CoreCard Price To Sales Ratio from 2010 to 2024

CCRD Stock  USD 20.98  0.38  1.78%   
CoreCard Corp's Price To Sales Ratio is increasing over the years with slightly volatile fluctuation. Price To Sales Ratio is expected to dwindle to 1.70. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing CoreCard Corp's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
2.08860411
Current Value
1.7
Quarterly Volatility
3.29302582
 
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Yuan Drop
 
Covid
Check CoreCard Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CoreCard Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.7 M, Interest Expense of 1.8 M or Total Revenue of 28.6 M, as well as many indicators such as Price To Sales Ratio of 1.7, Dividend Yield of 0.0532 or PTB Ratio of 3.66. CoreCard financial statements analysis is a perfect complement when working with CoreCard Corp Valuation or Volatility modules.
  
Check out the analysis of CoreCard Corp Correlation against competitors.
For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.

Latest CoreCard Corp's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of CoreCard Corp over the last few years. Price to Sales Ratio is figured by comparing CoreCard Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CoreCard Corp sales, a figure that is much harder to manipulate than other CoreCard Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. CoreCard Corp's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CoreCard Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.08 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

CoreCard Price To Sales Ratio Regression Statistics

Arithmetic Mean3.94
Geometric Mean2.63
Coefficient Of Variation83.55
Mean Deviation2.68
Median3.56
Standard Deviation3.29
Sample Variance10.84
Range9.715
R-Value0.44
Mean Square Error9.42
R-Squared0.19
Significance0.10
Slope0.32
Total Sum of Squares151.82

CoreCard Price To Sales Ratio History

2024 1.7
2023 2.09
2022 3.56
2021 7.06
2020 9.97
2019 10.33
2018 5.65

About CoreCard Corp Financial Statements

CoreCard Corp stakeholders use historical fundamental indicators, such as CoreCard Corp's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although CoreCard Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in CoreCard Corp's assets and liabilities are reflected in the revenues and expenses on CoreCard Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CoreCard Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.09  1.70 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CoreCard Corp is a strong investment it is important to analyze CoreCard Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CoreCard Corp's future performance. For an informed investment choice regarding CoreCard Stock, refer to the following important reports:
Check out the analysis of CoreCard Corp Correlation against competitors.
For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CoreCard Corp. If investors know CoreCard will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CoreCard Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.49
Revenue Per Share
6.705
Quarterly Revenue Growth
0.172
Return On Assets
0.0469
The market value of CoreCard Corp is measured differently than its book value, which is the value of CoreCard that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCard Corp's value that differs from its market value or its book value, called intrinsic value, which is CoreCard Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CoreCard Corp's market value can be influenced by many factors that don't directly affect CoreCard Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CoreCard Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCard Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCard Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.