The9 Price To Sales Ratio from 2010 to 2024

NCTY Stock  USD 13.32  0.03  0.23%   
The9 Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 0.14 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing The9'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
0.14623534
Current Value
0.14
Quarterly Volatility
1.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check The9 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among The9's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.6 M, Interest Expense of 29.2 M or Selling General Administrative of 166.1 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0128 or PTB Ratio of 0.13. The9 financial statements analysis is a perfect complement when working with The9 Valuation or Volatility modules.
  
Check out the analysis of The9 Correlation against competitors.

Latest The9's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of The9 Ltd ADR over the last few years. Price to Sales Ratio is figured by comparing The9 Ltd ADR stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on The9 sales, a figure that is much harder to manipulate than other The9 Ltd ADR 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. The9's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in The9's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.67 X10 Years Trend
Very volatile
   Price To Sales Ratio   
       Timeline  

The9 Price To Sales Ratio Regression Statistics

Arithmetic Mean813.13
Geometric Mean45.08
Coefficient Of Variation225.56
Mean Deviation1,234
Median36.87
Standard Deviation1,834
Sample Variance3.4M
Range6.6K
R-Value(0.03)
Mean Square Error3.6M
R-Squared0.0009
Significance0.92
Slope(12.23)
Total Sum of Squares47.1M

The9 Price To Sales Ratio History

2024 0.14
2023 0.15
2022 7.94
2021 51.71
2020 2013.85
2019 6579.93
2018 84.11

About The9 Financial Statements

The9 investors use historical fundamental indicators, such as The9'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 The9. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.15  0.14 

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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.

Additional Tools for The9 Stock Analysis

When running The9's price analysis, check to measure The9'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 The9 is operating at the current time. Most of The9's value examination focuses on studying past and present price action to predict the probability of The9's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move The9's price. Additionally, you may evaluate how the addition of The9 to your portfolios can decrease your overall portfolio volatility.