As of Q3'25, the latest P/S Ratio for symbol O stands at 9.219. This reflects a continued decrease from the previous quarter, maintaining the downward trend observed over the past several periods. From Q1'23 to Q3'25, the P/S Ratio has generally declined, starting at 11.976 and reaching 9.219. While there were brief rebounds in Q4'23 and Q2'24, the overall trend is downward, indicating a contraction in the price-to-sales valuation over this timeframe. This suggests that the market is assigning a lower valuation to each dollar of sales, potentially reflecting shifting investor sentiment or changes in company fundamentals.