Price / Sales also known as Market Cap / LTM Revenue, or P/S ratio is a financial ratio that compares a company’s market capitalization to the amount of revenue the company earned during the last 12 months.
P/S Ratio = Market Cap / Sales
Equivalently, it can also be calculated by dividing the per-share stock price by the per-share projected revenue.
Read more about the ratio on Wikipedia, sales and market capitalization.
Click the link below to download a spreadsheet with an example Price/Book calculation for Funding Circle Holdings PLC below: