Performance Price To Sales Ratio from 2010 to 2024
| PSHG Stock | USD 1.90 0.16 9.20% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.21861322 | Current Value 0.21 | Quarterly Volatility 1.47957839 |
Check Performance Shipping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Performance Shipping's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.4 M, Interest Expense of 5.8 M or Total Revenue of 114.4 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0754 or PTB Ratio of 0.1. Performance financial statements analysis is a perfect complement when working with Performance Shipping Valuation or Volatility modules.
Performance | Price To Sales Ratio |
Latest Performance Shipping's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Performance Shipping over the last few years. Price to Sales Ratio is figured by comparing Performance Shipping stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Performance Shipping sales, a figure that is much harder to manipulate than other Performance Shipping 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. Performance Shipping's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Performance Shipping's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.24 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Performance Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 0.59 | |
| Geometric Mean | 0.17 | |
| Coefficient Of Variation | 248.83 | |
| Mean Deviation | 0.71 | |
| Median | 0.22 | |
| Standard Deviation | 1.48 | |
| Sample Variance | 2.19 | |
| Range | 5.9033 | |
| R-Value | (0.44) | |
| Mean Square Error | 1.91 | |
| R-Squared | 0.19 | |
| Significance | 0.10 | |
| Slope | (0.14) | |
| Total Sum of Squares | 30.65 |
Performance Price To Sales Ratio History
About Performance Shipping Financial Statements
Performance Shipping stakeholders use historical fundamental indicators, such as Performance Shipping's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Performance Shipping investors may analyze each financial statement separately, they are all interrelated. For example, changes in Performance Shipping's assets and liabilities are reflected in the revenues and expenses on Performance Shipping's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Performance Shipping. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.22 | 0.21 |
Currently Active Assets on Macroaxis
When determining whether Performance Shipping is a strong investment it is important to analyze Performance Shipping's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Performance Shipping's future performance. For an informed investment choice regarding Performance Stock, refer to the following important reports:Check out the analysis of Performance Shipping Correlation against competitors. For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Marine Transportation 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 Performance Shipping. If investors know Performance 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 Performance Shipping 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 0.179 | Earnings Share 1.53 | Revenue Per Share 7.294 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0833 |
The market value of Performance Shipping is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Shipping's value that differs from its market value or its book value, called intrinsic value, which is Performance Shipping'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 Performance Shipping's market value can be influenced by many factors that don't directly affect Performance Shipping'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 Performance Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Shipping'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.