Omega Price To Sales Ratio from 2010 to 2024

OFLX Stock  USD 49.24  0.26  0.53%   
Omega Flex Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 3.84 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Omega Flex'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
6.38521455
Current Value
3.84
Quarterly Volatility
3.3155652
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Omega Flex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Omega Flex's main balance sheet or income statement drivers, such as Interest Expense of 103.2 K, Total Revenue of 85.2 M or Gross Profit of 51.3 M, as well as many indicators such as Price To Sales Ratio of 3.84, Dividend Yield of 0.034 or PTB Ratio of 8.52. Omega financial statements analysis is a perfect complement when working with Omega Flex Valuation or Volatility modules.
  
Check out the analysis of Omega Flex Correlation against competitors.
For more information on how to buy Omega Stock please use our How to Invest in Omega Flex guide.

Latest Omega Flex's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Omega Flex over the last few years. Price to Sales Ratio is figured by comparing Omega Flex stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Omega Flex sales, a figure that is much harder to manipulate than other Omega Flex 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. Omega Flex's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Omega Flex's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.83 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Omega Price To Sales Ratio Regression Statistics

Arithmetic Mean5.88
Geometric Mean5.09
Coefficient Of Variation56.43
Mean Deviation2.58
Median5.04
Standard Deviation3.32
Sample Variance10.99
Range11.9813
R-Value0.58
Mean Square Error7.80
R-Squared0.34
Significance0.02
Slope0.43
Total Sum of Squares153.90

Omega Price To Sales Ratio History

2024 3.84
2023 6.39
2022 7.51
2021 9.86
2020 13.93
2019 9.72
2018 5.04

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex'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 Omega Flex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 6.39  3.84 

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Additional Tools for Omega Stock Analysis

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