Meritage Price To Sales Ratio from 2010 to 2024

MTH Stock  USD 189.30  2.32  1.21%   
Meritage's Price To Sales Ratio is increasing with very volatile movements from year to year. Price To Sales Ratio is predicted to flatten to 0.99. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Meritage'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
1.03922393
Current Value
0.99
Quarterly Volatility
0.21594858
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Meritage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meritage's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 6.4 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0068 or PTB Ratio of 1.02. Meritage financial statements analysis is a perfect complement when working with Meritage Valuation or Volatility modules.
  
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.

Latest Meritage's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Meritage over the last few years. Price to Sales Ratio is figured by comparing Meritage stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Meritage sales, a figure that is much harder to manipulate than other Meritage 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. Meritage's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Meritage's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.08 X10 Years Trend
Very volatile
   Price To Sales Ratio   
       Timeline  

Meritage Price To Sales Ratio Regression Statistics

Arithmetic Mean0.74
Geometric Mean0.71
Coefficient Of Variation29.36
Mean Deviation0.19
Median0.69
Standard Deviation0.22
Sample Variance0.05
Range0.6501
R-Value0.04
Mean Square Error0.05
R-Squared0
Significance0.89
Slope0
Total Sum of Squares0.65

Meritage Price To Sales Ratio History

2024 0.99
2023 1.04
2022 0.54
2021 0.89
2020 0.69
2018 0.42
2017 0.63

About Meritage Financial Statements

Investors use fundamental indicators, such as Meritage's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Meritage's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.04  0.99 

Currently Active Assets on Macroaxis

When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Household Durables 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 Meritage. If investors know Meritage 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 Meritage 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
(0.11)
Dividend Share
2.52
Earnings Share
21.83
Revenue Per Share
177.112
Quarterly Revenue Growth
(0.01)
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage'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 Meritage's market value can be influenced by many factors that don't directly affect Meritage'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 Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage'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.