As of Q4'25, CFLT's P/S Ratio stands at 33.8, marking a substantial surge compared to previous quarters. This latest data point represents a significant jump from Q3'25, where the ratio was 6.94. Over the period from Q1'23 to Q4'25, the P/S Ratio has shown considerable volatility, with values generally fluctuating between 7.97 and 13.72 before the sharp spike in Q4'25. The ratio experienced periods of both growth and decline, but the dramatic increase in the final quarter suggests a notable shift in market sentiment or company fundamentals.