Mingzhu Logistics Holdings Stock Price To Sales

YGMZ Stock  USD 0.88  0.07  7.37%   
Mingzhu Logistics Holdings fundamentals help investors to digest information that contributes to Mingzhu Logistics' financial success or failures. It also enables traders to predict the movement of Mingzhu Stock. The fundamental analysis module provides a way to measure Mingzhu Logistics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mingzhu Logistics stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.13  1.07 
Price To Sales Ratio is likely to drop to 1.07 in 2024.
  
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Mingzhu Logistics Holdings Company Price To Sales Analysis

Mingzhu Logistics' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Mingzhu Logistics Price To Sales

    
  0.07 X  
Most of Mingzhu Logistics' fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mingzhu Logistics Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Mingzhu Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Mingzhu Logistics is extremely important. It helps to project a fair market value of Mingzhu Stock properly, considering its historical fundamentals such as Price To Sales. Since Mingzhu Logistics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mingzhu Logistics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mingzhu Logistics' interrelated accounts and indicators.
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Mingzhu Price To Sales Historical Pattern

Today, most investors in Mingzhu Logistics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mingzhu Logistics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Mingzhu Logistics price to sales as a starting point in their analysis.
   Mingzhu Logistics Price To Sales   
       Timeline  
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Mingzhu Price To Sales Ratio

Price To Sales Ratio

1.07

At this time, Mingzhu Logistics' Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, Mingzhu Logistics Holdings has a Price To Sales of 0.066 times. This is 99.76% lower than that of the Ground Transportation sector and 91.43% lower than that of the Industrials industry. The price to sales for all United States stocks is 99.42% higher than that of the company.

Mingzhu Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mingzhu Logistics' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mingzhu Logistics could also be used in its relative valuation, which is a method of valuing Mingzhu Logistics by comparing valuation metrics of similar companies.
Mingzhu Logistics is currently under evaluation in price to sales category among its peers.

Mingzhu Fundamentals

About Mingzhu Logistics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mingzhu Logistics Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mingzhu Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mingzhu Logistics Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Mingzhu Stock Analysis

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