EV / Revenue Multiple Benchmarks
Public SaaS Companies — 29 companies tracked
Track valuation compression in real-time
BriefStock tracks EV/Revenue multiples as market cap changes daily, alerting you when companies become attractively valued relative to their growth rate.
EV / Revenue — Top 20 Companies
Sorted highest to lowest. Higher multiple reflects growth premium. Dashed line = median.
Ranked EV / Revenue Data
What is EV / Revenue?
Enterprise Value divided by trailing 12-month (TTM) revenue is the standard valuation multiple for SaaS companies. EV equals market capitalization plus total debt minus cash and equivalents. Unlike P/E ratios, EV/Revenue can be applied to any SaaS company regardless of profitability — making it the universal comparator across the sector.
Formula: EV / Revenue = (Market Cap + Total Debt − Cash) / TTM Revenue
What good looks like: EV/Revenue multiples vary dramatically by growth rate. A company growing 50%+ YoY can command 15–25x revenue; a company growing 10% typically trades at 3–6x. The "Rule of 40-adjusted multiple" divides EV/Revenue by the Rule of 40 score to normalize for growth/profitability trade-offs. Multiples compress when interest rates rise, since SaaS cash flows are long-duration.