ServiceNow Price To Sales Ratio from 2010 to 2024
NOW Stock | USD 1,041 28.67 2.68% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 16.07632919 | Current Value 15.27 | Quarterly Volatility 398.51284364 |
Check ServiceNow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ServiceNow's main balance sheet or income statement drivers, such as Depreciation And Amortization of 552.3 M, Interest Expense of 21 M or Selling General Administrative of 906.1 M, as well as many indicators such as Price To Sales Ratio of 15.27, Dividend Yield of 1.0E-4 or PTB Ratio of 16.34. ServiceNow financial statements analysis is a perfect complement when working with ServiceNow Valuation or Volatility modules.
ServiceNow | Price To Sales Ratio |
Latest ServiceNow's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of ServiceNow over the last few years. Price to Sales Ratio is figured by comparing ServiceNow stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ServiceNow sales, a figure that is much harder to manipulate than other ServiceNow 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. ServiceNow's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ServiceNow's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 21.10 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
ServiceNow Price To Sales Ratio Regression Statistics
Arithmetic Mean | 117.12 | |
Geometric Mean | 18.65 | |
Coefficient Of Variation | 340.27 | |
Mean Deviation | 192.06 | |
Median | 14.45 | |
Standard Deviation | 398.51 | |
Sample Variance | 158,812 | |
Range | 1.5K | |
R-Value | (0.43) | |
Mean Square Error | 139,600 | |
R-Squared | 0.18 | |
Significance | 0.11 | |
Slope | (38.20) | |
Total Sum of Squares | 2.2M |
ServiceNow Price To Sales Ratio History
About ServiceNow Financial Statements
ServiceNow investors use historical fundamental indicators, such as ServiceNow'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 ServiceNow. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 16.08 | 15.27 |
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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 ServiceNow Stock Analysis
When running ServiceNow's price analysis, check to measure ServiceNow'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 ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.