Noah Holdings (NOAH) Price to Sales (2016 - 2026)
Noah Holdings' (NOAH) quarterly Price to Sales came in at 7.33 in Q2 2026, down 19.5% on a YoY basis from 9.11 in Q2 2025, and little changed quarter-over-quarter from 7.32 in Q1 2026.
Analysis
Noah Holdings (NOAH) Price to Sales (2016 - 2026) Analysis & Trends
Noah Holdings (NOAH) has reported Price to Sales for 11 consecutive years, with 7.33 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Sales fell 19.5% year-over-year to 7.33; the trailing twelve-month figure through Jun 2026 stood at 1.78 (down 19.99% YoY), and the FY2025 full-year result was 1.8, down 18.12% from the prior year.
- Price to Sales steadied at 7.33 in Q2 2026 per NOAH's latest filing, from 7.32 in the prior quarter.
- Across five years, Price to Sales topped out at 12.59 in Q1 2022 and bottomed at 6.42 in Q4 2025.
- Historically, Price to Sales has averaged 8.5 across 5 years, with a median of 8.17 in 2023.
- The sharpest annual moves came in 2023 and 2025: Price to Sales sank 43.83% in 2023, then rose 21.91% in 2025.
- Over 5 years, Price to Sales stood at 7.74 in 2022, then advanced by 3.9% to 8.05 in 2023, then grew by 9.23% to 8.79 in 2024, then retreated by 26.95% to 6.42 in 2025, then rose by 14.19% to 7.33 in 2026.
- According to Business Quant data, Price to Sales over the past three periods registered 7.33, 7.32, and 6.42 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 166.84 Bn | 152.97 Bn | - |
| 2 | Spdr Gold Trust | 146.01 Bn | -412.00 Bn | - |
| 3 | Ishares Gold Trust | 30.54 Bn | -29.57 Bn | - |
| 4 | World Gold Trust | 29.53 Bn | -73.54 Bn | - |
| 5 | Principal Financial | 24.58 Bn | -28.39 Bn | 1.91 Bn |
| 6 | iShares Silver Trust | 22.65 Bn | -5.56 Bn | - |
| 7 | Franklin Resources | 17.60 Bn | 13.88 Bn | - |
| 8 | Invesco | 14.52 Bn | 13.60 Bn | 1.79 Bn |
| 9 | Affiliated Managers | 9.42 Bn | 9.01 Bn | - |
| 10 | Noah Holdings | 573.39 Mn | -165.96 Mn | 82.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.33 |
| Mar 31, 2026 | 7.32 |
| Dec 31, 2025 | 6.42 |
| Sep 30, 2025 | 8.74 |
| Jun 30, 2025 | 9.11 |
| Mar 31, 2025 | 7.48 |
| Dec 31, 2024 | 8.79 |
| Sep 30, 2024 | 8.30 |
| Jun 30, 2024 | 7.47 |
| Mar 31, 2024 | 8.34 |
| Dec 31, 2023 | 8.05 |
| Sep 30, 2023 | 7.75 |
| Jun 30, 2023 | 6.93 |
| Mar 31, 2023 | 9.04 |
| Dec 31, 2022 | 7.74 |
| Sep 30, 2022 | 9.22 |
| Jun 30, 2022 | 12.33 |
| Mar 31, 2022 | 12.59 |
| Dec 31, 2021 | 10.43 |
| Sep 30, 2021 | 16.33 |