As of Q4'25, RIVN's Price-to-Sales (P/S) Ratio stands at 3.225, reflecting a moderate increase from the previous quarter's value of 2.626. This latest data point suggests a recent uptick in valuation relative to sales as the year concludes. Over the period from Q1'23 to Q4'25, the P/S Ratio has exhibited significant volatility, peaking at 7.888 in Q2'23 before declining sharply to 2.05 by Q1'24. Since then, the ratio has fluctuated within a narrower range, generally between 2 and 3.2, indicating a stabilization in market sentiment after the initial volatility. The overall trend suggests that while RIVN's valuation multiples have compressed from earlier highs, recent quarters show signs of renewed investor confidence.