Aspen Technology Inc

NASDAQ AZPN

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Aspen Technology Inc Price to Sales Ratio (P/S) on June 03, 2024: 11.98

Aspen Technology Inc Price to Sales Ratio (P/S) is 11.98 on June 03, 2024, a 16.11% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.

Aspen Technology Inc 52-week high Price to Sales Ratio (P/S) is 12.73 on December 26, 2023, which is 6.25% above the current Price to Sales Ratio (P/S).
Aspen Technology Inc 52-week low Price to Sales Ratio (P/S) is 9.42 on November 09, 2023, which is -21.37% below the current Price to Sales Ratio (P/S).
Aspen Technology Inc average Price to Sales Ratio (P/S) for the last 52 weeks is 11.09.

NASDAQ: AZPN

Aspen Technology Inc

CEO	Mr. Antonio J. Pietri
IPO Date	Oct. 25, 1994
Location	United States
Headquarters	20 Crosby Drive, Bedford, MA, United States, 01730
Employees	3,900
Sector	Technology
Industry	Software - application

Description

Aspen Technology, Inc. provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management. The company serves a range of asset-intensive industries, including oil and gas exploration and production; oil and gas processing and distribution; and oil and gas refining and marketing, as well as bulk and specialty chemicals, engineering and construction, power and utilities, metals and mining, and pharmaceuticals. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts. Aspen Technology, Inc. operates as a subsidiary of EMR Worldwide Inc.

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