SoundHound Price To Sales Ratio from 2010 to 2024

SOUNW Stock  USD 7.46  0.85  10.23%   
SoundHound Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio is likely to outpace its year average in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing SoundHound'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
10.59537411
Current Value
20.86
Quarterly Volatility
8.14475221
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SoundHound financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SoundHound's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Selling General Administrative of 22.8 M or Selling And Marketing Expenses of 11.8 M, as well as many indicators such as Price To Sales Ratio of 20.86, Dividend Yield of 0.0 or PTB Ratio of 18.12. SoundHound financial statements analysis is a perfect complement when working with SoundHound Valuation or Volatility modules.
  
Check out the analysis of SoundHound Correlation against competitors.

Latest SoundHound's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of SoundHound AI over the last few years. Price to Sales Ratio is figured by comparing SoundHound AI stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SoundHound sales, a figure that is much harder to manipulate than other SoundHound AI 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. SoundHound's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SoundHound's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

SoundHound Price To Sales Ratio Regression Statistics

Arithmetic Mean14.51
Geometric Mean13.22
Coefficient Of Variation56.13
Mean Deviation5.50
Median11.33
Standard Deviation8.14
Sample Variance66.34
Range31.1587
R-Value0.37
Mean Square Error61.89
R-Squared0.13
Significance0.18
Slope0.67
Total Sum of Squares928.72

SoundHound Price To Sales Ratio History

2024 20.86
2023 10.6
2022 8.95
2021 23.8
2020 40.1

About SoundHound Financial Statements

SoundHound investors use historical fundamental indicators, such as SoundHound'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 SoundHound. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 10.60  20.86 

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Additional Tools for SoundHound Stock Analysis

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