A quick update on public SaaS company stock performance over the month of October.
Key Highlights:
- The SEG SaaS Index is up 28.4% in terms of YTD stock price performance, and continues to surpass other major indices.
- The median EV/TTM Revenue multiple for public SaaS companies reached 11.2x in October, the highest valuation multiple tracked to date.
- All product categories, besides Financial Applications (-5.2%), posted positive YTD stock price returns in October.