Sonim Price To Sales Ratio from 2010 to 2024

SONM Stock  USD 3.69  0.40  12.16%   
Sonim Technologies Price To Sales Ratio yearly trend continues to be very stable with very little volatility. Price To Sales Ratio is likely to drop to 3.11. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Sonim Technologies' 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
3.27256693
Current Value
3.11
Quarterly Volatility
16.3787692
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sonim Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonim Technologies' main balance sheet or income statement drivers, such as Interest Expense of 14.2 K, Selling General Administrative of 11.9 M or Total Revenue of 81.9 M, as well as many indicators such as Price To Sales Ratio of 3.11, Dividend Yield of 0.0 or PTB Ratio of 13.01. Sonim financial statements analysis is a perfect complement when working with Sonim Technologies Valuation or Volatility modules.
  
Check out the analysis of Sonim Technologies Correlation against competitors.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.

Latest Sonim Technologies' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Sonim Technologies over the last few years. Price to Sales Ratio is figured by comparing Sonim Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Sonim Technologies sales, a figure that is much harder to manipulate than other Sonim Technologies 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. Sonim Technologies' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sonim Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.23 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Sonim Price To Sales Ratio Regression Statistics

Arithmetic Mean21.81
Geometric Mean12.82
Coefficient Of Variation75.10
Mean Deviation15.48
Median36.32
Standard Deviation16.38
Sample Variance268.26
Range34.7228
R-Value(0.89)
Mean Square Error57.73
R-Squared0.80
Slope(3.28)
Total Sum of Squares3,756

Sonim Price To Sales Ratio History

2024 3.11
2023 3.27
2022 1.76
2021 1.6
2020 5.23
2019 5.81
2018 15.8

About Sonim Technologies Financial Statements

Sonim Technologies investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Sonim Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 3.27  3.11 

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When determining whether Sonim Technologies is a strong investment it is important to analyze Sonim Technologies' 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 Sonim Technologies' future performance. For an informed investment choice regarding Sonim Stock, refer to the following important reports:
Check out the analysis of Sonim Technologies Correlation against competitors.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Technology Hardware, Storage & Peripherals 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 Sonim Technologies. If investors know Sonim 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 Sonim Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.90)
Revenue Per Share
15.959
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.12)
Return On Equity
(0.53)
The market value of Sonim Technologies is measured differently than its book value, which is the value of Sonim that is recorded on the company's balance sheet. Investors also form their own opinion of Sonim Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonim Technologies' 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 Sonim Technologies' market value can be influenced by many factors that don't directly affect Sonim Technologies' 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 Sonim Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonim Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonim Technologies' 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.