Hertz Price To Sales Ratio from 2010 to 2024

HTZ Stock  USD 4.62  0.10  2.21%   
Hertz Global Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 0.33 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Hertz Global'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
0.34703554
Current Value
0.33
Quarterly Volatility
0.42371384
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hertz Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hertz Global's main balance sheet or income statement drivers, such as Total Revenue of 9 B, Gross Profit of 1.9 B or Other Operating Expenses of 8.1 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0332 or PTB Ratio of 1.0. Hertz financial statements analysis is a perfect complement when working with Hertz Global Valuation or Volatility modules.
  
Check out the analysis of Hertz Global Correlation against competitors.

Latest Hertz Global's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Hertz Global Holdings over the last few years. Price to Sales Ratio is figured by comparing Hertz Global Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hertz Global sales, a figure that is much harder to manipulate than other Hertz Global Holdings 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. Hertz Global's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hertz Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.15 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Hertz Price To Sales Ratio Regression Statistics

Arithmetic Mean0.64
Geometric Mean0.51
Coefficient Of Variation66.47
Mean Deviation0.38
Median0.35
Standard Deviation0.42
Sample Variance0.18
Range1.1303
R-Value(0.47)
Mean Square Error0.15
R-Squared0.22
Significance0.08
Slope(0.04)
Total Sum of Squares2.51

Hertz Price To Sales Ratio History

2024 0.33
2023 0.35
2022 0.67
2021 1.07
2020 0.77
2019 0.32
2018 0.27

About Hertz Global Financial Statements

Hertz Global investors use historical fundamental indicators, such as Hertz Global's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hertz Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.35  0.33 

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Additional Tools for Hertz Stock Analysis

When running Hertz Global's price analysis, check to measure Hertz Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hertz Global is operating at the current time. Most of Hertz Global's value examination focuses on studying past and present price action to predict the probability of Hertz Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hertz Global's price. Additionally, you may evaluate how the addition of Hertz Global to your portfolios can decrease your overall portfolio volatility.