.86 21.03 2.24 1.29 -4.80% -1.93% -0.52% -0.46% 49.39%
5th decile 493 13.08 12.72 0.87 1.43 2.18 20.61 14.75 2.40 1.56 -0.41% -0.03% 0.57% 0.00% 49.09%
6th decile 492 14.56 14.49 1.21 1.49 1.84 17.73 11.70 2.33 1.73 2.14% 0.44% 2.71% 1.42% 45.12%
7th decile 492 18.29 14.95 1.66 1.82 2.09 17.84 12.51 2.68 2.10 5.00% 4.26% 2.98% 4.77% 38.01%
8th decile 493 19.45 17.60 1.85 2.40 2.41 20.32 13.26 3.25 2.63 8.20% 6.26% 5.73% 7.50% 29.61%
9th decile 492 20.93 17.92 2.15 2.98 2.29 18.44 13.41 3.12 3.11 12.67% 12.95% 7.76% 11.20% 19.92%
Top decile 493 25.53 20.43 2.50 3.89 3.34 21.60 16.29 4.34 4.69 17.47% 17.90% 11.70% 16.21% 9.33%
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%
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Last updated in January 2024
By Aswath Damodaran