Meta Platforms Inc.

NASDAQ META

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Meta Platforms Inc. Price to Sales Ratio (P/S) on June 03, 2024: 8.48

Meta Platforms Inc. Price to Sales Ratio (P/S) is 8.48 on June 03, 2024, a 40.35% 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.

Meta Platforms Inc. 52-week high Price to Sales Ratio (P/S) is 9.97 on April 05, 2024, which is 17.48% above the current Price to Sales Ratio (P/S).
Meta Platforms Inc. 52-week low Price to Sales Ratio (P/S) is 5.87 on June 07, 2023, which is -30.80% below the current Price to Sales Ratio (P/S).
Meta Platforms Inc. average Price to Sales Ratio (P/S) for the last 52 weeks is 7.45.

NASDAQ: META

Meta Platforms Inc.

CEO	Mr. Mark Elliot Zuckerberg
IPO Date	May 18, 2012
Location	United States
Headquarters	1601 Willow Road, Menlo Park, CA, United States, 94025
Employees	69,329
Sector	Communication Services
Industry	Internet content & information

Description

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California

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