Xero Limited, together with its subsidiaries, operates as a software as a service company in New Zealand, Australia, the United Kingdom, and internationally. The company offers Xero, an open platform that connects small businesses to a range of solutions, which helps to manage their finances. It also provides Xero mobile app; and accountant/bookkeeper tools, including Xero HQ, Xero Practice Manager, Xero Workpapers, and Xero Cashbook or Xero Ledger. Xero Limited was incorporated in 2006 and is headquartered in Wellington, New Zealand.
P/S ratio for Xero Limited (XRO.AX)
P/S ratio as of 2024: 12.77
According to Xero Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 12.77. At the end of 2023 the company had a P/S ratio of 10.52.
P/S ratio history for Xero Limited from 2008 to 2024
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2024 | 12.77 |
| 2023 | 10.52 |
| 2022 | 14.75 |
| 2021 | 22.91 |
| 2020 | 14.02 |
| 2019 | 13.21 |
| 2018 | 12.24 |
| 2017 | 9.73 |
| 2016 | 9.99 |
| 2015 | 24.27 |
| 2014 | 72.16 |
| 2013 | 32.22 |
| 2012 | 27.35 |
| 2011 | 58.08 |
| 2010 | 152.75 |
| 2009 | 319.50 |
| 2008 | 2135.09 |