As of Q4'25, ASML's EV/Sales ratio stands at 40.76, reflecting a moderate increase from the previous quarter's 51.66 and showing a recovery from the recent low of 30.49 in Q4'24. The latest figure suggests a stabilization after notable volatility earlier in the observed period. From Q1'23 to Q4'25, the EV/Sales ratio for ASML exhibited significant fluctuations, peaking at 67.40 in Q1'24 before declining sharply to 30.49 by Q4'24. The ratio then rebounded, reaching 51.66 in Q3'25 before settling at 40.76 in Q4'25. Overall, the trend is characterized by high volatility with pronounced peaks and troughs, indicating shifting market valuations relative to sales over the past two years.