Spruce Price To Sales Ratio from 2010 to 2024

SPRU Stock   2.88  0.05  1.71%   
Spruce Power Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 0.97 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Spruce Power'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
1.01792092
Current Value
0.97
Quarterly Volatility
24.33397057
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spruce Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spruce Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.7 M, Interest Expense of 44 M or Selling General Administrative of 47.7 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0 or PTB Ratio of 0.36. Spruce financial statements analysis is a perfect complement when working with Spruce Power Valuation or Volatility modules.
  
Check out the analysis of Spruce Power Correlation against competitors.

Latest Spruce Power's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Spruce Power Holding over the last few years. Price to Sales Ratio is figured by comparing Spruce Power Holding stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Spruce Power sales, a figure that is much harder to manipulate than other Spruce Power Holding 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. Spruce Power's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spruce Power's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.67 X10 Years Trend
Pretty Stable
   Price To Sales Ratio   
       Timeline  

Spruce Price To Sales Ratio Regression Statistics

Arithmetic Mean17.92
Geometric Mean9.99
Coefficient Of Variation135.80
Mean Deviation15.03
Median10.52
Standard Deviation24.33
Sample Variance592.14
Range97.6994
R-Value0.16
Mean Square Error620.85
R-Squared0.03
Significance0.56
Slope0.88
Total Sum of Squares8,290

Spruce Price To Sales Ratio History

2024 0.97
2023 1.02
2022 5.65
2021 29.38
2020 98.67
2019 38.45

About Spruce Power Financial Statements

Spruce Power shareholders use historical fundamental indicators, such as Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Spruce Power investors may analyze each financial statement separately, they are all interrelated. The changes in Spruce Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spruce Power's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.02  0.97 

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Additional Tools for Spruce Stock Analysis

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