Rambus
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
34.6728.32
Price/Sales ratio
10.669.33
Earnings per Share (EPS)
$1.99$2.44

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
48.386.29222.42-83.85-5.25-16.90-45.34177.19-274.0222.11-375.74-16.90
Price/Sales ratio
4.274.494.503.933.586.828.149.898.6216.0111.823.58
Price/Book Value ratio
3.232.522.742.740.811.572.183.765.037.116.890.81
Price/Cash Flow ratio
16.4717.4016.3913.189.5211.8910.6615.5217.0137.7123.339.52
Price/Free Cash Flow ratio
18.1718.9218.0614.3410.9112.5212.6916.6218.6842.7923.3310.91
Price/Earnings Growth ratio
-0.270.00-2.290.21-0.000.370.87-1.231.55-0.002.18-0.00
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
85.85%84.69%80.06%79.86%76.77%77.06%74.97%78.55%76.34%77.57%76.34%77.06%
Operating Profit Margin
25.40%24.10%9.99%13.84%-37.61%-39.40%-18.33%12.08%16.91%33.31%18.01%-37.61%
Pretax Profit Margin
16.94%20.32%6.72%10.42%-30.54%-38.84%-16.32%7.09%-1.72%40.58%-1.72%-30.54%
Net Profit Margin
8.83%71.34%2.02%-4.69%-68.32%-40.36%-17.96%5.58%-3.14%72.41%-3.14%-68.32%
Effective Tax Rate
47.85%-250.96%69.87%145.03%-123.64%-3.91%-10.03%21.26%-82.87%-78.40%-82.87%-123.64%
Return on Assets
4.45%29.37%0.87%-2.08%-11.60%-6.75%-3.50%1.48%-1.41%26.53%-1.41%-11.60%
Return On Equity
6.69%40.14%1.23%-3.26%-15.60%-9.31%-4.81%2.12%-1.83%32.16%-1.81%-15.60%
Return on Capital Employed
13.60%10.33%4.59%7.23%-6.73%-7.04%-3.84%4.10%8.68%13.14%9.24%-6.73%
Liquidity Ratios
Current Ratio
9.0811.124.222.797.617.718.11N/AN/AN/A4.167.71
Quick Ratio
9.0811.084.112.757.517.597.942.523.996.673.907.59
Cash ratio
4.445.062.631.701.671.181.580.400.981.060.981.18
Days of Sales Outstanding
7.3820.2122.8724.04359.11372.13250.67199.75145.31105.90145.31372.13
Days of Inventory outstanding
N/A8.6930.6423.7946.0271.6586.9143.9870.91127.5970.9146.02
Operating Cycle
7.3828.9053.5247.83405.14443.79337.59243.73216.22233.50106.74443.79
Days of Payables Outstanding
60.5732.9753.2744.3350.2467.8454.0358.4884.1963.7884.1950.24
Cash Conversion Cycle
-53.19-4.060.243.49354.90375.94283.56185.25132.03169.7178.60375.94
Debt Ratios
Debt Ratio
0.260.220.200.280.130.110.120.130.010.000.230.13
Debt Equity Ratio
0.390.300.290.440.170.150.170.190.010.000.290.17
Long-term Debt to Capitalization
0.280.230.220.230.140.130.14N/AN/AN/A0.030.13
Total Debt to Capitalization
0.280.230.220.300.140.130.150.160.010.000.050.13
Interest Coverage Ratio
2.815.583.493.92-5.20-8.96-4.30N/AN/AN/A43.72-5.20
Cash Flow to Debt Ratio
0.490.470.560.460.480.821.151.2314.9543.965.170.48
Company Equity Multiplier
1.501.361.411.561.341.371.371.421.291.211.291.37
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.250.250.270.290.370.570.760.630.500.420.500.37
Free Cash Flow / Operating Cash Flow Ratio
0.900.910.900.910.870.940.830.930.910.880.990.87
Cash Flow Coverage Ratio
0.490.470.560.460.480.821.151.2314.9543.965.170.48
Short Term Coverage Ratio
N/AN/AN/A1.49N/A20.2139.251.2314.9543.9614.9520.21
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A