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As of Q4'25, TXN's EV/Sales ratio stands at 38.02, marking a moderate increase from the previous quarter's 35.26. This latest figure reflects a partial recovery after a decline from the Q2'24 peak of 50.29. Over the period from Q1'23 to Q4'25, the EV/Sales ratio has exhibited notable volatility. The metric rose sharply from 35.38 in Q1'23 to a high of 50.29 in Q2'24, before experiencing a downward correction and fluctuating within the 35–47 range in subsequent quarters. This pattern suggests periods of heightened valuation relative to sales, followed by normalization, indicating shifting market sentiment and possible changes in underlying business performance.