flatexDEGIRO AG provides online brokerage and IT solutions in the areas of finance and financial technology services in Europe. It operates through Financial Services (FIN) and Technologies (TECH) segments. The FIN segment offers business-to-consumer online brokerage, business-to-business white-label banking, electronic securities settlement, custody account management, and other banking products and services. This segment also provides business process outsourcing solutions; technical transaction processing services; cash management services; and securities-backed lending services, as well as engages in treasury and investment activities. The TECH segment is involved in the development, production, distribution, and maintenance of software, hardware, and information technology infrastructure. This segment also provides a platform for banking operations; corporate payment products; and develops and operates Limit Order System, which monitors the limit orders of European brokers against the price feed of connected issuers. The company was formerly known as flatex AG and changed its name to flatexDEGIRO AG in October 2020. flatexDEGIRO AG was incorporated in 1999 and is based in Frankfurt am Main, Germany.
P/S ratio for flatexDEGIRO AG (FTK.DE)
P/S ratio as of 2023: 3.21
According to flatexDEGIRO AG's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.21. At the end of 2022 the company had a P/S ratio of 1.71.
P/S ratio history for flatexDEGIRO AG from 2008 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 3.21 |
| 2022 | 1.71 |
| 2021 | 5.31 |
| 2020 | 5.55 |
| 2019 | 3.61 |
| 2018 | 2.82 |
| 2017 | 5.05 |
| 2016 | 2.65 |
| 2015 | 4.81 |
| 2014 | 7.19 |
| 2013 | 3.75 |
| 2012 | 2.70 |
| 2011 | 2.37 |
| 2010 | 2.70 |
| 2009 | 4.58 |
| 2008 | 4.79 |